Flat Prices

HDB resale market report: Oct 2017

1,785 HDB resale flats were sold in Oct 2017, 6% more than in Sep 2017 and 6% more than a year earlier. The median 4-room flat sold for $400k ($392 per sq ft), 1.5% down on a year before per square foot. 2 flats sold for $1 million or more (1 a year earlier). 5 new town records were set.

1,785
flats sold · ▲ 6% on Sep
$410k
median price, all flats
2
sold for $1M+
5
new town records

Prices by flat type

Flat typeSalesMedian$psf$psf vs Sep$psf vs a year before
3-room460$300k$410▲ 0.0%▼ 2.4%
4-room739$400k$392▼ 1.3%▼ 1.5%
5-room418$480k$378▲ 0.5%▲ 1.6%
Executive159$590k$391▼ 1.8%▲ 1.3%

Medians of the month's sales. A month's mix of flats moves medians too, so small changes are noise.

Towns rising fastest

  1. Toa Payoh ▲ 6.2% $472 psf
  2. Bukit Panjang ▲ 3.6% $369 psf
  3. Serangoon ▲ 3.5% $449 psf
  4. Clementi ▲ 2.7% $487 psf
  5. Bukit Merah ▲ 1.8% $562 psf

Towns rising slowest

  1. Ang Mo Kio ▼ 3.8% $426 psf
  2. Jurong West ▼ 3.5% $360 psf
  3. Queenstown ▼ 3.2% $594 psf
  4. Sembawang ▼ 3.0% $339 psf
  5. Jurong East ▼ 3.0% $401 psf

Median $psf over the 3 months to Oct 2017 against the same 3 months a year before, towns with at least 60 sales in both.

Busiest towns

Jurong West 152 · Woodlands 137 · Sengkang 130 · Punggol 110 · Tampines 106

Top 10 sales

MonthBlockTypeStoreysqmModelLease leftPrice$psf
Oct 2017 Blk 138A Lor 1a Toa Payoh
Toa Payoh
5-room 40–42 117 DBSS 93y $1,050,000 $834
Oct 2017 Blk 50 C'wealth Dr
Queenstown
5-room 40–42 117 Improved 96y $1,035,000 $822
Oct 2017 Blk 23 Ghim Moh Link
Queenstown
5-room 40–42 113 Improved 94y $988,888 $813
Oct 2017 Blk 273A Bishan St 24
Bishan
5-room 22–24 120 DBSS 92y $985,000 $763
Oct 2017 Blk 149 Mei Ling St
Queenstown
Executive 07–09 146 Maisonette 76y $958,000 $610
Oct 2017 Blk 1D Cantonment Rd
Central Area
5-room 28–30 105 Type S2 92y $940,000 $832
Oct 2017 Blk 99A Lor 2 Toa Payoh
Toa Payoh
Executive 16–18 142 Apartment 74y $935,000 $612
Oct 2017 Blk 1B Cantonment Rd
Central Area
5-room 07–09 107 Type S2 92y $928,000 $806
Oct 2017 Blk 30 Holland Cl
Queenstown
5-room 10–12 125 Improved 78y $920,000 $684
Oct 2017 Blk 145 Lor 2 Toa Payoh
Toa Payoh
5-room 37–39 110 Improved 87y $920,000 $777

New town records

BlockTypePricePrevious record
Blk 50 C'wealth Dr
Queenstown
5-room$1,035,000$1,030,000
Blk 267A Punggol Field
Punggol
5-room$860,000$835,000
Blk 139B Lor 1a Toa Payoh
Toa Payoh
4-room$821,000$820,000
Blk 62 Dakota Cres
Geylang
4-room$760,000$758,000
Blk 116 Lengkong Tiga
Bedok
4-room$725,000$705,000

From HDB's resale transactions on data.gov.sg as at Oct 2026. Sales are counted in the month their resale was registered; a few more for Oct 2017 can still be added.