Flat Prices

HDB resale market report: Nov 2017

1,980 HDB resale flats were sold in Nov 2017, 11% more than in Oct 2017 and 25% more than a year earlier. The median 4-room flat sold for $407k ($398 per sq ft), 1.8% up on a year before per square foot. 5 flats sold for $1 million or more (3 a year earlier). 5 new town records were set.

1,980
flats sold · ▲ 11% on Oct
$410k
median price, all flats
5
sold for $1M+
5
new town records

Prices by flat type

Flat typeSalesMedian$psf$psf vs Oct$psf vs a year before
3-room483$298k$402▼ 2.0%▼ 4.1%
4-room825$407k$398▲ 1.5%▲ 1.8%
5-room491$485k$380▲ 0.5%▲ 0.8%
Executive153$605k$391▲ 0.0%▲ 2.1%

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

Towns rising fastest

  1. Bukit Merah ▲ 7.7% $596 psf
  2. Bukit Panjang ▲ 6.9% $375 psf
  3. Serangoon ▲ 6.5% $460 psf
  4. Toa Payoh ▲ 6.4% $487 psf
  5. Geylang ▲ 3.2% $452 psf

Towns rising slowest

  1. Jurong West ▼ 4.8% $357 psf
  2. Ang Mo Kio ▼ 4.4% $421 psf
  3. Bishan ▼ 3.8% $542 psf
  4. Woodlands ▼ 3.8% $327 psf
  5. Yishun ▼ 3.0% $358 psf

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

Busiest towns

Jurong West 165 · Woodlands 160 · Punggol 141 · Tampines 130 · Sengkang 125

Top 10 sales

MonthBlockTypeStoreysqmModelLease leftPrice$psf
Nov 2017 Blk 1E Cantonment Rd
Central Area
5-room 43–45 107 Type S2 92y $1,138,000 $988
Nov 2017 Blk 139A Lor 1a Toa Payoh
Toa Payoh
5-room 40–42 114 DBSS 93y $1,050,000 $856
Nov 2017 Blk 50 C'wealth Dr
Queenstown
5-room 37–39 117 Improved 96y $1,038,000 $824
Nov 2017 Blk 139A Lor 1a Toa Payoh
Toa Payoh
5-room 37–39 117 DBSS 93y $1,033,800 $821
Nov 2017 Blk 273B Bishan St 24
Bishan
5-room 25–27 120 DBSS 92y $1,020,000 $790
Nov 2017 Blk 139A Lor 1a Toa Payoh
Toa Payoh
5-room 37–39 114 DBSS 93y $993,000 $809
Nov 2017 Blk 139B Lor 1a Toa Payoh
Toa Payoh
5-room 37–39 117 DBSS 93y $978,888 $777
Nov 2017 Blk 138A Lor 1a Toa Payoh
Toa Payoh
5-room 40–42 114 DBSS 93y $973,888 $794
Nov 2017 Blk 236A Serangoon Ave 2
Serangoon
Executive 13–15 141 Apartment 79y $970,777 $640
Nov 2017 Blk 6 Toh Yi Dr
Bukit Timah
Executive 04–06 146 Maisonette 70y $950,000 $605

New town records

BlockTypePricePrevious record
Blk 1E Cantonment Rd
Central Area
5-room$1,138,000$1,120,000
Blk 50 C'wealth Dr
Queenstown
5-room$1,038,000$1,035,000
Blk 102 Lengkong Tiga
Bedok
5-room$880,000$840,000
Blk 138A Lor 1a Toa Payoh
Toa Payoh
3-room$630,000$615,000
Blk 23 Teban Gdns Rd
Jurong East
2-room$240,000$230,000

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 Nov 2017 can still be added.