HDB resale market report: Dec 2017
1,585 HDB resale flats were sold in Dec 2017, 20% fewer than in Nov 2017 and 15% more than a year earlier. The median 4-room flat sold for $405k ($393 per sq ft), 1.5% down on a year before per square foot. 4 flats sold for $1 million or more (1 a year earlier). 6 new town records were set.
Prices by flat type
| Flat type | Sales | Median | $psf | $psf vs Nov | $psf vs a year before |
|---|---|---|---|---|---|
| 3-room | 359 | $292k | $404 | ▲ 0.5% | ▼ 4.0% |
| 4-room | 643 | $405k | $393 | ▼ 1.3% | ▼ 1.5% |
| 5-room | 425 | $475k | $377 | ▼ 0.8% | ▲ 2.7% |
| Executive | 142 | $604k | $395 | ▲ 1.0% | ▲ 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
- Bukit Merah ▲ 8.9% $601 psf
- Toa Payoh ▲ 7.8% $485 psf
- Bukit Panjang ▲ 4.8% $368 psf
- Pasir Ris ▲ 1.3% $357 psf
- Tampines ▲ 1.0% $407 psf
Towns rising slowest
- Ang Mo Kio ▼ 6.2% $416 psf
- Jurong West ▼ 5.4% $354 psf
- Yishun ▼ 4.2% $354 psf
- Sembawang ▼ 3.7% $337 psf
- Woodlands ▼ 3.4% $326 psf
Median $psf over the 3 months to Dec 2017 against the same 3 months a year before, towns with at least 60 sales in both.
Busiest towns
Sengkang 131 · Punggol 126 · Jurong West 119 · Tampines 108 · Woodlands 103
Top 10 sales
| Month | Block | Type | Storey | sqm | Model | Lease left | Price | $psf |
|---|---|---|---|---|---|---|---|---|
| Dec 2017 | Blk 65 Jln Ma'mor Kallang/Whampoa |
3-room | 01–03 | 249 | Terrace | 53y | $1,053,888 | $393 |
| Dec 2017 | Blk 275A Bishan St 24 Bishan |
5-room | 37–39 | 120 | DBSS | 92y | $1,030,000 | $797 |
| Dec 2017 | Blk 317 Serangoon Ave 2 Serangoon |
Executive | 10–12 | 165 | Apartment | 66y | $1,000,000 | $563 |
| Dec 2017 | Blk 139B Lor 1a Toa Payoh Toa Payoh |
5-room | 40–42 | 114 | DBSS | 93y | $1,000,000 | $815 |
| Dec 2017 | Blk 273B Bishan St 24 Bishan |
5-room | 28–30 | 120 | DBSS | 92y | $990,000 | $766 |
| Dec 2017 | Blk 11 Holland Dr Queenstown |
5-room | 22–24 | 147 | Adjoined Flat | 56y | $988,000 | $624 |
| Dec 2017 | Blk 275A Bishan St 24 Bishan |
5-room | 13–15 | 120 | DBSS | 92y | $978,000 | $757 |
| Dec 2017 | Blk 101A Lor 2 Toa Payoh Toa Payoh |
Executive | 16–18 | 145 | Apartment | 74y | $958,888 | $614 |
| Dec 2017 | Blk 846 Sims Ave Geylang |
Executive | 07–09 | 142 | Apartment | 66y | $955,000 | $625 |
| Dec 2017 | Blk 273A Bishan St 24 Bishan |
5-room | 10–12 | 120 | DBSS | 92y | $955,000 | $739 |
New town records
| Block | Type | Price | Previous record |
|---|---|---|---|
| Blk 317 Serangoon Ave 2 Serangoon | Executive | $1,000,000 | $971,888 |
| Blk 846 Sims Ave Geylang | Executive | $955,000 | $943,999 |
| Blk 515B Tampines Ctrl 7 Tampines | 5-room | $800,000 | $770,000 |
| Blk 201 Jurong East St 21 Jurong East | 5-room | $755,000 | $750,000 |
| Blk 423 Clementi Ave 1 Clementi | 2-room | $340,000 | $275,000 |
| Blk 372 Jurong East St 32 Jurong East | 2-room | $260,000 | $240,000 |
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 Dec 2017 can still be added.