HDB resale market report: Jan 2018
1,072 HDB resale flats were sold in Jan 2018, 32% fewer than in Dec 2017 and 10% fewer than a year earlier. The median 4-room flat sold for $410k ($398 per sq ft), 2.6% up on a year before per square foot. 1 flat sold for $1 million or more (2 a year earlier). 2 new town records were set.
1,072
flats sold · ▼ 32% on Dec
$415k
median price, all flats
1
sold for $1M+
2
new town records
Prices by flat type
| Flat type | Sales | Median | $psf | $psf vs Dec | $psf vs a year before |
|---|---|---|---|---|---|
| 3-room | 261 | $295k | $403 | ▼ 0.2% | ▼ 4.3% |
| 4-room | 427 | $410k | $398 | ▲ 1.3% | ▲ 2.6% |
| 5-room | 264 | $485k | $376 | ▼ 0.3% | ▲ 0.0% |
| Executive | 105 | $628k | $400 | ▲ 1.3% | ▲ 3.4% |
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 ▲ 10.0% $601 psf
- Toa Payoh ▲ 9.5% $487 psf
- Bukit Panjang ▲ 6.5% $372 psf
- Queenstown ▲ 3.1% $595 psf
- Pasir Ris ▲ 1.9% $357 psf
Towns rising slowest
- Ang Mo Kio ▼ 5.5% $415 psf
- Jurong West ▼ 4.7% $354 psf
- Yishun ▼ 3.7% $354 psf
- Sembawang ▼ 3.2% $337 psf
- Woodlands ▼ 3.1% $327 psf
Median $psf over the 3 months to Jan 2018 against the same 3 months a year before, towns with at least 60 sales in both.
Busiest towns
Sengkang 82 · Punggol 82 · Woodlands 73 · Yishun 72 · Jurong West 71
Top 10 sales
| Month | Block | Type | Storey | sqm | Model | Lease left | Price | $psf |
|---|---|---|---|---|---|---|---|---|
| Jan 2018 | Blk 851 Hougang Ctrl Hougang |
Executive | 13–15 | 177 | Maisonette | 78y | $1,000,000 | $525 |
| Jan 2018 | Blk 273B Bishan St 24 Bishan |
5-room | 10–12 | 120 | DBSS | 92y | $985,000 | $763 |
| Jan 2018 | Blk 138C Lor 1a Toa Payoh Toa Payoh |
5-room | 37–39 | 117 | DBSS | 93y | $983,500 | $781 |
| Jan 2018 | Blk 147 Mei Ling St Queenstown |
Executive | 04–06 | 146 | Maisonette | 76y | $968,000 | $616 |
| Jan 2018 | Blk 133 Potong Pasir Ave 1 Toa Payoh |
Executive | 01–03 | 161 | Maisonette | 65y | $960,000 | $554 |
| Jan 2018 | Blk 1D Cantonment Rd Central Area |
5-room | 16–18 | 107 | Type S2 | 92y | $960,000 | $834 |
| Jan 2018 | Blk 23 Ghim Moh Link Queenstown |
5-room | 31–33 | 113 | Improved | 94y | $950,000 | $781 |
| Jan 2018 | Blk 123 Potong Pasir Ave 1 Toa Payoh |
Executive | 01–03 | 161 | Maisonette | 65y | $948,000 | $547 |
| Jan 2018 | Blk 138B Lor 1a Toa Payoh Toa Payoh |
5-room | 28–30 | 117 | DBSS | 93y | $940,000 | $746 |
| Jan 2018 | Blk 1F Cantonment Rd Central Area |
5-room | 10–12 | 106 | Type S2 | 92y | $930,000 | $815 |
New town records
| Block | Type | Price | Previous record |
|---|---|---|---|
| Blk 851 Hougang Ctrl Hougang | Executive | $1,000,000 | $920,000 |
| Blk 639 Choa Chu Kang St 64 Choa Chu Kang | Executive | $900,000 | $888,000 |
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 Jan 2018 can still be added.