Flat Prices

HDB resale market report: Mar 2018

1,881 HDB resale flats were sold in Mar 2018, 59% more than in Feb 2018 and 1% fewer than a year earlier. The median 4-room flat sold for $410k ($403 per sq ft), 1.2% down on a year before per square foot. 8 flats sold for $1 million or more (4 a year earlier). 7 new town records were set.

1,881
flats sold · ▲ 59% on Feb
$418k
median price, all flats
8
sold for $1M+
7
new town records

Prices by flat type

Flat typeSalesMedian$psf$psf vs Feb$psf vs a year before
3-room407$295k$402▲ 0.8%▼ 3.4%
4-room763$410k$403▲ 4.1%▼ 1.2%
5-room497$485k$378▼ 2.3%▲ 1.6%
Executive191$585k$384▼ 3.0%▼ 2.5%

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

Towns rising fastest

  1. Queenstown ▲ 6.9% $614 psf
  2. Bukit Panjang ▲ 5.5% $372 psf
  3. Geylang ▲ 4.7% $473 psf
  4. Jurong East ▲ 3.3% $402 psf
  5. Toa Payoh ▲ 3.1% $479 psf

Towns rising slowest

  1. Ang Mo Kio ▼ 6.1% $408 psf
  2. Jurong West ▼ 6.0% $349 psf
  3. Sembawang ▼ 5.6% $327 psf
  4. Kallang/Whampoa ▼ 4.9% $483 psf
  5. Woodlands ▼ 3.6% $325 psf

Median $psf over the 3 months to Mar 2018 against the same 3 months a year before, towns with at least 60 sales in both.

Busiest towns

Jurong West 152 · Punggol 152 · Sengkang 139 · Woodlands 124 · Tampines 105

Top 10 sales

MonthBlockTypeStoreysqmModelLease leftPrice$psf
Mar 2018 Blk 7 Boon Keng Rd
Kallang/Whampoa
5-room 40–42 117 DBSS 92y $1,150,000 $913
Mar 2018 Blk 1B Cantonment Rd
Central Area
5-room 37–39 107 Type S2 92y $1,145,000 $994
Mar 2018 Blk 1A Cantonment Rd
Central Area
5-room 34–36 106 Type S2 92y $1,100,000 $964
Mar 2018 Blk 1E Cantonment Rd
Central Area
5-room 28–30 105 Type S2 92y $1,100,000 $973
Mar 2018 Blk 139B Lor 1a Toa Payoh
Toa Payoh
5-room 40–42 117 DBSS 93y $1,040,000 $826
Mar 2018 Blk 50 C'wealth Dr
Queenstown
5-room 19–21 117 Improved 96y $1,038,288 $824
Mar 2018 Blk 1A Cantonment Rd
Central Area
5-room 34–36 105 Type S2 92y $1,028,000 $910
Mar 2018 Blk 451 Sin Ming Ave
Bishan
Executive 10–12 182 Maisonette 71y $1,018,000 $520
Mar 2018 Blk 147 Mei Ling St
Queenstown
Executive 01–03 146 Maisonette 76y $986,000 $627
Mar 2018 Blk 273B Bishan St 24
Bishan
5-room 07–09 120 DBSS 92y $985,000 $763

New town records

BlockTypePricePrevious record
Blk 7 Boon Keng Rd
Kallang/Whampoa
5-room$1,150,000$1,100,000
Blk 1B Cantonment Rd
Central Area
5-room$1,145,000$1,138,000
Blk 50 C'wealth Dr
Queenstown
5-room$1,038,288$1,038,000
Blk 441B Clementi Ave 3
Clementi
4-room$915,000$910,000
Blk 139A Lor 1a Toa Payoh
Toa Payoh
4-room$823,000$821,000
Blk 219B Bedok Ctrl
Bedok
4-room$728,000$725,000
Blk 371 Jurong East St 32
Jurong East
2-room$265,000$260,000

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 Mar 2018 can still be added.