HDB resale market report: May 2018
1,740 HDB resale flats were sold in May 2018, 5% fewer than in Apr 2018 and 12% fewer than a year earlier. The median 4-room flat sold for $400k ($391 per sq ft), 0.8% down on a year before per square foot. 1 flat sold for $1 million or more (6 a year earlier). 4 new town records were set.
1,740
flats sold · ▼ 5% on Apr
$412k
median price, all flats
1
sold for $1M+
4
new town records
Prices by flat type
| Flat type | Sales | Median | $psf | $psf vs Apr | $psf vs a year before |
|---|---|---|---|---|---|
| 3-room | 386 | $294k | $402 | ▲ 0.5% | ▼ 2.4% |
| 4-room | 695 | $400k | $391 | ▲ 0.5% | ▼ 0.8% |
| 5-room | 462 | $480k | $375 | ▼ 1.8% | ▼ 1.8% |
| Executive | 172 | $628k | $406 | ▲ 3.0% | ▲ 5.2% |
Medians of the month's sales. A month's mix of flats moves medians too, so small changes are noise.
Towns rising fastest
- Toa Payoh ▲ 6.7% $488 psf
- Jurong East ▲ 3.7% $396 psf
- Pasir Ris ▲ 2.5% $362 psf
- Geylang ▲ 2.2% $454 psf
- Queenstown ▲ 2.1% $640 psf
Towns rising slowest
- Serangoon ▼ 6.5% $415 psf
- Kallang/Whampoa ▼ 5.3% $483 psf
- Ang Mo Kio ▼ 4.9% $413 psf
- Sembawang ▼ 4.5% $327 psf
- Woodlands ▼ 3.8% $322 psf
Median $psf over the 3 months to May 2018 against the same 3 months a year before, towns with at least 60 sales in both.
Busiest towns
Tampines 153 · Sengkang 145 · Punggol 139 · Woodlands 124 · Jurong West 116
Top 10 sales
| Month | Block | Type | Storey | sqm | Model | Lease left | Price | $psf |
|---|---|---|---|---|---|---|---|---|
| May 2018 | Blk 1E Cantonment Rd Central Area |
5-room | 34–36 | 108 | Type S2 | 92y | $1,080,000 | $929 |
| May 2018 | Blk 62 Dakota Cres Geylang |
5-room | 07–09 | 139 | Model A-Maisonette | 65y | $998,000 | $667 |
| May 2018 | Blk 1G Cantonment Rd Central Area |
5-room | 19–21 | 107 | Type S2 | 92y | $986,000 | $856 |
| May 2018 | Blk 2C Boon Tiong Rd Bukit Merah |
5-room | 28–30 | 115 | Improved | 82y | $985,000 | $796 |
| May 2018 | Blk 22 Ghim Moh Link Queenstown |
5-room | 34–36 | 113 | Improved | 94y | $975,000 | $802 |
| May 2018 | Blk 1D Cantonment Rd Central Area |
4-room | 46–48 | 93 | Type S1 | 92y | $973,000 | $972 |
| May 2018 | Blk 44 Jln Bahagia Kallang/Whampoa |
3-room | 01–03 | 185 | Terrace | 53y | $968,000 | $486 |
| May 2018 | Blk 139A Lor 1a Toa Payoh Toa Payoh |
5-room | 34–36 | 114 | DBSS | 93y | $966,000 | $787 |
| May 2018 | Blk 139A Lor 1a Toa Payoh Toa Payoh |
5-room | 31–33 | 114 | DBSS | 93y | $960,000 | $782 |
| May 2018 | Blk 139B Lor 1a Toa Payoh Toa Payoh |
5-room | 31–33 | 114 | DBSS | 93y | $960,000 | $782 |
New town records
| Block | Type | Price | Previous record |
|---|---|---|---|
| Blk 62 Dakota Cres Geylang | 5-room | $998,000 | $970,000 |
| Blk 462 Hougang Ave 10 Hougang | 5-room | $780,000 | $778,000 |
| Blk 167B Simei Lane Tampines | 4-room | $645,000 | $620,000 |
| Blk 27 Ghim Moh Link Queenstown | 2-room | $380,000 | $368,000 |
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 May 2018 can still be added.