Flat Prices

HDB resale market report: Aug 2018

2,067 HDB resale flats were sold in Aug 2018, 19% fewer than in Jul 2018 and 5% more than a year earlier. The median 4-room flat sold for $400k ($391 per sq ft), 2.2% down on a year before per square foot. 9 flats sold for $1 million or more (3 a year earlier). 8 new town records were set.

2,067
flats sold · ▼ 19% on Jul
$405k
median price, all flats
9
sold for $1M+
8
new town records

Prices by flat type

Flat typeSalesMedian$psf$psf vs Jul$psf vs a year before
3-room492$290k$396▼ 0.5%▼ 3.2%
4-room840$400k$391▼ 0.3%▼ 2.2%
5-room525$480k$378▲ 0.8%▼ 0.5%
Executive172$630k$404▲ 2.5%▲ 2.3%

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 ▲ 6.8% $633 psf
  2. Toa Payoh ▲ 5.9% $496 psf
  3. Bukit Merah ▲ 5.0% $572 psf
  4. Punggol ▲ 4.9% $433 psf
  5. Serangoon ▲ 1.3% $428 psf

Towns rising slowest

  1. Ang Mo Kio ▼ 6.6% $408 psf
  2. Jurong West ▼ 5.1% $345 psf
  3. Clementi ▼ 4.9% $469 psf
  4. Kallang/Whampoa ▼ 4.4% $480 psf
  5. Woodlands ▼ 4.1% $322 psf

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

Busiest towns

Sengkang 177 · Jurong West 162 · Woodlands 152 · Yishun 144 · Punggol 138

Top 10 sales

MonthBlockTypeStoreysqmModelLease leftPrice$psf
Aug 2018 Blk 139A Lor 1a Toa Payoh
Toa Payoh
5-room 40–42 117 DBSS 92y $1,160,888 $922
Aug 2018 Blk 9 Boon Keng Rd
Kallang/Whampoa
5-room 28–30 119 DBSS 91y $1,120,000 $874
Aug 2018 Blk 9A Boon Tiong Rd
Bukit Merah
5-room 31–33 112 Improved 96y $1,120,000 $929
Aug 2018 Blk 1D Cantonment Rd
Central Area
5-room 28–30 107 Type S2 91y $1,080,000 $938
Aug 2018 Blk 10 Toh Yi Dr
Bukit Timah
Executive 04–06 146 Maisonette 69y $1,058,000 $673
Aug 2018 Blk 1E Cantonment Rd
Central Area
5-room 28–30 107 Type S2 91y $1,032,000 $896
Aug 2018 Blk 3 Holland Cl
Queenstown
5-room 25–27 124 Improved 78y $1,020,000 $764
Aug 2018 Blk 273B Bishan St 24
Bishan
5-room 25–27 120 DBSS 91y $1,020,000 $790
Aug 2018 Blk 1B Cantonment Rd
Central Area
5-room 19–21 106 Type S2 91y $1,010,888 $886
Aug 2018 Blk 138C Lor 1a Toa Payoh
Toa Payoh
5-room 25–27 114 DBSS 92y $985,000 $803

New town records

BlockTypePricePrevious record
Blk 139A Lor 1a Toa Payoh
Toa Payoh
5-room$1,160,888$1,120,000
Blk 9A Boon Tiong Rd
Bukit Merah
5-room$1,120,000$1,088,000
Blk 10 Toh Yi Dr
Bukit Timah
Executive$1,058,000$1,038,000
Blk 46 Bendemeer Rd
Kallang/Whampoa
Executive$950,000$918,000
Blk 168B Simei Lane
Tampines
5-room$838,000$800,000
Blk 231 Hougang St 21
Hougang
5-room$816,800$780,000
Blk 62 Dakota Cres
Geylang
4-room$778,000$760,000
Blk 633 Yishun St 61
Yishun
Multi-gen$778,000$770,000

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 Aug 2018 can still be added.