HDB resale market report: Sep 2018
1,985 HDB resale flats were sold in Sep 2018, 4% fewer than in Aug 2018 and 18% more than a year earlier. The median 4-room flat sold for $400k ($391 per sq ft), 1.5% down on a year before per square foot. 7 flats sold for $1 million or more (3 a year earlier). 6 new town records were set.
1,985
flats sold · ▼ 4% on Aug
$400k
median price, all flats
7
sold for $1M+
6
new town records
Prices by flat type
| Flat type | Sales | Median | $psf | $psf vs Aug | $psf vs a year before |
|---|---|---|---|---|---|
| 3-room | 490 | $285k | $394 | ▼ 0.5% | ▼ 3.9% |
| 4-room | 798 | $400k | $391 | ▲ 0.0% | ▼ 1.5% |
| 5-room | 499 | $460k | $364 | ▼ 3.7% | ▼ 3.2% |
| Executive | 173 | $618k | $400 | ▼ 1.0% | ▲ 0.5% |
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 ▲ 5.6% $577 psf
- Punggol ▲ 4.5% $436 psf
- Toa Payoh ▲ 2.4% $483 psf
- Queenstown ▲ 2.1% $610 psf
- Pasir Ris ▲ 2.0% $365 psf
Towns rising slowest
- Kallang/Whampoa ▼ 7.9% $465 psf
- Jurong West ▼ 7.0% $341 psf
- Ang Mo Kio ▼ 6.9% $402 psf
- Clementi ▼ 5.0% $458 psf
- Bukit Batok ▼ 4.8% $359 psf
Median $psf over the 3 months to Sep 2018 against the same 3 months a year before, towns with at least 60 sales in both.
Busiest towns
Woodlands 164 · Jurong West 151 · Sengkang 146 · Punggol 140 · Tampines 115
Top 10 sales
| Month | Block | Type | Storey | sqm | Model | Lease left | Price | $psf |
|---|---|---|---|---|---|---|---|---|
| Sep 2018 | Blk 41 Jln Bahagia Kallang/Whampoa |
3-room | 01–03 | 237 | Terrace | 52y | $1,185,000 | $465 |
| Sep 2018 | Blk 1A Cantonment Rd Central Area |
5-room | 40–42 | 107 | Type S2 | 91y | $1,100,000 | $955 |
| Sep 2018 | Blk 148 Mei Ling St Queenstown |
Executive | 13–15 | 149 | Apartment | 75y | $1,095,000 | $683 |
| Sep 2018 | Blk 273B Bishan St 24 Bishan |
5-room | 28–30 | 120 | DBSS | 91y | $1,080,000 | $836 |
| Sep 2018 | Blk 7 Boon Keng Rd Kallang/Whampoa |
5-room | 37–39 | 109 | DBSS | 91y | $1,028,000 | $876 |
| Sep 2018 | Blk 10A Boon Tiong Rd Bukit Merah |
4-room | 34–36 | 93 | Model A | 96y | $1,018,000 | $1,017 |
| Sep 2018 | Blk 275A Bishan St 24 Bishan |
5-room | 22–24 | 120 | DBSS | 91y | $1,000,000 | $774 |
| Sep 2018 | Blk 28 Ghim Moh Link Queenstown |
5-room | 37–39 | 113 | Improved | 93y | $991,000 | $815 |
| Sep 2018 | Blk 273B Bishan St 24 Bishan |
5-room | 16–18 | 120 | DBSS | 91y | $990,000 | $766 |
| Sep 2018 | Blk 8 Toh Yi Dr Bukit Timah |
Executive | 01–03 | 145 | Maisonette | 69y | $985,000 | $631 |
New town records
| Block | Type | Price | Previous record |
|---|---|---|---|
| Blk 41 Jln Bahagia Kallang/Whampoa | 3-room | $1,185,000 | $1,150,000 |
| Blk 10A Boon Tiong Rd Bukit Merah | 4-room | $1,018,000 | $880,000 |
| Blk 666 Yishun Ave 4 Yishun | Multi-gen | $825,000 | $778,000 |
| Blk 347A Yishun Ave 11 Yishun | 5-room | $695,000 | $615,000 |
| Blk 418 Clementi Ave 1 Clementi | 2-room | $380,000 | $377,000 |
| Blk 463B Sembawang Dr Sembawang | 3-room | $283,000 | $132,000 |
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 Sep 2018 can still be added.