Flat Prices

HDB resale market report: Nov 2018

1,866 HDB resale flats were sold in Nov 2018, 6% fewer than in Oct 2018 and 6% fewer than a year earlier. The median 4-room flat sold for $395k ($388 per sq ft), 2.5% down on a year before per square foot. 8 flats sold for $1 million or more (5 a year earlier). 4 new town records were set.

1,866
flats sold · ▼ 6% on Oct
$396k
median price, all flats
8
sold for $1M+
4
new town records

Prices by flat type

Flat typeSalesMedian$psf$psf vs Oct$psf vs a year before
3-room452$288k$391▼ 1.3%▼ 2.7%
4-room794$395k$388▲ 1.3%▼ 2.5%
5-room443$465k$369▼ 1.1%▼ 2.9%
Executive145$620k$395▲ 1.5%▲ 1.0%

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

Towns rising fastest

  1. Punggol ▲ 2.6% $440 psf
  2. Sengkang ▲ 1.7% $397 psf
  3. Hougang ▲ 0.9% $381 psf
  4. Pasir Ris ▲ 0.8% $360 psf
  5. Tampines ▲ 0.5% $407 psf

Towns rising slowest

  1. Toa Payoh ▼ 10.1% $437 psf
  2. Serangoon ▼ 8.6% $420 psf
  3. Bukit Merah ▼ 8.2% $547 psf
  4. Bukit Batok ▼ 6.5% $350 psf
  5. Clementi ▼ 6.4% $461 psf

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

Busiest towns

Woodlands 168 · Sengkang 156 · Jurong West 134 · Tampines 123 · Yishun 121

Top 10 sales

MonthBlockTypeStoreysqmModelLease leftPrice$psf
Nov 2018 Blk 301 Shunfu Rd
Bishan
Executive 07–09 158 Maisonette 65y $1,050,000 $617
Nov 2018 Blk 1G Cantonment Rd
Central Area
4-room 28–30 94 Type S1 91y $1,015,000 $1,003
Nov 2018 Blk 1B Cantonment Rd
Central Area
4-room 34–36 96 Type S1 91y $1,012,888 $980
Nov 2018 Blk 135 Bishan St 12
Bishan
Executive 22–24 150 Maisonette 67y $1,010,000 $626
Nov 2018 Blk 9B Boon Tiong Rd
Bukit Merah
4-room 37–39 92 Model A 96y $1,008,888 $1,019
Nov 2018 Blk 10A Boon Tiong Rd
Bukit Merah
4-room 34–36 93 Model A 96y $1,008,000 $1,007
Nov 2018 Blk 7 Toh Yi Dr
Bukit Timah
Executive 04–06 146 Maisonette 69y $1,000,000 $636
Nov 2018 Blk 3 Holland Cl
Queenstown
5-room 16–18 124 Improved 78y $1,000,000 $749
Nov 2018 Blk 62 Dakota Cres
Geylang
5-room 07–09 139 Model A-Maisonette 64y $980,000 $655
Nov 2018 Blk 301 Shunfu Rd
Bishan
Executive 01–03 158 Maisonette 65y $948,000 $557

New town records

BlockTypePricePrevious record
Blk 305B Punggol Rd
Punggol
5-room$870,000$860,000
Blk 168C Simei Lane
Tampines
4-room$648,000$645,000
Blk 306D Punggol Dr
Punggol
4-room$590,000$581,000
Blk 463A Sembawang Dr
Sembawang
3-room$305,000$283,000

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 Nov 2018 can still be added.