Flat Prices

HDB resale market report: Jan 2019

1,550 HDB resale flats were sold in Jan 2019, 9% more than in Dec 2018 and 45% more than a year earlier. The median 4-room flat sold for $395k ($384 per sq ft), 3.5% down on a year before per square foot. 6 flats sold for $1 million or more (1 a year earlier). 8 new town records were set.

1,550
flats sold · ▲ 9% on Dec
$395k
median price, all flats
6
sold for $1M+
8
new town records

Prices by flat type

Flat typeSalesMedian$psf$psf vs Dec$psf vs a year before
3-room393$285k$388▼ 1.5%▼ 3.7%
4-room650$395k$384▼ 0.3%▼ 3.5%
5-room366$470k$371▼ 1.9%▼ 1.3%
Executive122$600k$386▼ 1.0%▼ 3.5%

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

Towns rising fastest

  1. Sengkang ▲ 2.9% $399 psf
  2. Queenstown ▲ 1.9% $606 psf
  3. Punggol ▲ 1.5% $442 psf
  4. Pasir Ris ▲ 1.3% $362 psf
  5. Hougang ▲ 1.1% $380 psf

Towns rising slowest

  1. Toa Payoh ▼ 10.6% $436 psf
  2. Bukit Batok ▼ 7.2% $348 psf
  3. Bukit Merah ▼ 7.0% $559 psf
  4. Serangoon ▼ 6.8% $413 psf
  5. Bedok ▼ 4.8% $399 psf

Median $psf over the 3 months to Jan 2019 against the same 3 months a year before, towns with at least 60 sales in both.

Busiest towns

Woodlands 146 · Yishun 117 · Sengkang 117 · Jurong West 113 · Punggol 90

Top 10 sales

MonthBlockTypeStoreysqmModelLease leftPrice$psf
Jan 2019 Blk 9 Boon Keng Rd
Kallang/Whampoa
5-room 37–39 117 DBSS 91y $1,185,000 $941
Jan 2019 Blk 139B Lor 1a Toa Payoh
Toa Payoh
5-room 40–42 117 DBSS 92y $1,150,000 $913
Jan 2019 Blk 1A Cantonment Rd
Central Area
5-room 46–48 107 Type S2 91y $1,148,000 $997
Jan 2019 Blk 18D Holland Dr
Queenstown
5-room 25–27 117 Improved 92y $1,100,000 $873
Jan 2019 Blk 1A Cantonment Rd
Central Area
5-room 16–18 107 Type S2 91y $1,050,000 $912
Jan 2019 Blk 1B Cantonment Rd
Central Area
5-room 13–15 105 Type S2 91y $1,000,000 $885
Jan 2019 Blk 9B Boon Tiong Rd
Bukit Merah
5-room 28–30 112 Improved 96y $970,000 $805
Jan 2019 Blk 46 Bendemeer Rd
Kallang/Whampoa
Executive 16–18 146 Apartment 74y $955,000 $608
Jan 2019 Blk 187 Bishan St 13
Bishan
Executive 10–12 146 Maisonette 67y $950,000 $605
Jan 2019 Blk 2 Toh Yi Dr
Bukit Timah
Executive 13–15 150 Maisonette 68y $940,000 $582

New town records

BlockTypePricePrevious record
Blk 9 Boon Keng Rd
Kallang/Whampoa
5-room$1,185,000$1,150,000
Blk 46 Bendemeer Rd
Kallang/Whampoa
Executive$955,000$950,000
Blk 269A Punggol Field
Punggol
5-room$910,888$870,000
Blk 348D Yishun Ave 11
Yishun
5-room$758,000$720,000
Blk 219C Bedok Ctrl
Bedok
4-room$750,000$740,000
Blk 348C Yishun Ave 11
Yishun
4-room$610,000$609,888
Blk 348A Yishun Ave 11
Yishun
3-room$445,000$435,000
Blk 515A Tampines Ctrl 7
Tampines
2-room$300,000$281,000

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 Jan 2019 can still be added.