Flat Prices

HDB resale market report: Mar 2019

1,653 HDB resale flats were sold in Mar 2019, 27% more than in Feb 2019 and 12% fewer than a year earlier. The median 4-room flat sold for $400k ($392 per sq ft), 2.7% down on a year before per square foot. 7 flats sold for $1 million or more (8 a year earlier). 2 new town records were set.

1,653
flats sold · ▲ 27% on Feb
$400k
median price, all flats
7
sold for $1M+
2
new town records

Prices by flat type

Flat typeSalesMedian$psf$psf vs Feb$psf vs a year before
3-room406$280k$385▼ 0.5%▼ 4.2%
4-room701$400k$392▲ 1.8%▼ 2.7%
5-room401$488k$380▲ 0.0%▲ 0.5%
Executive111$601k$392▲ 1.0%▲ 2.1%

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 ▲ 7.5% $410 psf
  2. Punggol ▲ 5.1% $454 psf
  3. Queenstown ▲ 3.2% $634 psf
  4. Bukit Panjang ▲ 2.8% $382 psf
  5. Sembawang ▲ 2.6% $336 psf

Towns rising slowest

  1. Toa Payoh ▼ 8.8% $437 psf
  2. Bedok ▼ 6.5% $393 psf
  3. Geylang ▼ 6.4% $442 psf
  4. Bukit Batok ▼ 6.3% $351 psf
  5. Clementi ▼ 6.0% $448 psf

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

Busiest towns

Woodlands 139 · Yishun 117 · Sengkang 113 · Jurong West 112 · Bukit Merah 93

Top 10 sales

MonthBlockTypeStoreysqmModelLease leftPrice$psf
Mar 2019 Blk 173 Bishan St 13
Bishan
Executive 19–21 163 Maisonette 67y $1,145,000 $653
Mar 2019 Blk 1B Cantonment Rd
Central Area
5-room 34–36 107 Type S2 91y $1,133,000 $984
Mar 2019 Blk 8 Boon Keng Rd
Kallang/Whampoa
5-room 34–36 119 DBSS 91y $1,110,000 $867
Mar 2019 Blk 139B Lor 1a Toa Payoh
Toa Payoh
5-room 37–39 117 DBSS 92y $1,068,000 $848
Mar 2019 Blk 2 Toh Yi Dr
Bukit Timah
Executive 13–15 150 Maisonette 68y $1,038,000 $643
Mar 2019 Blk 1E Cantonment Rd
Central Area
5-room 10–12 106 Type S2 91y $1,020,000 $894
Mar 2019 Blk 8 Boon Keng Rd
Kallang/Whampoa
5-room 34–36 109 DBSS 91y $1,010,000 $861
Mar 2019 Blk 275A Bishan St 24
Bishan
5-room 13–15 120 DBSS 91y $996,000 $771
Mar 2019 Blk 1B Cantonment Rd
Central Area
4-room 16–18 95 Type S1 91y $978,000 $956
Mar 2019 Blk 62A Strathmore Ave
Queenstown
5-room 22–24 117 Improved 91y $938,888 $746

New town records

BlockTypePricePrevious record
Blk 173 Bishan St 13
Bishan
Executive$1,145,000$1,138,000
Blk 138A Lor 1a Toa Payoh
Toa Payoh
4-room$899,000$888,000

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 Mar 2019 can still be added.