HDB resale market report: May 2019
2,070 HDB resale flats were sold in May 2019, 8% more than in Apr 2019 and 19% more than a year earlier. The median 4-room flat sold for $395k ($385 per sq ft), 1.5% down on a year before per square foot. 8 flats sold for $1 million or more (1 a year earlier). 5 new town records were set.
2,070
flats sold · ▲ 8% on Apr
$400k
median price, all flats
8
sold for $1M+
5
new town records
Prices by flat type
| Flat type | Sales | Median | $psf | $psf vs Apr | $psf vs a year before |
|---|---|---|---|---|---|
| 3-room | 494 | $280k | $388 | ▲ 1.0% | ▼ 3.5% |
| 4-room | 865 | $395k | $385 | ▲ 0.0% | ▼ 1.5% |
| 5-room | 506 | $475k | $380 | ▼ 1.6% | ▲ 1.3% |
| Executive | 168 | $594k | $382 | ▼ 0.3% | ▼ 5.9% |
Medians of the month's sales. A month's mix of flats moves medians too, so small changes are noise.
Towns rising fastest
- Punggol ▲ 7.0% $458 psf
- Bukit Panjang ▲ 6.8% $394 psf
- Sengkang ▲ 4.8% $407 psf
- Sembawang ▲ 3.7% $339 psf
- Serangoon ▲ 2.9% $427 psf
Towns rising slowest
- Toa Payoh ▼ 13.8% $421 psf
- Bukit Merah ▼ 8.1% $536 psf
- Ang Mo Kio ▼ 7.4% $383 psf
- Clementi ▼ 7.4% $437 psf
- Queenstown ▼ 6.7% $597 psf
Median $psf over the 3 months to May 2019 against the same 3 months a year before, towns with at least 60 sales in both.
Busiest towns
Sengkang 180 · Jurong West 172 · Woodlands 171 · Yishun 146 · Tampines 122
Top 10 sales
| Month | Block | Type | Storey | sqm | Model | Lease left | Price | $psf |
|---|---|---|---|---|---|---|---|---|
| May 2019 | Blk 18C Holland Dr Queenstown |
5-room | 37–39 | 117 | Improved | 92y | $1,170,000 | $929 |
| May 2019 | Blk 275A Bishan St 24 Bishan |
5-room | 28–30 | 120 | DBSS | 91y | $1,080,000 | $836 |
| May 2019 | Blk 53 Havelock Rd Bukit Merah |
5-room | 22–24 | 115 | Improved | 93y | $1,068,000 | $863 |
| May 2019 | Blk 23 Ghim Moh Link Queenstown |
5-room | 40–42 | 113 | Improved | 93y | $1,042,888 | $857 |
| May 2019 | Blk 1B Cantonment Rd Central Area |
4-room | 43–45 | 93 | Type S1 | 91y | $1,030,000 | $1,029 |
| May 2019 | Blk 56 Havelock Rd Bukit Merah |
5-room | 22–24 | 115 | Improved | 93y | $1,003,888 | $811 |
| May 2019 | Blk 6 Toh Yi Dr Bukit Timah |
Executive | 07–09 | 146 | Maisonette | 69y | $1,000,000 | $636 |
| May 2019 | Blk 1C Cantonment Rd Central Area |
4-room | 22–24 | 95 | Type S1 | 91y | $1,000,000 | $978 |
| May 2019 | Blk 28D Dover Cres Queenstown |
5-room | 34–36 | 124 | Improved | 92y | $988,000 | $740 |
| May 2019 | Blk 28A Dover Cres Queenstown |
5-room | 25–27 | 124 | Improved | 92y | $975,000 | $730 |
New town records
| Block | Type | Price | Previous record |
|---|---|---|---|
| Blk 18C Holland Dr Queenstown | 5-room | $1,170,000 | $1,100,000 |
| Blk 1B Cantonment Rd Central Area | 4-room | $1,030,000 | $1,028,000 |
| Blk 282C Sengkang East Ave Sengkang | 5-room | $690,000 | $680,000 |
| Blk 517A Jurong West St 52 Jurong West | 5-room | $678,000 | $660,000 |
| Blk 27 Ghim Moh Link Queenstown | 2-room | $385,000 | $380,000 |
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 May 2019 can still be added.