HDB resale market report: Dec 2019
1,848 HDB resale flats were sold in Dec 2019, 3% fewer than in Nov 2019 and 30% more than a year earlier. The median 4-room flat sold for $405k ($396 per sq ft), 2.9% up on a year before per square foot. 2 flats sold for $1 million or more (4 a year earlier). 2 new town records were set.
1,848
flats sold · ▼ 3% on Nov
$405k
median price, all flats
2
sold for $1M+
2
new town records
Prices by flat type
| Flat type | Sales | Median | $psf | $psf vs Nov | $psf vs a year before |
|---|---|---|---|---|---|
| 3-room | 475 | $285k | $382 | ▼ 1.5% | ▼ 3.0% |
| 4-room | 765 | $405k | $396 | ▲ 0.8% | ▲ 2.9% |
| 5-room | 431 | $485k | $382 | ▲ 0.3% | ▲ 1.1% |
| Executive | 143 | $590k | $392 | ▼ 0.5% | ▲ 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 Panjang ▲ 12.7% $408 psf
- Sengkang ▲ 8.3% $428 psf
- Pasir Ris ▲ 6.1% $382 psf
- Sembawang ▲ 5.5% $346 psf
- Yishun ▲ 4.7% $361 psf
Towns rising slowest
- Clementi ▼ 7.6% $429 psf
- Geylang ▼ 7.3% $409 psf
- Bukit Merah ▼ 7.1% $515 psf
- Jurong East ▼ 5.6% $369 psf
- Queenstown ▼ 5.2% $572 psf
Median $psf over the 3 months to Dec 2019 against the same 3 months a year before, towns with at least 60 sales in both.
Busiest towns
Yishun 183 · Sengkang 139 · Woodlands 134 · Jurong West 130 · Tampines 122
Top 10 sales
| Month | Block | Type | Storey | sqm | Model | Lease left | Price | $psf |
|---|---|---|---|---|---|---|---|---|
| Dec 2019 | Blk 1F Cantonment Rd Central Area |
4-room | 46–48 | 95 | Type S1 | 90y | $1,056,800 | $1,033 |
| Dec 2019 | Blk 444 Sin Ming Ave Bishan |
Executive | 22–24 | 160 | Maisonette | 69y | $1,010,000 | $586 |
| Dec 2019 | Blk 9B Boon Tiong Rd Bukit Merah |
5-room | 07–09 | 112 | Improved | 95y | $999,000 | $829 |
| Dec 2019 | Blk 2 Toh Yi Dr Bukit Timah |
Executive | 07–09 | 146 | Maisonette | 67y | $995,000 | $633 |
| Dec 2019 | Blk 275A Bishan St 24 Bishan |
4-room | 40–42 | 95 | DBSS | 90y | $980,000 | $958 |
| Dec 2019 | Blk 1G Cantonment Rd Central Area |
4-room | 22–24 | 97 | Type S1 | 90y | $970,088 | $929 |
| Dec 2019 | Blk 139 Potong Pasir Ave 3 Toa Payoh |
5-room | 10–12 | 158 | Model A-Maisonette | 63y | $970,000 | $570 |
| Dec 2019 | Blk 6 Toh Yi Dr Bukit Timah |
Executive | 04–06 | 146 | Maisonette | 68y | $968,000 | $616 |
| Dec 2019 | Blk 139B Lor 1a Toa Payoh Toa Payoh |
5-room | 19–21 | 114 | DBSS | 91y | $960,000 | $782 |
| Dec 2019 | Blk 10B Boon Tiong Rd Bukit Merah |
4-room | 19–21 | 87 | Model A | 95y | $960,000 | $1,025 |
New town records
| Block | Type | Price | Previous record |
|---|---|---|---|
| Blk 275A Bishan St 24 Bishan | 4-room | $980,000 | $900,000 |
| Blk 138B Yuan Ching Rd Jurong West | 4-room | $673,000 | $585,000 |
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 Dec 2019 can still be added.