HDB resale market report: Jan 2020
1,911 HDB resale flats were sold in Jan 2020, 3% more than in Dec 2019 and 23% more than a year earlier. The median 4-room flat sold for $395k ($392 per sq ft), 2.1% up on a year before per square foot. 4 flats sold for $1 million or more (6 a year earlier). 10 new town records were set.
1,911
flats sold · ▲ 3% on Dec
$400k
median price, all flats
4
sold for $1M+
10
new town records
Prices by flat type
| Flat type | Sales | Median | $psf | $psf vs Dec | $psf vs a year before |
|---|---|---|---|---|---|
| 3-room | 453 | $290k | $392 | ▲ 2.6% | ▲ 1.0% |
| 4-room | 824 | $395k | $392 | ▼ 1.0% | ▲ 2.1% |
| 5-room | 469 | $493k | $383 | ▲ 0.3% | ▲ 3.2% |
| Executive | 131 | $590k | $384 | ▼ 2.0% | ▼ 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 ▲ 13.8% $411 psf
- Bukit Merah ▲ 9.9% $614 psf
- Sengkang ▲ 6.3% $424 psf
- Pasir Ris ▲ 6.0% $383 psf
- Punggol ▲ 5.7% $467 psf
Towns rising slowest
- Geylang ▼ 9.0% $409 psf
- Jurong East ▼ 8.5% $363 psf
- Toa Payoh ▼ 7.5% $403 psf
- Queenstown ▼ 6.8% $565 psf
- Ang Mo Kio ▼ 4.9% $379 psf
Median $psf over the 3 months to Jan 2020 against the same 3 months a year before, towns with at least 60 sales in both.
Busiest towns
Yishun 180 · Sengkang 175 · Jurong West 138 · Woodlands 131 · Tampines 127
Top 10 sales
| Month | Block | Type | Storey | sqm | Model | Lease left | Price | $psf |
|---|---|---|---|---|---|---|---|---|
| Jan 2020 | Blk 99B Lor 2 Toa Payoh Toa Payoh |
Executive | 13–15 | 144 | Apartment | 72y | $1,025,000 | $661 |
| Jan 2020 | Blk 138C Lor 1a Toa Payoh Toa Payoh |
5-room | 31–33 | 114 | DBSS | 91y | $1,008,888 | $822 |
| Jan 2020 | Blk 10A Boon Tiong Rd Bukit Merah |
4-room | 16–18 | 93 | Model A | 95y | $1,008,000 | $1,007 |
| Jan 2020 | Blk 441A Clementi Ave 3 Clementi |
5-room | 10–12 | 116 | Improved | 91y | $1,000,000 | $801 |
| Jan 2020 | Blk 9A Boon Tiong Rd Bukit Merah |
5-room | 04–06 | 112 | Improved | 95y | $980,000 | $813 |
| Jan 2020 | Blk 28D Dover Cres Queenstown |
5-room | 31–33 | 124 | Improved | 91y | $975,000 | $730 |
| Jan 2020 | Blk 13 Cantonment Cl Bukit Merah |
5-room | 13–15 | 110 | Improved | 82y | $970,000 | $819 |
| Jan 2020 | Blk 10A Boon Tiong Rd Bukit Merah |
4-room | 31–33 | 92 | Model A | 95y | $968,000 | $978 |
| Jan 2020 | Blk 1B Cantonment Rd Central Area |
4-room | 19–21 | 95 | Type S1 | 90y | $958,000 | $937 |
| Jan 2020 | Blk 187 Bishan St 13 Bishan |
Executive | 04–06 | 146 | Maisonette | 66y | $940,000 | $598 |
New town records
| Block | Type | Price | Previous record |
|---|---|---|---|
| Blk 99B Lor 2 Toa Payoh Toa Payoh | Executive | $1,025,000 | $980,000 |
| Blk 475C Upp Serangoon Cres Hougang | 5-room | $830,000 | $816,800 |
| Blk 138D Yuan Ching Rd Jurong West | 5-room | $720,000 | $678,000 |
| Blk 475A Upp Serangoon Cres Hougang | 4-room | $700,000 | $600,000 |
| Blk 306D Punggol Dr Punggol | 4-room | $605,000 | $590,000 |
| Blk 475A Upp Serangoon Cres Hougang | 3-room | $470,000 | $465,000 |
| Blk 348A Yishun Ave 11 Yishun | 3-room | $448,000 | $445,000 |
| Blk 527B Pasir Ris St 51 Pasir Ris | 3-room | $404,000 | $400,000 |
| Blk 528A Pasir Ris St 51 Pasir Ris | 2-room | $280,000 | $263,000 |
| Blk 371 Jurong East St 32 Jurong East | 2-room | $268,000 | $265,000 |
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 2020 can still be added.