HDB resale market report: Feb 2020
1,661 HDB resale flats were sold in Feb 2020, 13% fewer than in Jan 2020 and 27% more than a year earlier. The median 4-room flat sold for $400k ($393 per sq ft), 2.1% up on a year before per square foot. 4 flats sold for $1 million or more (4 a year earlier). 1 new town record was set.
1,661
flats sold · ▼ 13% on Jan
$408k
median price, all flats
4
sold for $1M+
1
new town records
Prices by flat type
| Flat type | Sales | Median | $psf | $psf vs Jan | $psf vs a year before |
|---|---|---|---|---|---|
| 3-room | 366 | $290k | $389 | ▼ 0.8% | ▲ 0.5% |
| 4-room | 736 | $400k | $393 | ▲ 0.3% | ▲ 2.1% |
| 5-room | 407 | $505k | $393 | ▲ 2.6% | ▲ 3.4% |
| Executive | 113 | $607k | $391 | ▲ 1.8% | ▲ 0.8% |
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 ▲ 13.0% $410 psf
- Bukit Merah ▲ 7.2% $603 psf
- Yishun ▲ 6.2% $365 psf
- Sembawang ▲ 5.4% $348 psf
- Sengkang ▲ 5.4% $423 psf
Towns rising slowest
- Geylang ▼ 9.8% $398 psf
- Jurong East ▼ 8.5% $360 psf
- Queenstown ▼ 5.8% $577 psf
- Bedok ▼ 4.5% $384 psf
- Ang Mo Kio ▼ 4.3% $379 psf
Median $psf over the 3 months to Feb 2020 against the same 3 months a year before, towns with at least 60 sales in both.
Busiest towns
Sengkang 162 · Yishun 135 · Tampines 129 · Jurong West 113 · Woodlands 109
Top 10 sales
| Month | Block | Type | Storey | sqm | Model | Lease left | Price | $psf |
|---|---|---|---|---|---|---|---|---|
| Feb 2020 | Blk 50 C'wealth Dr Queenstown |
5-room | 31–33 | 114 | Improved | 94y | $1,100,000 | $896 |
| Feb 2020 | Blk 7 Boon Keng Rd Kallang/Whampoa |
5-room | 34–36 | 109 | DBSS | 90y | $1,040,000 | $886 |
| Feb 2020 | Blk 89 Dawson Rd Queenstown |
5-room | 34–36 | 99 | Premium Apartment | 95y | $1,038,000 | $974 |
| Feb 2020 | Blk 149 Mei Ling St Queenstown |
Executive | 07–09 | 154 | Maisonette | 74y | $1,000,000 | $603 |
| Feb 2020 | Blk 1C Cantonment Rd Central Area |
4-room | 25–27 | 94 | Type S1 | 90y | $980,000 | $969 |
| Feb 2020 | Blk 127D Kim Tian Rd Bukit Merah |
5-room | 10–12 | 113 | Improved | 92y | $968,000 | $796 |
| Feb 2020 | Blk 311A Clementi Ave 4 Clementi |
5-room | 37–39 | 105 | DBSS | 93y | $963,000 | $852 |
| Feb 2020 | Blk 10B Boon Tiong Rd Bukit Merah |
4-room | 22–24 | 87 | Model A | 95y | $959,000 | $1,024 |
| Feb 2020 | Blk 7 Boon Keng Rd Kallang/Whampoa |
5-room | 10–12 | 119 | DBSS | 90y | $958,000 | $748 |
| Feb 2020 | Blk 153 Lor 2 Toa Payoh Toa Payoh |
5-room | 19–21 | 121 | Improved | 78y | $950,000 | $729 |
New town records
| Block | Type | Price | Previous record |
|---|---|---|---|
| Blk 667B Punggol Dr Punggol | 3-room | $430,000 | $420,000 |
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 Feb 2020 can still be added.