HDB resale market report: Mar 2020
1,937 HDB resale flats were sold in Mar 2020, 17% more than in Feb 2020 and 17% more than a year earlier. The median 4-room flat sold for $410k ($403 per sq ft), 2.8% up on a year before per square foot. 5 flats sold for $1 million or more (7 a year earlier). 6 new town records were set.
1,937
flats sold · ▲ 17% on Feb
$412k
median price, all flats
5
sold for $1M+
6
new town records
Prices by flat type
| Flat type | Sales | Median | $psf | $psf vs Feb | $psf vs a year before |
|---|---|---|---|---|---|
| 3-room | 458 | $280k | $386 | ▼ 0.8% | ▲ 0.3% |
| 4-room | 815 | $410k | $403 | ▲ 2.5% | ▲ 2.8% |
| 5-room | 473 | $500k | $391 | ▼ 0.5% | ▲ 2.9% |
| Executive | 139 | $612k | $390 | ▼ 0.3% | ▼ 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
- Clementi ▲ 9.7% $492 psf
- Bukit Panjang ▲ 8.6% $415 psf
- Yishun ▲ 5.5% $365 psf
- Pasir Ris ▲ 5.4% $380 psf
- Hougang ▲ 4.5% $387 psf
Towns rising slowest
- Queenstown ▼ 10.7% $566 psf
- Geylang ▼ 9.7% $399 psf
- Jurong East ▼ 7.6% $363 psf
- Kallang/Whampoa ▼ 6.9% $450 psf
- Toa Payoh ▼ 5.5% $413 psf
Median $psf over the 3 months to Mar 2020 against the same 3 months a year before, towns with at least 60 sales in both.
Busiest towns
Yishun 204 · Sengkang 164 · Woodlands 133 · Jurong West 129 · Tampines 126
Top 10 sales
| Month | Block | Type | Storey | sqm | Model | Lease left | Price | $psf |
|---|---|---|---|---|---|---|---|---|
| Mar 2020 | Blk 1B Cantonment Rd Central Area |
5-room | 40–42 | 107 | Type S2 | 90y | $1,232,000 | $1,070 |
| Mar 2020 | Blk 273B Bishan St 24 Bishan |
5-room | 19–21 | 120 | DBSS | 90y | $1,082,000 | $838 |
| Mar 2020 | Blk 9B Boon Tiong Rd Bukit Merah |
5-room | 04–06 | 112 | Improved | 95y | $1,065,000 | $883 |
| Mar 2020 | Blk 148 Mei Ling St Queenstown |
Executive | 13–15 | 145 | Apartment | 74y | $1,030,000 | $660 |
| Mar 2020 | Blk 1E Cantonment Rd Central Area |
4-room | 46–48 | 96 | Type S1 | 90y | $1,030,000 | $997 |
| Mar 2020 | Blk 8 Boon Keng Rd Kallang/Whampoa |
5-room | 37–39 | 107 | DBSS | 90y | $965,000 | $838 |
| Mar 2020 | Blk 56 Havelock Rd Bukit Merah |
5-room | 07–09 | 114 | Improved | 92y | $950,000 | $774 |
| Mar 2020 | Blk 138B Lor 1a Toa Payoh Toa Payoh |
5-room | 16–18 | 110 | DBSS | 91y | $950,000 | $802 |
| Mar 2020 | Blk 10B Boon Tiong Rd Bukit Merah |
4-room | 19–21 | 87 | Model A | 95y | $950,000 | $1,014 |
| Mar 2020 | Blk 10A Boon Tiong Rd Bukit Merah |
4-room | 28–30 | 92 | Model A | 95y | $948,000 | $957 |
New town records
| Block | Type | Price | Previous record |
|---|---|---|---|
| Blk 1B Cantonment Rd Central Area | 5-room | $1,232,000 | $1,200,000 |
| Blk 34 Kim Cheng St Bukit Merah | 3-room | $715,000 | $708,000 |
| Blk 528C Pasir Ris St 51 Pasir Ris | 5-room | $690,000 | $660,000 |
| Blk 308B Punggol Walk Punggol | 3-room | $438,000 | $430,000 |
| Blk 593B Montreal Link Sembawang | 3-room | $330,000 | $315,000 |
| Blk 488 Segar Rd Bukit Panjang | 2-room | $265,000 | $255,000 |
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 2020 can still be added.