HDB resale market report: May 2020
363 HDB resale flats were sold in May 2020, 14% fewer than in Apr 2020 and 82% fewer than a year earlier. The median 4-room flat sold for $422k ($419 per sq ft), 8.8% up on a year before per square foot. 2 flats sold for $1 million or more (8 a year earlier). 1 new town record was set.
363
flats sold · ▼ 14% on Apr
$430k
median price, all flats
2
sold for $1M+
1
new town records
Prices by flat type
| Flat type | Sales | Median | $psf | $psf vs Apr | $psf vs a year before |
|---|---|---|---|---|---|
| 3-room | 85 | $282k | $386 | ▲ 3.2% | ▼ 0.5% |
| 4-room | 129 | $422k | $419 | ▲ 3.7% | ▲ 8.8% |
| 5-room | 106 | $505k | $393 | ▼ 3.7% | ▲ 3.4% |
| Executive | 34 | $575k | $374 | ▼ 2.6% | ▼ 2.1% |
Medians of the month's sales. A month's mix of flats moves medians too, so small changes are noise.
Towns rising fastest
- Clementi ▲ 15.2% $504 psf
- Hougang ▲ 7.2% $402 psf
- Jurong West ▲ 6.8% $363 psf
- Pasir Ris ▲ 6.2% $382 psf
- Bukit Panjang ▲ 5.5% $416 psf
Towns rising slowest
- Kallang/Whampoa ▼ 11.2% $434 psf
- Queenstown ▼ 1.8% $587 psf
- Bedok ▼ 0.8% $385 psf
- Bukit Batok ▼ 0.6% $350 psf
- Toa Payoh ▼ 0.3% $420 psf
Median $psf over the 3 months to May 2020 against the same 3 months a year before, towns with at least 60 sales in both.
Busiest towns
Sengkang 39 · Yishun 31 · Woodlands 28 · Punggol 28 · Tampines 27
Top 10 sales
| Month | Block | Type | Storey | sqm | Model | Lease left | Price | $psf |
|---|---|---|---|---|---|---|---|---|
| May 2020 | Blk 9B Boon Tiong Rd Bukit Merah |
5-room | 13–15 | 112 | Improved | 95y | $1,140,000 | $946 |
| May 2020 | Blk 608 Ang Mo Kio Ave 5 Ang Mo Kio |
Executive | 04–06 | 178 | Adjoined Flat | 59y | $1,030,000 | $538 |
| May 2020 | Blk 30 Holland Cl Queenstown |
5-room | 25–27 | 125 | Improved | 76y | $950,000 | $706 |
| May 2020 | Blk 92 Dawson Rd Queenstown |
4-room | 31–33 | 97 | Premium Apartment Loft | 95y | $900,000 | $862 |
| May 2020 | Blk 76A Redhill Rd Bukit Merah |
5-room | 28–30 | 115 | Improved | 84y | $885,000 | $715 |
| May 2020 | Blk 89 Dawson Rd Queenstown |
4-room | 28–30 | 97 | Premium Apartment Loft | 95y | $885,000 | $848 |
| May 2020 | Blk 145 Potong Pasir Ave 2 Toa Payoh |
5-room | 13–15 | 146 | Model A-Maisonette | 63y | $862,500 | $549 |
| May 2020 | Blk 1 Toh Yi Dr Bukit Timah |
5-room | 10–12 | 122 | Improved | 67y | $860,000 | $655 |
| May 2020 | Blk 588B Ang Mo Kio St 52 Ang Mo Kio |
5-room | 10–12 | 112 | DBSS | 90y | $835,000 | $693 |
| May 2020 | Blk 73A Redhill Rd Bukit Merah |
5-room | 10–12 | 115 | Improved | 84y | $826,000 | $667 |
New town records
| Block | Type | Price | Previous record |
|---|---|---|---|
| Blk 608 Ang Mo Kio Ave 5 Ang Mo Kio | Executive | $1,030,000 | $938,000 |
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 2020 can still be added.