Flat Prices

HDB resale market report: Aug 2020

2,426 HDB resale flats were sold in Aug 2020, 1% fewer than in Jul 2020 and 28% more than a year earlier. The median 4-room flat sold for $418k ($412 per sq ft), 4.6% up on a year before per square foot. 5 flats sold for $1 million or more (9 a year earlier). 8 new town records were set.

2,426
flats sold · ▼ 1% on Jul
$425k
median price, all flats
5
sold for $1M+
8
new town records

Prices by flat type

Flat typeSalesMedian$psf$psf vs Jul$psf vs a year before
3-room563$293k$396▲ 2.1%▲ 1.3%
4-room974$418k$412▲ 1.5%▲ 4.6%
5-room631$490k$381▼ 3.3%▼ 0.8%
Executive215$615k$393▲ 3.1%▲ 6.2%

Medians of the month's sales. A month's mix of flats moves medians too, so small changes are noise.

Towns rising fastest

  1. Bukit Panjang ▲ 12.5% $423 psf
  2. Choa Chu Kang ▲ 8.1% $338 psf
  3. Queenstown ▲ 4.8% $645 psf
  4. Bukit Batok ▲ 3.8% $356 psf
  5. Pasir Ris ▲ 3.7% $376 psf

Towns rising slowest

  1. Bukit Merah ▼ 9.7% $501 psf
  2. Kallang/Whampoa ▼ 6.5% $455 psf
  3. Geylang ▼ 3.9% $409 psf
  4. Bishan ▼ 3.7% $524 psf
  5. Clementi ▼ 2.0% $430 psf

Median $psf over the 3 months to Aug 2020 against the same 3 months a year before, towns with at least 60 sales in both.

Busiest towns

Sengkang 242 · Tampines 189 · Punggol 184 · Yishun 164 · Woodlands 150

Top 10 sales

MonthBlockTypeStoreysqmModelLease leftPrice$psf
Aug 2020 Blk 1A Cantonment Rd
Central Area
5-room 31–33 107 Type S2 89y $1,185,000 $1,029
Aug 2020 Blk 43 Moh Guan Ter
Bukit Merah
4-room 04–06 131 Adjoined Flat 51y $1,088,000 $772
Aug 2020 Blk 275A Bishan St 24
Bishan
5-room 22–24 120 DBSS 89y $1,080,000 $836
Aug 2020 Blk 138C Lor 1a Toa Payoh
Toa Payoh
5-room 28–30 117 DBSS 90y $1,035,000 $822
Aug 2020 Blk 93 Dawson Rd
Queenstown
5-room 37–39 99 Premium Apartment 94y $1,035,000 $971
Aug 2020 Blk 139B Lor 1a Toa Payoh
Toa Payoh
5-room 25–27 114 DBSS 90y $990,000 $807
Aug 2020 Blk 1A Cantonment Rd
Central Area
5-room 13–15 107 Type S2 89y $988,000 $858
Aug 2020 Blk 1C Cantonment Rd
Central Area
4-room 34–36 95 Type S1 89y $988,000 $966
Aug 2020 Blk 121 Lor 2 Toa Payoh
Toa Payoh
5-room 28–30 126 Improved 80y $969,000 $714
Aug 2020 Blk 423 Serangoon Ctrl
Serangoon
Executive 07–09 146 Maisonette 67y $960,000 $611

New town records

BlockTypePricePrevious record
Blk 43 Moh Guan Ter
Bukit Merah
4-room$1,088,000$1,050,000
Blk 475A Upp Serangoon Cres
Hougang
5-room$888,888$865,000
Blk 205A Compassvale Lane
Sengkang
Executive$726,000$720,000
Blk 183 Jelebu Rd
Bukit Panjang
5-room$700,000$694,333
Blk 348A Yishun Ave 11
Yishun
4-room$625,000$620,000
Blk 184 Jelebu Rd
Bukit Panjang
4-room$600,000$590,000
Blk 475C Upp Serangoon Cres
Hougang
3-room$478,000$470,000
Blk 593B Montreal Link
Sembawang
2-room$258,888$245,888

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 Aug 2020 can still be added.