HDB resale market report: Sep 2020
2,482 HDB resale flats were sold in Sep 2020, 2% more than in Aug 2020 and 36% more than a year earlier. The median 4-room flat sold for $420k ($414 per sq ft), 7.0% up on a year before per square foot. 8 flats sold for $1 million or more (4 a year earlier). 9 new town records were set.
2,482
flats sold · ▲ 2% on Aug
$431k
median price, all flats
8
sold for $1M+
9
new town records
Prices by flat type
| Flat type | Sales | Median | $psf | $psf vs Aug | $psf vs a year before |
|---|---|---|---|---|---|
| 3-room | 548 | $299k | $402 | ▲ 1.5% | ▲ 4.1% |
| 4-room | 1,054 | $420k | $414 | ▲ 0.5% | ▲ 7.0% |
| 5-room | 643 | $510k | $401 | ▲ 5.2% | ▲ 6.1% |
| Executive | 197 | $620k | $403 | ▲ 2.5% | ▲ 5.2% |
Medians of the month's sales. A month's mix of flats moves medians too, so small changes are noise.
Towns rising fastest
- Queenstown ▲ 14.0% $668 psf
- Bukit Panjang ▲ 13.2% $424 psf
- Choa Chu Kang ▲ 10.0% $344 psf
- Serangoon ▲ 4.6% $456 psf
- Pasir Ris ▲ 3.6% $377 psf
Towns rising slowest
- Bukit Merah ▼ 10.1% $516 psf
- Kallang/Whampoa ▼ 6.0% $451 psf
- Bishan ▼ 4.5% $520 psf
- Geylang ▼ 3.7% $414 psf
- Toa Payoh ▼ 2.8% $389 psf
Median $psf over the 3 months to Sep 2020 against the same 3 months a year before, towns with at least 60 sales in both.
Busiest towns
Sengkang 240 · Punggol 209 · Tampines 197 · Yishun 173 · Bedok 153
Top 10 sales
| Month | Block | Type | Storey | sqm | Model | Lease left | Price | $psf |
|---|---|---|---|---|---|---|---|---|
| Sep 2020 | Blk 1B Cantonment Rd Central Area |
5-room | 43–45 | 107 | Type S2 | 89y | $1,258,000 | $1,092 |
| Sep 2020 | Blk 1A Cantonment Rd Central Area |
5-room | 40–42 | 106 | Type S2 | 89y | $1,208,000 | $1,059 |
| Sep 2020 | Blk 18C Holland Dr Queenstown |
5-room | 19–21 | 117 | Improved | 90y | $1,158,000 | $920 |
| Sep 2020 | Blk 9A Boon Tiong Rd Bukit Merah |
5-room | 22–24 | 112 | Improved | 94y | $1,138,000 | $944 |
| Sep 2020 | Blk 1C Cantonment Rd Central Area |
4-room | 37–39 | 95 | Type S1 | 89y | $1,100,000 | $1,076 |
| Sep 2020 | Blk 149 Mei Ling St Queenstown |
Executive | 10–12 | 150 | Apartment | 73y | $1,078,000 | $668 |
| Sep 2020 | Blk 245 Bishan St 22 Bishan |
Executive | 13–15 | 154 | Maisonette | 70y | $1,044,888 | $630 |
| Sep 2020 | Blk 55 Jln Bahagia Kallang/Whampoa |
3-room | 01–03 | 170 | Terrace | 50y | $1,000,000 | $546 |
| Sep 2020 | Blk 441A Clementi Ave 3 Clementi |
5-room | 16–18 | 116 | Improved | 90y | $988,000 | $791 |
| Sep 2020 | Blk 92 Dawson Rd Queenstown |
5-room | 28–30 | 99 | Premium Apartment | 94y | $988,000 | $927 |
New town records
| Block | Type | Price | Previous record |
|---|---|---|---|
| Blk 1B Cantonment Rd Central Area | 5-room | $1,258,000 | $1,232,000 |
| Blk 519B Tampines Ctrl 8 Tampines | 5-room | $895,000 | $888,888 |
| Blk 348B Yishun Ave 11 Yishun | 5-room | $770,000 | $758,000 |
| Blk 10A Boon Tiong Rd Bukit Merah | 3-room | $728,000 | $723,000 |
| Blk 282C Sengkang East Ave Sengkang | 5-room | $724,000 | $715,000 |
| Blk 530A Pasir Ris Dr 1 Pasir Ris | 4-room | $625,000 | $580,000 |
| Blk 18D Circuit Rd Geylang | 3-room | $525,000 | $502,000 |
| Blk 475C Upp Serangoon Cres Hougang | 3-room | $483,000 | $478,000 |
| Blk 530B Pasir Ris Dr 1 Pasir Ris | 3-room | $445,000 | $410,000 |
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 Sep 2020 can still be added.