Flat Prices

HDB resale market report: Oct 2020

2,427 HDB resale flats were sold in Oct 2020, 2% fewer than in Sep 2020 and 10% more than a year earlier. The median 4-room flat sold for $436k ($430 per sq ft), 8.6% up on a year before per square foot. 13 flats sold for $1 million or more (1 a year earlier). 4 new town records were set.

2,427
flats sold · ▼ 2% on Sep
$450k
median price, all flats
13
sold for $1M+
4
new town records

Prices by flat type

Flat typeSalesMedian$psf$psf vs Sep$psf vs a year before
3-room504$308k$414▲ 3.0%▲ 7.3%
4-room1,008$436k$430▲ 3.9%▲ 8.6%
5-room640$515k$403▲ 0.5%▲ 4.7%
Executive232$633k$403▲ 0.0%▲ 6.3%

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

Towns rising fastest

  1. Queenstown ▲ 23.3% $685 psf
  2. Bukit Panjang ▲ 11.0% $427 psf
  3. Choa Chu Kang ▲ 10.4% $345 psf
  4. Woodlands ▲ 6.6% $343 psf
  5. Clementi ▲ 5.3% $454 psf

Towns rising slowest

  1. Kallang/Whampoa ▼ 5.8% $457 psf
  2. Toa Payoh ▼ 1.3% $407 psf
  3. Bukit Merah ▼ 0.8% $524 psf
  4. Sengkang ▼ 0.2% $430 psf
  5. Bishan ▲ 0.5% $527 psf

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

Busiest towns

Sengkang 249 · Punggol 202 · Tampines 193 · Jurong West 140 · Yishun 140

Top 10 sales

MonthBlockTypeStoreysqmModelLease leftPrice$psf
Oct 2020 Blk 275A Bishan St 24
Bishan
5-room 28–30 120 DBSS 89y $1,208,000 $935
Oct 2020 Blk 9A Boon Tiong Rd
Bukit Merah
5-room 22–24 112 Improved 94y $1,153,000 $956
Oct 2020 Blk 1F Cantonment Rd
Central Area
5-room 46–48 105 Type S2 89y $1,150,000 $1,018
Oct 2020 Blk 173 Bishan St 13
Bishan
Executive 19–21 163 Maisonette 65y $1,128,000 $643
Oct 2020 Blk 18C Holland Dr
Queenstown
5-room 13–15 117 Improved 90y $1,100,000 $873
Oct 2020 Blk 9A Boon Tiong Rd
Bukit Merah
5-room 13–15 112 Improved 94y $1,090,000 $904
Oct 2020 Blk 1G Cantonment Rd
Central Area
5-room 25–27 105 Type S2 89y $1,080,000 $956
Oct 2020 Blk 1G Cantonment Rd
Central Area
4-room 43–45 93 Type S1 89y $1,070,000 $1,069
Oct 2020 Blk 138A Lor 1a Toa Payoh
Toa Payoh
5-room 31–33 117 DBSS 90y $1,068,888 $849
Oct 2020 Blk 9A Boon Tiong Rd
Bukit Merah
5-room 07–09 112 Improved 94y $1,040,000 $863

New town records

BlockTypePricePrevious record
Blk 275A Bishan St 24
Bishan
5-room$1,208,000$1,180,000
Blk 138D Yuan Ching Rd
Jurong West
5-room$739,000$720,000
Blk 530A Pasir Ris Dr 1
Pasir Ris
4-room$660,000$625,000
Blk 348A Yishun Ave 11
Yishun
3-room$451,000$448,000

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 Oct 2020 can still be added.