Flat Prices

HDB resale market report: Dec 2020

2,486 HDB resale flats were sold in Dec 2020, 7% more than in Nov 2020 and 35% more than a year earlier. The median 4-room flat sold for $440k ($435 per sq ft), 9.8% up on a year before per square foot. 10 flats sold for $1 million or more (2 a year earlier). 5 new town records were set.

2,486
flats sold · ▲ 7% on Nov
$451k
median price, all flats
10
sold for $1M+
5
new town records

Prices by flat type

Flat typeSalesMedian$psf$psf vs Nov$psf vs a year before
3-room547$305k$416▼ 0.7%▲ 8.9%
4-room994$440k$435▲ 1.4%▲ 9.8%
5-room697$530k$418▲ 1.0%▲ 9.4%
Executive218$650k$415▲ 1.2%▲ 5.9%

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 ▲ 23.4% $705 psf
  2. Choa Chu Kang ▲ 13.5% $362 psf
  3. Jurong East ▲ 11.6% $412 psf
  4. Clementi ▲ 10.4% $474 psf
  5. Geylang ▲ 10.4% $452 psf

Towns rising slowest

  1. Kallang/Whampoa ▼ 3.3% $481 psf
  2. Sengkang ▲ 0.4% $430 psf
  3. Toa Payoh ▲ 0.8% $413 psf
  4. Bishan ▲ 1.1% $527 psf
  5. Tampines ▲ 1.8% $414 psf

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

Busiest towns

Sengkang 251 · Punggol 216 · Tampines 195 · Woodlands 139 · Bedok 137

Top 10 sales

MonthBlockTypeStoreysqmModelLease leftPrice$psf
Dec 2020 Blk 273B Bishan St 24
Bishan
5-room 25–27 120 DBSS 89y $1,218,888 $944
Dec 2020 Blk 275A Bishan St 24
Bishan
5-room 34–36 120 DBSS 89y $1,180,000 $914
Dec 2020 Blk 139A Lor 1a Toa Payoh
Toa Payoh
5-room 40–42 114 DBSS 90y $1,160,000 $945
Dec 2020 Blk 275A Bishan St 24
Bishan
5-room 37–39 120 DBSS 89y $1,075,000 $832
Dec 2020 Blk 190 Bishan St 13
Bishan
Executive 19–21 150 Maisonette 65y $1,058,000 $655
Dec 2020 Blk 91 Dawson Rd
Queenstown
5-room 34–36 99 Premium Apartment 94y $1,053,000 $988
Dec 2020 Blk 91 Dawson Rd
Queenstown
5-room 40–42 99 Premium Apartment 94y $1,030,000 $967
Dec 2020 Blk 10A Boon Tiong Rd
Bukit Merah
4-room 34–36 92 Model A 94y $1,013,888 $1,024
Dec 2020 Blk 86 Dawson Rd
Queenstown
5-room 28–30 104 Premium Apartment 94y $1,010,000 $902
Dec 2020 Blk 60 Dakota Cres
Geylang
5-room 10–12 140 Model A-Maisonette 61y $1,008,888 $669

New town records

BlockTypePricePrevious record
Blk 273B Bishan St 24
Bishan
5-room$1,218,888$1,208,000
Blk 60 Dakota Cres
Geylang
5-room$1,008,888$998,000
Blk 605 Senja Rd
Bukit Panjang
5-room$731,000$700,000
Blk 308A Punggol Walk
Punggol
3-room$440,000$438,000
Blk 807A Choa Chu Kang Ave 1
Choa Chu Kang
2-room$290,000$250,000

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 Dec 2020 can still be added.