Flat Prices

HDB resale market report: Jan 2021

2,491 HDB resale flats were sold in Jan 2021, about the same as in Dec 2020 and 30% more than a year earlier. The median 4-room flat sold for $448k ($440 per sq ft), 12.2% up on a year before per square foot. 13 flats sold for $1 million or more (4 a year earlier). 11 new town records were set.

2,491
flats sold · ▲ 0% on Dec
$460k
median price, all flats
13
sold for $1M+
11
new town records

Prices by flat type

Flat typeSalesMedian$psf$psf vs Dec$psf vs a year before
3-room532$317k$423▲ 1.7%▲ 7.9%
4-room1,046$448k$440▲ 1.1%▲ 12.2%
5-room651$535k$418▲ 0.0%▲ 9.1%
Executive222$655k$419▲ 1.0%▲ 9.1%

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 ▲ 25.8% $710 psf
  2. Jurong East ▲ 15.7% $420 psf
  3. Choa Chu Kang ▲ 15.5% $368 psf
  4. Woodlands ▲ 10.8% $356 psf
  5. Bukit Batok ▲ 10.2% $383 psf

Towns rising slowest

  1. Bukit Merah ▼ 11.7% $542 psf
  2. Bishan ▲ 1.1% $528 psf
  3. Kallang/Whampoa ▲ 2.1% $491 psf
  4. Tampines ▲ 2.2% $415 psf
  5. Sengkang ▲ 2.6% $435 psf

Median $psf over the 3 months to Jan 2021 against the same 3 months a year before, towns with at least 60 sales in both.

Busiest towns

Sengkang 241 · Punggol 236 · Tampines 189 · Bedok 151 · Jurong West 141

Top 10 sales

MonthBlockTypeStoreysqmModelLease leftPrice$psf
Jan 2021 Blk 273A Bishan St 24
Bishan
5-room 25–27 120 DBSS 89y $1,210,000 $937
Jan 2021 Blk 1D Cantonment Rd
Central Area
5-room 46–48 105 Type S2 89y $1,128,000 $998
Jan 2021 Blk 139B Lor 1a Toa Payoh
Toa Payoh
5-room 37–39 117 DBSS 90y $1,122,000 $891
Jan 2021 Blk 1E Cantonment Rd
Central Area
5-room 43–45 105 Type S2 89y $1,120,000 $991
Jan 2021 Blk 440C Clementi Ave 3
Clementi
5-room 31–33 112 Improved 96y $1,080,000 $896
Jan 2021 Blk 1A Cantonment Rd
Central Area
5-room 16–18 108 Type S2 89y $1,050,000 $903
Jan 2021 Blk 22 Ghim Moh Link
Queenstown
5-room 40–42 113 Improved 91y $1,050,000 $863
Jan 2021 Blk 139B Lor 1a Toa Payoh
Toa Payoh
5-room 31–33 114 DBSS 90y $1,045,000 $852
Jan 2021 Blk 1G Cantonment Rd
Central Area
5-room 19–21 106 Type S2 89y $1,033,000 $905
Jan 2021 Blk 50 C'wealth Dr
Queenstown
5-room 13–15 114 Improved 93y $1,030,000 $839

New town records

BlockTypePricePrevious record
Blk 440C Clementi Ave 3
Clementi
5-room$1,080,000$1,068,000
Blk 305D Punggol Dr
Punggol
4-room$610,000$605,000
Blk 182 Jelebu Rd
Bukit Panjang
4-room$608,000$600,000
Blk 363 Woodlands Ave 5
Woodlands
5-room$586,000$585,500
Blk 18C Circuit Rd
Geylang
3-room$565,000$548,000
Blk 530B Pasir Ris Dr 1
Pasir Ris
3-room$538,000$520,000
Blk 44 Moh Guan Ter
Bukit Merah
2-room$510,000$508,000
Blk 475D Upp Serangoon Cres
Hougang
3-room$495,000$483,000
Blk 348C Yishun Ave 11
Yishun
3-room$460,000$451,000
Blk 51 C'wealth Dr
Queenstown
2-room$390,000$389,000
Blk 633A Senja Rd
Bukit Panjang
2-room$290,000$265,000

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 Jan 2021 can still be added.