Flat Prices

HDB resale market report: Mar 2021

2,443 HDB resale flats were sold in Mar 2021, 13% more than in Feb 2021 and 26% more than a year earlier. The median 4-room flat sold for $455k ($451 per sq ft), 11.9% up on a year before per square foot. 17 flats sold for $1 million or more (5 a year earlier). 9 new town records were set.

2,443
flats sold · ▲ 13% on Feb
$465k
median price, all flats
17
sold for $1M+
9
new town records

Prices by flat type

Flat typeSalesMedian$psf$psf vs Feb$psf vs a year before
3-room559$320k$433▲ 0.7%▲ 12.2%
4-room1,061$455k$451▲ 1.6%▲ 11.9%
5-room621$548k$436▼ 0.9%▲ 11.5%
Executive170$674k$435▲ 2.1%▲ 11.5%

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 ▲ 24.0% $701 psf
  2. Choa Chu Kang ▲ 20.1% $382 psf
  3. Jurong East ▲ 17.3% $426 psf
  4. Toa Payoh ▲ 14.1% $471 psf
  5. Bukit Batok ▲ 13.2% $393 psf

Towns rising slowest

  1. Clementi ▼ 3.2% $476 psf
  2. Bukit Merah ▲ 3.4% $585 psf
  3. Sengkang ▲ 3.8% $444 psf
  4. Pasir Ris ▲ 4.8% $398 psf
  5. Tampines ▲ 4.8% $423 psf

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

Busiest towns

Punggol 232 · Sengkang 204 · Tampines 178 · Yishun 159 · Woodlands 134

Top 10 sales

MonthBlockTypeStoreysqmModelLease leftPrice$psf
Mar 2021 Blk 273B Bishan St 24
Bishan
5-room 28–30 120 DBSS 89y $1,220,000 $945
Mar 2021 Blk 8 Boon Keng Rd
Kallang/Whampoa
5-room 31–33 117 DBSS 89y $1,125,000 $893
Mar 2021 Blk 1B Cantonment Rd
Central Area
4-room 46–48 95 Type S1 89y $1,120,000 $1,095
Mar 2021 Blk 138A Lor 1a Toa Payoh
Toa Payoh
5-room 34–36 114 DBSS 90y $1,095,000 $892
Mar 2021 Blk 446 Bright Hill Dr
Bishan
Executive 07–09 243 Maisonette 68y $1,092,888 $418
Mar 2021 Blk 7 Boon Keng Rd
Kallang/Whampoa
5-room 19–21 119 DBSS 89y $1,080,000 $843
Mar 2021 Blk 1G Cantonment Rd
Central Area
5-room 37–39 107 Type S2 89y $1,068,888 $928
Mar 2021 Blk 8A Upp Boon Keng Rd
Kallang/Whampoa
5-room 16–18 116 Premium Apartment 95y $1,068,000 $855
Mar 2021 Blk 6 Toh Yi Dr
Bukit Timah
Executive 04–06 146 Maisonette 67y $1,050,000 $668
Mar 2021 Blk 138C Lor 1a Toa Payoh
Toa Payoh
5-room 31–33 114 DBSS 90y $1,048,888 $855

New town records

BlockTypePricePrevious record
Blk 273B Bishan St 24
Bishan
5-room$1,220,000$1,218,888
Blk 139A Lor 1a Toa Payoh
Toa Payoh
4-room$903,000$899,000
Blk 182 Jelebu Rd
Bukit Panjang
4-room$645,000$608,000
Blk 889B Woodlands Dr 50
Woodlands
5-room$598,000$590,000
Blk 530C Pasir Ris Dr 1
Pasir Ris
3-room$560,000$538,000
Blk 748A Bedok Reservoir Cres
Bedok
3-room$525,000$520,000
Blk 138C Yuan Ching Rd
Jurong West
3-room$485,000$475,000
Blk 279C Sengkang East Ave
Sengkang
3-room$445,000$443,000
Blk 593B Montreal Link
Sembawang
2-room$268,000$258,888

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 Mar 2021 can still be added.