HDB resale market report: May 2021
1,957 HDB resale flats were sold in May 2021, 16% fewer than in Apr 2021 and 439% more than a year earlier. The median 4-room flat sold for $470k ($465 per sq ft), 11.0% up on a year before per square foot. 13 flats sold for $1 million or more (2 a year earlier). 15 new town records were set.
1,957
flats sold · ▼ 16% on Apr
$480k
median price, all flats
13
sold for $1M+
15
new town records
Prices by flat type
| Flat type | Sales | Median | $psf | $psf vs Apr | $psf vs a year before |
|---|---|---|---|---|---|
| 3-room | 408 | $335k | $450 | ▲ 2.7% | ▲ 16.6% |
| 4-room | 854 | $470k | $465 | ▲ 2.9% | ▲ 11.0% |
| 5-room | 524 | $560k | $441 | ▼ 1.3% | ▲ 12.2% |
| Executive | 143 | $660k | $431 | ▲ 0.2% | ▲ 15.2% |
Medians of the month's sales. A month's mix of flats moves medians too, so small changes are noise.
Towns rising fastest
- Choa Chu Kang ▲ 31.4% $428 psf
- Queenstown ▲ 27.3% $747 psf
- Kallang/Whampoa ▲ 15.2% $500 psf
- Toa Payoh ▲ 15.2% $483 psf
- Sembawang ▲ 15.2% $398 psf
Towns rising slowest
- Clementi ▼ 3.7% $485 psf
- Punggol ▲ 4.1% $489 psf
- Bukit Panjang ▲ 5.7% $440 psf
- Hougang ▲ 6.1% $427 psf
- Sengkang ▲ 6.2% $450 psf
Median $psf over the 3 months to May 2021 against the same 3 months a year before, towns with at least 60 sales in both.
Busiest towns
Punggol 189 · Sengkang 165 · Tampines 135 · Woodlands 133 · Bedok 119
Top 10 sales
| Month | Block | Type | Storey | sqm | Model | Lease left | Price | $psf |
|---|---|---|---|---|---|---|---|---|
| May 2021 | Blk 18C Holland Dr Queenstown |
5-room | 34–36 | 117 | Improved | 90y | $1,210,000 | $961 |
| May 2021 | Blk 9A Boon Tiong Rd Bukit Merah |
5-room | 28–30 | 112 | Improved | 94y | $1,168,000 | $969 |
| May 2021 | Blk 1G Cantonment Rd Central Area |
5-room | 34–36 | 105 | Type S2 | 89y | $1,165,000 | $1,031 |
| May 2021 | Blk 273B Bishan St 24 Bishan |
5-room | 16–18 | 120 | DBSS | 89y | $1,140,000 | $883 |
| May 2021 | Blk 138C Lor 1a Toa Payoh Toa Payoh |
5-room | 37–39 | 114 | DBSS | 90y | $1,132,500 | $923 |
| May 2021 | Blk 275A Bishan St 24 Bishan |
5-room | 25–27 | 120 | DBSS | 89y | $1,128,888 | $874 |
| May 2021 | Blk 1F Cantonment Rd Central Area |
5-room | 13–15 | 107 | Type S2 | 89y | $1,088,000 | $945 |
| May 2021 | Blk 1C Cantonment Rd Central Area |
4-room | 34–36 | 93 | Type S1 | 89y | $1,078,000 | $1,077 |
| May 2021 | Blk 6 Toh Yi Dr Bukit Timah |
Executive | 04–06 | 146 | Maisonette | 67y | $1,060,000 | $675 |
| May 2021 | Blk 1B Cantonment Rd Central Area |
4-room | 34–36 | 96 | Type S1 | 89y | $1,060,000 | $1,026 |
New town records
| Block | Type | Price | Previous record |
|---|---|---|---|
| Blk 18C Holland Dr Queenstown | 5-room | $1,210,000 | $1,170,000 |
| Blk 181 Jelebu Rd Bukit Panjang | Executive | $858,888 | $840,000 |
| Blk 697A Jurong West Ctrl 3 Jurong West | 5-room | $798,000 | $745,000 |
| Blk 588D Ang Mo Kio St 52 Ang Mo Kio | 4-room | $784,999 | $782,000 |
| Blk 747C Bedok Reservoir Cres Bedok | 4-room | $760,000 | $750,000 |
| Blk 217C Compassvale Dr Sengkang | 5-room | $757,000 | $750,000 |
| Blk 348C Yishun Ave 11 Yishun | 4-room | $630,000 | $625,000 |
| Blk 890A Woodlands Dr 50 Woodlands | 5-room | $625,000 | $598,000 |
| Blk 889B Woodlands Dr 50 Woodlands | 4-room | $538,000 | $533,000 |
| Blk 217B Compassvale Dr Sengkang | 3-room | $471,000 | $445,000 |
| Blk 302A Woodlands St 31 Woodlands | 3-room | $405,000 | $393,000 |
| Blk 571 Choa Chu Kang St 52 Choa Chu Kang | 3-room | $380,000 | $372,000 |
| Blk 528A Pasir Ris St 51 Pasir Ris | 2-room | $295,000 | $285,000 |
| Blk 591A Montreal Link Sembawang | 2-room | $292,500 | $268,000 |
| Blk 424A Yishun Ave 11 Yishun | 2-room | $270,000 | $268,000 |
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 May 2021 can still be added.