HDB resale market report: Dec 2021
2,422 HDB resale flats were sold in Dec 2021, 6% fewer than in Nov 2021 and 3% fewer than a year earlier. The median 4-room flat sold for $490k ($487 per sq ft), 12.0% up on a year before per square foot. 36 flats sold for $1 million or more (10 a year earlier). 22 new town records were set.
2,422
flats sold · ▼ 6% on Nov
$505k
median price, all flats
36
sold for $1M+
22
new town records
Prices by flat type
| Flat type | Sales | Median | $psf | $psf vs Nov | $psf vs a year before |
|---|---|---|---|---|---|
| 3-room | 535 | $350k | $478 | ▲ 1.5% | ▲ 14.9% |
| 4-room | 1,051 | $490k | $487 | ▲ 1.5% | ▲ 12.0% |
| 5-room | 624 | $588k | $461 | ▼ 0.9% | ▲ 10.3% |
| Executive | 177 | $720k | $465 | ▲ 2.2% | ▲ 12.0% |
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 ▲ 25.8% $456 psf
- Kallang/Whampoa ▲ 20.7% $581 psf
- Sembawang ▲ 19.3% $426 psf
- Toa Payoh ▲ 18.7% $490 psf
- Clementi ▲ 18.6% $562 psf
Towns rising slowest
- Queenstown ▼ 3.7% $679 psf
- Bukit Panjang ▲ 5.6% $457 psf
- Punggol ▲ 9.0% $520 psf
- Jurong East ▲ 10.1% $453 psf
- Pasir Ris ▲ 10.2% $433 psf
Median $psf over the 3 months to Dec 2021 against the same 3 months a year before, towns with at least 60 sales in both.
Busiest towns
Sengkang 241 · Punggol 216 · Yishun 181 · Tampines 175 · Woodlands 144
Top 10 sales
| Month | Block | Type | Storey | sqm | Model | Lease left | Price | $psf |
|---|---|---|---|---|---|---|---|---|
| Dec 2021 | Blk 273B Bishan St 24 Bishan |
5-room | 37–39 | 120 | DBSS | 88y | $1,360,000 | $1,053 |
| Dec 2021 | Blk 92 Dawson Rd Queenstown |
5-room | 40–42 | 122 | Premium Apartment Loft | 93y | $1,328,000 | $1,011 |
| Dec 2021 | Blk 1B Cantonment Rd Central Area |
5-room | 40–42 | 107 | Type S2 | 88y | $1,288,000 | $1,118 |
| Dec 2021 | Blk 1D Cantonment Rd Central Area |
5-room | 46–48 | 107 | Type S2 | 88y | $1,280,000 | $1,111 |
| Dec 2021 | Blk 1B Cantonment Rd Central Area |
5-room | 43–45 | 106 | Type S2 | 88y | $1,254,000 | $1,099 |
| Dec 2021 | Blk 6 Toh Yi Dr Bukit Timah |
Executive | 04–06 | 154 | Maisonette | 66y | $1,238,000 | $747 |
| Dec 2021 | Blk 139A Lor 1a Toa Payoh Toa Payoh |
5-room | 34–36 | 117 | DBSS | 89y | $1,220,000 | $969 |
| Dec 2021 | Blk 273B Bishan St 24 Bishan |
5-room | 10–12 | 120 | DBSS | 88y | $1,208,000 | $935 |
| Dec 2021 | Blk 9 Boon Keng Rd Kallang/Whampoa |
5-room | 28–30 | 117 | DBSS | 88y | $1,200,888 | $954 |
| Dec 2021 | Blk 139A Lor 1a Toa Payoh Toa Payoh |
5-room | 31–33 | 117 | DBSS | 89y | $1,160,000 | $921 |
New town records
| Block | Type | Price | Previous record |
|---|---|---|---|
| Blk 273B Bishan St 24 Bishan | 5-room | $1,360,000 | $1,295,000 |
| Blk 92 Dawson Rd Queenstown | 5-room | $1,328,000 | $1,230,000 |
| Blk 1B Cantonment Rd Central Area | 5-room | $1,288,000 | $1,261,000 |
| Blk 6 Toh Yi Dr Bukit Timah | Executive | $1,238,000 | $1,210,000 |
| Blk 99A Lor 2 Toa Payoh Toa Payoh | Executive | $1,071,250 | $1,025,000 |
| Blk 418 Serangoon Ctrl Serangoon | Executive | $1,055,501 | $1,038,000 |
| Blk 156 Tampines St 12 Tampines | Executive | $998,000 | $915,000 |
| Blk 286B Toh Guan Rd Jurong East | Executive | $925,000 | $900,101 |
| Blk 64 Telok Blangah Dr Bukit Merah | Executive | $887,000 | $750,000 |
| Blk 348A Yishun Ave 11 Yishun | 5-room | $848,000 | $780,000 |
| Blk 190 Punggol Ctrl Punggol | Executive | $700,000 | $690,000 |
| Blk 216D Compassvale Dr Sengkang | 4-room | $665,000 | $655,000 |
| Blk 119A Canberra Cres Sembawang | 5-room | $660,000 | $650,000 |
| Blk 306D Punggol Dr Punggol | 4-room | $635,000 | $630,000 |
| Blk 219D Bedok Ctrl Bedok | 3-room | $565,000 | $550,000 |
| Blk 120A Canberra Cres Sembawang | 4-room | $550,000 | $517,000 |
| Blk 475D Upp Serangoon Cres Hougang | 3-room | $535,000 | $495,888 |
| Blk 591A Montreal Link Sembawang | 3-room | $375,000 | $372,000 |
| Blk 808B Chai Chee Rd Bedok | 2-room | $340,000 | $313,000 |
| Blk 636A Senja Rd Bukit Panjang | 2-room | $315,000 | $310,000 |
| Blk 807A Choa Chu Kang Ave 1 Choa Chu Kang | 2-room | $300,000 | $290,000 |
| Blk 986A Buangkok Cres Hougang | 2-room | $275,000 | $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 Dec 2021 can still be added.