HDB resale market report: Jan 2022
2,442 HDB resale flats were sold in Jan 2022, 1% more than in Dec 2021 and 2% fewer than a year earlier. The median 4-room flat sold for $490k ($484 per sq ft), 10.0% up on a year before per square foot. 27 flats sold for $1 million or more (13 a year earlier). 24 new town records were set.
2,442
flats sold · ▲ 1% on Dec
$500k
median price, all flats
27
sold for $1M+
24
new town records
Prices by flat type
| Flat type | Sales | Median | $psf | $psf vs Dec | $psf vs a year before |
|---|---|---|---|---|---|
| 3-room | 585 | $360k | $483 | ▲ 1.0% | ▲ 14.2% |
| 4-room | 1,023 | $490k | $484 | ▼ 0.6% | ▲ 10.0% |
| 5-room | 630 | $588k | $461 | ▲ 0.0% | ▲ 10.3% |
| Executive | 167 | $720k | $465 | ▲ 0.0% | ▲ 11.0% |
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 ▲ 25.1% $460 psf
- Kallang/Whampoa ▲ 21.2% $596 psf
- Bukit Merah ▲ 20.7% $655 psf
- Toa Payoh ▲ 19.6% $503 psf
- Bukit Batok ▲ 17.7% $451 psf
Towns rising slowest
- Queenstown ▼ 4.4% $679 psf
- Bukit Panjang ▲ 6.4% $460 psf
- Jurong East ▲ 7.7% $452 psf
- Punggol ▲ 8.6% $522 psf
- Geylang ▲ 9.9% $495 psf
Median $psf over the 3 months to Jan 2022 against the same 3 months a year before, towns with at least 60 sales in both.
Busiest towns
Sengkang 221 · Punggol 206 · Yishun 186 · Tampines 163 · Choa Chu Kang 156
Top 10 sales
| Month | Block | Type | Storey | sqm | Model | Lease left | Price | $psf |
|---|---|---|---|---|---|---|---|---|
| Jan 2022 | Blk 273A Bishan St 24 Bishan |
5-room | 34–36 | 120 | DBSS | 88y | $1,338,888 | $1,037 |
| Jan 2022 | Blk 101 Bishan St 12 Bishan |
Executive | 22–24 | 163 | Maisonette | 64y | $1,288,000 | $734 |
| Jan 2022 | Blk 275A Bishan St 24 Bishan |
5-room | 25–27 | 120 | DBSS | 88y | $1,265,000 | $979 |
| Jan 2022 | Blk 1A Cantonment Rd Central Area |
5-room | 49–51 | 105 | Type S2 | 88y | $1,260,000 | $1,115 |
| Jan 2022 | Blk 93 Dawson Rd Queenstown |
5-room | 16–18 | 122 | Premium Apartment Loft | 93y | $1,238,000 | $943 |
| Jan 2022 | Blk 7 Boon Keng Rd Kallang/Whampoa |
5-room | 31–33 | 117 | DBSS | 88y | $1,230,000 | $977 |
| Jan 2022 | Blk 2 Toh Yi Dr Bukit Timah |
Executive | 07–09 | 146 | Maisonette | 65y | $1,202,000 | $765 |
| Jan 2022 | Blk 88 Dawson Rd Queenstown |
5-room | 37–39 | 108 | Premium Apartment | 93y | $1,200,000 | $1,032 |
| Jan 2022 | Blk 18C Holland Dr Queenstown |
5-room | 22–24 | 117 | Improved | 89y | $1,180,000 | $937 |
| Jan 2022 | Blk 9 Boon Keng Rd Kallang/Whampoa |
5-room | 19–21 | 117 | DBSS | 88y | $1,180,000 | $937 |
New town records
| Block | Type | Price | Previous record |
|---|---|---|---|
| Blk 101 Bishan St 12 Bishan | Executive | $1,288,000 | $1,145,000 |
| Blk 232A Serangoon Ave 2 Serangoon | Executive | $1,150,000 | $1,055,501 |
| Blk 5 Pine Cl Geylang | 5-room | $1,020,000 | $1,008,888 |
| Blk 113B Mcnair Rd Kallang/Whampoa | 4-room | $998,000 | $960,000 |
| Blk 10F Bedok Sth Ave 2 Bedok | Executive | $980,000 | $968,000 |
| Blk 601 Elias Rd Pasir Ris | Executive | $928,000 | $870,000 |
| Blk 216B Compassvale Dr Sengkang | 5-room | $840,000 | $820,000 |
| Blk 260A Ang Mo Kio St 21 Ang Mo Kio | 4-room | $838,000 | $825,000 |
| Blk 11 Toh Yi Dr Bukit Timah | 4-room | $828,000 | $777,000 |
| Blk 519B Tampines Ctrl 8 Tampines | 4-room | $720,000 | $718,000 |
| Blk 121C Canberra St Sembawang | 5-room | $700,000 | $660,000 |
| Blk 530D Pasir Ris Dr 1 Pasir Ris | 4-room | $682,000 | $680,000 |
| Blk 139A Lor 1a Toa Payoh Toa Payoh | 3-room | $650,000 | $646,888 |
| Blk 348B Yishun Ave 11 Yishun | 4-room | $640,000 | $636,000 |
| Blk 120A Canberra Cres Sembawang | 4-room | $580,000 | $550,000 |
| Blk 818B Choa Chu Kang Ave 1 Choa Chu Kang | 4-room | $579,000 | $578,000 |
| Blk 194B Bt Batok West Ave 6 Bukit Batok | 3-room | $496,000 | $478,000 |
| Blk 348B Yishun Ave 11 Yishun | 3-room | $470,000 | $465,000 |
| Blk 261A Punggol Way Punggol | 3-room | $458,000 | $450,000 |
| Blk 590C Montreal Link Sembawang | 3-room | $388,000 | $375,000 |
| Blk 528A Pasir Ris St 51 Pasir Ris | 2-room | $340,000 | $338,000 |
| Blk 672A Yishun Ave 4 Yishun | 2-room | $302,000 | $276,000 |
| Blk 372 Jurong East St 32 Jurong East | 2-room | $300,000 | $285,000 |
| Blk 590A Montreal Link Sembawang | 2-room | $300,000 | $292,500 |
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 2022 can still be added.