Flat Prices

HDB resale market report: Feb 2022

1,895 HDB resale flats were sold in Feb 2022, 22% fewer than in Jan 2022 and 12% fewer than a year earlier. The median 4-room flat sold for $485k ($480 per sq ft), 8.1% up on a year before per square foot. 29 flats sold for $1 million or more (23 a year earlier). 21 new town records were set.

1,895
flats sold · ▼ 22% on Jan
$508k
median price, all flats
29
sold for $1M+
21
new town records

Prices by flat type

Flat typeSalesMedian$psf$psf vs Jan$psf vs a year before
3-room435$350k$478▼ 1.0%▲ 11.2%
4-room814$485k$480▼ 0.8%▲ 8.1%
5-room475$608k$468▲ 1.5%▲ 6.4%
Executive136$777k$481▲ 3.4%▲ 12.9%

Medians of the month's sales. A month's mix of flats moves medians too, so small changes are noise.

Towns rising fastest

  1. Kallang/Whampoa ▲ 26.4% $617 psf
  2. Bukit Merah ▲ 25.3% $678 psf
  3. Choa Chu Kang ▲ 22.9% $455 psf
  4. Sembawang ▲ 18.0% $452 psf
  5. Clementi ▲ 16.8% $546 psf

Towns rising slowest

  1. Queenstown ▼ 3.2% $682 psf
  2. Bukit Panjang ▲ 2.8% $452 psf
  3. Punggol ▲ 6.4% $521 psf
  4. Jurong East ▲ 6.6% $448 psf
  5. Toa Payoh ▲ 8.0% $489 psf

Median $psf over the 3 months to Feb 2022 against the same 3 months a year before, towns with at least 60 sales in both.

Busiest towns

Sengkang 164 · Punggol 134 · Tampines 129 · Woodlands 129 · Yishun 129

Top 10 sales

MonthBlockTypeStoreysqmModelLease leftPrice$psf
Feb 2022 Blk 1B Cantonment Rd
Central Area
5-room 46–48 107 Type S2 88y $1,308,000 $1,136
Feb 2022 Blk 139A Lor 1a Toa Payoh
Toa Payoh
5-room 37–39 117 DBSS 89y $1,288,000 $1,023
Feb 2022 Blk 1C Cantonment Rd
Central Area
5-room 31–33 106 Type S2 88y $1,268,000 $1,111
Feb 2022 Blk 9 Boon Keng Rd
Kallang/Whampoa
5-room 28–30 117 DBSS 88y $1,240,888 $985
Feb 2022 Blk 1B Cantonment Rd
Central Area
5-room 31–33 106 Type S2 88y $1,235,000 $1,082
Feb 2022 Blk 1F Cantonment Rd
Central Area
4-room 37–39 95 Type S1 88y $1,205,000 $1,178
Feb 2022 Blk 1D Cantonment Rd
Central Area
5-room 28–30 107 Type S2 88y $1,200,000 $1,042
Feb 2022 Blk 150 Mei Ling St
Queenstown
Executive 04–06 147 Maisonette 72y $1,180,000 $746
Feb 2022 Blk 18C Holland Dr
Queenstown
5-room 28–30 117 Improved 89y $1,180,000 $937
Feb 2022 Blk 138C Lor 1a Toa Payoh
Toa Payoh
5-room 22–24 114 DBSS 89y $1,180,000 $962

New town records

BlockTypePricePrevious record
Blk 1B Cantonment Rd
Central Area
5-room$1,308,000$1,288,000
Blk 139A Lor 1a Toa Payoh
Toa Payoh
5-room$1,288,000$1,240,000
Blk 1F Cantonment Rd
Central Area
4-room$1,205,000$1,200,000
Blk 652 Yishun Ave 4
Yishun
Executive$1,038,000$908,000
Blk 132 Geylang East Ave 1
Geylang
Executive$965,000$955,000
Blk 585 Pasir Ris St 53
Pasir Ris
Executive$940,000$928,000
Blk 138C Lor 1a Toa Payoh
Toa Payoh
4-room$908,000$903,000
Blk 519D Tampines Ctrl 8
Tampines
5-room$900,000$895,000
Blk 310B Ang Mo Kio Ave 1
Ang Mo Kio
4-room$868,888$838,000
Blk 120C Rivervale Dr
Sengkang
Executive$828,000$780,000
Blk 17B Circuit Rd
Geylang
4-room$818,000$815,000
Blk 163 Gangsa Rd
Bukit Panjang
5-room$802,888$776,000
Blk 421 Serangoon Ctrl
Serangoon
4-room$748,000$726,000
Blk 194A Bt Batok West Ave 6
Bukit Batok
4-room$720,000$710,000
Blk 530A Pasir Ris Dr 1
Pasir Ris
4-room$710,000$682,000
Blk 889B Woodlands Dr 50
Woodlands
5-room$690,000$685,000
Blk 138D Yuan Ching Rd
Jurong West
4-room$685,000$673,000
Blk 889D Woodlands Dr 50
Woodlands
4-room$589,988$560,000
Blk 519C Tampines Ctrl 8
Tampines
3-room$560,000$550,000
Blk 672A Yishun Ave 4
Yishun
2-room$315,000$302,000
Blk 780A Woodlands Cres
Woodlands
2-room$310,000$298,000

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 Feb 2022 can still be added.