HDB resale market report: Mar 2022
2,262 HDB resale flats were sold in Mar 2022, 19% more than in Feb 2022 and 7% fewer than a year earlier. The median 4-room flat sold for $500k ($491 per sq ft), 8.9% up on a year before per square foot. 27 flats sold for $1 million or more (17 a year earlier). 16 new town records were set.
2,262
flats sold · ▲ 19% on Feb
$510k
median price, all flats
27
sold for $1M+
16
new town records
Prices by flat type
| Flat type | Sales | Median | $psf | $psf vs Feb | $psf vs a year before |
|---|---|---|---|---|---|
| 3-room | 545 | $360k | $494 | ▲ 3.3% | ▲ 14.1% |
| 4-room | 956 | $500k | $491 | ▲ 2.3% | ▲ 8.9% |
| 5-room | 558 | $600k | $469 | ▲ 0.2% | ▲ 7.6% |
| Executive | 168 | $718k | $467 | ▼ 2.9% | ▲ 7.4% |
Medians of the month's sales. A month's mix of flats moves medians too, so small changes are noise.
Towns rising fastest
- Kallang/Whampoa ▲ 25.6% $622 psf
- Bukit Merah ▲ 16.6% $682 psf
- Bukit Batok ▲ 16.5% $458 psf
- Sembawang ▲ 16.5% $454 psf
- Choa Chu Kang ▲ 15.9% $443 psf
Towns rising slowest
- Queenstown ▼ 1.8% $688 psf
- Bukit Panjang ▲ 1.7% $452 psf
- Jurong East ▲ 5.4% $449 psf
- Bedok ▲ 7.2% $460 psf
- Punggol ▲ 8.3% $530 psf
Median $psf over the 3 months to Mar 2022 against the same 3 months a year before, towns with at least 60 sales in both.
Busiest towns
Sengkang 190 · Punggol 165 · Yishun 160 · Choa Chu Kang 142 · Tampines 131
Top 10 sales
| Month | Block | Type | Storey | sqm | Model | Lease left | Price | $psf |
|---|---|---|---|---|---|---|---|---|
| Mar 2022 | Blk 1F Cantonment Rd Central Area |
5-room | 46–48 | 107 | Type S2 | 88y | $1,388,889 | $1,206 |
| Mar 2022 | Blk 1E Cantonment Rd Central Area |
5-room | 46–48 | 105 | Type S2 | 88y | $1,348,888 | $1,193 |
| Mar 2022 | Blk 273B Bishan St 24 Bishan |
5-room | 31–33 | 120 | DBSS | 88y | $1,270,000 | $983 |
| Mar 2022 | Blk 1F Cantonment Rd Central Area |
4-room | 43–45 | 95 | Type S1 | 88y | $1,210,000 | $1,183 |
| Mar 2022 | Blk 275A Bishan St 24 Bishan |
5-room | 04–06 | 120 | DBSS | 88y | $1,200,000 | $929 |
| Mar 2022 | Blk 2 Toh Yi Dr Bukit Timah |
Executive | 13–15 | 146 | Maisonette | 65y | $1,198,000 | $762 |
| Mar 2022 | Blk 139A Lor 1a Toa Payoh Toa Payoh |
5-room | 31–33 | 114 | DBSS | 89y | $1,180,000 | $962 |
| Mar 2022 | Blk 90 Dawson Rd Queenstown |
4-room | 40–42 | 95 | Premium Apartment Loft | 93y | $1,160,000 | $1,134 |
| Mar 2022 | Blk 1E Cantonment Rd Central Area |
4-room | 34–36 | 93 | Type S1 | 88y | $1,150,000 | $1,149 |
| Mar 2022 | Blk 138C Lor 1a Toa Payoh Toa Payoh |
5-room | 22–24 | 117 | DBSS | 89y | $1,150,000 | $913 |
New town records
| Block | Type | Price | Previous record |
|---|---|---|---|
| Blk 1F Cantonment Rd Central Area | 5-room | $1,388,889 | $1,308,000 |
| Blk 1F Cantonment Rd Central Area | 4-room | $1,210,000 | $1,205,000 |
| Blk 90 Dawson Rd Queenstown | 4-room | $1,160,000 | $1,032,888 |
| Blk 236 Lor 1 Toa Payoh Toa Payoh | Executive | $1,078,666 | $1,071,250 |
| Blk 138A Lor 1a Toa Payoh Toa Payoh | 4-room | $948,000 | $908,000 |
| Blk 788 Choa Chu Kang Nth 6 Choa Chu Kang | 5-room | $688,000 | $683,888 |
| Blk 305D Punggol Dr Punggol | 4-room | $675,000 | $635,000 |
| Blk 717B Woodlands Dr 70 Woodlands | 4-room | $610,000 | $589,988 |
| Blk 455A Ang Mo Kio St 44 Ang Mo Kio | 3-room | $608,000 | $570,000 |
| Blk 120D Canberra Cres Sembawang | 4-room | $590,000 | $580,000 |
| Blk 219 Choa Chu Kang Ctrl Choa Chu Kang | 4-room | $580,000 | $579,000 |
| Blk 475B Upp Serangoon Cres Hougang | 3-room | $568,000 | $535,000 |
| Blk 48 Moh Guan Ter Bukit Merah | 2-room | $560,000 | $510,000 |
| Blk 441B Fernvale Rd Sengkang | 2-room | $335,000 | $320,000 |
| Blk 499A Tampines Ave 9 Tampines | 2-room | $330,000 | $315,000 |
| Blk 256C Sumang Walk Punggol | 2-room | $318,000 | $315,000 |
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 Mar 2022 can still be added.