Flat Prices

HDB resale market report: Sep 2022

2,578 HDB resale flats were sold in Sep 2022, 12% more than in Aug 2022 and 2% more than a year earlier. The median 4-room flat sold for $524k ($515 per sq ft), 8.4% up on a year before per square foot. 45 flats sold for $1 million or more (23 a year earlier). 29 new town records were set.

2,578
flats sold · ▲ 12% on Aug
$538k
median price, all flats
45
sold for $1M+
29
new town records

Prices by flat type

Flat typeSalesMedian$psf$psf vs Aug$psf vs a year before
3-room598$370k$511▲ 2.0%▲ 11.6%
4-room1,061$524k$515▲ 2.4%▲ 8.4%
5-room689$633k$501▲ 2.7%▲ 10.4%
Executive181$798k$507▲ 3.3%▲ 11.9%

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 ▲ 25.1% $673 psf
  2. Sembawang ▲ 21.8% $503 psf
  3. Toa Payoh ▲ 19.4% $549 psf
  4. Ang Mo Kio ▲ 13.2% $504 psf
  5. Sengkang ▲ 13.2% $529 psf

Towns rising slowest

  1. Bukit Merah ▼ 2.4% $610 psf
  2. Clementi ▲ 4.0% $550 psf
  3. Geylang ▲ 4.7% $518 psf
  4. Choa Chu Kang ▲ 5.0% $468 psf
  5. Bukit Panjang ▲ 5.1% $480 psf

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

Busiest towns

Sengkang 213 · Yishun 204 · Punggol 196 · Woodlands 195 · Jurong West 159

Top 10 sales

MonthBlockTypeStoreysqmModelLease leftPrice$psf
Sep 2022 Blk 273A Bishan St 24
Bishan
5-room 16–18 120 DBSS 87y $1,330,000 $1,030
Sep 2022 Blk 96A Henderson Rd
Bukit Merah
5-room 37–39 113 Improved 95y $1,320,000 $1,085
Sep 2022 Blk 1C Cantonment Rd
Central Area
5-room 31–33 105 Type S2 87y $1,288,888 $1,140
Sep 2022 Blk 6 Toh Yi Dr
Bukit Timah
Executive 07–09 146 Maisonette 65y $1,280,000 $814
Sep 2022 Blk 453 Sin Ming Ave
Bishan
Executive 16–18 162 Maisonette 66y $1,280,000 $734
Sep 2022 Blk 7 Boon Keng Rd
Kallang/Whampoa
5-room 34–36 109 DBSS 87y $1,280,000 $1,091
Sep 2022 Blk 138B Lor 1a Toa Payoh
Toa Payoh
5-room 25–27 117 DBSS 88y $1,280,000 $1,016
Sep 2022 Blk 9B Boon Tiong Rd
Bukit Merah
5-room 16–18 112 Improved 92y $1,280,000 $1,062
Sep 2022 Blk 139A Lor 1a Toa Payoh
Toa Payoh
5-room 28–30 117 DBSS 88y $1,270,000 $1,008
Sep 2022 Blk 148 Mei Ling St
Queenstown
Executive 22–24 156 Apartment 71y $1,250,000 $744

New town records

BlockTypePricePrevious record
Blk 6 Toh Yi Dr
Bukit Timah
Executive$1,280,000$1,238,000
Blk 130 Pasir Ris St 11
Pasir Ris
Executive$1,238,000$1,138,888
Blk 268C Punggol Field
Punggol
5-room$1,198,000$970,000
Blk 48 Bendemeer Rd
Kallang/Whampoa
Executive$1,095,000$990,000
Blk 124 Potong Pasir Ave 1
Toa Payoh
Executive$1,088,888$1,078,666
Blk 237 Hougang St 21
Hougang
Executive$1,080,000$1,072,888
Blk 856D Tampines St 82
Tampines
Executive$1,013,113$998,000
Blk 131B Lor 1 Toa Payoh
Toa Payoh
4-room$1,010,101$995,000
Blk 312C Clementi Ave 4
Clementi
4-room$981,000$963,888
Blk 287C Jurong East St 21
Jurong East
Executive$960,000$955,000
Blk 633 Yishun St 61
Yishun
Multi-gen$880,000$868,000
Blk 282B Sengkang East Ave
Sengkang
5-room$878,000$872,000
Blk 257 Serangoon Ctrl Dr
Serangoon
4-room$800,000$788,000
Blk 95B Henderson Rd
Bukit Merah
3-room$790,000$780,000
Blk 588B Montreal Dr
Sembawang
Executive$735,000$705,000
Blk 530A Pasir Ris Dr 1
Pasir Ris
4-room$730,000$710,000
Blk 691D Woodlands Dr 73
Woodlands
5-room$728,888$692,000
Blk 816A Keat Hong Link
Choa Chu Kang
5-room$722,000$700,000
Blk 274A Punggol Pl
Punggol
4-room$680,000$675,000
Blk 455A Ang Mo Kio St 44
Ang Mo Kio
3-room$650,000$630,000
Blk 818A Choa Chu Kang Ave 1
Choa Chu Kang
4-room$600,000$580,000
Blk 748A Bedok Reservoir Cres
Bedok
3-room$580,000$565,000
Blk 194B Bt Batok West Ave 6
Bukit Batok
3-room$530,000$510,000
Blk 130B Canberra Cres
Sembawang
3-room$470,000$452,000
Blk 418A Fernvale Link
Sengkang
2-room$376,000$345,000
Blk 560A Jurong West St 42
Jurong West
2-room$350,000$325,000
Blk 808B Chai Chee Rd
Bedok
2-room$350,000$340,000
Blk 327A Sumang Walk
Punggol
2-room$338,000$324,000
Blk 986A Buangkok Cres
Hougang
2-room$312,800$299,000

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 Sep 2022 can still be added.