HDB resale market report: Apr 2023
2,177 HDB resale flats were sold in Apr 2023, 4% fewer than in Mar 2023 and 4% fewer than a year earlier. The median 4-room flat sold for $540k ($536 per sq ft), 7.2% up on a year before per square foot. 37 flats sold for $1 million or more (22 a year earlier). 16 new town records were set.
2,177
flats sold · ▼ 4% on Mar
$550k
median price, all flats
37
sold for $1M+
16
new town records
Prices by flat type
| Flat type | Sales | Median | $psf | $psf vs Mar | $psf vs a year before |
|---|---|---|---|---|---|
| 3-room | 490 | $389k | $532 | ▲ 0.9% | ▲ 9.5% |
| 4-room | 1,002 | $540k | $536 | ▲ 0.9% | ▲ 7.2% |
| 5-room | 494 | $651k | $511 | ▲ 1.2% | ▲ 7.8% |
| Executive | 140 | $819k | $523 | ▲ 1.8% | ▲ 9.6% |
Medians of the month's sales. A month's mix of flats moves medians too, so small changes are noise.
Towns rising fastest
- Bukit Batok ▲ 25.9% $589 psf
- Sembawang ▲ 20.7% $548 psf
- Punggol ▲ 10.1% $589 psf
- Woodlands ▲ 10.1% $468 psf
- Ang Mo Kio ▲ 9.6% $524 psf
Towns rising slowest
- Kallang/Whampoa ▼ 4.0% $610 psf
- Clementi ▲ 0.1% $552 psf
- Choa Chu Kang ▲ 1.2% $453 psf
- Jurong East ▲ 2.6% $476 psf
- Serangoon ▲ 4.3% $548 psf
Median $psf over the 3 months to Apr 2023 against the same 3 months a year before, towns with at least 60 sales in both.
Busiest towns
Punggol 187 · Woodlands 178 · Sengkang 178 · Yishun 163 · Bukit Batok 139
Top 10 sales
| Month | Block | Type | Storey | sqm | Model | Lease left | Price | $psf |
|---|---|---|---|---|---|---|---|---|
| Apr 2023 | Blk 1C Cantonment Rd Central Area |
4-room | 46–48 | 95 | Type S1 | 87y | $1,400,000 | $1,369 |
| Apr 2023 | Blk 1G Cantonment Rd Central Area |
5-room | 40–42 | 106 | Type S2 | 87y | $1,400,000 | $1,227 |
| Apr 2023 | Blk 138A Lor 1a Toa Payoh Toa Payoh |
5-room | 40–42 | 114 | DBSS | 88y | $1,385,000 | $1,129 |
| Apr 2023 | Blk 138A Lor 1a Toa Payoh Toa Payoh |
5-room | 25–27 | 117 | DBSS | 88y | $1,330,000 | $1,056 |
| Apr 2023 | Blk 152 Lor 2 Toa Payoh Toa Payoh |
5-room | 37–39 | 110 | Improved | 82y | $1,288,888 | $1,089 |
| Apr 2023 | Blk 135 Bishan St 12 Bishan |
Executive | 22–24 | 163 | Maisonette | 63y | $1,270,000 | $724 |
| Apr 2023 | Blk 1A Cantonment Rd Central Area |
4-room | 46–48 | 93 | Type S1 | 87y | $1,250,000 | $1,249 |
| Apr 2023 | Blk 86 Dawson Rd Queenstown |
5-room | 37–39 | 104 | Premium Apartment | 92y | $1,250,000 | $1,117 |
| Apr 2023 | Blk 93 Dawson Rd Queenstown |
5-room | 13–15 | 122 | Premium Apartment Loft | 92y | $1,250,000 | $952 |
| Apr 2023 | Blk 440C Clementi Ave 3 Clementi |
5-room | 25–27 | 112 | Improved | 94y | $1,240,000 | $1,029 |
New town records
| Block | Type | Price | Previous record |
|---|---|---|---|
| Blk 1C Cantonment Rd Central Area | 4-room | $1,400,000 | $1,370,000 |
| Blk 138A Lor 1a Toa Payoh Toa Payoh | 5-room | $1,385,000 | $1,350,000 |
| Blk 273A Bishan St 24 Bishan | 4-room | $1,088,000 | $1,075,000 |
| Blk 289A Bt Batok St 25 Bukit Batok | Executive | $1,008,888 | $1,005,000 |
| Blk 28 Cassia Cres Geylang | 4-room | $950,000 | $868,000 |
| Blk 131B Lor 1 Toa Payoh Toa Payoh | 3-room | $785,000 | $750,000 |
| Blk 275A Compassvale Link Sengkang | 4-room | $770,000 | $762,000 |
| Blk 365A Upp Serangoon Rd Hougang | 4-room | $758,000 | $755,000 |
| Blk 272B Punggol Walk Punggol | 4-room | $728,000 | $700,888 |
| Blk 574A Woodlands Dr 16 Woodlands | 4-room | $612,888 | $610,000 |
| Blk 530C Pasir Ris Dr 1 Pasir Ris | 3-room | $590,000 | $570,000 |
| Blk 347B Yishun Ave 11 Yishun | 3-room | $533,888 | $525,000 |
| Blk 313 Shunfu Rd Bishan | 3-room | $511,000 | $508,000 |
| Blk 327A Sumang Walk Punggol | 2-room | $386,000 | $362,000 |
| Blk 528A Pasir Ris St 51 Pasir Ris | 2-room | $375,000 | $355,000 |
| Blk 9 Jln Batu Kallang/Whampoa | 2-room | $355,000 | $328,000 |
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 Apr 2023 can still be added.