HDB resale market report: Nov 2023
2,128 HDB resale flats were sold in Nov 2023, 3% fewer than in Oct 2023 and about the same as a year earlier. The median 4-room flat sold for $560k ($549 per sq ft), 5.6% up on a year before per square foot. 45 flats sold for $1 million or more (26 a year earlier). 13 new town records were set.
2,128
flats sold · ▼ 3% on Oct
$560k
median price, all flats
45
sold for $1M+
13
new town records
Prices by flat type
| Flat type | Sales | Median | $psf | $psf vs Oct | $psf vs a year before |
|---|---|---|---|---|---|
| 3-room | 529 | $400k | $539 | ▲ 1.1% | ▲ 5.9% |
| 4-room | 939 | $560k | $549 | ▲ 0.2% | ▲ 5.6% |
| 5-room | 460 | $655k | $513 | ▼ 0.2% | ▲ 3.8% |
| Executive | 145 | $821k | $530 | ▲ 0.2% | ▲ 5.6% |
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 ▲ 18.6% $575 psf
- Bukit Merah ▲ 16.7% $732 psf
- Hougang ▲ 7.5% $539 psf
- Bishan ▲ 7.4% $677 psf
- Clementi ▲ 6.2% $582 psf
Towns rising slowest
- Kallang/Whampoa ▼ 7.7% $627 psf
- Sembawang ▼ 0.0% $541 psf
- Choa Chu Kang ▲ 0.6% $469 psf
- Queenstown ▲ 1.7% $753 psf
- Bukit Panjang ▲ 2.2% $498 psf
Median $psf over the 3 months to Nov 2023 against the same 3 months a year before, towns with at least 60 sales in both.
Busiest towns
Punggol 164 · Tampines 161 · Woodlands 149 · Yishun 149 · Sengkang 146
Top 10 sales
| Month | Block | Type | Storey | sqm | Model | Lease left | Price | $psf |
|---|---|---|---|---|---|---|---|---|
| Nov 2023 | Blk 95C Henderson Rd Bukit Merah |
5-room | 31–33 | 113 | Improved | 94y | $1,460,000 | $1,200 |
| Nov 2023 | Blk 96A Henderson Rd Bukit Merah |
5-room | 43–45 | 113 | Improved | 94y | $1,450,000 | $1,192 |
| Nov 2023 | Blk 1F Cantonment Rd Central Area |
4-room | 46–48 | 95 | Type S1 | 86y | $1,330,888 | $1,302 |
| Nov 2023 | Blk 96A Henderson Rd Bukit Merah |
5-room | 04–06 | 113 | Improved | 94y | $1,305,000 | $1,073 |
| Nov 2023 | Blk 52 Jln Bahagia Kallang/Whampoa |
3-room | 01–03 | 141 | Terrace | 47y | $1,200,000 | $791 |
| Nov 2023 | Blk 96A Henderson Rd Bukit Merah |
5-room | 04–06 | 113 | Improved | 94y | $1,180,000 | $970 |
| Nov 2023 | Blk 187 Bishan St 13 Bishan |
Executive | 10–12 | 146 | Maisonette | 62y | $1,170,000 | $744 |
| Nov 2023 | Blk 80A Telok Blangah St 31 Bukit Merah |
4-room | 34–36 | 95 | Premium Apartment | 88y | $1,150,000 | $1,125 |
| Nov 2023 | Blk 7 Boon Keng Rd Kallang/Whampoa |
5-room | 28–30 | 107 | DBSS | 86y | $1,140,000 | $990 |
| Nov 2023 | Blk 311B Clementi Ave 4 Clementi |
5-room | 25–27 | 105 | DBSS | 89y | $1,120,000 | $991 |
New town records
| Block | Type | Price | Previous record |
|---|---|---|---|
| Blk 95C Henderson Rd Bukit Merah | 5-room | $1,460,000 | $1,450,000 |
| Blk 441A Clementi Ave 3 Clementi | 4-room | $1,050,000 | $988,000 |
| Blk 591A Ang Mo Kio St 51 Ang Mo Kio | 4-room | $1,010,000 | $1,000,000 |
| Blk 530D Pasir Ris Dr 1 Pasir Ris | 5-room | $980,000 | $930,800 |
| Blk 5 Toh Yi Dr Bukit Timah | 4-room | $890,000 | $888,000 |
| Blk 293C Bt Batok St 21 Bukit Batok | 4-room | $813,800 | $788,000 |
| Blk 38 Kim Pong Rd Bukit Merah | 3-room | $800,888 | $800,000 |
| Blk 305 Choa Chu Kang Ave 4 Choa Chu Kang | 5-room | $738,000 | $728,000 |
| Blk 603 Senja Rd Bukit Panjang | 4-room | $730,000 | $725,000 |
| Blk 129A Canberra St Sembawang | 4-room | $695,000 | $648,000 |
| Blk 813A Yishun Ring Rd Yishun | 3-room | $542,500 | $535,000 |
| Blk 633A Senja Rd Bukit Panjang | 3-room | $515,000 | $490,000 |
| Blk 448A Bt Batok West Ave 9 Bukit Batok | 2-room | $375,000 | $373,000 |
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 Nov 2023 can still be added.