HDB resale market report: Jan 2024
2,621 HDB resale flats were sold in Jan 2024, 31% more than in Dec 2023 and 3% more than a year earlier. The median 4-room flat sold for $565k ($553 per sq ft), 5.9% up on a year before per square foot. 74 flats sold for $1 million or more (40 a year earlier). 15 new town records were set.
2,621
flats sold · ▲ 31% on Dec
$570k
median price, all flats
74
sold for $1M+
15
new town records
Prices by flat type
| Flat type | Sales | Median | $psf | $psf vs Dec | $psf vs a year before |
|---|---|---|---|---|---|
| 3-room | 612 | $400k | $543 | ▲ 1.7% | ▲ 4.0% |
| 4-room | 1,159 | $565k | $553 | ▲ 0.0% | ▲ 5.9% |
| 5-room | 607 | $680k | $528 | ▲ 1.1% | ▲ 5.6% |
| Executive | 164 | $840k | $534 | ▲ 2.9% | ▲ 6.6% |
Medians of the month's sales. A month's mix of flats moves medians too, so small changes are noise.
Towns rising fastest
- Bukit Merah ▲ 13.8% $800 psf
- Bukit Batok ▲ 12.8% $570 psf
- Serangoon ▲ 10.1% $592 psf
- Bishan ▲ 8.7% $694 psf
- Hougang ▲ 8.3% $549 psf
Towns rising slowest
- Ang Mo Kio ▲ 0.5% $528 psf
- Clementi ▲ 1.2% $557 psf
- Sembawang ▲ 2.2% $549 psf
- Jurong East ▲ 2.3% $489 psf
- Geylang ▲ 2.6% $544 psf
Median $psf over the 3 months to Jan 2024 against the same 3 months a year before, towns with at least 60 sales in both.
Busiest towns
Sengkang 212 · Woodlands 202 · Yishun 200 · Jurong West 194 · Tampines 178
Top 10 sales
| Month | Block | Type | Storey | sqm | Model | Lease left | Price | $psf |
|---|---|---|---|---|---|---|---|---|
| Jan 2024 | Blk 139A Lor 1a Toa Payoh Toa Payoh |
5-room | 40–42 | 117 | DBSS | 87y | $1,568,888 | $1,246 |
| Jan 2024 | Blk 138C Lor 1a Toa Payoh Toa Payoh |
5-room | 31–33 | 117 | DBSS | 87y | $1,540,000 | $1,223 |
| Jan 2024 | Blk 273B Bishan St 24 Bishan |
5-room | 40–42 | 120 | DBSS | 86y | $1,458,000 | $1,129 |
| Jan 2024 | Blk 1A Cantonment Rd Central Area |
5-room | 46–48 | 105 | Type S2 | 86y | $1,450,000 | $1,283 |
| Jan 2024 | Blk 453 Sin Ming Ave Bishan |
Executive | 16–18 | 174 | Maisonette | 65y | $1,400,000 | $747 |
| Jan 2024 | Blk 102 Bishan St 12 Bishan |
Executive | 22–24 | 163 | Maisonette | 62y | $1,380,000 | $787 |
| Jan 2024 | Blk 2 Toh Yi Dr Bukit Timah |
Executive | 04–06 | 154 | Maisonette | 63y | $1,360,000 | $820 |
| Jan 2024 | Blk 95C Henderson Rd Bukit Merah |
5-room | 19–21 | 113 | Improved | 94y | $1,328,888 | $1,093 |
| Jan 2024 | Blk 275A Bishan St 24 Bishan |
5-room | 10–12 | 120 | DBSS | 86y | $1,311,000 | $1,015 |
| Jan 2024 | Blk 6 Toh Yi Dr Bukit Timah |
Executive | 07–09 | 146 | Maisonette | 64y | $1,300,000 | $827 |
New town records
| Block | Type | Price | Previous record |
|---|---|---|---|
| Blk 139A Lor 1a Toa Payoh Toa Payoh | 5-room | $1,568,888 | $1,460,000 |
| Blk 273B Bishan St 24 Bishan | 5-room | $1,458,000 | $1,430,000 |
| Blk 2 Toh Yi Dr Bukit Timah | Executive | $1,360,000 | $1,350,000 |
| Blk 61C Strathmore Ave Queenstown | 4-room | $1,200,000 | $1,188,888 |
| Blk 321 Serangoon Ave 2 Serangoon | Executive | $1,180,000 | $1,150,000 |
| Blk 216B Compassvale Dr Sengkang | 5-room | $963,000 | $955,000 |
| Blk 530B Pasir Ris Dr 1 Pasir Ris | 4-room | $816,888 | $810,000 |
| Blk 272A Sengkang Ctrl Sengkang | 4-room | $808,888 | $793,000 |
| Blk 184A Woodlands St 13 Woodlands | 5-room | $780,000 | $765,000 |
| Blk 348B Yishun Ave 11 Yishun | 4-room | $738,000 | $728,000 |
| Blk 138A Yuan Ching Rd Jurong West | 4-room | $715,000 | $702,000 |
| Blk 18D Circuit Rd Geylang | 3-room | $698,888 | $695,000 |
| Blk 530C Pasir Ris Dr 1 Pasir Ris | 3-room | $643,500 | $610,000 |
| Blk 377 Bt Batok St 31 Bukit Batok | 3-room | $550,000 | $545,000 |
| Blk 528A Pasir Ris St 51 Pasir Ris | 2-room | $395,000 | $375,000 |
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 Jan 2024 can still be added.