HDB resale market report: Mar 2024
2,046 HDB resale flats were sold in Mar 2024, 4% fewer than in Feb 2024 and 10% fewer than a year earlier. The median 4-room flat sold for $570k ($563 per sq ft), 6.0% up on a year before per square foot. 60 flats sold for $1 million or more (39 a year earlier). 17 new town records were set.
2,046
flats sold · ▼ 4% on Feb
$572k
median price, all flats
60
sold for $1M+
17
new town records
Prices by flat type
| Flat type | Sales | Median | $psf | $psf vs Feb | $psf vs a year before |
|---|---|---|---|---|---|
| 3-room | 488 | $405k | $542 | ▼ 0.7% | ▲ 2.8% |
| 4-room | 864 | $570k | $563 | ▲ 1.6% | ▲ 6.0% |
| 5-room | 503 | $669k | $524 | ▲ 1.9% | ▲ 3.8% |
| Executive | 129 | $830k | $534 | ▼ 0.2% | ▲ 3.9% |
Medians of the month's sales. A month's mix of flats moves medians too, so small changes are noise.
Towns rising fastest
- Serangoon ▲ 8.7% $598 psf
- Kallang/Whampoa ▲ 7.9% $658 psf
- Hougang ▲ 7.8% $549 psf
- Tampines ▲ 7.5% $553 psf
- Sembawang ▲ 7.5% $558 psf
Towns rising slowest
- Queenstown ▼ 3.0% $726 psf
- Bukit Batok ▼ 0.2% $570 psf
- Ang Mo Kio ▲ 1.8% $534 psf
- Clementi ▲ 2.1% $564 psf
- Toa Payoh ▲ 3.2% $561 psf
Median $psf over the 3 months to Mar 2024 against the same 3 months a year before, towns with at least 60 sales in both.
Busiest towns
Jurong West 163 · Tampines 159 · Punggol 149 · Yishun 148 · Sengkang 140
Top 10 sales
| Month | Block | Type | Storey | sqm | Model | Lease left | Price | $psf |
|---|---|---|---|---|---|---|---|---|
| Mar 2024 | Blk 9A Boon Tiong Rd Bukit Merah |
5-room | 19–21 | 112 | Improved | 91y | $1,450,000 | $1,203 |
| Mar 2024 | Blk 1E Cantonment Rd Central Area |
5-room | 16–18 | 107 | Type S2 | 86y | $1,378,888 | $1,197 |
| Mar 2024 | Blk 1A Cantonment Rd Central Area |
4-room | 46–48 | 97 | Type S1 | 86y | $1,370,000 | $1,312 |
| Mar 2024 | Blk 1G Cantonment Rd Central Area |
4-room | 31–33 | 95 | Type S1 | 86y | $1,350,000 | $1,320 |
| Mar 2024 | Blk 273B Bishan St 24 Bishan |
5-room | 04–06 | 120 | DBSS | 86y | $1,320,000 | $1,022 |
| Mar 2024 | Blk 62A Strathmore Ave Queenstown |
5-room | 07–09 | 117 | Improved | 86y | $1,280,000 | $1,016 |
| Mar 2024 | Blk 312A Clementi Ave 4 Clementi |
5-room | 37–39 | 113 | Improved | 92y | $1,260,000 | $1,036 |
| Mar 2024 | Blk 1B Cantonment Rd Central Area |
4-room | 16–18 | 93 | Type S1 | 86y | $1,220,000 | $1,219 |
| Mar 2024 | Blk 440C Clementi Ave 3 Clementi |
5-room | 04–06 | 112 | Improved | 93y | $1,210,000 | $1,004 |
| Mar 2024 | Blk 312B Clementi Ave 4 Clementi |
5-room | 22–24 | 113 | Improved | 92y | $1,210,000 | $995 |
New town records
| Block | Type | Price | Previous record |
|---|---|---|---|
| Blk 321 Serangoon Ave 2 Serangoon | Executive | $1,208,000 | $1,180,000 |
| Blk 666 Yishun Ave 4 Yishun | Multi-gen | $1,200,000 | $1,080,000 |
| Blk 237 Hougang St 21 Hougang | Executive | $1,150,000 | $1,080,000 |
| Blk 131B Lor 1 Toa Payoh Toa Payoh | 4-room | $1,150,000 | $1,100,000 |
| Blk 10B Bedok Sth Ave 2 Bedok | Executive | $1,150,000 | $1,110,888 |
| Blk 454 Tampines St 42 Tampines | Multi-gen | $1,060,000 | $990,000 |
| Blk 216A Compassvale Dr Sengkang | 5-room | $968,000 | $963,000 |
| Blk 310 Canberra Rd Sembawang | Executive | $850,000 | $810,000 |
| Blk 274B Punggol Pl Punggol | 4-room | $800,000 | $778,888 |
| Blk 119A Canberra Cres Sembawang | 5-room | $768,888 | $760,000 |
| Blk 817C Keat Hong Link Choa Chu Kang | 4-room | $638,888 | $638,000 |
| Blk 813A Yishun Ring Rd Yishun | 3-room | $560,000 | $550,000 |
| Blk 289A Punggol Pl Punggol | 3-room | $560,000 | $530,000 |
| Blk 323 Serangoon Ave 3 Serangoon | 3-room | $530,000 | $505,000 |
| Blk 116A Canberra Cres Sembawang | 2-room | $400,000 | $370,000 |
| Blk 327C Sumang Walk Punggol | 2-room | $390,000 | $386,000 |
| Blk 372 Jurong East St 32 Jurong East | 2-room | $338,000 | $336,000 |
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 2024 can still be added.