HDB resale market report: May 2024
2,490 HDB resale flats were sold in May 2024, 5% more than in Apr 2024 and 11% more than a year earlier. The median 4-room flat sold for $580k ($568 per sq ft), 6.4% up on a year before per square foot. 73 flats sold for $1 million or more (34 a year earlier). 22 new town records were set.
2,490
flats sold · ▲ 5% on Apr
$580k
median price, all flats
73
sold for $1M+
22
new town records
Prices by flat type
| Flat type | Sales | Median | $psf | $psf vs Apr | $psf vs a year before |
|---|---|---|---|---|---|
| 3-room | 647 | $405k | $554 | ▲ 0.5% | ▲ 6.3% |
| 4-room | 1,050 | $580k | $568 | ▲ 2.3% | ▲ 6.4% |
| 5-room | 556 | $684k | $534 | ▲ 1.3% | ▲ 3.9% |
| Executive | 175 | $840k | $541 | ▼ 0.7% | ▲ 4.8% |
Medians of the month's sales. A month's mix of flats moves medians too, so small changes are noise.
Towns rising fastest
Towns rising slowest
- Queenstown ▼ 7.5% $723 psf
- Bukit Batok ▼ 2.7% $579 psf
- Bukit Merah ▼ 0.5% $743 psf
- Clementi ▲ 0.6% $557 psf
- Geylang ▲ 2.9% $557 psf
Median $psf over the 3 months to May 2024 against the same 3 months a year before, towns with at least 60 sales in both.
Busiest towns
Tampines 188 · Sengkang 176 · Woodlands 169 · Jurong West 165 · Punggol 163
Top 10 sales
| Month | Block | Type | Storey | sqm | Model | Lease left | Price | $psf |
|---|---|---|---|---|---|---|---|---|
| May 2024 | Blk 1C Cantonment Rd Central Area |
5-room | 37–39 | 106 | Type S2 | 86y | $1,515,000 | $1,328 |
| May 2024 | Blk 286 Bishan St 24 Bishan |
Executive | 22–24 | 172 | Maisonette | 67y | $1,500,000 | $810 |
| May 2024 | Blk 275A Bishan St 24 Bishan |
5-room | 22–24 | 120 | DBSS | 86y | $1,500,000 | $1,161 |
| May 2024 | Blk 1C Cantonment Rd Central Area |
4-room | 46–48 | 93 | Type S1 | 86y | $1,450,000 | $1,448 |
| May 2024 | Blk 241 Bishan St 22 Bishan |
Executive | 07–09 | 141 | Apartment | 67y | $1,448,000 | $954 |
| May 2024 | Blk 138C Lor 1a Toa Payoh Toa Payoh |
5-room | 16–18 | 110 | DBSS | 87y | $1,310,000 | $1,106 |
| May 2024 | Blk 187 Bishan St 13 Bishan |
Executive | 10–12 | 146 | Maisonette | 62y | $1,305,000 | $830 |
| May 2024 | Blk 89 Tanglin Halt Rd Queenstown |
5-room | 19–21 | 110 | Improved | 83y | $1,250,000 | $1,056 |
| May 2024 | Blk 1B Cantonment Rd Central Area |
4-room | 10–12 | 93 | Type S1 | 86y | $1,248,888 | $1,248 |
| May 2024 | Blk 219 Bishan St 23 Bishan |
Executive | 07–09 | 146 | Maisonette | 67y | $1,242,000 | $790 |
New town records
| Block | Type | Price | Previous record |
|---|---|---|---|
| Blk 1C Cantonment Rd Central Area | 5-room | $1,515,000 | $1,480,000 |
| Blk 286 Bishan St 24 Bishan | Executive | $1,500,000 | $1,480,000 |
| Blk 275A Bishan St 24 Bishan | 5-room | $1,500,000 | $1,458,000 |
| Blk 1C Cantonment Rd Central Area | 4-room | $1,450,000 | $1,410,888 |
| Blk 48 Bendemeer Rd Kallang/Whampoa | Executive | $1,200,000 | $1,146,000 |
| Blk 133 Geylang East Ave 1 Geylang | Executive | $1,088,888 | $1,060,000 |
| Blk 590B Ang Mo Kio St 51 Ang Mo Kio | 4-room | $1,029,991 | $1,018,888 |
| Blk 83B Circuit Rd Geylang | 4-room | $990,000 | $950,000 |
| Blk 194A Bt Batok West Ave 6 Bukit Batok | 5-room | $958,000 | $950,000 |
| Blk 220B Bedok Ctrl Bedok | 4-room | $893,000 | $888,888 |
| Blk 530D Pasir Ris Dr 1 Pasir Ris | 4-room | $828,000 | $816,888 |
| Blk 183B Woodlands St 13 Woodlands | 5-room | $826,000 | $820,000 |
| Blk 58 Havelock Rd Bukit Merah | 3-room | $818,000 | $800,888 |
| Blk 277C Compassvale Link Sengkang | 4-room | $815,000 | $808,888 |
| Blk 131B Lor 1 Toa Payoh Toa Payoh | 3-room | $800,000 | $795,000 |
| Blk 83B Circuit Rd Geylang | 3-room | $725,000 | $720,000 |
| Blk 116A Canberra Cres Sembawang | 4-room | $718,888 | $701,888 |
| Blk 818A Choa Chu Kang Ave 1 Choa Chu Kang | 4-room | $640,000 | $638,888 |
| Blk 116 Bishan St 12 Bishan | 3-room | $560,000 | $530,000 |
| Blk 26 Ghim Moh Link Queenstown | 2-room | $525,000 | $490,000 |
| Blk 240A Jurong East Ave 1 Jurong East | 3-room | $520,000 | $495,000 |
| Blk 633D Senja Rd Bukit Panjang | 2-room | $386,000 | $335,000 |
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 May 2024 can still be added.