HDB resale market report: Dec 2024
2,112 HDB resale flats were sold in Dec 2024, 9% more than in Nov 2024 and 5% more than a year earlier. The median 4-room flat sold for $620k ($609 per sq ft), 10.1% up on a year before per square foot. 95 flats sold for $1 million or more (48 a year earlier). 18 new town records were set.
2,112
flats sold · ▲ 9% on Nov
$615k
median price, all flats
95
sold for $1M+
18
new town records
Prices by flat type
| Flat type | Sales | Median | $psf | $psf vs Nov | $psf vs a year before |
|---|---|---|---|---|---|
| 3-room | 514 | $434k | $582 | ▼ 0.2% | ▲ 9.0% |
| 4-room | 947 | $620k | $609 | ▲ 3.2% | ▲ 10.1% |
| 5-room | 461 | $720k | $572 | ▲ 0.9% | ▲ 9.6% |
| Executive | 128 | $875k | $565 | ▲ 2.2% | ▲ 8.9% |
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 ▼ 2.9% $779 psf
- Bukit Batok ▲ 0.0% $581 psf
- Bukit Merah ▲ 3.9% $787 psf
- Jurong West ▲ 5.9% $508 psf
- Yishun ▲ 6.5% $563 psf
Median $psf over the 3 months to Dec 2024 against the same 3 months a year before, towns with at least 60 sales in both.
Busiest towns
Tampines 183 · Sengkang 167 · Woodlands 163 · Jurong West 148 · Punggol 140
Top 10 sales
| Month | Block | Type | Storey | sqm | Model | Lease left | Price | $psf |
|---|---|---|---|---|---|---|---|---|
| Dec 2024 | Blk 275A Bishan St 24 Bishan |
5-room | 31–33 | 120 | DBSS | 85y | $1,539,000 | $1,191 |
| Dec 2024 | Blk 139A Lor 1a Toa Payoh Toa Payoh |
5-room | 31–33 | 114 | DBSS | 86y | $1,500,000 | $1,222 |
| Dec 2024 | Blk 275A Bishan St 24 Bishan |
5-room | 16–18 | 120 | DBSS | 85y | $1,455,000 | $1,126 |
| Dec 2024 | Blk 1B Cantonment Rd Central Area |
4-room | 49–51 | 94 | Type S1 | 85y | $1,430,000 | $1,413 |
| Dec 2024 | Blk 1C Cantonment Rd Central Area |
4-room | 43–45 | 95 | Type S1 | 85y | $1,415,000 | $1,384 |
| Dec 2024 | Blk 1A Cantonment Rd Central Area |
4-room | 40–42 | 93 | Type S1 | 85y | $1,380,000 | $1,379 |
| Dec 2024 | Blk 138C Lor 1a Toa Payoh Toa Payoh |
5-room | 25–27 | 114 | DBSS | 86y | $1,370,000 | $1,116 |
| Dec 2024 | Blk 275A Bishan St 24 Bishan |
5-room | 01–03 | 120 | DBSS | 85y | $1,360,000 | $1,053 |
| Dec 2024 | Blk 1E Cantonment Rd Central Area |
4-room | 22–24 | 93 | Type S1 | 85y | $1,345,000 | $1,344 |
| Dec 2024 | Blk 1G Cantonment Rd Central Area |
4-room | 28–30 | 94 | Type S1 | 85y | $1,340,000 | $1,324 |
New town records
| Block | Type | Price | Previous record |
|---|---|---|---|
| Blk 183 Jelebu Rd Bukit Panjang | Executive | $1,100,000 | $1,098,888 |
| Blk 407 Serangoon Ave 1 Serangoon | 5-room | $1,060,000 | $1,030,000 |
| Blk 13 Toh Yi Dr Bukit Timah | 4-room | $920,000 | $900,000 |
| Blk 115C Alkaff Cres Toa Payoh | 3-room | $900,000 | $810,000 |
| Blk 426 Serangoon Ave 1 Serangoon | 4-room | $899,000 | $890,000 |
| Blk 519A Tampines Ctrl 8 Tampines | 4-room | $880,000 | $856,888 |
| Blk 132B Canberra View Sembawang | 4-room | $855,000 | $793,888 |
| Blk 191 Punggol Ctrl Punggol | Executive | $838,000 | $825,000 |
| Blk 101A Canberra St Sembawang | 5-room | $811,500 | $810,000 |
| Blk 817A Keat Hong Link Choa Chu Kang | 5-room | $779,000 | $768,000 |
| Blk 182B Woodlands St 13 Woodlands | 4-room | $745,000 | $728,888 |
| Blk 75 Marine Dr Marine Parade | 4-room | $711,000 | $701,000 |
| Blk 3 Tg Pagar Plaza Central Area | 3-room | $648,000 | $625,000 |
| Blk 302A Woodlands St 31 Woodlands | 3-room | $555,888 | $535,000 |
| Blk 117B Canberra Cres Sembawang | 2-room | $426,000 | $420,000 |
| Blk 445B Bt Batok West Ave 8 Bukit Batok | 2-room | $425,000 | $418,000 |
| Blk 166A Teck Whye Cres Choa Chu Kang | 2-room | $352,000 | $340,000 |
| Blk 109 Aljunied Cres Geylang | 2-room | $327,300 | $325,000 |
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 Dec 2024 can still be added.