HDB resale market report: Feb 2025
2,091 HDB resale flats were sold in Feb 2025, 10% fewer than in Jan 2025 and 2% fewer than a year earlier. The median 4-room flat sold for $624k ($609 per sq ft), 9.9% up on a year before per square foot. 121 flats sold for $1 million or more (49 a year earlier). 26 new town records were set.
Prices by flat type
| Flat type | Sales | Median | $psf | $psf vs Jan | $psf vs a year before |
|---|---|---|---|---|---|
| 3-room | 536 | $442k | $595 | ▲ 1.0% | ▲ 9.0% |
| 4-room | 863 | $624k | $609 | ▲ 0.5% | ▲ 9.9% |
| 5-room | 480 | $728k | $570 | ▲ 1.4% | ▲ 10.9% |
| Executive | 130 | $900k | $576 | ▲ 2.9% | ▲ 7.7% |
Medians of the month's sales. A month's mix of flats moves medians too, so small changes are noise.
Towns rising fastest
- Toa Payoh ▲ 22.1% $698 psf
- Sembawang ▲ 15.1% $638 psf
- Tampines ▲ 14.1% $624 psf
- Sengkang ▲ 13.9% $641 psf
- Queenstown ▲ 11.9% $853 psf
Towns rising slowest
- Bukit Merah ▼ 1.8% $792 psf
- Bukit Batok ▲ 3.6% $581 psf
- Jurong West ▲ 4.1% $501 psf
- Yishun ▲ 6.7% $572 psf
- Punggol ▲ 6.7% $672 psf
Median $psf over the 3 months to Feb 2025 against the same 3 months a year before, towns with at least 60 sales in both.
Busiest towns
Sengkang 168 · Tampines 165 · Woodlands 140 · Jurong West 127 · Sembawang 126
Top 10 sales
| Month | Block | Type | Storey | sqm | Model | Lease left | Price | $psf |
|---|---|---|---|---|---|---|---|---|
| Feb 2025 | Blk 138C Lor 1a Toa Payoh Toa Payoh |
5-room | 31–33 | 117 | DBSS | 86y | $1,558,000 | $1,237 |
| Feb 2025 | Blk 1D Cantonment Rd Central Area |
5-room | 43–45 | 106 | Type S2 | 85y | $1,550,000 | $1,358 |
| Feb 2025 | Blk 138B Lor 1a Toa Payoh Toa Payoh |
5-room | 34–36 | 117 | DBSS | 86y | $1,500,000 | $1,191 |
| Feb 2025 | Blk 588D Ang Mo Kio St 52 Ang Mo Kio |
5-room | 28–30 | 119 | DBSS | 85y | $1,480,000 | $1,155 |
| Feb 2025 | Blk 2 Toh Yi Dr Bukit Timah |
Executive | 10–12 | 146 | Maisonette | 62y | $1,460,000 | $929 |
| Feb 2025 | Blk 79 Dawson Rd Queenstown |
5-room | 25–27 | 107 | Improved | 94y | $1,455,000 | $1,263 |
| Feb 2025 | Blk 273B Bishan St 24 Bishan |
5-room | 16–18 | 120 | DBSS | 85y | $1,440,000 | $1,115 |
| Feb 2025 | Blk 9A Boon Tiong Rd Bukit Merah |
5-room | 10–12 | 112 | Improved | 90y | $1,420,000 | $1,178 |
| Feb 2025 | Blk 7 Boon Keng Rd Kallang/Whampoa |
5-room | 28–30 | 107 | DBSS | 85y | $1,388,880 | $1,206 |
| Feb 2025 | Blk 312B Clementi Ave 4 Clementi |
5-room | 37–39 | 113 | Improved | 91y | $1,370,000 | $1,126 |
New town records
| Block | Type | Price | Previous record |
|---|---|---|---|
| Blk 1D Cantonment Rd Central Area | 5-room | $1,550,000 | $1,542,880 |
| Blk 588D Ang Mo Kio St 52 Ang Mo Kio | 5-room | $1,480,000 | $1,300,000 |
| Blk 2 Toh Yi Dr Bukit Timah | Executive | $1,460,000 | $1,410,000 |
| Blk 124 Potong Pasir Ave 1 Toa Payoh | Executive | $1,260,000 | $1,240,000 |
| Blk 13 Toh Yi Dr Bukit Timah | 5-room | $1,260,000 | $1,238,000 |
| Blk 118A Alkaff Cres Toa Payoh | 4-room | $1,258,888 | $1,238,888 |
| Blk 7 Pine Cl Geylang | 5-room | $1,250,000 | $1,150,000 |
| Blk 826 Yishun St 81 Yishun | Executive | $1,100,888 | $1,080,000 |
| Blk 515D Tampines Ctrl 7 Tampines | 5-room | $1,000,888 | $1,000,000 |
| Blk 407 Serangoon Ave 1 Serangoon | 4-room | $938,000 | $899,000 |
| Blk 341 Choa Chu Kang Loop Choa Chu Kang | Executive | $938,000 | $915,000 |
| Blk 126C Canberra St Sembawang | 5-room | $878,000 | $830,000 |
| Blk 274D Punggol Pl Punggol | 4-room | $808,000 | $800,000 |
| Blk 221C Bedok Ctrl Bedok | 3-room | $672,000 | $663,000 |
| Blk 279A Sengkang East Ave Sengkang | 3-room | $668,000 | $600,000 |
| Blk 316A Punggol Way Punggol | 3-room | $600,000 | $588,888 |
| Blk 117A Canberra Cres Sembawang | 3-room | $600,000 | $589,000 |
| Blk 406 Sin Ming Ave Bishan | 3-room | $599,000 | $560,000 |
| Blk 302A Woodlands St 31 Woodlands | 3-room | $568,888 | $555,888 |
| Blk 818A Choa Chu Kang Ave 1 Choa Chu Kang | 3-room | $508,888 | $490,888 |
| Blk 131C Canberra Cres Sembawang | 2-room | $445,000 | $426,000 |
| Blk 524B Tampines Ctrl 7 Tampines | 2-room | $419,000 | $395,000 |
| Blk 633D Senja Rd Bukit Panjang | 2-room | $400,000 | $386,000 |
| Blk 807B Chai Chee Rd Bedok | 2-room | $380,000 | $370,000 |
| Blk 170 Ang Mo Kio Ave 4 Ang Mo Kio | 2-room | $341,000 | $331,888 |
| Blk 51 Lor 6 Toa Payoh Toa Payoh | 2-room | $320,000 | $310,000 |
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 Feb 2025 can still be added.