HDB resale market report: Sep 2025
2,174 HDB resale flats were sold in Sep 2025, 1% fewer than in Aug 2025 and 1% fewer than a year earlier. The median 4-room flat sold for $640k ($626 per sq ft), 4.5% up on a year before per square foot. 172 flats sold for $1 million or more (106 a year earlier). 8 new town records were set.
2,174
flats sold · ▼ 1% on Aug
$645k
median price, all flats
172
sold for $1M+
8
new town records
Prices by flat type
| Flat type | Sales | Median | $psf | $psf vs Aug | $psf vs a year before |
|---|---|---|---|---|---|
| 3-room | 474 | $439k | $594 | ▼ 2.1% | ▲ 2.2% |
| 4-room | 964 | $640k | $626 | ▲ 1.3% | ▲ 4.5% |
| 5-room | 532 | $749k | $587 | ▲ 1.6% | ▲ 5.2% |
| Executive | 142 | $915k | $586 | ▲ 1.2% | ▲ 5.8% |
Medians of the month's sales. A month's mix of flats moves medians too, so small changes are noise.
Towns rising fastest
- Queenstown ▲ 24.8% $929 psf
- Toa Payoh ▲ 22.0% $736 psf
- Sembawang ▲ 10.5% $619 psf
- Bukit Panjang ▲ 10.0% $591 psf
- Clementi ▲ 8.8% $624 psf
Towns rising slowest
- Geylang ▼ 3.2% $619 psf
- Bukit Merah ▼ 2.1% $795 psf
- Bukit Batok ▲ 1.2% $606 psf
- Jurong East ▲ 2.6% $546 psf
- Ang Mo Kio ▲ 3.0% $583 psf
Median $psf over the 3 months to Sep 2025 against the same 3 months a year before, towns with at least 60 sales in both.
Busiest towns
Tampines 166 · Sengkang 154 · Woodlands 153 · Punggol 151 · Yishun 136
Top 10 sales
| Month | Block | Type | Storey | sqm | Model | Lease left | Price | $psf |
|---|---|---|---|---|---|---|---|---|
| Sep 2025 | Blk 1A Cantonment Rd Central Area |
5-room | 40–42 | 107 | Type S2 | 84y | $1,590,000 | $1,381 |
| Sep 2025 | Blk 9A Boon Tiong Rd Bukit Merah |
5-room | 31–33 | 112 | Improved | 89y | $1,580,000 | $1,311 |
| Sep 2025 | Blk 275A Bishan St 24 Bishan |
5-room | 31–33 | 120 | DBSS | 84y | $1,550,000 | $1,200 |
| Sep 2025 | Blk 7 Boon Keng Rd Kallang/Whampoa |
5-room | 25–27 | 119 | DBSS | 84y | $1,540,000 | $1,202 |
| Sep 2025 | Blk 139B Lor 1a Toa Payoh Toa Payoh |
5-room | 40–42 | 117 | DBSS | 85y | $1,540,000 | $1,223 |
| Sep 2025 | Blk 1E Cantonment Rd Central Area |
4-room | 46–48 | 93 | Type S1 | 84y | $1,490,000 | $1,488 |
| Sep 2025 | Blk 1B Cantonment Rd Central Area |
4-room | 22–24 | 93 | Type S1 | 84y | $1,450,000 | $1,448 |
| Sep 2025 | Blk 588A Ang Mo Kio St 52 Ang Mo Kio |
5-room | 28–30 | 120 | DBSS | 84y | $1,435,000 | $1,111 |
| Sep 2025 | Blk 105B Bidadari Pk Dr Toa Payoh |
5-room | 16–18 | 114 | Improved | 93y | $1,430,000 | $1,165 |
| Sep 2025 | Blk 7 Boon Keng Rd Kallang/Whampoa |
5-room | 10–12 | 119 | DBSS | 84y | $1,402,888 | $1,095 |
New town records
| Block | Type | Price | Previous record |
|---|---|---|---|
| Blk 7 Boon Keng Rd Kallang/Whampoa | 5-room | $1,540,000 | $1,490,000 |
| Blk 445B Clementi Ave 3 Clementi | 4-room | $1,280,880 | $1,280,000 |
| Blk 519D Tampines Ctrl 8 Tampines | 5-room | $1,068,000 | $1,050,000 |
| Blk 185 Jelebu Rd Bukit Panjang | 4-room | $868,000 | $850,000 |
| Blk 429B Bedok Nth Rd Bedok | 3-room | $740,888 | $730,000 |
| Blk 138A Yuan Ching Rd Jurong West | 3-room | $600,000 | $595,000 |
| Blk 203 Serangoon Ctrl Serangoon | 3-room | $588,000 | $570,000 |
| Blk 23 Teban Gdns Rd Jurong East | 2-room | $370,000 | $368,000 |
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 Sep 2025 can still be added.