HDB Resale and Rental Analysis (Updated on 01 Dec 2023)

Million-dollar resale transactions (last 3 months)

Million-dollar HDB resale flats have been on the rise these recent years. These flats attract high prices due to their unique features, strategic locations, or other exceptional qualities. The more evident towns with higher HDB resale price are the mature ones such as Kallang / Whampoa, Toa Payoh, Bishan and Bukit Merah. Generally, if the flat is nearer to the central of Singapore, it has higher potential of fetching a higher resale price the flat. That said, newer flats in the not-so-centralised towns (eg; Yishun and Bukit Batok) also have good potential of crossing the million-dollar mark. Shown below is a breakdown of the number of million-dollar transactions in each of the HDB towns recorded in the last 3 months.

Let's now take a look at the HDB resale price and details of the 86 million-dollar transactions recorded for the last 3 months. To take a closer look at each transaction, you can use the search box to filter out the transactions you are interested in.

All HDB resale and rental transactions (last 3 months)

This section identifies the top-performing HDB towns by the number of resale and rental transactions in the last 3 months. The hottest towns in the recent months have been largely the same - the likes of Punggol, Sengkang, Yishun and Bukit Batok. To see a comparison of the top 5 performing towns, you can click on the "Compare top 5 towns" button.

The top performing towns seen over the last 3 months comprises transactions from 530 HDB projects. Take a look at the project details in the table below. You can also compare the top 5 projects by clicking the "Compare top 5 projects" button.

Average resale and rental price by flat types (last 3 months)

Next, we will look at the average HDB resale and rental price grouped by the type of flat. Generally, flat prices are higher for bigger flat types. However, depending on location and other factors, some 3-room and 4-room flats in popular towns can sometimes fetch a higher resale price than 5-room flats in less popular towns.

Resale and rental transactions by flat types (last 3 months)

This section shows you the number of resale and rental transactions grouped by flat types. As evident in the graph below, 4-room flats are the most popular given the balance in pricing and size as well as the abundance this flat type.

HDB resale and rental price and transactions within 300 metres of MRT stations (last 3 months)

A big consideration for any HDB flat buyer/tenant is accessibility. The proximity to MRT stations is a good measure of accessibility for any HDB dweller, given that many are daily MRT commuters. Here's an overview of the HDB prices and number of units sold/rented for flats within 300 metres of every MRT station.

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