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Bukit Timah HDB Price Trends

Bukit Timah is one of the most upscale and sought-after residential neighbourhoods in Singapore. Located in the central region of the city-state, Bukit Timah is known for its high-end private housing options and abundance of natural attractions.

Bukit Timah is predominantly made up of private housing developments, such as Bukit Timah Road, Hillcrest Road, and King Albert Park. These areas offer a range of luxurious landed properties, including bungalows, terrace houses, and semi-detached houses. Many of these properties come with high-end facilities, such as swimming pools, private gardens, and 24-hour security.

While Bukit Timah is primarily known for its exclusive private housing options, there are also several public housing estates located in the area, such as Bukit Timah Estate and Toh Yi Estate. These estates offer a range of flat types, from studio apartments to 5-room flats, and are popular among Singaporeans looking for affordable and convenient housing options.

Bukit Timah is home to several amenities and attractions that cater to both residents and visitors. These include:

  1. Bukit Timah Nature Reserve: a 163-hectare reserve that is home to Singapore's highest hill, Bukit Timah Hill. The reserve offers a range of hiking trails, cycling paths, and nature walks, as well as stunning views of the surrounding area.
  2. Botanic Gardens: a UNESCO World Heritage Site that is home to a range of rare and exotic plant species, as well as stunning gardens and lakes.
  3. Bukit Timah Shopping Centre: a shopping mall that offers a range of retail, dining, and entertainment options, as well as a supermarket and cinemas.
  4. Rail Corridor: a 24-kilometer trail that runs through several neighbourhoods in Singapore, including Bukit Timah. The trail is popular among hikers, cyclists, and nature enthusiasts, as it offers a unique glimpse into Singapore's railway heritage.
  5. Singapore Island Country Club: one of Singapore's most prestigious country clubs, which offers a range of high-end facilities, such as golf courses, tennis courts, and swimming pools.

Bukit Timah is a highly exclusive estate that offers a range of private housing options, as well as plenty of natural attractions and amenities. From luxurious bungalows to public housing flats, there is something for everyone in this upscale neighbourhood. Whether you're a resident or a visitor, Bukit Timah has plenty to offer in terms of comfort, convenience, and entertainment.

Bukit Timah comprises 3 room, 4 room, 5 room and executive HDB units. Shown below are the transactions volume trend summary and graph, broken down by month.

Bukit Timah resale transactions trend

Resale volume summary

Type Trend
3 Room < path stroke="none" d="M0 0h24v24H0z" fill="none"/>
4 Room < path stroke="none" d="M0 0h24v24H0z" fill="none"/>
5 Room < path stroke="none" d="M0 0h24v24H0z" fill="none"/>
Executive

In the last 3 years, the average monthly transacted resale price trend for 3 room, 4 room, 5 room and executive units in Bukit Timah has been summarised as shown below.

Average resale price trend for Bukit Timah

Resale price summary

Type Trend
3 Room
4 Room
5 Room
Executive

Displayed in the figure below are the low-high transacted price ranges for each of the flat types in Bukit Timah. The length of each bar represents the gap between the low and high prices. The blue dot on each bar indicates the average price for that flat type. Average price is calculated based on all the transaction records collated for each flat type for Bukit Timah, for the selected period (last 3 years).

High / low / average resale price range for Bukit Timah
High / low / average price summary
Type Max $ Avg $ Min $
3 room $570,000 $448,975 $335,000
4 room $890,000 $672,276 $470,000
5 room $1,210,000 $959,817 $775,000
Executive $1,410,000 $1,217,986 $1,010,000

Here, we broke down the transacted prices (low, average and high) and the units sold over the last 3 years, and grouped by flat type and age of the properties for a comparison.

3 room
Avg $ Min $ Max $ Units sold Age
$456,000 $456,000 $456,000 1 36 to 40
$418,021 $335,000 $475,000 8 46 to 50
$459,000 $400,000 $570,000 24 51 to 55
4 room
Avg $ Min $ Max $ Units sold Age
$748,348 $555,000 $890,000 41 36 to 40
$571,664 $470,000 $635,000 31 51 to 55
5 room
Avg $ Min $ Max $ Units sold Age
$960,556 $775,000 $1,210,000 30 36 to 40
$1,008,000 $1,008,000 $1,008,000 1 46 to 50
$952,000 $888,000 $1,020,000 9 51 to 55
Executive
Avg $ Min $ Max $ Units sold Age
$1,217,986 $1,010,000 $1,410,000 30 36 to 40

Here's a view of the transactional data collated. For Bukit Timah, there were a total of 175 HDB resale transactions in the last 3 years, with the latest one recorded in May 2024.

16175
Date Resale PSM Type Location Floor Fl. Area Model Built
May 2024 $1,180,000 $9,672 5 Room Blk 17 Toh Yi Drive 5 Room / 122 sqm 13 to 15 122 sqm Improved 1988
Apr 2024 $450,000 $6,164 3 Room Blk 4 Queen's Road 3 Room / 73 sqm 04 to 06 73 sqm Improved 1974
Apr 2024 $535,000 $7,039 3 Room Blk 6 Farrer Road 3 Room / 76 sqm 07 to 09 76 sqm Improved 1974
Apr 2024 $1,330,000 $9,110 Executive Blk 2 Toh Yi Drive Executive / 146 sqm 10 to 12 146 sqm Maisonette 1988
Apr 2024 $1,410,000 $9,658 Executive Blk 2 Toh Yi Drive Executive / 146 sqm 10 to 12 146 sqm Maisonette 1988
Apr 2024 $540,000 $5,934 4 Room Blk 3 Queen's Road 4 Room / 91 sqm 04 to 06 91 sqm Improved 1974
Apr 2024 $1,288,000 $8,822 Executive Blk 7 Toh Yi Drive Executive / 146 sqm 10 to 12 146 sqm Maisonette 1989
Mar 2024 $720,000 $6,923 4 Room Blk 14 Toh Yi Drive 4 Room / 104 sqm 01 to 03 104 sqm Model A 1988
Mar 2024 $450,000 $6,081 3 Room Blk 4 Queen's Road 3 Room / 74 sqm 04 to 06 74 sqm Improved 1974
Mar 2024 $1,020,000 $8,500 5 Room Blk 5 Farrer Road 5 Room / 120 sqm 10 to 12 120 sqm Standard 1974
Mar 2024 $620,000 $6,813 4 Room Blk 3 Queen's Road 4 Room / 91 sqm 07 to 09 91 sqm Improved 1974
Mar 2024 $515,000 $5,659 4 Room Blk 3 Queen's Road 4 Room / 91 sqm 01 to 03 91 sqm Improved 1974
Feb 2024 $1,270,000 $8,699 Executive Blk 10 Toh Yi Drive Executive / 146 sqm 04 to 06 146 sqm Maisonette 1989
Feb 2024 $1,100,000 $8,594 5 Room Blk 13 Toh Yi Drive 5 Room / 128 sqm 04 to 06 128 sqm Improved 1988
Feb 2024 $1,102,888 $9,040 5 Room Blk 11 Toh Yi Drive 5 Room / 122 sqm 07 to 09 122 sqm Improved 1989
Feb 2024 $600,000 $6,593 4 Room Blk 3 Queen's Road 4 Room / 91 sqm 07 to 09 91 sqm Improved 1974
Feb 2024 $1,008,000 $7,754 5 Room Blk 8 Empress Road 5 Room / 130 sqm 04 to 06 130 sqm Adjoined flat 1976
Feb 2024 $520,000 $6,842 3 Room Blk 6 Farrer Road 3 Room / 76 sqm 04 to 06 76 sqm Improved 1974
Jan 2024 $1,300,000 $8,904 Executive Blk 6 Toh Yi Drive Executive / 146 sqm 07 to 09 146 sqm Maisonette 1989
Jan 2024 $955,000 $7,958 5 Room Blk 5 Farrer Road 5 Room / 120 sqm 10 to 12 120 sqm Standard 1974
Jan 2024 $450,000 $6,081 3 Room Blk 4 Queen's Road 3 Room / 74 sqm 07 to 09 74 sqm Improved 1974
Jan 2024 $1,208,000 $8,053 Executive Blk 7 Toh Yi Drive Executive / 150 sqm 04 to 06 150 sqm Maisonette 1989
Jan 2024 $838,000 $8,058 4 Room Blk 12 Toh Yi Drive 4 Room / 104 sqm 04 to 06 104 sqm Model A 1989
Jan 2024 $850,000 $7,870 4 Room Blk 11 Toh Yi Drive 4 Room / 108 sqm 01 to 03 108 sqm Model A 1989
Jan 2024 $1,360,000 $8,831 Executive Blk 2 Toh Yi Drive Executive / 154 sqm 04 to 06 154 sqm Maisonette 1988
Jan 2024 $983,000 $8,192 5 Room Blk 1 Queen's Road 5 Room / 120 sqm 19 to 21 120 sqm Standard 1974
Dec 2023 $1,050,000 $8,607 5 Room Blk 16 Toh Yi Drive 5 Room / 122 sqm 07 to 09 122 sqm Improved 1988
Dec 2023 $1,180,000 $9,672 5 Room Blk 9 Toh Yi Drive 5 Room / 122 sqm 10 to 12 122 sqm Improved 1989
Dec 2023 $1,350,000 $9,247 Executive Blk 2 Toh Yi Drive Executive / 146 sqm 10 to 12 146 sqm Maisonette 1988
Nov 2023 $890,000 $8,558 4 Room Blk 5 Toh Yi Drive 4 Room / 104 sqm 04 to 06 104 sqm Model A 1989

The chart for the rental transactions trend is shown below, with the overall trend summarised.

Rental transactions trend for Bukit Timah

Rental volume summary

Type Trend
2 room
3 room
4 room < path stroke="none" d="M0 0h24v24H0z" fill="none"/>
5 room < path stroke="none" d="M0 0h24v24H0z" fill="none"/>
Executive

We show in this graph the average monthly rental price trend for each of the 3 room, 4 room, 5 room and executive units in Bukit Timah, for the last 3 years.

Average rental price trend for Bukit Timah

Rental price summary

Type Trend
2 room
3 room
4 room
5 room
Executive

Displayed below are the low-high rental price ranges for each of the flat types in Bukit Timah. The length of each bar represents the gap between the low and high prices. The blue dot on each bar indicates the average price for that flat type. Average rental price is calculated based on all the rental transaction records collated for each flat type for the selected period (last 3 years).

High / low / average rental price range for Bukit Timah
High / low / average rental summary
Type Max $ Avg $ Min $
2 room $1,300 $1,225 $1,150
3 room $4,100 $2,536 $900
4 room $5,500 $2,952 $700
5 room $5,300 $3,315 $1,300
Executive $5,400 $3,883 $2,700

Below are the transactional data collated for Bukit Timah. There were a total of 175 HDB rental transactions in the last 3 years and the latest one recorded was recorded in Apr 2024.

111322
Date Rental Flat Type Location Town
Apr 2024 $1,500 4 Room Blk 17 Toh Yi Drive 4 Room Bukit Timah
Apr 2024 $3,700 4 Room Blk 3 Queen's Road 4 Room Bukit Timah
Apr 2024 $4,500 4 Room Blk 17 Toh Yi Drive 4 Room Bukit Timah
Apr 2024 $2,000 5 Room Blk 16 Toh Yi Drive 5 Room Bukit Timah
Apr 2024 $4,500 5 Room Blk 9 Toh Yi Drive 5 Room Bukit Timah
Mar 2024 $3,200 3 Room Blk 3 Queen's Road 3 Room Bukit Timah
Mar 2024 $3,200 4 Room Blk 3 Queen's Road 4 Room Bukit Timah
Mar 2024 $3,900 4 Room Blk 3 Queen's Road 4 Room Bukit Timah
Mar 2024 $3,580 3 Room Blk 8 Empress Road 3 Room Bukit Timah
Mar 2024 $4,300 5 Room Blk 1 Toh Yi Drive 5 Room Bukit Timah
Mar 2024 $3,300 4 Room Blk 17 Toh Yi Drive 4 Room Bukit Timah
Mar 2024 $3,700 3 Room Blk 8 Empress Road 3 Room Bukit Timah
Mar 2024 $1,500 4 Room Blk 11 Toh Yi Drive 4 Room Bukit Timah
Mar 2024 $4,200 5 Room Blk 8 Empress Road 5 Room Bukit Timah
Mar 2024 $3,300 3 Room Blk 3 Queen's Road 3 Room Bukit Timah
Mar 2024 $4,200 5 Room Blk 5 Toh Yi Drive 5 Room Bukit Timah
Mar 2024 $3,100 3 Room Blk 8 Empress Road 3 Room Bukit Timah
Mar 2024 $4,100 4 Room Blk 2 Queen's Road 4 Room Bukit Timah
Feb 2024 $4,000 4 Room Blk 13 Toh Yi Drive 4 Room Bukit Timah
Feb 2024 $4,300 5 Room Blk 17 Toh Yi Drive 5 Room Bukit Timah
Feb 2024 $2,200 3 Room Blk 6 Farrer Road 3 Room Bukit Timah
Jan 2024 $3,809 4 Room Blk 2 Queen's Road 4 Room Bukit Timah
Jan 2024 $2,300 3 Room Blk 8 Empress Road 3 Room Bukit Timah
Jan 2024 $4,000 5 Room Blk 4 Toh Yi Drive 5 Room Bukit Timah
Jan 2024 $3,000 3 Room Blk 8 Empress Road 3 Room Bukit Timah
Jan 2024 $3,000 3 Room Blk 19 Toh Yi Drive 3 Room Bukit Timah
Dec 2023 $3,600 4 Room Blk 3 Queen's Road 4 Room Bukit Timah
Dec 2023 $2,900 4 Room Blk 16 Toh Yi Drive 4 Room Bukit Timah
Dec 2023 $3,900 4 Room Blk 3 Queen's Road 4 Room Bukit Timah
Dec 2023 $3,600 3 Room Blk 3 Queen's Road 3 Room Bukit Timah
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