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Central Area HDB Price Trends

Central Area comprises 2 room, 3 room, 4 room, 5 room and executive HDB units. Shown below are the transactions volume trend summary and graph, broken down by month.

Central Area resale transactions trend

Resale volume summary

Type Trend
2 Room < path stroke="none" d="M0 0h24v24H0z" fill="none"/>
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 2 room, 3 room, 4 room, 5 room and executive units in Central Area has been summarised as shown below.

Average resale price trend for Central Area

Resale price summary

Type Trend
2 Room
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 Central Area. 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 Central Area, for the selected period (last 3 years).

High / low / average resale price range for Central Area
High / low / average price summary
Type Max $ Avg $ Min $
2 room $430,000 $313,947 $258,000
3 room $625,000 $459,288 $310,000
4 room $1,450,000 $877,778 $440,000
5 room $1,515,000 $1,113,940 $590,000
Executive $1,118,000 $1,034,000 $950,000

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.

2 room
Avg $ Min $ Max $ Units sold Age
$327,019 $258,000 $430,000 16 41 to 45
$297,859 $266,000 $328,000 13 51 to 55
3 room
Avg $ Min $ Max $ Units sold Age
$474,712 $388,000 $588,000 32 36 to 40
$473,559 $350,000 $625,000 64 41 to 45
$473,406 $360,000 $600,000 122 46 to 50
$395,426 $310,000 $590,000 49 51 to 55
4 room
Avg $ Min $ Max $ Units sold Age
$1,119,620 $851,000 $1,450,000 123 11 to 15
$604,407 $515,000 $680,000 12 21 to 25
$684,538 $585,000 $785,000 13 36 to 40
$657,551 $450,000 $870,088 75 41 to 45
$617,278 $575,888 $660,000 10 46 to 50
$532,629 $440,000 $788,000 14 51 to 55
5 room
Avg $ Min $ Max $ Units sold Age
$1,236,562 $980,000 $1,515,000 61 11 to 15
$733,250 $590,000 $838,000 14 21 to 25
$963,000 $928,000 $998,000 2 36 to 40
$890,600 $790,000 $980,000 5 41 to 45
$931,000 $900,000 $958,000 4 46 to 50
Executive
Avg $ Min $ Max $ Units sold Age
$1,034,000 $950,000 $1,118,000 2 36 to 40

Here's a view of the transactional data collated. For Central Area, there were a total of 631 HDB resale transactions in the last 3 years, with the latest one recorded in Jul 2024.

122631
Date Resale PSM Type Location Floor Fl. Area Model Built
Jul 2024 $680,000 $8,000 4 Room Blk 671A Klang Lane 4 Room / 85 sqm 16 to 18 85 sqm Model A 2003
Jul 2024 $1,400,000 $14,737 4 Room Blk 1E Cantonment Road 4 Room / 95 sqm 37 to 39 95 sqm Type S1 2011
Jul 2024 $780,000 $9,398 4 Room Blk 7 Tanjong Pagar Plaza 4 Room / 83 sqm 04 to 06 83 sqm Improved 1980
Jul 2024 $600,000 $6,897 4 Room Blk 26 Jalan Berseh 4 Room / 87 sqm 07 to 09 87 sqm Improved 1979
Jul 2024 $768,000 $9,253 4 Room Blk 334 Kreta Ayer Road 4 Room / 83 sqm 07 to 09 83 sqm Improved 1981
Jul 2024 $698,000 $8,410 4 Room Blk 334 Kreta Ayer Road 4 Room / 83 sqm 10 to 12 83 sqm Improved 1981
Jul 2024 $1,250,000 $12,887 4 Room Blk 1E Cantonment Road 4 Room / 97 sqm 28 to 30 97 sqm Type S1 2011
Jul 2024 $388,000 $6,929 3 Room Blk 9 Selegie Road 3 Room / 56 sqm 07 to 09 56 sqm Standard 1974
Jul 2024 $578,000 $6,352 4 Room Blk 662 Buffalo Road 4 Room / 91 sqm 10 to 12 91 sqm Improved 1982
Jul 2024 $508,000 $8,610 3 Room Blk 2 Tanjong Pagar Plaza 3 Room / 59 sqm 13 to 15 59 sqm Improved 1977
Jul 2024 $555,888 $9,265 3 Room Blk 271 Queen Street 3 Room / 60 sqm 07 to 09 60 sqm Improved 1979
Jul 2024 $360,000 $6,429 3 Room Blk 10 Selegie Road 3 Room / 56 sqm 01 to 03 56 sqm Standard 1974
Jul 2024 $510,000 $8,644 3 Room Blk 3 Tanjong Pagar Plaza 3 Room / 59 sqm 22 to 24 59 sqm Improved 1977
Jun 2024 $530,000 $6,092 3 Room Blk 668 Chander Road 3 Room / 87 sqm 10 to 12 87 sqm Model A 1984
Jun 2024 $520,000 $8,667 3 Room Blk 335A Smith Street 3 Room / 60 sqm 16 to 18 60 sqm Improved 1984
Jun 2024 $807,000 $7,686 5 Room Blk 672A Klang Lane 5 Room / 105 sqm 04 to 06 105 sqm Improved 2002
Jun 2024 $635,000 $7,299 4 Room Blk 26 Jalan Berseh 4 Room / 87 sqm 13 to 15 87 sqm Improved 1979
Jun 2024 $660,000 $8,049 4 Room Blk 262 Waterloo Street 4 Room / 82 sqm 16 to 18 82 sqm Improved 1978
Jun 2024 $760,000 $6,847 4 Room Blk 634 Veerasamy Road 4 Room / 111 sqm 10 to 12 111 sqm Model A 1985
Jun 2024 $625,000 $9,191 3 Room Blk 532 Upper Cross Street 3 Room / 68 sqm 10 to 12 68 sqm Improved 1980
Jun 2024 $1,329,000 $13,989 4 Room Blk 1A Cantonment Road 4 Room / 95 sqm 37 to 39 95 sqm Type S1 2011
Jun 2024 $388,000 $7,462 2 Room Blk 32 New Market Road 2 Room / 52 sqm 04 to 06 52 sqm Standard 1983
Jun 2024 $420,000 $7,368 3 Room Blk 4 Sago Lane 3 Room / 57 sqm 16 to 18 57 sqm Improved 1974
Jun 2024 $535,000 $9,068 3 Room Blk 5 Tanjong Pagar Plaza 3 Room / 59 sqm 10 to 12 59 sqm Improved 1977
Jun 2024 $470,000 $7,833 3 Room Blk 535 Upper Cross Street 3 Room / 60 sqm 07 to 09 60 sqm Improved 1980
Jun 2024 $590,000 $7,867 4 Room Blk 671B Klang Lane 4 Room / 75 sqm 01 to 03 75 sqm Model A 2003
Jun 2024 $498,888 $8,456 3 Room Blk 3 Tanjong Pagar Plaza 3 Room / 59 sqm 16 to 18 59 sqm Improved 1977
Jun 2024 $1,365,000 $14,521 4 Room Blk 1G Cantonment Road 4 Room / 94 sqm 43 to 45 94 sqm Type S1 2011
Jun 2024 $980,000 $7,050 5 Room Blk 639 Rowell Road 5 Room / 139 sqm 22 to 24 139 sqm Model A 1983
Jun 2024 $1,300,000 $13,684 4 Room Blk 1A Cantonment Road 4 Room / 95 sqm 16 to 18 95 sqm Type S1 2011

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

Rental transactions trend for Central Area

Rental volume summary

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

We show in this graph the average monthly rental price trend for each of the 2 room, 3 room, 4 room, 5 room and executive units in Central Area, for the last 3 years.

Average rental price trend for Central Area

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 Central Area. 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 Central Area
High / low / average rental summary
Type Max $ Avg $ Min $
2 room $3,700 $2,010 $350
3 room $4,500 $2,744 $1,000
4 room $6,000 $3,700 $1,500
5 room $7,600 $4,451 $2,300
Executive $3,100 $3,100 $3,100

Below are the transactional data collated for Central Area. There were a total of 631 HDB rental transactions in the last 3 years and the latest one recorded was recorded in Jun 2024.

1551633
Date Rental Flat Type Location Town
Jun 2024 $5,100 5 Room Blk 1B Cantonment Road 5 Room Central Area
Jun 2024 $5,000 4 Room Blk 1B Cantonment Road 4 Room Central Area
Jun 2024 $2,400 3 Room Blk 633 Veerasamy Road 3 Room Central Area
Jun 2024 $3,600 3 Room Blk 264 Waterloo Street 3 Room Central Area
Jun 2024 $3,000 3 Room Blk 8 Selegie Road 3 Room Central Area
Jun 2024 $3,100 3 Room Blk 10 Selegie Road 3 Room Central Area
Jun 2024 $2,200 3 Room Blk 4 Tanjong Pagar Plaza 3 Room Central Area
Jun 2024 $3,000 4 Room Blk 671A Klang Lane 4 Room Central Area
Jun 2024 $4,600 4 Room Blk 1C Cantonment Road 4 Room Central Area
Jun 2024 $3,500 3 Room Blk 640 Rowell Road 3 Room Central Area
Jun 2024 $3,000 3 Room Blk 1 Tanjong Pagar Plaza 3 Room Central Area
Jun 2024 $3,100 3 Room Blk 9 Selegie Road 3 Room Central Area
Jun 2024 $3,000 3 Room Blk 264 Waterloo Street 3 Room Central Area
Jun 2024 $3,300 3 Room Blk 263 Waterloo Street 3 Room Central Area
Jun 2024 $2,800 3 Room Blk 29 Kelantan Road 3 Room Central Area
Jun 2024 $2,000 3 Room Blk 640 Rowell Road 3 Room Central Area
Jun 2024 $3,100 3 Room Blk 535 Upper Cross Street 3 Room Central Area
Jun 2024 $3,400 3 Room Blk 635 Veerasamy Road 3 Room Central Area
Jun 2024 $4,000 4 Room Blk 662 Buffalo Road 4 Room Central Area
Jun 2024 $5,200 4 Room Blk 662 Buffalo Road 4 Room Central Area
Jun 2024 $3,300 3 Room Blk 9 Selegie Road 3 Room Central Area
Jun 2024 $2,600 2 Room Blk 8 Jalan Kukoh 2 Room Central Area
Jun 2024 $4,200 4 Room Blk 269B Queen Street 4 Room Central Area
Jun 2024 $3,100 3 Room Blk 668 Chander Road 3 Room Central Area
Jun 2024 $3,900 3 Room Blk 635 Veerasamy Road 3 Room Central Area
Jun 2024 $3,100 3 Room Blk 9 Jalan Kukoh 3 Room Central Area
Jun 2024 $2,800 3 Room Blk 34 Upper Cross Street 3 Room Central Area
Jun 2024 $4,100 3 Room Blk 28 Kelantan Road 3 Room Central Area
May 2024 $4,300 4 Room Blk 1B Cantonment Road 4 Room Central Area
May 2024 $2,800 5 Room Blk 672B Klang Lane 5 Room Central Area
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