HDB insights HDB guide

Singapore HDB resale price guide

HDB resale prices are easiest to understand when you move from the broad estate view into streets, flat types, storey ranges and floor area. The headline median is useful, but the decision gets cleaner when you compare like-for-like flats.

Data is for research and comparison only.
Resale records 979,258 Estate, street and flat-type evidence
Median resale $310,000 $285 psf median
Research coverage 27 595 streets

Start with the estate, then narrow down

An estate median gives you the first anchor. It tells you what the resale market looks like at a broad level, but it can hide very different prices for 3-room, 4-room, 5-room and executive flats.

After the estate, open the street page. Street-level data is usually more practical because buyers often compare flats within a tighter location band.

What to make of this

For HDB resale, the read should move from estate to street to flat type, then finally to the actual block story. The main anchors here are resale records 979,258 (Estate, street and flat-type evidence) and median resale $310,000 ($285 psf median). The estate median is a good first read, but the street and flat type are where the price starts to feel real.

Tampines (83,895 resale records) is the first row I would open, with transactions 83,895 and median price $330,000. If the top comparison does not match the flat type or street you care about, do not force it. A less glamorous but closer comparable is usually more useful.

What I would check next

I would move from the estate page into the street page, then filter mentally by flat type. A 4-room resale and an executive flat can make the same estate look very different.

If the asking price is above the street evidence, the flat should have a reason buyers can see: lease balance, condition, floor, view, renovation, larger area or stronger daily convenience.

Compare flat type and floor area

A 3-room flat and a 5-room flat should not be judged against the same median. Flat type, floor area and storey range can change the fair price quickly.

Use median price and median PSF together. Median price tells you the cash quantum. PSF helps normalize for size.

When the price needs more support

If an asking price is above the estate and street evidence, the flat needs a visible reason. Renovation, floor, view, MRT access, remaining lease, scarcity and condition can all matter.

If the street has thin data, widen to the estate and nearby streets before deciding the asking price is too high or too low.

Most active HDB resale estates

Start with estates where the resale evidence is deepest.

Quick answers

Short answers based on the current data view.

What is the best first number for HDB resale price?

Start with the estate median, then move to the street, flat type, storey range and floor area.

Is median price better than average price?

Median price is often cleaner because one unusually expensive or cheap flat can pull the average.

Can I use this to value one flat exactly?

No. It gives resale transaction anchors. The exact fair price still depends on flat condition, lease, floor, renovation and negotiation.