Data

HDB Resale Prices by Town: Latest Median Data

Aerial view of varied HDB blocks across several Singapore towns under soft daylight
Short answer

Across the latest 12 months of official data.gov.sg transactions (Nov 2025–Oct 2026), the islandwide median 4-room HDB resale price was $630,000, ranging from about $534,500 in Jurong West to over $1 million in Queenstown and Toa Payoh.

Where you buy decides most of what you pay for the same flat. This page sets out the median HDB resale price by town, computed directly from the official data.gov.sg transactions dataset, so you can see the real spread before you shortlist an estate. The figures below cover the twelve completed months from November 2025 to October 2026 — 25,490 registered resale deals — and are medians of actual transacted prices, not asking prices or estimates.

4-room resale median by town (latest 12 months)

The 4-room flat is the islandwide benchmark, with 11,103 sales in the window, so it is the cleanest town-to-town comparison. The gap is wide: central and mature estates sit near or above $1 million, while outer towns cluster around $550,000. Only towns with at least 20 four-room sales in the window are shown, so each figure rests on a real sample.

4-room HDB resale median by town

Median 4-room resale price by town, 12 months to October 2026.

Town Median 4-room Sales (n)
Queenstown $1,030,000 323
Toa Payoh $1,000,888 428
Bukit Merah $938,000 403
Kallang/Whampoa $900,000 316
Central Area $870,000 81
Bishan $788,000 200
Punggol $680,000 871
Tampines $665,500 922
Sengkang $640,000 864
Bedok $600,000 539
Yishun $550,000 797
Woodlands $548,000 893
Jurong West $534,500 592

A 4-room in Queenstown transacts at roughly double a 4-room in Jurong West. That is not a quality gap in the flats — it is location, remaining lease and buyer competition priced in.

The spread: Queenstown to Jurong West

The headline you will see quoted — a “million-dollar HDB” — is real but unrepresentative. In the central towns the median 4-room has crossed into seven figures, meaning half of all sales there are above $1 million. In the large heartland towns where most Singaporeans actually buy — Tampines, Sengkang, Woodlands, Jurong West — the median 4-room runs between about $534,500 and $665,500. When you read a national average, remember it is pulled upward by the central minority.

Median by flat type, islandwide

Flat size moves the price as much as the town. Across the same 12-month window, the islandwide medians by flat type were:

Islandwide median by flat type: 2-room $375,000; 3-room $440,000; 4-room $630,000; 5-room $745,000; Executive $915,500

Islandwide median HDB resale price by flat type.

  • 2-room: $375,000
  • 3-room: $440,000
  • 4-room: $630,000
  • 5-room: $745,000
  • Executive: $915,500

A 5-room costs roughly $115,000 more than a 4-room at the median, and an executive flat about $285,000 more. If budget is the constraint, dropping one room type usually saves more than moving one town outward.

How to read these numbers

Two habits keep you from being misled.

First, use the median, not the average. The median is the middle transaction: half of sales sit above it, half below. Because a small number of very expensive sales pull a simple average upward, the median is the honest “typical” price. Every figure on this page is a median.

Second, a town median is a starting point, not a valuation. It blends high and low floors, long and short remaining leases, and renovated and original units. Your own flat could sit a long way either side of it.

What a town median hides

Two 4-room flats in the same town can differ by hundreds of thousands of dollars. The drivers, in rough order:

  1. Remaining lease. A newly-reached-MOP flat with most of its 99-year lease intact is worth materially more than a nearby older flat with a much shorter lease, and a short lease also limits the buyer’s CPF use and loan tenure. See how this plays out in HDB lease decay and flat value.
  2. Storey and facing. A high floor in the same block commands a premium; an unblocked outlook adds more.
  3. Flat model and floor area. “4-room” spans several models and sizes.
  4. Renovation condition. This matters least to the valuation — it tends to speed a sale rather than lift the price.

Find your own comparables

The numbers here come straight from the HDB resale transactions dataset on data.gov.sg, which records every registered resale by month, town, flat type, block, storey range, floor area and remaining lease, from January 2017 onwards. To build your own shortlist:

  1. Open the dataset and filter by town and flat type.
  2. Narrow to the last six months for current conditions.
  3. Note the range, not just one sale, and compare storeys and leases.

If you are weighing a resale flat against a new one, our BTO versus resale comparison sets these medians against BTO price ranges, and the full cost of buying an HDB flat adds stamp duty, legal and valuation fees on top.

Is the market up or down in 2026?

Prices are high but no longer climbing. The official HDB Resale Price Index (base 1Q2009 = 100) stood at 202.5 in Q3 2026, down about 0.15% on the previous quarter, after peaking at 203.7 in Q3 2025. In other words, the market has flattened near its top rather than fallen sharply. That is why a town median from a year ago can now overstate what a valuer will support — always anchor on the most recent sales.

Where the numbers come from

  • data.gov.sg — Resale Flat Prices (Jan 2017 onwards): the raw transactions behind every median here.
  • data.gov.sg — HDB Resale Price Index (quarterly): the official market benchmark.

Both refresh regularly, so this page is a snapshot dated to its sources. For the multi-year picture by flat type, see our HDB resale price trend by flat type.

Frequently asked questions

Why is the median different from the average price I see quoted? The average is dragged up by a minority of very expensive sales. The median — the middle transaction — is the typical price, so we use it throughout.

Why are some towns missing from the table? A town needs at least 20 four-room sales in the 12-month window to appear. Thin samples produce unstable medians, so we leave them out rather than mislead.

Does a high town median mean I will pay that much? No. It is the midpoint for the whole town. Your flat’s lease, storey and model can place it well above or below, which is why you should drill to block-level transactions.

How current is this data? It covers November 2025 to October 2026 and is dated to its data.gov.sg sources. The dataset updates monthly, and the newest month can still receive late registrations.

General information using official data, not financial or property advice. Figures change — check data.gov.sg for current numbers. We do not represent buyers or sellers.

Sources

  1. Resale Flat Prices (Based on Registration Date), From Jan 2017 onwards — data.gov.sg / Housing & Development Board (as of November 2026)
  2. HDB Resale Price Index (1Q2009 = 100), Quarterly — data.gov.sg / Housing & Development Board (as of November 2026)
  3. Buying an HDB Flat on Your Own (Request for Value) — Council for Estate Agencies (as of November 2026)
  4. Buyer's Stamp Duty (for Property) — Inland Revenue Authority of Singapore (as of November 2026)
  5. Measures to Cool the HDB Resale Market and Provide More Support for First-Time Home Buyers — Ministry of National Development / HDB (as of November 2026)