Singapore HDB Resale Market
HDB Resale Market Overview (2026)
Updated Mar 2026 · 228,126 transactions · 9,694 blocks · Source: data.gov.sg
The median HDB resale price in Singapore is $490,000 as of Mar 2026, based on 228,126 transactions across 9,694 blocks in 26 towns. HDB resale prices have risen by an average of 33.4% over the past five years, with 100% of blocks showing appreciation. 917 blocks have recorded transactions above $1 million.
HDB Resale Prices by Town
All 26 HDB towns ranked by median resale price. Click any town for a detailed breakdown by flat type, street, and block.
| Town | Median Price | 5-Year Trend |
|---|---|---|
| Bukit Timah | +31.6% | |
| Queenstown | +25.2% | |
| Bishan | +35.3% | |
| Bukit Merah | +25% | |
| Kallang/Whampoa | +29.2% | |
| Pasir Ris | +35.7% | |
| Tampines | +35.9% | |
| Toa Payoh | +32.1% | |
| Serangoon | +36.5% | |
| Marine Parade | +25.1% | |
| Punggol | +39.2% | |
| Sengkang | +39.2% | |
| Central Area | +26.1% | |
| Hougang | +38.5% | |
| Choa Chu Kang | +31.4% | |
| Sembawang | +34.1% | |
| Geylang | +33.2% | |
| Bukit Panjang | +32% | |
| Woodlands | +35.5% | |
| Jurong West | +29.8% | |
| Bedok | +32.9% | |
| Jurong East | +27.4% | |
| Clementi | +26.6% | |
| Bukit Batok | +30.5% | |
| Yishun | +33.6% | |
| Ang Mo Kio | +32.9% |
HDB Resale Prices by Flat Type
Median resale prices across Singapore for each HDB flat type.
| Flat Type | Median Price | Price Range | Blocks |
|---|---|---|---|
| 1 Room | $205,000 | $205,000 – $205,000 | 1 |
| 2 Room | $380,000 | $207,500 – $828,000 | 364 |
| 3 Room | $380,000 | $213,000 – $1,280,000 | 3,060 |
| 4 Room | $479,000 | $250,000 – $1,264,000 | 7,174 |
| 5 Room | $525,000 | $260,000 – $1,264,000 | 4,786 |
| Executive | $666,500 | $295,000 – $1,228,000 | 1,384 |
| Multi-Generation | $815,000 | $375,000 – $930,000 | 8 |
What Does Your HDB Lease Mean for You?
32% of Singapore's HDB blocks (3,067 out of 9,694) have less than 60 years remaining on their lease, which triggers restrictions on CPF usage and HDB loans. These blocks have a median resale price of $400,000 — 23% lower than the $522,000 median for blocks with 60+ years remaining.
How Remaining Lease Affects CPF and Loans
| Remaining Lease | CPF Usage | HDB Loan |
|---|---|---|
| 80+ years | Full | Full |
| 60–79 years | Full | Full |
| 30–59 years | Prorated | Restricted |
| 20–29 years | Heavily restricted | Not eligible |
| Under 20 years | Not eligible | Not eligible |
CPF proration formula: maximum CPF usage = (remaining lease at purchase / youngest buyer's age to 55) x property value. Rules may change — check cpf.gov.sg for current policy.
Full Distribution
What happens when an HDB flat has less than 60 years of lease?
When an HDB flat's remaining lease drops below 60 years, CPF usage becomes prorated based on the buyer's age and remaining lease. HDB loan eligibility may also be restricted. This reduces the pool of potential buyers, which typically lowers resale prices. As of Mar 2026, 3,067 blocks (32%) have less than 60 years remaining, with a median price of $400,000 — 23% below blocks with 60+ years.
Can I use CPF to buy an old HDB flat?
Yes, but with limits. For flats with 20+ years of remaining lease, CPF can be used up to a prorated amount based on the ratio of remaining lease to the youngest buyer's age to 55. For flats with fewer than 20 years, CPF cannot be used at all. Check cpf.gov.sg for the latest rules.
How much cheaper are old HDB flats with short leases?
Blocks with less than 60 years remaining have a median resale price of $400,000, which is 23% lower than the $522,000 median for blocks with 60+ years. The discount widens as the lease gets shorter due to CPF restrictions and accelerating lease decay.
Worried about your block's lease? Search for it to see remaining years, CPF eligibility, and 10-year value projections.
Frequently Asked Questions
What is the average HDB resale price in Singapore?
The median HDB resale price across all 26 towns is $490,000 as of Mar 2026. This is based on 228,126 transactions from 9,694 blocks. Prices vary significantly by town, from $390,000 in Ang Mo Kio to $823,000 in Bukit Timah.
Which HDB town is the most expensive?
Bukit Timah has the highest median resale price at $823,000, followed by Queenstown ($720,000) and Bishan ($669,000). See the full ranking.
How much have HDB prices gone up?
HDB resale prices have risen by an average of 33.4% over the past five years. 100% of blocks with sufficient transaction data show positive price trends. Performance varies widely by town and individual block. See detailed trends by town.
How many HDB flats have sold for over $1 million?
917 HDB blocks have recorded at least one resale transaction of $1 million or more. Bukit Merah leads with the most millionaire blocks. See the full breakdown.
Where does this data come from?
All transaction data is sourced from data.gov.sg, the Singapore government's open data portal, published by the Housing and Development Board (HDB). Data is refreshed on the 1st and 15th of each month. Licensed under the Singapore Open Data Licence. Read our full methodology.
Explore Further
Find Your Block
Search any of 9,694 HDB blocks for resale prices, valuations, and lease decay projections.