- HDB resale price increases 0.8% in March 2021 compared to February 2021. Mature and Non-Mature Estates prices increase 0.9% and 0.7% respectively, as compared to February 2021. In terms of room types, 3 Room, 4 Room, 5 Room and Executive prices increase by 1.5%, 1.2%, 0.8% and 1.4% respectively.
According to the SRX Property Price Index for HDB Resale:
- Year-on-year, the overall price increase is 9.5%.
- Year-on-year, prices for all room types increase in March 2021: 3 Room by 11.0%, 4 Room by 9.1%, 5 Room by 8.8% and Executive by 6.9%.
- Mature and Non-Mature Estates prices increase by 8.1% and 10.4% respectively from a year ago.
- March 2021 prices are 4.9% lower than the peak in April 2013.
- 2,448 HDB resale transactions in March 2021, representing a 13.1% increase from February 2021.
- Year-on-year, resale volume in March 2021 is 25.6% higher than the previous year.
- Breaking down by room types, in March 2021, 43.3% of the volume comes from HDB 4 Room, 25.5% from 5 Room, 22.9% from 3 Room and 7.0% from Executive. The rest are from 1 Room, 2 Room and Multi-Gen.
- The highest transacted price for a resale flat in the month is achieved at $1,220,000 by a 5 Room DBSS unit at Natura Loft; In Non-Mature Estates, the highest transacted price is achieved at $910,000 by a 5 Room Premium Apartment Loft unit at Treelodge@Punggol.
- In March 2021, there are 17 HDB resale flats transacted for at least $1,000,000,representing a decrease from February 2021 in which 23 such units were transacted.
- The number of million-dollar flats sold comprises 0.7% of the total resale volume in the month.
- In the first three months of 2021, a total of 53 HDB flats have been transacted for more than a million dollars so far, reflecting an increase of 308% when compared to 13 such units during the same period last year.
