HDB Resale Prices Continue Rising for Ten Straight Months in April 2021; Year-on-Year Prices Increase 10.8% | Singapore Property News

HDB Resale Prices Continue Rising for Ten Straight Months in April 2021; Year-on-Year Prices Increase 10.8%

06 May 2021
Property Data
  1. HDB resale price increases 1.2% in April 2021 compared to March 2021. Mature and Non-Mature Estates prices increase 0.9% and 1.4% respectively, as compared to March 2021. In terms of room types, 3 Room, 4 Room, 5 Room and Executive prices increase by 0.8%, 1.0%, 0.5% and 1.8% respectively.

 hdb resale price index 2021 April
hdb resale price index by property type 2021 April
hdb resale median resale price 2021 April
According to the SRX Property Price Index for HDB Resale:

  • Year-on-year, the overall price increase is 10.8%.
  • Year-on-year, prices for all room types increase in April 2021: 3 Room by 13.5%, 4 Room by 10.4%, 5 Room by 9.1% and Executive by 10.8%.
  • Mature and Non-Mature Estates prices increase by 9.4% and 11.8% respectively from a year ago.
  • April 2021 prices are 3.7% lower than the peak in April 2013.
hdb resale mature and non mature price index 2021 April 1
hdb resale mature and non mature price index 2021 April 2
  1. 2,340 HDB resale transactions in April 2021, representing a 4.4% decrease from March 2021.
  • Year-on-year, resale volume in April 2021 is 453.2% higher than the previous year.
  • Breaking down by room types, in April 2021, 44.5% of the volume comes from HDB 4 Room, 26.5% from 5 Room, 19.9% from 3 Room and 7.6% from Executive. The rest are from 1 Room, 2 Room and Multi-Gen.

 hdb resale resale volume 2021 April

  1. The highest transacted price for a resale flat in the month is achieved at $1,250,000 by a 5 Room DBSS unit at Natura Loft; In Non-Mature Estates, the highest transacted price is achieved at $892,888 by an Executive Apartment unit at Hougang Central.

 hdb resale million dollar resale flats statistics 2021 April 1

  1. In April 2021, there are 21 HDB resale flats transacted for at least $1,000,000,representing an increase from March 2021 in which 17 such units were transacted.
  • The number of million-dollar flats sold comprises 0.9% of the total resale volume in the month.
  • In the first four months of 2021, a total of 74 HDB flats have been transacted for more than a million dollars so far, reflecting an increase of 428.6% when compared to 14 such units during the same period last year.

hdb resale million dollar resale flats statistics 2021 April 2
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