HDB Resale Prices Set Another New High in October 2021; Rising for Sixteen Straight Months | Singapore Property News

HDB Resale Prices Set Another New High in October 2021; Rising for Sixteen Straight Months

04 Nov 2021
Property Data
  1. HDB resale prices increase 0.9% in October 2021 compared to September 2021. Mature and Non-Mature Estates prices increase by 0.8% and 1.0% respectively, as compared to September 2021. In terms of room types, 3 Room, 4 Room, 5 Room and Executive prices increase by 1.0%, 1.1%, 0.9% and 1.2% respectively.

 HDB Resale Price Index Oct 2021
HDB Resale Price Index By Property Type Oct 2021
HDB Median Resale Price Oct 2021

       According to the SRX Property Price Index for HDB Resale:
  • Year-on-year, the overall price increase is 13.5%.
  • Year-on-year, prices for all room types increased in October 2021: 3 Room by 15.1%, 4 Room by 13.6%, 5 Room by 13.5% and Executive by 13.4%.
  • Mature and Non-Mature Estates prices increase by 11.4% and 15.2% respectively from a year ago.
  • October 2021 prices surpass the previous peak in September 2021 by 0.9%.
HDB Resale Mature and Non Mature Estates Oct 2021  Part 1
HDB Resale Mature and Non Mature Estates Oct 2021  Part 2
  1. 2,505 HDB resale transactions in October 2021, representing a 0.6% decrease from September 2021.
  • Year-on-year, resale volume in October 2021 is 2.8% higher than the previous year.
  • Breaking down by room types, in October 2021, 40.4% of the volume came from HDB 4 Room, 27.2% from 5 Room, 23.6% from 3 Room and 7.6% from Executive. The rest are from 2 Room and Multi-Generation.

 HDB Resale Volume Oct 2021

  1. The highest transacted price for a resale flat in the month is achieved at $1,260,000 by a 5 Room DBSS unit at Natura Loft. In Non-Mature Estates, the highest transacted price is achieved at $980,000 by an Executive Apartment unit at Woodlands Street 81.

 HDB Million Dollar Resale Flats Statistics Oct 2021

  1. In October 2021, there are 20 HDB resale flats transacted for at least $1,000,000, representing a decrease from September 2021 in which 23 such units were transacted.
  • The number of million-dollar flats sold comprises 0.8% of the total resale volume in the month.
  • In the first ten months of 2021, a total of 194 HDB flats have been transacted for more than a million dollars so far, which is a 228.8% increase from the same period last year.

HDB Million Dollar Resale Flats Transacted in the Month Oct 2021
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