- HDB resale prices increase 0.7% in March 2022 compared to February 2022. Mature and Non-Mature Estates prices increase by 0.5% and 0.9% respectively, as compared to February 2022. In terms of room types, 3 Room, 4 Room and Executive prices increase by 1.4%, 0.7% and 0.6% respectively. Meanwhile, 5 Room prices decrease by 0.1%.
According to the SRX Property Price Index for HDB Resale:
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Year-on-year, the overall price increase is 12.0%.
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Year-on-year, prices for all room types increaseover March 2021: 3 Room by 12.6%, 4 Room by 12.1%, 5 Room by 11.3% and Executive by 12.8%.
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Mature and Non-Mature Estates prices increase by 9.7% and 13.7% respectively from a year ago.
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2,269 HDB resale transactions in March 2022, representing a 19.2% increase from February 2022.
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Year-on-year, resale volume in March 2022 is 7.3% lower than the previous year.
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Breaking down by room types, in March 2022, 42.4% of the volume came from HDB 4 Room, 24.6% from 5 Room, 24.1% from 3 Room and 7.4% from Executive. The rest are from 1 Room, 2 Room and Multi-Generation.
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Breaking down by estates, 56.2% of the resale volume in March 2022 come from Non-Mature Estates. The remaining 43.8% in the month are from Mature Estates.
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The highest transacted price for a resale flat in the month is achieved at $1,388,888 by a 5 Room unit at Pinnacle @ Duxton, followed by another 5 Room unit at Pinnacle @ Duxton resold for $1,348,888 and a 5 Room DBSS unit at Natura Loft resold for $1,270,000.
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In Non-Mature Estates, the highest transacted price is achieved at $950,000 by an Executive Apartment unit at Woodlands Street 81, followed by an Executive Maisonette unit at Hougang Street 21 resold for $928,000 and a 5 Room unit at Bukit Batok West Avenue 6 resold for $900,000.
- In March 2022, there are 27 HDB resale flats transacted for at least $1,000,000,representing a decrease from February 2022 in which 29 such units were transacted.
- The number of million-dollar flats sold comprises 1.2% of the total resale volume in the month.
- Seven of the million-dollar flats sold in the month come from Toa Payoh, followed by both Central Area and Bishan with four units each. The rest of the million-dollar flats come from Queenstown, Kallang/Whampoa, Clementi, Bukit Merah, Serangoon, Bukit Timah and Ang Mo Kio.