HDB Resale Prices Rise for the 24th Straight Month, Climbing by 1.2% in June 2022 | Singapore Property News

HDB Resale Prices Rise for the 24th Straight Month, Climbing by 1.2% in June 2022

07 Jul 2022
Property Data
  1. HDB resale prices increase by 1.2% in June 2022 compared to May 2022. Mature and Non-Mature Estates prices increase by 1.1% and 1.2% respectively, as compared to May 2022. In terms of room types, 3 Room, 4 Room and Executive prices each increase by 1.0% while 5 Room prices rise by 1.4%.

 HDB Resale Price Index June 2022
HDB Resale Price Index By Property Type June 2022
HDB Median Resale Price June 2022

       According to the SRX Property Price Index for HDB Resale:
  • Year-on-year, the overall price increase is 11.4%.Year-on-year, prices for all room types increaseover June 2021: 3 Room by 12.1%, 4 Room by 11.7%, 5 Room by 12.0% and Executive by 11.6%.
  • Mature and Non-Mature Estates prices increase by 10.2% and 12.3% respectively from a year ago.
HDB Resale Price Index Mature and Non Mature Estates June 2022  Part 1
HDB Resale Price Index Mature and Non Mature Estates June 2022  Part 2
  1. 2,139 HDB resale flats transacted in June 2022, representing a 0.8% decrease from May 2022.
  • Year-on-year, resale volume in June 2022 is 7.4% lower than the previous year.
  • Breaking it down by room type, in June 2022, 41.8% of the volume come from HDB 4 Room, 26.9% from 5 Room, 22.2% from 3 Room and 7.3% from Executive. The rest are from 1 Room and 2 Room.
  • Breaking it down by estate, 58.9% of the resale volume in June 2022 come from Non-Mature Estates. The remaining 41.1% in the month are from Mature Estates.

 HDB Resale Volume June 2022
HDB Resale Volume Breakdown June 2022
HDB Resale Monthly Volume Breakdown by Estates June 2022

  1. The highest transacted price for a resale flat in the month is achieved at $1,310,000 by a 5 Room DBSS unit at Natura Loft.
    • In Non-Mature Estates, the highest transacted price is achieved at $1,000,000 by an Executive Apartment unit at Yishun Street 61.

 HDB Million Dollar Resale Flats Transacted in the Month June 2022

  1. In June 2022, there are 31 HDB resale flats transacted for at least $1,000,000,representing a slight increase from May 2022 in which 30 such units were transacted.
HDB Million Dollar Resale Flats Statistics June 2022
  • The number of million-dollar flats sold comprise 1.4% of the total resale volume in the month.
  • Bishan and Bukit Merah each records six million-dollar flats sold in the month, followed by Central with five units while Ang Mo Kio and Kallang/Whampoa record four units respectively. The rest of the million-dollar flats come from Queenstown, Toa Payoh and Yishun.

HDB Monthly Volume of Million Dollar Resale Flat by Town June 2022
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