HDB Resale Prices Rise for the 26th Straight Month, Climbing by 0.4% in August 2022 | Singapore Property News

HDB Resale Prices Rise for the 26th Straight Month, Climbing by 0.4% in August 2022

08 Sep 2022
Property Data
  1. HDB resale prices increase by 0.4% in August 2022 compared to July 2022. Mature and Non-Mature Estates prices increase by 0.8% and 0.2% respectively, as compared to July 2022. In terms of room types, 3 Room and 5 Room prices increase by 0.5% each, 4 Room prices rise by 0.8% while Executive prices rise by 0.7%.
 HDB Resale Price Indices Aug 2022
HDB Resale Price Indices By Property Type Aug 2022
HDB Resale Median Resale Price Aug 2022

       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 increaseover August 2021: 3 Room by 11.4%, 4 Room by 11.2%, 5 Room by 10.7% and Executive by 12.8%.
  • Mature and Non-Mature Estates prices increase by 10% and 11.4% respectively from a year ago.
HDB Resale Mature and Non Mature Estates Aug 2022  Part 1
HDB Resale Mature and Non Mature Estates Aug 2022  Part 2
  1. 2,323 HDB resale flats transacted in August 2022, representing a 1.7% decrease from July 2022.
  • Year-on-year, resale volume in August 2022 is 15.5% lower than the previous year.
  • Breaking it down by room type, in August 2022, 41.2 % of the volume come from HDB 4 Room, 24.9% from 5 Room, 24.7% from 3 Room and 7.1% from Executive. The rest are from other room types.
  • Breaking it down by estate, 58% of the resale volume in August 2022 come from Non-Mature Estates. The remaining 42% in the month are from Mature Estates.
 HDB Resale Volume Aug 2022

HDB Resale Volume Breakdown Aug 2022
HDB Resale Monthly Volume Breakdown By Estates Aug 2022
  1. The highest transacted price for a resale flat in the month is achieved at $1,350,000 by a 5 Room DBSS unit at The Peak @ Toa Payoh.
    • In Non-Mature Estates, the highest transacted price is achieved at $1,020,000 by an Executive Apartment unit at Woodlands Avenue 1.
 HDB Million Dollar Resale Flats Transacted in the Month Aug 2022


  1. In August 2022, there are 33 HDB resale flats transacted for at least $1,000,000, which is the same number as July 2022.
  • The number of million-dollar flats sold comprise 1.4% of the total resale volume in the month.
  • Toa Payoh records eight million-dollar flats sold in the month, followed by Bukit Merah with seven units while Queenstown records six units. The rest of the million-dollar flats come from Central Area, Kallang/Whampoa, Bishan, Woodlands, Marine Parade, Clementi and Serangoon.
HDB MIllion Dollar Resale Flats Statistics Aug 2022

HDB Monthly Volume of Million Dollar Resale Flats By Town Aug 2022
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