-
HDB resale prices increase by 1.1% in April 2023 compared to March 2023. Mature Estates and Non-Mature Estates prices increase by 1.0% and 0.8% respectively, as compared to March 2023. In terms of room types, 3 Room prices increase by 0.7%, 4 Room prices increase by 0.3%, 5 Room prices rise the most at 1.9% while Executive price increase by 1.0%.
According to the SRX Property Price Index for HDB Resale:
- Year-on-year, the overall price increase is 8.4% from April 2022.
- Year-on-year, prices for all room types increaseover April 2022: 3 Room by 7.3%, 4 Room by 8.6%, 5 Room by 9.0% and Executive by 10.0%.
- Mature and Non-Mature Estates prices increase by 7.8% and 8.1% respectively from a year ago.
- 2,188 HDB resale flats are transacted in April 2023, representing a 4.3% decrease from March 2023.
- Year-on-year, resale volumes in April 2023 are 3.7% lower than the previous year.
- Breaking it down by room type, in April 2023, 47.0% of the volumes come from HDB 4 Room, 23.2% from 3 Room, 23.2% from 5 Room and 6.6% from Executive.
- Breaking it down by estate, 62.0% of the resale volumes in April 2023 come from Non-Mature Estates. The remaining 38.0% in the month are from Mature Estates.
3. The highest transacted price for a resale flat in the month is achieved at $1,400,000 by a 5-Room unit and a 4-Room Unit at The Pinnacle @ Duxton.
- In Non-Mature Estates, the highest transacted price is achieved at $1,051,800 by an Executive Apartment at Yishun Avenue 4.
- In April 2023, there are 37 HDB resale flats transacted for at least $1,000,000, representing a decrease from March 2023 which recorded 39 such units.
-
The number of million-dollar flats sold comprise 1.7% of the total resale volumes in the month.
-
Toa Payoh records eight million-dollar flats sold in the month, followed by Bishan and Kallang/ Whampoa with six units each while Central Area records five units.
-
The rest of the million-dollar flats come from Queenstown, Bukit Merah, Ang Mo Kio, Bedok, Yishun, Clementi and Bukit Batok.
