HDB publishes Q3 resale flat prices by town, listing the cheapest & most expensive areas
Disclaimer: Unless otherwise stated, any opinions expressed below belong solely to the author. Data sourced from the latest official release by HDB. HDB resale prices are continuing their gradual decline, with the Resale Price Index dipping marginally by 0.1% for the third consecutive quarter, the first time since 2014. However, this is just an overall […]
The Housing and Development Board (HDB) has released Q3 resale flat prices by town, highlighting the variations in the cheapest and most expensive areas. The overall Resale Price Index has seen a slight decline of 0.1% for the third consecutive quarter, the first since 2014. However, this average hides significant town-level differences.
Comparing 3-room, 4-room, and 5-room apartments across various towns, certain areas stand out. Jurong West emerges as the most affordable, with the lowest median prices across all flat sizes. Its 5-room apartments have a median price of just over S$600,000, compared to the high of nearly a million in Ang Mo Kio.
Bedok, Bishan, Bukit Batok, Bukit Merah, Bukit Panjang, Choa Chu Kang, Clementi, Geylang, Hougang, Jurong East, Jurong West, Kallang/Whampoa, Pasir Ris, Punggol, Queenstown, Sembawang, Sengkang, Serangoon, Tampines, Toa Payoh, and Woodlands also have their own price ranges. Notably, some areas, like Woodlands, show minimal price variation depending on the flat size.
For those willing to commute further, Jurong West offers significant savings, while other towns like Ang Mo Kio provide higher-priced options. The disparity in prices underscores the impact of location, with Jurong West's ongoing infrastructure development potentially adding long-term value.
Written by urgent.news from Vulcan Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
