RESIDENTIAL PROPERTY | Staff Reporter, Singapore

Chart of the Day: Resale volume of mature HDB flats jump 133.7% in Q3

Tampines is the most popular estate with 557 transacted units.

This chart from OrangeTee & Tie shows that the resale volume of HDB flats in mature estates rebounded strongly in Q3, with transactions swelling 133.7% from 1,323 units in Q2 2020 to 3,092 units in Q3.

The most popular estate was Tampines with 557 units transacted, followed by Bedok with 445 transactions and Ang Mo Kio with 301 transactions. The average price of flats was highest at Bukit Timah at $731,077, followed by Bishan at $630,499, and Central Area at $617,476.

Flats in 10 of the 15 estates saw a QoQ hike in average prices in Q3. Resale flats in Clementi rose the most by 19.5%, followed by Bukit Timah by 17.7%.

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