HDB resale prices up 10% in November: SRX

A total of 26 HDB flats were resold for over $1m during the month.

HDB resale prices rose 10% in November compared to the same period in 2021, according to data released by SRX. 

Prices for all room types increased during the month. Resale prices of 3 room HDB flats rose by 9.7%; 4 room flats by 10.8%; 5 room flats by 10.7%; and executive flats by 12.2%.

Compared to October, resale prices are 0.6% higher, with 3 room prices higher by 0.9%, 4 room prices by 0.8%, 5 room prices by 0.6%, and executive prices rising most with a 2.5% increase.

ALSO READ: No recovery yet for HDB resale market despite rebound in sales volume

More transactions were also recorded in November, with 2,140 HDB resale flats moved during the month. This is 8.9% higher than in October. However, the volumes are 17.3% compared to November 2021.

By room type, 42.2% of the volumes come from HDB 4 Room, 23.3% from 5 Room, 25.2% from 3 Room and 7.1% from executive flats. The rest are from other room types.

The most expensive HDB flat resold for the month is a 5 room DBSS unit at The Peak @ Toa Payoh, which sold for over $1.34m. At least 26 HDB flats were resold for over $1m in November.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!