Singapore Property Update

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$500,000 median price difference between the most and least expensive 4 room HDB flats

The median price difference between the most and least expensive 4 room HDB flat in Singapore is more than $500,000, according to a news report.

The most expensive 4 room HDB flats are found in the central region with a median price tag of $870,000, followed by Queenstown ($738,000) and Bukit Merah ($662,500).

Source: HDB

 

Woodlands and Choa Chu Kang have the least expensive 4 room HDB flats with a median price of only $330,000, more than $500,000 lower than that of a similar-sized flat in the Central region.

Yishun, Jurong West, Bukit Panjang, Hougang, and Bukit Batok are the other estates where the median price of 4 room HDB flats cost below $400,000.

The latest figures released by HDB revealed that resale prices fell by 0.7 per cent last month from August, and by 2.1 per cent compared to a year ago.

While four-room flats recorded a price increase of 0.6 per cent from August, prices for three-roomers and five-roomers dipped by 1.3 per cent. Executive flats saw a drop of 1.9 per cent in prices.

Updated: October 7, 2018 — 8:16 pm
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