Monthly price report
Singapore property prices, December 2024
The median HDB resale price in December 2024 was S$611,000, down 0.7% on November. Private condos and apartments resold at a median S$1,675 psf, up 1.1% on November.
Key figures
Private figures cover condominiums, apartments and executive condominiums. New sales are shown apart because new launches cost more per square foot and their share of sales changes from month to month.
| Measure | Dec 2024 | Change |
|---|---|---|
| HDB resale median price | S$611,000 | −0.7% |
| HDB resale median psf | S$589 psf | +1.2% |
| Private resale median psf | S$1,675 psf | +1.1% |
| Private new sale median psf | S$2,023 psf | −21.3% |
HDB resale prices by flat type
Median resale price of each flat type with at least 20 resales in both months.
| Flat type | Dec 2024 | Change |
|---|---|---|
| 3-room | S$430,000 | −0.1% |
| 4-room | S$620,000 | +3.3% |
| 5-room | S$718,000 | +0.4% |
| Executive | S$876,500 | +2.5% |
HDB towns by price change
Median resale price per square foot in each town with at least 20 resales in both months, largest rise first. A town's median moves with the mix of flats sold, so read one month's change with the months around it.
| Town | Dec 2024 | Change |
|---|---|---|
| Queenstown | S$860 psf | +18.1% |
| Sembawang | S$629 psf | +8.1% |
| Bukit Panjang | S$561 psf | +3.5% |
| Yishun | S$566 psf | +2.0% |
| Jurong East | S$541 psf | +1.9% |
| Sengkang | S$629 psf | +1.9% |
| Bedok | S$586 psf | +1.4% |
| Hougang | S$596 psf | +1.4% |
| Woodlands | S$522 psf | +1.2% |
| Pasir Ris | S$549 psf | +0.9% |
| Tampines | S$599 psf | +0.7% |
| Bishan | S$735 psf | +0.5% |
| Ang Mo Kio | S$573 psf | +0.4% |
| Jurong West | S$509 psf | −0.2% |
| Punggol | S$661 psf | −0.3% |
| Choa Chu Kang | S$506 psf | −0.8% |
| Geylang | S$624 psf | −0.8% |
| Bukit Merah | S$793 psf | −1.1% |
| Serangoon | S$607 psf | −1.9% |
| Toa Payoh | S$684 psf | −3.9% |
| Kallang/Whampoa | S$669 psf | −4.4% |
| Bukit Batok | S$570 psf | −4.5% |
| Clementi | S$591 psf | −8.7% |
Private districts by price change
Median resale price per square foot of condominiums and apartments in each postal district with at least 15 resales in both months, largest rise first.
| District | Dec 2024 | Change |
|---|---|---|
| D14 Geylang | S$1,906 psf | +9.6% |
| D28 Seletar | S$1,527 psf | +6.0% |
| D27 Yishun | S$1,340 psf | +5.5% |
| D09 Orchard | S$2,337 psf | +3.7% |
| D18 Tampines | S$1,467 psf | +3.5% |
| D12 Toa Payoh | S$1,723 psf | +2.3% |
| D16 Bedok | S$1,561 psf | +0.8% |
| D19 Serangoon | S$1,581 psf | +0.8% |
| D17 Changi | S$1,199 psf | +0.3% |
| D20 Bishan | S$1,814 psf | +0.2% |
| D01 Raffles Place | S$2,051 psf | −0.3% |
| D05 Pasir Panjang | S$1,853 psf | −0.3% |
| D04 Telok Blangah | S$1,767 psf | −0.6% |
| D23 Bukit Batok | S$1,396 psf | −1.5% |
| D13 Macpherson | S$1,952 psf | −1.6% |
| D25 Woodlands | S$1,191 psf | −1.6% |
| D15 East Coast | S$1,717 psf | −1.8% |
| D10 Tanglin | S$2,123 psf | −2.4% |
| D11 Newton | S$1,948 psf | −2.8% |
| D03 Queenstown | S$2,116 psf | −5.3% |
| D22 Jurong | S$1,246 psf | −13.9% |
| D21 Clementi | S$1,620 psf | −14.2% |
About this report
- How are these figures worked out?
- Each figure is a median: half of the homes sold for more and half for less. HDB figures cover every resale registered in December 2024; price per square foot divides each price by the flat's floor area. Private figures cover sales of non-landed homes with a contract date in December 2024. Each change compares the month with November 2024.
- Where does the data come from?
- HDB resale flat prices (data.gov.sg) and URA REALIS private residential transactions. Homejourney imports both and rebuilds this page daily.
- How do I cite this report?
- Homejourney, "Singapore property prices, December 2024", https://www.homejourney.sg/reports/singapore-property-prices/december-2024. Please link to this page when you quote a figure.