Monthly price report
Singapore property prices, February 2024
The median HDB resale price in February 2024 was S$568,000, unchanged from January. Private condos and apartments resold at a median S$1,633 psf, up 5.8% on January.
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 | Feb 2024 | Change |
|---|---|---|
| HDB resale median price | S$568,000 | 0.0% |
| HDB resale median psf | S$542 psf | −0.4% |
| Private resale median psf | S$1,633 psf | +5.8% |
| Private new sale median psf | S$2,377 psf | +23.2% |
HDB resale prices by flat type
Median resale price of each flat type with at least 20 resales in both months.
| Flat type | Feb 2024 | Change |
|---|---|---|
| 3-room | S$405,000 | +1.3% |
| 4-room | S$568,000 | +0.5% |
| 5-room | S$650,000 | −4.4% |
| Executive | S$825,000 | −2.1% |
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 | Feb 2024 | Change |
|---|---|---|
| Queenstown | S$808 psf | +12.2% |
| Clementi | S$606 psf | +7.1% |
| Toa Payoh | S$579 psf | +5.3% |
| Bukit Panjang | S$531 psf | +4.1% |
| Jurong East | S$489 psf | +3.2% |
| Yishun | S$540 psf | +2.1% |
| Tampines | S$552 psf | +1.8% |
| Geylang | S$567 psf | +1.6% |
| Sembawang | S$558 psf | +1.6% |
| Pasir Ris | S$513 psf | +1.2% |
| Ang Mo Kio | S$534 psf | +0.9% |
| Jurong West | S$481 psf | +0.8% |
| Punggol | S$633 psf | +0.6% |
| Woodlands | S$490 psf | 0.0% |
| Bedok | S$533 psf | −0.2% |
| Serangoon | S$604 psf | −1.1% |
| Choa Chu Kang | S$469 psf | −1.3% |
| Hougang | S$534 psf | −2.6% |
| Sengkang | S$554 psf | −2.6% |
| Bukit Batok | S$546 psf | −2.8% |
| Bishan | S$679 psf | −4.8% |
| Kallang/Whampoa | S$613 psf | −6.8% |
| Bukit Merah | S$728 psf | −14.3% |
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 | Feb 2024 | Change |
|---|---|---|
| D20 Bishan | S$1,742 psf | +16.7% |
| D15 East Coast | S$1,771 psf | +10.2% |
| D11 Newton | S$2,059 psf | +8.4% |
| D25 Woodlands | S$1,167 psf | +8.0% |
| D10 Tanglin | S$2,211 psf | +5.9% |
| D03 Queenstown | S$2,186 psf | +4.3% |
| D19 Serangoon | S$1,489 psf | +3.3% |
| D18 Tampines | S$1,422 psf | +2.7% |
| D16 Bedok | S$1,483 psf | +1.9% |
| D04 Telok Blangah | S$1,738 psf | +1.8% |
| D17 Changi | S$1,181 psf | +1.4% |
| D05 Pasir Panjang | S$1,790 psf | +0.8% |
| D09 Orchard | S$2,281 psf | +0.5% |
| D28 Seletar | S$1,429 psf | +0.3% |
| D23 Bukit Batok | S$1,358 psf | −0.2% |
| D27 Yishun | S$1,279 psf | −0.2% |
| D13 Macpherson | S$1,845 psf | −0.5% |
| D14 Geylang | S$1,590 psf | −1.1% |
| D12 Toa Payoh | S$1,641 psf | −8.0% |
| D21 Clementi | S$1,689 psf | −15.0% |
| D22 Jurong | S$1,180 psf | −17.4% |
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 February 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 February 2024. Each change compares the month with January 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, February 2024", https://www.homejourney.sg/reports/singapore-property-prices/february-2024. Please link to this page when you quote a figure.