Monthly price report
Singapore property prices, March 2024
The median HDB resale price in March 2024 was S$570,000, up 0.4% on February. Private condos and apartments resold at a median S$1,611 psf, down 1.3% on February.
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 | Mar 2024 | Change |
|---|---|---|
| HDB resale median price | S$570,000 | +0.4% |
| HDB resale median psf | S$548 psf | +1.1% |
| Private resale median psf | S$1,611 psf | −1.3% |
| Private new sale median psf | S$2,251 psf | −5.3% |
HDB resale prices by flat type
Median resale price of each flat type with at least 20 resales in both months.
| Flat type | Mar 2024 | Change |
|---|---|---|
| 3-room | S$405,000 | 0.0% |
| 4-room | S$570,000 | +0.4% |
| 5-room | S$665,000 | +2.3% |
| Executive | S$830,000 | +0.6% |
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 | Mar 2024 | Change |
|---|---|---|
| Kallang/Whampoa | S$712 psf | +16.2% |
| Bukit Batok | S$592 psf | +8.4% |
| Hougang | S$551 psf | +3.2% |
| Sengkang | S$572 psf | +3.2% |
| Tampines | S$563 psf | +2.0% |
| Jurong East | S$497 psf | +1.6% |
| Ang Mo Kio | S$540 psf | +1.1% |
| Choa Chu Kang | S$472 psf | +0.6% |
| Jurong West | S$484 psf | +0.6% |
| Punggol | S$637 psf | +0.6% |
| Woodlands | S$492 psf | +0.4% |
| Geylang | S$568 psf | +0.2% |
| Bishan | S$680 psf | +0.1% |
| Bedok | S$529 psf | −0.8% |
| Pasir Ris | S$507 psf | −1.2% |
| Yishun | S$531 psf | −1.7% |
| Toa Payoh | S$568 psf | −1.9% |
| Sembawang | S$547 psf | −2.0% |
| Serangoon | S$574 psf | −5.0% |
| Bukit Panjang | S$503 psf | −5.3% |
| Bukit Merah | S$689 psf | −5.4% |
| Clementi | S$557 psf | −8.1% |
| Queenstown | S$725 psf | −10.3% |
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 | Mar 2024 | Change |
|---|---|---|
| D10 Tanglin | S$2,829 psf | +28.0% |
| D04 Telok Blangah | S$1,858 psf | +6.9% |
| D22 Jurong | S$1,254 psf | +6.3% |
| D12 Toa Payoh | S$1,739 psf | +6.0% |
| D19 Serangoon | S$1,548 psf | +4.0% |
| D14 Geylang | S$1,626 psf | +2.3% |
| D20 Bishan | S$1,750 psf | +0.5% |
| D23 Bukit Batok | S$1,361 psf | +0.2% |
| D27 Yishun | S$1,270 psf | −0.7% |
| D16 Bedok | S$1,470 psf | −0.9% |
| D13 Macpherson | S$1,824 psf | −1.1% |
| D17 Changi | S$1,166 psf | −1.3% |
| D03 Queenstown | S$2,156 psf | −1.4% |
| D18 Tampines | S$1,388 psf | −2.4% |
| D11 Newton | S$2,003 psf | −2.7% |
| D21 Clementi | S$1,628 psf | −3.6% |
| D25 Woodlands | S$1,123 psf | −3.8% |
| D15 East Coast | S$1,696 psf | −4.2% |
| D05 Pasir Panjang | S$1,697 psf | −5.2% |
| D09 Orchard | S$2,151 psf | −5.7% |
| D28 Seletar | S$1,339 psf | −6.3% |
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 March 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 March 2024. Each change compares the month with February 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, March 2024", https://www.homejourney.sg/reports/singapore-property-prices/march-2024. Please link to this page when you quote a figure.