HDB resale prices increase 1.1% in April 2022 compared to March 2022. Mature and Non-Mature Estates prices increase by 1.0% and 1.2% respectively, as compared to March 2022. In terms of room types, 3 Room, 4 Room, 5 Room and Executive prices increase by 1.4%, 1.2%, 0.9% and 0.9%.
According to the SRX Property Price Index for HDB Resale:
- Year-on-year, the overall price increase is 11.9%.
- Year-on-year, prices for all room types increaseover April 2021: 3 Room by 13.2%, 4 Room by 12.2%, 5 Room by 11.7% and Executive by 11.9%.
- Mature and Non-Mature Estates prices increase by 9.8% and 13.5% respectively from a year ago.
- 2,273 HDB resale transactions in April 2022, representing a 0.2% increase from March 2022.
- Year-on-year, resale volume in April 2022 is 2.9% lower than the previous year.
- Breaking down by room types, in April 2022, 43.7% of the volume come from HDB 4 Room, 25.6% from 5 Room, 21.8% from 3 Room and 7.4% from Executive. The rest are from 2 Room.
- Breaking down by estates, 57.7% of the resale volume in April 2022 come from Non-Mature Estates. The remaining 42.3% in the month are from Mature Estates.
- In Non-Mature Estates, the highest transacted price is achieved at $958,888 by an Executive Apartment unit at Woodlands Street 82.
- In April 2022, there are 22 HDB resale flats transacted for at least $1,000,000,representing a decrease from March 2022 in which 27 such units were transacted.
The number of million-dollar flats sold comprises 1.0% of the total resale volume in the month.
Central Area and Clementi each record five of the million-dollar flats sold in the month, followed by Bukit Merah with four units. The rest of the million-dollar flats come from Serangoon, Toa Payoh, Ang Mo Kio and Bishan.