Central Area HDB blocks and resale prices

60 HDB blocks in Central Area with resale figures or live listings. How resales compare with identical flats sold at least five years earlier, net of stamp duty.

Resales in Central Area

Over the 12 months to Sep 2026, 100% of 148 resales in Central Area sold above an identical flat's earlier price.

Median change +37.9% before costs (middle half +26.4% to +52.5%), about +4.1% a year. The identical flat had last sold a median 8.0 years earlier.

After stamp duty: +34.8% for a citizen household, +28.5% for a household of permanent residents.

After typical costs: +29.5% for a citizen household (99% above), +23.6% for permanent residents.

Net figures cover 146 of the 148 resales: stamp duty rates before March 1996 are not published, so earlier purchases cannot be netted.

Over the 10 years to Sep 2026, 80% of 1,432 resales in Central Area sold above an identical flat's earlier price.

Median change +18.9% before costs (middle half +3.3% to +38.9%), about +2.3% a year. The identical flat had last sold a median 7.3 years earlier.

After stamp duty: +16.3% for a citizen household, +12.5% for a household of permanent residents.

After typical costs: +11.4% for a citizen household (70% above), +7.6% for permanent residents.

Net figures cover 1,419 of the 1,432 resales: stamp duty rates before March 1996 are not published, so earlier purchases cannot be netted.

3 Room

Over the 12 months to Sep 2026, 100% of 65 resales in Central Area (3 Room) sold above an identical flat's earlier price.

Median change +31.3% before costs (middle half +23.5% to +43.8%), about +3.7% a year. The identical flat had last sold a median 7.8 years earlier.

After stamp duty: +28.8% for a citizen household, +22.8% for a household of permanent residents.

After typical costs: +23.5% for a citizen household (98% above), +17.8% for permanent residents.

4 Room

Over the 12 months to Sep 2026, 100% of 60 resales in Central Area (4 Room) sold above an identical flat's earlier price.

Median change +44.0% before costs (middle half +32.1% to +53.9%), about +4.1% a year. The identical flat had last sold a median 8.7 years earlier.

After stamp duty: +40.4% for a citizen household, +34.3% for a household of permanent residents.

After typical costs: +35.2% for a citizen household (100% above), +29.4% for permanent residents.

Net figures cover 58 of the 60 resales: stamp duty rates before March 1996 are not published, so earlier purchases cannot be netted.

Share of resales above an identical flat's earlier price by year, Central Area (years with fewer than 20 comparable resales omitted)
YearComparable resalesAbove
199553100%
1996137100%
1997150100%
199821099.5%
199928199.6%
200015297.4%
200119669.9%
200216844%
200315552.9%
200418778.1%
200521676.9%
200617184.2%
200714690.4%
200818397.8%
2009171100%
2010217100%
2011129100%
201284100%
201390100%
201498100%
20159098.9%
201611594.8%
201711382.3%
201810857.4%
201912256.6%
202013258.3%
202117569.7%
202216484.8%
202316387.7%
202415295.4%
202515198.7%
2026119100%
Change against an identical flat's earlier price, Central Area, Oct 2016 to Sep 2026, before costs
ChangeResales
Below -20%27
-20% to 0%258
+0% to +20%456
+20% to +40%343
+40% to +60%162
+60% to +80%47
+80% to +100%28
+100% and above111

How these figures work

Each resale is compared with the most recent sale of an identical flat (same block, floor band, flat type, model, size and lease) at least five years earlier. HDB publishes no unit numbers, so this is not any owner's own purchase price.

"After stamp duty" deducts buyer's stamp duty at the rates in force on the earlier purchase, and 5% additional buyer's stamp duty for households of permanent residents from 12 January 2013. Seller's stamp duty never applies after five years.

"After typical costs" also deducts 2% seller and 1% buyer agent commission, S$3,000 legal fees for each side, HDB and registry fees and mortgage stamp duty. Commission is not regulated and varies.

Contains information from Resale Flat Prices and HDB Property Information accessed from data.gov.sg, which is made available under the terms of the Singapore Open Data Licence version 1.0.

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