Dataset from Housing & Development Board. For more information, visit https://data.gov.sg/datasets/d_8b84c4ee58e3cfc0ece0d773c8ca6abc/view

As of 1st January 2025, the average resale price of a Housing Development Board (HDB) 4-room flat was at 636,259 Singapore dollars. The resale price of such flats had increased by about 200,000 Singapore dollars since 2017. HDB is responsible for managing Singapore's government housing, and cater to all income levels in Singapore. HDB flats range from 1-room apartments to large, multi-generational apartments. Around 75 percent of the Singapore population live in HDB flats. Citizens who wish to purchase a new flat would need to apply for a built-to-order (BTO) apartment.

Dataset from Housing & Development Board. For more information, visit https://data.gov.sg/datasets/d_2d5ff9ea31397b66239f245f57751537/view

Resale transacted prices. Prior to March 2012, data is based on date of approval for the resale transactions.
For March 2012 onwards, the data is based on date of registration for the resale transactions.

As of the fourth quarter of 2024, the resale price index of residential units from the Housing Development Board (HDB) in Singapore was at *****, which means that HDB resale flat prices increased by **** percent since the first quarter of 2009. The index tracks the overall price movement of the public residential market, compared to the base value from the first quarter of 2009, when the index value was equal to 100.

General Information and License

• HDB Resale Price data made available by SG government through the Open Data License.
  1. https://beta.data.gov.sg/open-data-license
  2. https://beta.data.gov.sg/collections/189/datasets/d_ebc5ab87086db484f88045b47411ebc5/view
• Geodata made available by SG government through the OneMap
  1. https://www.onemap.gov.sg/apidocs/apidocs
• I claim NO rights whatsoever to this data. This data has been uploaded here for educational purposes.
• There is no personally identifiable information in this data.

Data Availability

• 1990 - 02-2012 (based on registration date)
• 03-2012 - 2023-09 (based on approval date)

Contains resale prices only because most of Singapore's population lives in (very well-made and maintained!) public housing.

Does not contain condo/landed house prices.

Special Notes

• Public housing in Singapore is generally sold on a leasehold (typically 99-year) basis.
• Prices tend to decrease as the remaining lease period decreases (see Bala's Curve).

Data Representation

Each row represents 1 transaction.

Data Dictionary

Update Frequency

• This dataset may be updated every year or so as new transaction data becomes available.

Singapore Resale Price: Avg Valuation: HDB Flats: Queenstown: 3 Room Flat data was reported at 355,000.000 SGD in Sep 2018. This records an increase from the previous number of 348,400.000 SGD for Jun 2018. Singapore Resale Price: Avg Valuation: HDB Flats: Queenstown: 3 Room Flat data is updated quarterly, averaging 320,000.000 SGD from Sep 2002 (Median) to Sep 2018, with 65 observations. The data reached an all-time high of 408,000.000 SGD in Dec 2013 and a record low of 126,400.000 SGD in Sep 2002. Singapore Resale Price: Avg Valuation: HDB Flats: Queenstown: 3 Room Flat data remains active status in CEIC and is reported by Housing & Development Board. The data is categorized under Global Database’s Singapore – Table SG.EB027: Resale Flat Statistics.

Singapore Resale Price: Avg Valuation: HDB Flats: Bukit Merah: 3 Room Flat data was reported at 355,000.000 SGD in Sep 2018. This records an increase from the previous number of 335,000.000 SGD for Jun 2018. Singapore Resale Price: Avg Valuation: HDB Flats: Bukit Merah: 3 Room Flat data is updated quarterly, averaging 333,500.000 SGD from Sep 2002 (Median) to Sep 2018, with 65 observations. The data reached an all-time high of 412,000.000 SGD in Jun 2013 and a record low of 135,300.000 SGD in Sep 2002. Singapore Resale Price: Avg Valuation: HDB Flats: Bukit Merah: 3 Room Flat data remains active status in CEIC and is reported by Housing & Development Board. The data is categorized under Global Database’s Singapore – Table SG.EB027: Resale Flat Statistics.

Singapore Resale Price: Avg Valuation: HDB Flats: Pasir Ris: Executive Flat data was reported at 625,000.000 SGD in Sep 2018. This records an increase from the previous number of 620,000.000 SGD for Jun 2018. Singapore Resale Price: Avg Valuation: HDB Flats: Pasir Ris: Executive Flat data is updated quarterly, averaging 538,800.000 SGD from Sep 2002 (Median) to Sep 2018, with 65 observations. The data reached an all-time high of 670,000.000 SGD in Dec 2012 and a record low of 362,000.000 SGD in Jun 2007. Singapore Resale Price: Avg Valuation: HDB Flats: Pasir Ris: Executive Flat data remains active status in CEIC and is reported by Housing & Development Board. The data is categorized under Global Database’s Singapore – Table SG.EB027: Resale Flat Statistics.

In 2020, there were around 24.7 thousand resale units of Housing and Development Board (HDB) flats. By 2022, it was expected to reach 25 thousand resale units. The price growth of resale flats is expected to be slower that year, between 5 and 8 percent, due to price resistance in some locations.

In 2023, the average price of real estate in China was approximately ****** yuan per square meter, representing a decrease from the previous year. Rising prices in the real estate market Since the 1998 housing reform, property prices in China have been rising continuously. Housing in the country is now often unaffordable, especially considering the modest per capita income of Chinese households. Shanghai and Beijing even have some of the most competitive real estate markets in the world. The rapid growth in housing prices has increased wealth among homeowners, while it also led to a culture of speculation among buyers and real estate developers. Housing was treated as investments, with owners expecting the prices to grow further every year. Risk factors The expectation of a steadily growing real estate market has created a property bubble and a potential debt crisis. As Chinese real estate giants, such as China Evergrande and Country Garden, operate by continuously acquiring land plots and initiating new projects, which often require substantial loans and investments, a slowdown in property demands or a decline in home prices can significantly affect the financial situation of these companies, putting China’s banks in a vulnerable position. In addition, due to a lack of regulations and monetary constraints, the long-term maintenance issues of high-rise apartments are also a concern to the sustainable development of China’s cities.

Singapore Resale Price: Avg Valuation: HDB Flats: Kallang/Whampoa: 5 Room Flat data was reported at 769,600.000 SGD in Jun 2018. This records an increase from the previous number of 702,500.000 SGD for Mar 2018. Singapore Resale Price: Avg Valuation: HDB Flats: Kallang/Whampoa: 5 Room Flat data is updated quarterly, averaging 520,000.000 SGD from Sep 2002 (Median) to Jun 2018, with 54 observations. The data reached an all-time high of 787,500.000 SGD in Jun 2016 and a record low of 351,000.000 SGD in Mar 2004. Singapore Resale Price: Avg Valuation: HDB Flats: Kallang/Whampoa: 5 Room Flat data remains active status in CEIC and is reported by Housing & Development Board. The data is categorized under Global Database’s Singapore – Table SG.EB027: Resale Flat Statistics.

Singapore Resale Price: Avg Valuation: HDB Flats: Clementi: 4 Room Flat data was reported at 504,000.000 SGD in Sep 2018. This records a decrease from the previous number of 557,500.000 SGD for Jun 2018. Singapore Resale Price: Avg Valuation: HDB Flats: Clementi: 4 Room Flat data is updated quarterly, averaging 435,000.000 SGD from Sep 2002 (Median) to Sep 2018, with 63 observations. The data reached an all-time high of 640,000.000 SGD in Mar 2018 and a record low of 226,600.000 SGD in Sep 2002. Singapore Resale Price: Avg Valuation: HDB Flats: Clementi: 4 Room Flat data remains active status in CEIC and is reported by Housing & Development Board. The data is categorized under Global Database’s Singapore – Table SG.EB027: Resale Flat Statistics.

This dataset contains property sales data, including information such as PropertyID, property type (e.g., Commercial or Residential), tax keys, property addresses, architectural styles, exterior wall materials, number of stories, year built, room counts, finished square footage, units (e.g., apartments), bedroom and bathroom counts, lot sizes, sale dates, and sale prices. Explore this dataset to gain insights into real estate trends and property characteristics.

Data.milwaukee.gov, (2023). Property Sales Data. [online] Available at: https://data.milwaukee.gov [Accessed 9th October 2023].

Open Definition. (n.d.). Creative Commons Attribution 4.0 International Public License (CC BY 4.0). [online] Available at: http://www.opendefinition.org/licenses/cc-by [Accessed 9th October 2023].

The Office of Policy and Management maintains a listing of all real estate sales with a sales price of $2,000 or greater that occur between October 1 and September 30 of each year. For each sale record, the file includes: town, property address, date of sale, property type (residential, apartment, commercial, industrial or vacant land), sales price, and property assessment. Data are collected in accordance with Connecticut General Statutes, section 10-261a and 10-261b: https://www.cga.ct.gov/current/pub/chap_172.htm#sec_10-261a and https://www.cga.ct.gov/current/pub/chap_172.htm#sec_10-261b. Annual real estate sales are reported by grand list year (October 1 through September 30 each year). For instance, sales from 2018 GL are from 10/01/2018 through 9/30/2019. Some municipalities may not report data for certain years because when a municipality implements a revaluation, they are not required to submit sales data for the twelve months following implementation.

Dataset from Land Transport Authority. For more information, visit https://data.gov.sg/datasets/d_69b3380ad7e51aff3a7dcc84eba52b8a/view

Montevideo, Uruguay's capital, leads Latin American cities with the highest apartment sale prices in 2024, averaging 3,454 U.S. dollars per square meter. This figure surpasses other major metropolitan areas like Mexico City and Buenos Aires, highlighting significant disparities in real estate markets across the region. The data underscores the varying economic conditions and housing demand in different Latin American urban centers. Regional housing market trends While Montevideo tops the list for apartment prices, other countries in Latin America have experienced notable changes in their housing markets. Chile, for instance, saw the most substantial increase in house prices since 2010, with its nominal house price index surpassing 342 points in early 2024. However, when adjusted for inflation, Mexico showed the highest inflation-adjusted percentage increase in house prices, growing by nearly five percent in the first quarter of 2024, contrasting with a global decline of one percent. Home financing in Mexico The methods of home financing vary across Latin America. A breakdown of homeownership by financing method in Mexico reveals that about two-thirds of owner-occupied housing units were financed through personal resources in 2022. Nevertheless, government-backed loans such as Infonavit (Mexico’s National Housing Fund Institute), Fovissste (Housing Fund of the Institute for Social Security and Services for State Workers), and Fonhapo (National Fund for Popular Housing), play an important role for homebuyers, with just over 20 percent of home purchases relying on such finance. Bank credit, which offers mortgage loans with interest rates ranging between nine and 12 percent, appeared as a less popular option.

In 2023, the average price for residential real estate in Shenzhen 50,010 yuan per square meter. This was the highest price among all major cities in China, with the average price across the country amounting to 16,780 yuan per square meter. A pillar of the Chinese economy China gradually abolished its welfare housing allocation system and liberalized its real estate market in the 1990s. In 2003, the government declared the real estate sector as one of the pillars of the Chinese economy. Thanks to the country's rapid economic development and urbanization, China's real estate market expanded significantly in the last two decades, with the sector accounting for about seven percent of China's GDP in 2022. Unaffordable in major urban centers While the real estate industry greatly contributed to the growth of China's economy, the housing market boom also created social issues and financial risks. In comparison to household income, property prices in major cities, most notably Shanghai, Beijing, Guangzhou, and Shenzhen, are extraordinarily expensive for average citizens. Soaring housing prices have also led to a rapid division of wealth between homeowners and renters. At the same time, debt problems created by the rapid expansion of real estate companies and the high levels of debt accumulated by Chinese citizens have created serious potential hazards for China's financial system.

Singapore Resale Price: Avg Valuation: HDB Flats: Kallang/Whampoa: 3 Room Flat data was reported at 300,000.000 SGD in Jun 2018. This records a decrease from the previous number of 313,000.000 SGD for Mar 2018. Singapore Resale Price: Avg Valuation: HDB Flats: Kallang/Whampoa: 3 Room Flat data is updated quarterly, averaging 297,500.000 SGD from Sep 2002 (Median) to Jun 2018, with 64 observations. The data reached an all-time high of 377,500.000 SGD in Mar 2013 and a record low of 129,900.000 SGD in Sep 2002. Singapore Resale Price: Avg Valuation: HDB Flats: Kallang/Whampoa: 3 Room Flat data remains active status in CEIC and is reported by Housing & Development Board. The data is categorized under Global Database’s Singapore – Table SG.EB027: Resale Flat Statistics.

This is apartment sale price-average sale price data among monthly trends in a nationwide housing price trend survey provided by the Korea Real Estate Agency (formerly the Korea Appraisal Board). - Date of publication (monthly): The 15th of the following month (the next day if the publication date is a holiday) - Unit: KRW 1,000