Resale flat prices may be seeing slower growth, but they’re still past any price level prior to Covid; and from the look of things, the $500,000 resale 5-room flat may be a thing of the past.
Or is it? As it turns out, it’s still
barely possible from what we’ve seen in 2023, depending on which districts you look in. For those of you who are on a budget, but absolutely must get a resale 5-room, here are some towns you might want to look into:
First, a look at 5-room flat price movements over 2023
Non-mature estate price movement
| Non Mature |
2023-H1 |
2023-H2 |
|
| Town |
Average Price |
Average Age |
Vol |
Average Price |
Average Age |
Vol |
Change in price |
| BUKIT BATOK |
$763,769 |
11 |
109 |
$760,953 |
13 |
153 |
-0.4% |
| BUKIT PANJANG |
$629,501 |
24 |
85 |
$633,953 |
25 |
116 |
0.7% |
| CHOA CHU KANG |
$589,032 |
22 |
166 |
$595,355 |
22 |
200 |
1.1% |
| HOUGANG |
$679,737 |
24 |
119 |
$687,979 |
26 |
168 |
1.2% |
...
