Property prices are a topic of great interest to many Singaporeans, whether you’re a homebuyer, investor, or simply curious about market trends. However, most property data is often presented in raw figures, making it challenging to grasp the bigger picture.
To provide a clearer perspective, we’ve mapped out HDB property prices based on MRT stations. Our data focuses on HDB flats located within 500 meters of an MRT station, helping you understand price trends in relation to transport accessibility. If a particular station does not have recent transactions, prices will not be reflected in the map.
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We believe that presenting property prices by MRT station offers an intuitive way to compare prices across different locations. Whether you’re looking for affordability, investment potential, or simply tracking market trends, this map will provide a quick and easy reference to Singapore’s HDB resale prices.
The property price data used in this analysis is sourced from Square Foot Research Singapore. Their data is compiled from URA records.
Important Notes on the Data:
- The prices reflect average HDB resale transaction prices (PSF) from the last six months.
- Only HDB flats located within 500m of an MRT station are included in this analysis.
- MRT stations without recent transactions will not have prices reflected on our maps.
- The MRT map image used in our visual is from Land Transport Authority (LTA).
Limitations & Disclaimer
This map serves as a general reference for HDB resale price trends rather than an exhaustive property market analysis.
Key Considerations:
While this analysis provides a broad overview of HDB resale prices near MRT stations, there are many key factors that can impact property values. Before making any property decisions, it’s important to consider the following:
- Actual Condition of the Property
- Lease Tenure and Age of Property
- Proximity to Amenities / Schools
- Supply & Demand Dynamics
- Government Policies and Cooling Measures
- Future Development and Urban Planning
- Market Conditions & Interest Rates
Ultimately, whether you’re planning to buy, sell, or invest in a property, conducting thorough research and consulting property professionals is always recommended.
Final Thought
The HDB resale market plays a crucial role in Singapore’s housing landscape, offering affordable homeownership options for Singaporeans. While property prices fluctuate based on location, market conditions, and government policies, it’s important to remember that HDB flats are primarily meant for personal residence rather than speculative investment.
For homebuyers, choosing the right flat should be based on lifestyle needs, long-term affordability, and family considerations, rather than just price appreciation potential. Proximity to MRT stations and amenities is a great advantage, but other factors such as the remaining lease, nearby schools, and community environment should also be taken into account.
While property ownership is a key aspect of wealth building, it should be balanced with other financial goals like retirement planning, stock investing, and savings strategies. Beyond real estate, diversifying into stocks, REITs, and other financial instruments can help create a well-rounded portfolio.
Some locations eg Punggol on NE line have much newer resale HDB thus the high price point despite being far from city center. HDB psf is more a reflection of flat age and attributes rather than location, as every satellite town is supposed to be self sufficient.