5-Room resale prices in Central Area · 2023

Central Area 5-room resale prices in 2023

Sales with a contract date in 2023 · single-unit sales only

What did 5-room flats in Central Area sell for in 2023?

Median price in 2023

S$1,339,000S$986,000 – S$1,400,000

25th to 75th percentile · S$12,692 psm median (S$7,755 psm – S$13,208 psm) · from 16 recorded sales

16 recorded sales of Central Area 5-room flats in 2023 had a median price of S$1,339,000 (25th to 75th percentile S$986,000 to S$1,400,000) and a median S$12,692 psm (S$7,755 psm to S$13,208 psm). Latest recorded sale Dec 2023. Indicative, from recorded HDB resale prices.

Against 2022 (29 sales, median S$1,170,000 and S$11,143 psm), the median price is +14.4% and the median psm +13.9%. That compares the medians of what happened to sell in each year, not a price index: a different mix of units moves it too.

Highest and lowest sale in 2023

Highest	S$1,480,000 · 107 sqm · S$13,832 psm	Aug 2023 · floor 28 to 30	Blk 1d Cantonment Rd
Lowest	S$775,000 · 105 sqm · S$7,381 psm	Apr 2023 · floor 16 to 18	Blk 672b Klang Lane

Median psm by quarter, 2023

Quarter	Sales	Median	25th to 75th percentile
Q1 2023	6	S$12,702 psm	S$12,075 psm – S$12,863 psm
Q2 2023	2	S$10,294 psm	S$8,838 psm – S$11,751 psm
Q3 2023	4	S$10,304 psm	S$7,706 psm – S$13,015 psm
Q4 2023	4	S$12,930 psm	S$11,109 psm – S$13,536 psm

How this is worked out

Every figure is HDB resales of this flat type in the town, from 2017 with a contract date in the calendar year, leaving out sales flagged at ingest as unrepresentative (such as related-party and bulk transfers) and any caveat filed for several units together. A year is published only with at least 10 such sales; the current year is published as it stands, so far. The previous-year change is given only when that year also has enough sales of its own, and is left out where the records begin inside that previous year, so a whole year is never set against a few months.