Central Region HDB Resale Prices

Last updated: 10 September 2026

Central Region HDB resale prices often attract attention because this part of Singapore includes some of the country’s most established and best-connected HDB towns, including Bishan, Bukit Merah, Bukit Timah, Central Area, Geylang, Kallang / Whampoa, Queenstown, and Toa Payoh. Official HDB and URA planning materials consistently highlight these estates for their strong transport connectivity, mature amenities, healthcare access, greenery, and city-fringe convenience. Mature towns such as Queenstown and Toa Payoh also remain important landmarks in Singapore’s public housing history, while Bishan and Kallang / Whampoa continue to stand out for their accessibility and proximity to key commercial and lifestyle areas.

That is also why understanding Central Region HDB resale prices requires more than looking at a single average figure. Resale prices across these central and city-fringe estates can vary significantly depending on flat type, remaining lease, proximity to MRT stations, floor level, surrounding amenities, and the specific characteristics of each block and flat. Comparing recent resale transactions across nearby flats, neighbouring towns, and different flat types often provides a clearer picture of how the market is moving across the Central Region.

This Central Region HDB resale price guide brings together recent resale transaction trends, town-level comparisons, price movements, PSF insights, and notable resale activity across Singapore’s central HDB estates. Whether you are researching prices in Queenstown, comparing resale trends in Bishan and Toa Payoh, or tracking city-fringe HDB markets such as Kallang / Whampoa and Geylang, understanding how different towns and flat types perform over time can provide better context for buyers, sellers, homeowners, and market watchers.

Median Resale Price
$840,888
+5.1% vs August 2026
Median PSF
$773 psf
+0.3% vs August 2026
Transactions
137
-70.3% vs August 2026
Million-Dollar Sales
37
-70.4% vs August 2026

The most active HDB town in region in September 2026 was Toa Payoh, with 32 resale transactions. The highest recorded transaction in region was a 5 Room flat in Central Area, sold for $1,701,000.

Central Region HDB Resale Market Analysis

This analysis reflects HDB resale market activity in September 2026, including pricing trends, transaction volumes and buyer demand across Bishan, Bukit Merah, Bukit Timah, Central Area, Geylang, Kallang / Whampoa, Queenstown and Toa Payoh.

Central Region HDB resale prices remained active in September 2026, with the median resale price reaching $840,888 and the median resale price per square foot holding around $773 psf.

The Central Region HDB market covers Bishan, Bukit Merah, Bukit Timah, Central Area, Geylang, Kallang / Whampoa, Queenstown and Toa Payoh. These towns attract different buyer profiles depending on transport connectivity, estate maturity, flat size, remaining lease, schools, amenities and access to employment hubs.

Resale activity across the region changed by -70.3% month-on-month, with 137 transactions recorded in September 2026. Toa Payoh was the most active Central Region HDB town during the month, recording 32 transactions.

Million-dollar HDB activity in the Central Region recorded 37 transactions during the month, while 839 million-dollar transactions were recorded year-to-date. The highest transaction reached $1,701,000 in Central Area.

For buyers comparing Central Region HDB towns, it is useful to look beyond headline resale prices. Flat type, remaining lease, MRT or LRT proximity, project age, floor level and town-specific demand can all affect how resale prices move across Bishan, Bukit Merah, Bukit Timah, Central Area, Geylang, Kallang / Whampoa, Queenstown and Toa Payoh.

Central Region HDB Resale Market Analysis

Compare median PSF trends across Central Region HDB towns using recent resale transactions.

#1

Queenstown

Median Price$920,000

Median PSF$1,137 psf

Transactions21

Million-Dollar Sales8

#2

Toa Payoh

Median Price$876,500

Median PSF$898 psf

Transactions32

Million-Dollar Sales11

#3

Bukit Merah

Median Price$775,000

Median PSF$889 psf

Transactions21

Million-Dollar Sales6

#4

Bukit Timah

Median Price$1,140,000

Median PSF$868 psf

Transactions2

Million-Dollar Sales1

#5

Central Area

Median Price$820,000

Median PSF$772 psf

Transactions5

Million-Dollar Sales2

#6

Bishan

Median Price$890,000

Median PSF$733 psf

Transactions11

Million-Dollar Sales1

#7

Kallang/Whampoa

Median Price$728,888

Median PSF$671 psf

Transactions29

Million-Dollar Sales7

#8

Geylang

Median Price$661,888

Median PSF$665 psf

Transactions16

Million-Dollar Sales1

Central Region HDB Prices By Flat Type

Compare the highest and lowest town median resale prices by flat type in Central Region towns.

3-room Flats

Gap: $126,500

Highest town median
Bukit Merah
$486,500
$647 PSF · 8 transactions
Lowest town median
Toa Payoh
$360,000
$502 PSF · 11 transactions

4-room Flats

Gap: $360,000

Highest town median
Queenstown
$1,120,000
$1,151 PSF · 11 transactions
Lowest town median
Bishan
$760,000
$765 PSF · 7 transactions

5-room Flats

Gap: $305,000

Highest town median
Kallang/Whampoa
$1,035,000
$692 PSF · 3 transactions
Lowest town median
Bukit Merah
$730,000
$595 PSF · 5 transactions

Looking at resale prices by flat type often provides a clearer picture of the central region market. Some towns may appear more affordable overall because they record more smaller-flat transactions, even though larger HDB flats may still command significantly higher resale prices.

What Drives Demand In Central Region HDB Towns

City-Fringe Convenience

Many central HDB estates are located closer to the CBD, Orchard Road and key employment hubs. Shorter commuting times continue to support stronger resale demand in towns such as Queenstown, Bishan and Bukit Merah.

MRT Accessibility And Resale Demand

Flats located near MRT interchanges and mature transport corridors often command stronger resale interest and higher PSF values. This is especially visible in projects located near Redhill, Commonwealth, Bishan and Toa Payoh MRT stations.

Appeal Of Mature HDB Towns

Central estates typically benefit from established amenities, schools, hawker centres, healthcare infrastructure and older town centres. These features can contribute to more stable long-term owner-occupier demand compared to newer estates.

Limited New Flat Supply

Some central HDB towns have relatively limited new flat supply and fewer large redevelopment opportunities. This can contribute to stronger resale competition for well-located flats in mature estates.

Million-Dollar HDB Resale Activity

Central Region towns are often associated with some of Singapore’s highest HDB resale prices, particularly for larger flats, premium projects and city-fringe developments with stronger accessibility.

Balancing Space And Location

Buyers comparing central and non-central HDB towns often face a trade-off between larger suburban flats and smaller but more centrally located homes with stronger transport convenience and accessibility.

Explore HDB Resale Prices By Town

Compare HDB resale prices, PSF trends, million-dollar activity, and transaction records across Central Region towns. The latest town transaction counts below are based on resale activity in Sep 26.