Million Dollar HDB Flats In Singapore

Last updated: 10 September 2026

This page tracks million-dollar HDB resale transactions in Singapore, covering flats that have transacted for at least $1 million. As of 10 September 2026, a total of 1,349 HDB resale transactions in Singapore have crossed the million-dollar mark, with activity heavily concentrated in mature estates such as Toa Payoh, Bukit Merah, and Queenstown.

These million-dollar HDB flats are typically located in mature or city-fringe estates, where factors such as larger flat sizes, strong MRT connectivity, central locations, longer remaining leases, and limited resale supply can support higher resale prices.

The highest recorded transaction is a 5-room flat in Bukit Merah, which transacted for $1,728,000 in April 2026.

This page is updated regularly with resale prices, towns, flat types, floor areas, estimated PSF values, nearby MRT access, and transaction months.

Million-Dollar HDB Market Snapshot

In August 2026, Singapore recorded 201 million-dollar HDB resale transactions. The average resale price among these transactions was $1,158,564, with an estimated average PSF of $964.

August 2026 $1M+ Sales
201

2026 YTD $1M+ Sales
1,349

Average Resale Price
$1,158,564

Average PSF
$964

The highest million-dollar HDB transaction in August 2026 was a 5-room flat at 9B Boon Tiong Rd in Bukit Merah, which transacted for $1,688,888.

Million-Dollar HDB Transactions Chart

In September 2026, Singapore recorded 59 million-dollar HDB resale transactions, the 28th-highest monthly total on record, just 142 below the all-time peak of 201 in August 2026. Over the latest 12 months, 1,698 such flats changed hands, representing 31.6% of all million-dollar HDB resales since July 2012. The cumulative total now stands at 5,373 sales, with activity concentrated in mature towns such as Queenstown, Toa Payoh, Bishan and Bukit Merah.

Million-Dollar HDB Sales By Month

This section compares monthly million-dollar HDB resale transactions in 2026 against the same months in 2025. It helps show whether Singapore’s million-dollar HDB market is growing, slowing, or staying broadly similar year on year.

September 2026
vs 172 in September 2025

59 sales
-113 sales
-65.7% YoY

August 2026
vs 141 in August 2025

201 sales
+60 sales
+42.6% YoY

July 2026
vs 167 in July 2025

187 sales
+20 sales
+12.0% YoY

June 2026
vs 132 in June 2025

188 sales
+56 sales
+42.4% YoY

May 2026
vs 142 in May 2025

166 sales
+24 sales
+16.9% YoY

April 2026
vs 141 in April 2025

138 sales
-3 sales
-2.1% YoY

March 2026
vs 108 in March 2025

144 sales
+36 sales
+33.3% YoY

February 2026
vs 121 in February 2025

121 sales
No change

January 2026
vs 118 in January 2025

145 sales
+27 sales
+22.9% YoY

September 2026 Million-Dollar HDB Transactions

These are the latest available HDB resale transactions in Singapore that crossed the million-dollar mark.

September 2026
$1,015,000
Woodlands
· Executive · Apartment
· 184 sqm · Mid Floor
· $512 PSF
· Blk 124 Marsiling Rise
· ~900m to Woodlands MRT
· Remaining lease: 67 years 7 months
September 2026
$1,480,000
Toa Payoh
· 5-room · Improved
· 113 sqm · High Floor
· $1,217 PSF
· Blk 110B Bidadari Pk Dr
· Remaining lease: 94 years 4 months
September 2026
$1,180,000
Toa Payoh
· 4-room · Model A
· 93 sqm · High Floor
· $1,179 PSF
· Blk 110A Bidadari Pk Dr
· Remaining lease: 94 years 4 months
September 2026
$1,200,000
Queenstown
· 4-room · Model A
· 93 sqm · High Floor
· $1,199 PSF
· Blk 31 Ghim Moh Link
· ~370m to Commonwealth MRT
· Remaining lease: 90 years 10 months
September 2026
$1,292,000
Hougang
· Executive · Maisonette
· 148 sqm · Mid Floor
· $811 PSF
· Blk 221 Hougang St 21
· ~430m to Kovan MRT
· Remaining lease: 65 years 1 month
September 2026
$1,155,000
Bukit Merah
· 4-room · Model A
· 100 sqm · High Floor
· $1,073 PSF
· Blk 75C Redhill Rd
· ~90m to Redhill MRT
· Remaining lease: 79 years 5 months
September 2026
$1,015,000
Bukit Merah
· 4-room · Model A
· 93 sqm · Low Floor
· $1,014 PSF
· Blk 127A Kim Tian Rd
· ~560m to Tiong Bahru MRT
· Remaining lease: 85 years 6 months
September 2026
$1,165,000
Toa Payoh
· 4-room · Model A
· 93 sqm · High Floor
· $1,164 PSF
· Blk 104A Bidadari Pk Dr
· ~430m to Woodleigh MRT
· Remaining lease: 93 years 10 months
September 2026
$1,100,000
Toa Payoh
· 4-room · Model A
· 93 sqm · High Floor
· $1,099 PSF
· Blk 118A Alkaff Cres
· ~450m to Woodleigh MRT
· Remaining lease: 93 years 4 months
September 2026
$1,185,000
Queenstown
· 4-room · Model A
· 93 sqm · High Floor
· $1,184 PSF
· Blk 33 Ghim Moh Link
· ~660m to Commonwealth MRT
· Remaining lease: 90 years 10 months

Towns With The Most Million-Dollar HDB Flats

Million-dollar HDB transactions are not evenly spread across Singapore. They are more concentrated in towns with stronger resale demand, larger flats, mature amenities, central locations, or limited supply of premium HDB units.

#1
Toa Payoh
815 transactions
Average price: $1,139,239
Highest price: $1,600,000
Average PSF: $1,011
Activity period: July 2017 to September 2026
#2
Bukit Merah
675 transactions
Average price: $1,128,220
Highest price: $1,728,000
Average PSF: $997
Activity period: July 2018 to September 2026
#3
Queenstown
634 transactions
Average price: $1,139,789
Highest price: $1,700,000
Average PSF: $1,039
Activity period: July 2012 to September 2026
#4
Kallang/Whampoa
536 transactions
Average price: $1,118,735
Highest price: $1,568,000
Average PSF: $988
Activity period: April 2013 to September 2026
#5
Bishan
431 transactions
Average price: $1,163,929
Highest price: $1,650,000
Average PSF: $810
Activity period: October 2012 to September 2026
#6
Central Area
411 transactions
Average price: $1,217,299
Highest price: $1,701,000
Average PSF: $1,134
Activity period: February 2015 to September 2026
#7
Ang Mo Kio
318 transactions
Average price: $1,111,224
Highest price: $1,500,000
Average PSF: $920
Activity period: May 2020 to September 2026
#8
Clementi
299 transactions
Average price: $1,154,994
Highest price: $1,590,000
Average PSF: $996
Activity period: August 2016 to September 2026
#9
Geylang
175 transactions
Average price: $1,071,026
Highest price: $1,375,000
Average PSF: $903
Activity period: December 2020 to September 2026
#10
Tampines
164 transactions
Average price: $1,060,102
Highest price: $1,240,000
Average PSF: $700
Activity period: September 2022 to September 2026

Million-Dollar HDB Flats By Flat Type

Million-dollar HDB transactions are usually concentrated among larger flat types, although some smaller flats in highly desirable estates may also cross the million dollar mark when location, floor level, lease profile, and demand are strong.

5-room
2,215 transactions
Average price: $1,163,731
Highest price: $1,728,000
Average PSF: $935
Activity period: February 2015 to September 2026

4-room
1,877 transactions
Average price: $1,106,138
Highest price: $1,550,000
Average PSF: $1,109
Activity period: June 2018 to September 2026

Executive
1,242 transactions
Average price: $1,105,102
Highest price: $1,650,000
Average PSF: $680
Activity period: July 2012 to September 2026

3-room
25 transactions
Average price: $1,153,747
Highest price: $1,568,000
Average PSF: $659
Activity period: April 2013 to September 2026

Multi-Generation
14 transactions
Average price: $1,133,528
Highest price: $1,388,888
Average PSF: $641
Activity period: October 2022 to September 2026

FAQs About Million-Dollar HDB Flats

How many million-dollar HDB flats were sold in 2026?

As of 10 September 2026, based on the latest updated data, 1,349 HDB resale flats have crossed the $1 million mark in 2026.

What is considered a million-dollar HDB flat?

A million-dollar HDB flat refers to an HDB resale flat in Singapore that transacted for at least $1 million.

Why are HDB flats crossing $1 million?

HDB flats are crossing the $1 million mark because some resale flats combine several high-value factors, including mature-estate locations, larger floor areas, longer remaining leases, higher floors, strong MRT access, popular amenities, and limited supply of comparable flats.

Which town has the most million-dollar HDB flats?

Based on the latest updated data as of 10 September 2026, Toa Payoh has the highest number of million-dollar HDB resale transactions, with 815 recorded transactions.

Are million-dollar HDB flats still increasing?

Million-dollar HDB resale activity should be assessed using updated monthly and year-to-date transaction counts. This page tracks the latest available million-dollar HDB transactions to show whether activity is rising, slowing, or stabilising over time.

What flat types commonly exceed $1 million?

Larger HDB flat types such as 5-room, executive, and maisonette flats commonly exceed $1 million, especially when they are in mature estates, city-fringe locations, high-floor units, or areas near MRT stations.

Can 4-room flats become million-dollar HDBs?

Yes. Some 4-room HDB flats can become million-dollar HDBs when they are located in highly sought-after estates, newer blocks, high floors, city-fringe areas, or locations with strong MRT access. However, larger flat types usually make up a bigger share of million-dollar HDB transactions.

What is the highest million-dollar HDB transaction?

Based on the latest updated data as of 10 September 2026, the highest recorded transaction is a 5-room flat in Bukit Merah, which transacted for $1,728,000 in April 2026.

Which flat type has the most million-dollar HDB sales?

Based on the latest updated data as of 10 September 2026, the most common flat type among million-dollar HDB transactions is 5-room, with 2,215 recorded transactions.

Which month recorded the most million-dollar HDB sales?

Based on the latest updated data as of 10 September 2026, the busiest month was August 2026, with 201 million-dollar HDB resale transactions.