Central Area HDB Resale Price
Central Area is Singapore’s core city-centre district, located primarily within Districts 1, 2, 6, 7, 9, and 10 around the Downtown Core, Marina Bay, Rochor, Outram, Tanjong Pagar, and Orchard regions. Known for its direct access to the Central Business District, integrated transport connectivity, and limited public housing supply, the Central Area remains one of the most unique and closely monitored HDB resale markets in Singapore.
Unlike larger suburban HDB towns, the Central Area consists of a relatively limited number of public housing projects concentrated across mature city-fringe and downtown neighbourhoods such as Tanjong Pagar, Kreta Ayer, Chinatown, Jalan Besar, Rochor, Selegie, and parts of Outram. Due to their exceptionally central location and limited supply, HDB resale flats within the Central Area have consistently attracted strong buyer demand from both owner-occupiers and long-term investors seeking city-centre accessibility and lifestyle convenience.
Over the years, Central Area HDB resale prices have frequently ranked among the highest across Singapore’s HDB towns. Flats located near MRT interchanges, integrated developments, commercial hubs, and lifestyle districts have regularly achieved strong PSF levels and million-dollar resale transactions. High-floor units with city skyline views, newer lease profiles, and projects located near the Downtown Core have generally commanded stronger resale demand and pricing resilience.
One of the Central Area’s key strengths lies in its unparalleled transport connectivity and proximity to major employment hubs. Residents benefit from extensive MRT coverage across the North-South, East-West, North East, Circle, Downtown, and Thomson-East Coast Lines, providing relatively seamless connectivity across Singapore. Areas such as Tanjong Pagar, Chinatown, Bugis, Rochor, and Outram Park offer direct access to major commercial, healthcare, and lifestyle districts within minutes.
The Central Area may also continue benefiting from long-term urban transformation initiatives linked to Marina Bay, the Greater Southern Waterfront, and continued CBD rejuvenation efforts. Ongoing mixed-use developments, office decentralisation strategies, pedestrian-friendly infrastructure improvements, and expanded lifestyle offerings may continue strengthening long-term residential demand across the city-centre corridor. Flats located near MRT stations, integrated developments, and key commercial zones may continue attracting sustained resale and rental interest over time.
Despite its highly urbanised environment, the Central Area also offers access to established amenities, healthcare institutions, cultural districts, dining clusters, and waterfront lifestyle spaces. Areas near Singapore General Hospital, Marina Bay, Clarke Quay, Bugis, and Chinatown continue supporting strong housing demand from buyers seeking convenience, connectivity, and city-centre living.
This page serves as the main Central Area HDB resale price and market analysis hub by HDB Insights. Here, you can explore the latest Central Area HDB resale prices, monthly transaction activity, PSF trends, flat type performance, million-dollar flat activity, lease profile patterns, MRT proximity trends, and record-setting resale transactions across the town.
May 2026 Central Area HDB Resale Price Overview
This overview summarises the latest HDB resale transaction activity and pricing trends observed across Central Area, located in District 01/02, Central Region.
Central Area recorded 12 HDB resale transactions in May 2026. The average resale price was $839,065, while the median resale price was $780,000. On a PSF basis, the average price was approximately $923 PSF, while the median PSF was approximately $834 PSF.
The highest recorded resale transaction for the month was $1,438,888 at 1E Cantonment Road. This was a mid-floor Type S1 4-room flat with a floor area of 94 sqm, achieving an estimated $1,422 PSF. The flat was located approximately 510m from Outram Park MRT station.
The highest PSF transaction was recorded at 1E Cantonment Road, where a mid-floor Type S1 4-room flat achieved approximately $1,422 PSF. The flat was located approximately 510m from Outram Park MRT station.
4 million-dollar HDB resale transactions were recorded in Central Area during the month. The most active flat type was 4-room, with 7 transactions.
9 transactions were located within 500m of an MRT station during the month.
The data below highlights key resale price movements, transaction activity, and notable market trends observed across Central Area.
Most Expensive HDB Flat Types Sold in Central Area
This section tracks the highest recorded HDB resale prices by flat type in Central Area, based on available resale transactions in the database.
Highest 2-room Resale Price
The current 2-room price record in Central Area was set by a mid-floor Standard flat at 32 New Mkt Road, which sold for $430,000 in June 2023.
The transaction achieved approximately $634 PSF based on a floor area of 63 sqm. The flat was located approximately 170m from Chinatown MRT station.
There has been 1 near-record attempt so far, with the closest sale reaching $420,000, about $10,000 below the existing record. The latest near-record attempt was recorded in August 2022.
Highest 3-room Resale Price
The current 3-room price record in Central Area was set by a mid-floor Improved flat at 3 Tg Pagar Plaza, which sold for $655,000 in May 2026.
The transaction achieved approximately $869 PSF based on a floor area of 70 sqm.
There have been 7 near-record attempts so far, with the closest sale reaching $648,000, about $7,000 below the existing record. The latest near-record attempt was recorded in January 2026.
Highest 4-room Resale Price
The current 4-room price record in Central Area was set by a high-floor Type S1 flat at 1C Cantonment Road, which sold for $1,518,000 in March 2025.
The transaction achieved approximately $1,500 PSF based on a floor area of 94 sqm. The flat was located approximately 440m from Maxwell MRT station.
There have been 7 near-record attempts so far, with the closest sale reaching $1,500,000, about $18,000 below the existing record. The latest near-record attempt was recorded in April 2026.
Highest 5-room Resale Price
The current 5-room price record in Central Area was set by a high-floor Type S2 flat at 1G Cantonment Road, which sold for $1,600,000 in August 2025.
The transaction achieved approximately $1,416 PSF based on a floor area of 105 sqm. The flat was located approximately 550m from Tanjong Pagar MRT station.
There have been 11 near-record attempts so far, with the closest sale reaching $1,590,000, about $10,000 below the existing record. The latest near-record attempt was recorded in January 2026.
Highest Executive Resale Price
The current Executive price record in Central Area was set by a high-floor Adjoined Flat flat at 633 Veerasamy Road, which sold for $1,118,000 in July 2023.
The transaction achieved approximately $721 PSF based on a floor area of 144 sqm. The flat was located approximately 70m from Jalan Besar MRT station.
No near-record attempts have been recorded so far based on the current threshold.
Record levels may change as new resale transactions are recorded. Near-record attempts are useful because they show whether recent transactions are still testing the upper end of the town’s resale price range.
Central Area HDB Resale Price Summary
What Is the Average HDB Resale Price in Central Area?
Based on 12 recorded resale transactions in May 2026, the average HDB resale price in Central Area was approximately $839,065, while the median resale price was approximately $780,000.
This suggests that several higher-priced transactions lifted the average above the typical resale price during the month.
What Is the Average PSF in Central Area?
In May 2026, Central Area resale flats averaged approximately $923 PSF, while the median PSF stood at approximately $834 PSF. Actual PSF levels can vary depending on flat type, floor area, remaining lease, floor level, and proximity to MRT stations.
A higher average PSF than median PSF suggests that some stronger PSF transactions lifted the overall average above the typical transaction level.
Which Flat Type Had the Most Transactions?
4-room flats recorded the highest resale activity in Central Area during May 2026, with 7 completed transactions.
This suggests that mainstream family-sized flats formed the core of resale demand during the month.
Which Flat Type Was the Most Expensive?
Among the tracked flat types, 4-room flats recorded the highest average resale price in May 2026 at approximately $1,070,270.
This suggests that selected 4-room flats can still achieve strong absolute prices, especially when they combine good locations, higher floors, or stronger lease profiles.
How Many Million-Dollar HDB Flats Were Sold?
Central Area recorded 20 million-dollar HDB resale transactions year-to-date through May 2026. Over the rolling 12-month period from June 2025 to May 2026, the town recorded 53 million-dollar resale transactions.
This suggests that million-dollar resale activity is becoming more visible in Central Area, although it is still likely concentrated among selected larger, newer, or better-located flats.
Central Area HDB Resale Price FAQs
Central Area recorded 20 million-dollar HDB resale transactions year-to-date through May 2026. Flats with longer remaining leases, larger floor areas, higher floors, and stronger access to MRT stations often command higher resale prices.
HDB flats located closer to MRT stations in Central Area generally attract stronger buyer demand. However, price differences still depend on flat type, remaining lease, floor level, project age, and overall market conditions.
Some older Central Area HDB flats can still command strong resale prices because of their size, location, and established amenities. However, remaining lease remains an important factor when comparing older flats with newer projects.
In May 2026, 4-room flats recorded the highest average resale price at approximately $1,070,270. Key factors affecting Central Area HDB resale prices include remaining lease, floor level, flat model, MRT proximity, project age, floor area, and overall market demand.
Central Area recorded 12 resale transactions in May 2026, with a median resale price of approximately $780,000. The town remains popular among resale buyers seeking family-sized flats, transport connectivity, schools, malls, parks, and neighbourhood amenities.
Higher-priced areas in Central Area usually depend on transport access, remaining lease, flat type, floor level, floor area, and nearby amenities. Buyers should compare recent transactions by block, street, and flat type instead of relying only on town-level averages.
High-floor flats in Central Area often command stronger resale prices, especially when they are located in newer lease projects or near MRT stations. However, price differences still depend on flat type, floor area, remaining lease, block location, and buyer demand at the time of sale.
The Central Area HDB resale price guide was last updated with May 2026 transaction data and is refreshed regularly using the latest available HDB resale records.