Which HDB town is most expensive?
All 26 HDB towns ranked by median 4-room resale price — HDB's official published statistics, updated every quarter. The 4-room flat is Singapore's most transacted type, which makes it the cleanest town-to-town yardstick.
As of Q3 2025, the most expensive HDB town by median 4-room resale price is Central Area at S$1,346,800, ahead of Queenstown at S$1,038,000, while the least expensive town with a published median is Marine Parade at S$360,000, according to PropKaki's Singapore HDB Town Price Tracker using HDB's official statistics on registered resale applications via data.gov.sg.
The ten most expensive HDB towns
| Rank | Town | Median 4-room resale price | As of |
|---|---|---|---|
| 1 | Central Area | S$1,346,800 | Q3 2025 |
| 2 | Queenstown | S$1,038,000 | Q1 2026 |
| 3 | Toa Payoh | S$1,000,000 | Q1 2026 |
| 4 | Bukit Merah | S$938,000 | Q1 2026 |
| 5 | Kallang/Whampoa | S$929,000 | Q1 2026 |
| 6 | Geylang | S$808,400 | Q1 2026 |
| 7 | Bishan | S$805,000 | Q1 2026 |
| 8 | Clementi | S$781,000 | Q1 2026 |
| 9 | Punggol | S$685,000 | Q1 2026 |
| 10 | Tampines | S$668,000 | Q1 2026 |
Towns without a published median for the latest quarter — too few transactions, or no 4-room stock — are omitted rather than ranked on stale figures.
Why central towns top the table
The most expensive towns are consistently mature central estates — locations close to the city core, with strong transport links and established amenities. Their resale stock also tends to be older, so a central 4-room flat often costs more than a larger flat with a longer lease further out. Median prices describe what buyers actually paid, not asking prices.
All 26 towns with 3-room, 5-room and Executive medians, per-town transaction counts and trend charts: the Singapore HDB Town Price Tracker. How prices vary with remaining lease: Do old HDB flats lose value?