Singapore's Top 10 Most Expensive HDB Resale Transactions of All Time
Summary
Singapore's HDB resale market has long been a barometer of the nation's property landscape. What was once unthinkable — public housing flats crossing the million-dollar mark — has now become a recurring headline. As of February 2026, the record has been broken yet again, with a Queenstown loft flat fetching a jaw-dropping $1,700,000.
Here is a definitive look at Singapore's 10 highest HDB resale transactions ever recorded, based on official HDB data.
#1 — Blk 92, Dawson Rd, Queenstown — $1,700,000
5-Room | Premium Apartment Loft | 122 sqm | Feb 2026 Lease remaining: 89 years 3 months
The crown jewel of Singapore's HDB resale market. This Premium Apartment Loft at SkyTerrace @ Dawson became the most expensive HDB flat ever officially recorded in February 2026. With a double-volume ceiling and a loft layout rarely found in public housing, it sold at approximately $1,294 psf — a figure more commonly associated with private condominiums. The same block also held the previous national record, making SkyTerrace @ Dawson the undisputed home of Singapore's priciest public housing.
#2 — Blk 92, Dawson Rd, Queenstown — $1,658,888
5-Room | Premium Apartment Loft | 122 sqm | Jun 2025 Lease remaining: 89 years 11 months
Just eight months before the new record was set, the very same block at Dawson Road held the top spot. This mid-floor loft unit transacted at $1,658,888 ($1,263 psf) in June 2025, setting a benchmark that stood for less than a year. The fact that two of the top three most expensive HDB transactions in history occurred in the same block underscores just how coveted these rare loft units are.
#3 — Blk 275A, Bishan St 24, Bishan — $1,632,000
5-Room | DBSS | 120 sqm | Nov 2025 Lease remaining: 84 years 10 months
Bishan makes its mark with this Design, Build and Sell Scheme (DBSS) flat transacting at $1,632,000 in November 2025. DBSS flats are a discontinued HDB housing type developed by private developers, known for their superior finishes and larger layouts. Their limited supply and prime locations have consistently pushed prices upward in the resale market.
#4 — Blk 138A, Lor 1A Toa Payoh, Toa Payoh — $1,600,000
5-Room | DBSS | 117 sqm | Jan 2025 Lease remaining: 86 years 6 months
Toa Payoh, one of Singapore's oldest and most established HDB towns, entered the record books in January 2025. This DBSS unit at Lorong 1A fetched $1,600,000, driven by the town's excellent connectivity, mature amenities, and the scarcity of DBSS flats in the area. It reflects strong demand for centrally located, high-quality public housing.
#5 — Blk 1G, Cantonment Rd, Central Area — $1,600,000
5-Room | Type S2 | 105 sqm | Aug 2025 Lease remaining: 84 years 5 months
Tied at $1,600,000, this Central Area flat is one of only a handful of HDB units located in Singapore's city centre. Pinnacle@Duxton-area flats in the Central Area command a significant premium due to their unrivalled urban location. At 105 sqm and priced at around $1,524 psf, this is among the highest psf values in the top 10 — a testament to location's enduring value.
#6 — Blk 135, Bishan St 12, Bishan — $1,600,000
Executive | Maisonette | 163 sqm | Nov 2025 Lease remaining: 60 years 8 months
An Executive Maisonette in Bishan rounds out the $1,600,000 club. At 163 sqm, this is one of the largest units in the top 10. Executive Maisonettes are a beloved legacy flat type that HDB no longer builds, making existing stock highly sought after despite shorter remaining leases. This transaction shows that buyers are still willing to pay top dollar for space and character.
#7 — Blk 1A, Cantonment Rd, Central Area — $1,590,000
5-Room | Type S2 | 107 sqm | Sep 2025 Lease remaining: 84 years 4 months
Another Central Area entry, this Cantonment Road unit transacted at $1,590,000 just one month after its counterpart in the same precinct. The concentration of high-value transactions in this area reflects the limited number of HDB flats available in Singapore's prime central district — and the premium buyers are willing to pay to live there.
#8 — Blk 96A, Henderson Rd, Bukit Merah — $1,588,000
5-Room | Improved | 113 sqm | Jun 2024 Lease remaining: 94 years
Bukit Merah enters the list with a notable selling point — a remaining lease of 94 years, the longest in this top 10. This Henderson Road flat transacted at $1,588,000 in June 2024, appealing to buyers with a long investment horizon. Its proximity to the CBD and strong transport links made it a compelling buy at this price point.
#9 — Blk 9B, Boon Tiong Rd, Bukit Merah — $1,588,000
5-Room | Improved | 112 sqm | Jun 2024 Lease remaining: 90 years 8 months
In the same month as the Henderson Road transaction, another Bukit Merah flat at Boon Tiong Road matched the $1,588,000 mark. Both units reflect the sustained demand for well-located Bukit Merah flats, which benefit from proximity to the city fringe, hospitals, and transport nodes. The back-to-back record transactions in June 2024 signalled a pivotal moment in Singapore's resale market.
#10 — Blk 194, Bishan St 13, Bishan — $1,588,000
Executive | Maisonette | 163 sqm | Jul 2025 Lease remaining: 60 years 10 months
Bishan claims two spots in the top 10, with this Executive Maisonette completing the list. At 163 sqm, it ties as the largest flat in the ranking, and its $1,588,000 price tag reflects robust demand for spacious legacy flat types in a well-connected town. Despite the shorter lease, buyers clearly valued the generous floor area and the Bishan address.
What the Data Tells Us
Several themes emerge from Singapore's top 10 HDB resale transactions:
Rare flat types command the highest prices. Premium Apartment Lofts, DBSS flats, and Executive Maisonettes dominate the list. HDB no longer builds any of these types, making existing units a finite and increasingly scarce resource.
Location remains king. Queenstown, Bishan, Toa Payoh, Bukit Merah, and the Central Area — all mature, centrally located estates with excellent amenities and connectivity — feature prominently. These towns consistently attract buyers willing to pay a premium.
The $1.5M ceiling has been well and truly broken. Just a few years ago, $1.5 million for an HDB flat was considered extraordinary. Today, ten transactions have crossed that threshold, with the latest record at $1.7 million. The question now being asked across Singapore's property community: is $2 million next?
Explore Singapore's HDB Transaction Records
Curious about the highest transactions in your town or estate? Visit Kriosm.sg for a comprehensive, up-to-date look at Singapore's HDB resale market data — from town highs to nationwide records.