Million-Dollar HDB Tracker
Tracking every HDB resale transaction above S$1,000,000 in Singapore. 1,000 flats and counting.
How many million-dollar HDB flats are there?
There are 1,000 recorded HDB resale transactions at S$1 million or above in Singapore. Central Area leads all towns with 186 million-dollar transactions. The highest price ever recorded is S$1,700,000 in Queenstown. In 2026, there were 433 million-dollar transactions, up from 264 in 2025.
Year-by-Year Trend
The million-dollar HDB phenomenon has accelerated sharply. In 2017, only 21 flats crossed the S$1M mark. By 2026, that number had grown to 433. The average price of a million-dollar flat has also risen, from S$1.0M in 2017 to S$1.2M in 2026.
| Year | Transactions | Avg Price |
|---|---|---|
| 2017 | 21 | S$1.0M |
| 2018 | 71 | S$1.1M |
| 2019 | 64 | S$1.1M |
| 2020 | 82 | S$1.1M |
| 2021 | 63 | S$1.1M |
| 2022 | 1 | S$1.1M |
| 2024 | 1 | S$1.1M |
| 2025 | 264 | S$1.2M |
| 2026 | 433 | S$1.2M |
Million-Dollar HDB Flats by Town
Central Area leads all HDB towns with 186 million-dollar transactions and a record price of S$1,600,000. Central, mature estates dominate this list because they combine large flat types (maisonettes, DBSS), long remaining leases, and proximity to MRT stations and the CBD.
Central Area
Top street: CANTONMENT RD (186 txns)
186 flats
Max: S$1.6M
Bishan
Top street: BISHAN ST 24 (66 txns)
152 flats
Max: S$1.6M
Bukit Merah
Top street: BOON TIONG RD (60 txns)
143 flats
Max: S$1.6M
Toa Payoh
Top street: LOR 1A TOA PAYOH (55 txns)
103 flats
Max: S$1.6M
Queenstown
Top street: DAWSON RD (39 txns)
96 flats
Max: S$1.7M
Clementi
Top street: CLEMENTI AVE 3 (63 txns)
93 flats
Max: S$1.5M
Kallang/Whampoa
Top street: BOON KENG RD (31 txns)
64 flats
Max: S$1.6M
Bukit Timah
Top street: TOH YI DR (57 txns)
57 flats
Max: S$1.5M
Ang Mo Kio
Top street: ANG MO KIO ST 52 (20 txns)
50 flats
Max: S$1.5M
Geylang
Top street: PINE CL (6 txns)
14 flats
Max: S$1.4M
Serangoon
Top street: SERANGOON AVE 2 (8 txns)
10 flats
Max: S$1.2M
Bedok
Top street: LENGKONG TIGA (7 txns)
9 flats
Max: S$1.3M
Punggol
Top street: PUNGGOL FIELD (4 txns)
6 flats
Max: S$1.5M
Hougang
Top street: HOUGANG ST 21 (3 txns)
6 flats
Max: S$1.4M
Marine Parade
Top street: MARINE DR (2 txns)
3 flats
Max: S$1.4M
Yishun
Top street: YISHUN AVE 4 (3 txns)
3 flats
Max: S$1.3M
Pasir Ris
Top street: PASIR RIS DR 1 (1 txns)
3 flats
Max: S$1.3M
Tampines
Top street: TAMPINES ST 12 (1 txns)
1 flats
Max: S$1.2M
Jurong East
Top street: TOH GUAN RD (1 txns)
1 flats
Max: S$1.2M
What Makes an HDB Flat Worth S$1 Million?
Million-dollar HDB flats share several common characteristics. The most important factor is size: maisonettes (two-storey HDB units no longer built since 1995), DBSS flats (developed by private developers with higher-spec finishes), and executive flats make up the majority of S$1M+ transactions.
Remaining lease matters significantly. Flats with 80+ years of remaining lease command higher prices because they allow full CPF usage and bank financing. Location is the third factor: mature estates near MRT stations, within walking distance of the CBD or popular schools, consistently achieve higher valuations.
Floor level also plays a role. High-floor units with unobstructed views can command premiums of 15-25% over low-floor units in the same block. Renovation quality, while subjective, can add S$50,000-S$100,000 for extensively renovated units.
Frequently Asked Questions
How many million-dollar HDB flats are there in Singapore?
As of our latest data, 1,000 HDB resale transactions have crossed the S$1 million mark. CENTRAL AREA leads with 186 transactions, followed by BISHAN with 152.
What is the most expensive HDB flat ever sold?
The highest recorded HDB resale price is S$1,700,000 in QUEENSTOWN. Million-dollar flats are typically large units (maisonettes, DBSS, or executive flats) with long remaining leases, on high floors, in mature estates.
Which HDB towns have the most million-dollar flats?
The top 5 towns are: Central Area (186), Bishan (152), Bukit Merah (143), Toa Payoh (103), Queenstown (96). Central, mature towns with good MRT connectivity dominate the million-dollar segment.
Explore HDB prices by town
View detailed HDB resale analysis for every town in Singapore, including prices by flat type, floor premiums, and lease age impact.
Source: HDB Resale Flat Prices via data.gov.sg. Analysis by FairComparisons.