Issue 001October 2, 2026

North HDB Pulse | September 2026 | HDB Resale & Rental

Verified & checked as of 3 Nov 2026

North HDB Pulse September 2026
Roncasa ▪ Data Pulse North · HDB Verified as of 31 Oct 2026 September 2026
Buying: Stable Selling: Balanced Renting: Stable
North Median Resale PSF
$541
+0.2% MoM
Resale Volume
348
Median Monthly Rent
$3,100
Towns In Region
3

North HDB resale held steady in September 2026, with 348 transactions across the region.

North HDB resale: price is flat (median $541 psf, +0.2% MoM), volume is declining (348 caveats, -20.2% MoM) across 3 of the region's towns this September. 4-Room flats were the most actively traded this month. The rental market moved 354 leases over the same window.

+0.2%
PSF MoM
348
Resale Txns
3
Towns Active

Verified as of 31 Oct 2026 · Resale data through September 2026 · Rental data through September 2026

01Region Context

North resale PSF held steady to $541 in September 2026 (+0.2% MoM), against Singapore's island-wide median of $595.

$524$591$658JunJulAugSep$541 ↑0.2%NorthOther Regions (avg)SG-Wide
Region Median PSF Txns
Central $760 470
East $589 395
North (this) $541 348
North-East $628 551
West $541 479

URA HDB Resale Price Index (Singapore-wide — no per-region breakdown is published): 202.8 (2026-Q2), -0.1% YoY.

This month's 348 transactions represent 0.22% of the region's 157,552 total HDB dwelling units.

02Resale Market

By Flat Type

Flat Type Txns Median PSF Basis
2-Room 14 $739 This month
3-Room 50 $567 This month
4-Room 166 $532 This month
5-Room 87 $517 This month
Executive 30 $553 This month

Top PSF by Flat Type

The single highest-PSF transaction in each flat type, region-wide, this month.

Flat Type Town PSF Price
2-Room Sembawang $892 $365,000
3-Room Woodlands $820 $600,000
4-Room Sembawang $850 $842,000
5-Room Sembawang $695 $868,000
Executive Yishun $671 $1,185,000

Town Rankings by Flat Type

Which town leads each flat type this month — by top price, and separately by transaction volume (often not the same town).

Flat Type Top PSF Most Active Town
2-Room Sembawang — $892 psf Yishun (7 txns)
3-Room Woodlands — $820 psf Yishun (26 txns)
4-Room Sembawang — $850 psf Woodlands (73 txns)
5-Room Sembawang — $695 psf Woodlands (34 txns)
Executive Yishun — $671 psf Woodlands (18 txns)

Full town-by-town breakdown per flat type:

Rank Town Median PSF Txns MoM
1 Sembawang $820 4 +7.8%
2 Woodlands $751 3 +0.3%
3 Yishun $697 7 +3.7%
Rank Town Txns Median PSF MoM
1 Yishun 7 $697 +3.7%
2 Sembawang 4 $820 +7.8%
3 Woodlands 3 $751 +0.3%
Rank Town Median PSF Txns MoM
1 Sembawang $683 5 -5.3%
2 Yishun $582 26 +2.8%
3 Woodlands $526 19 -1.3%
Rank Town Txns Median PSF MoM
1 Yishun 26 $582 +2.8%
2 Woodlands 19 $526 -1.3%
3 Sembawang 5 $683 -5.3%
Rank Town Median PSF Txns MoM
1 Sembawang $616 36 +1.3%
2 Yishun $525 57 -5.2%
3 Woodlands $515 73 -0.8%
Rank Town Txns Median PSF MoM
1 Woodlands 73 $515 -0.8%
2 Yishun 57 $525 -5.2%
3 Sembawang 36 $616 +1.3%
Rank Town Median PSF Txns MoM
1 Yishun $551 27 +9.1%
2 Sembawang $511 26 -1.7%
3 Woodlands $494 34 -1.0%
Rank Town Txns Median PSF MoM
1 Woodlands 34 $494 -1.0%
2 Yishun 27 $551 +9.1%
3 Sembawang 26 $511 -1.7%
Rank Town Median PSF Txns MoM
1 Woodlands $552 18 -1.1%
2 Yishun $546 8 -4.7%
3 Sembawang $481 4 -7.7%
Rank Town Txns Median PSF MoM
1 Woodlands 18 $552 -1.1%
2 Yishun 8 $546 -4.7%
3 Sembawang 4 $481 -7.7%

Most Active Blocks/Streets

Block/Street Txns Median PSF
459 YISHUN AVE 11 3 $658
101 WOODLANDS ST 13 3 $546
131C CANBERRA CRES 3 $828
348 WOODLANDS AVE 3 3 $536
892A WOODLANDS DR 50 3 $492

Top Transactions This Month

Town Flat Type PSF Price
Yishun Multi-Generation $746 $1,212,000
Yishun Executive $671 $1,185,000
Woodlands Executive $614 $1,170,000
Yishun Executive $588 $1,038,000
Woodlands Executive $512 $1,015,000
03Town League Table

Every town with North resale activity this month. Click through for the full Town Pulse.

Rank Town Median PSF Txns
1 Sembawang $564 75
2 Yishun $559 126
3 Woodlands $521 147
Rank Town Txns Median PSF
1 Woodlands 147 $521
2 Yishun 126 $559
3 Sembawang 75 $564
04Rental Market

By Flat Type

2-Room$2,325/mo18 leases
3-Room$2,700/mo74 leases
4-Room$3,100/mo144 leases
5-Room$3,300/mo90 leases
Executive$3,500/mo28 leases
094188MayJunJulAugSep2-Room3-Room4-Room5-RoomExecutive

Lease count trend by flat type — whether demand for each size is rising or falling, not just this month's snapshot.

HDB rental transactions are not published with floor area, so rent is reported here as median $/month, not $/sqft.

05Lease Decay Comparison

Median resale PSF by remaining lease band, North vs Singapore-wide, over the trailing 4 months (a single month is too thin at most flat-type × lease-band combinations to report reliably).

$67390+$63280-89$51870-79$53160-69$491under-60
Lease Band North Median PSF SG Median PSF vs SG N
90+ $782 $806 -3.1% 35
80-89 $708 $750 -5.6% 19
Lease Band North Median PSF SG Median PSF vs SG N
90+ $709 $842 -15.8% 46
80-89 $669 $749 -10.6% 41
60-69 $557 $568 -1.9% 46
under-60 $547 $554 -1.2% 120
Lease Band North Median PSF SG Median PSF vs SG N
90+ $634 $739 -14.2% 165
80-89 $587 $682 -13.8% 111
70-79 $518 $563 -8.0% 213
60-69 $508 $536 -5.2% 150
under-60 $491 $539 -8.9% 129
Lease Band North Median PSF SG Median PSF vs SG N
90+ $637 $695 -8.3% 51
80-89 $594 $695 -14.5% 32
70-79 $502 $537 -6.4% 192
60-69 $503 $547 -8.1% 77
under-60 $476 $556 -14.4% 47
Lease Band North Median PSF SG Median PSF vs SG N
70-79 $553 $573 -3.5% 46
60-69 $553 $593 -6.6% 71
06Ron's Read
Ron's Read

North HDB resale PSF held steady to $541 (+0.2% MoM) on 348 transactions in September 2026. Sembawang led the region at $564 psf (75 txns).

By flat type: 2-Room at $739 psf (14 txns), 3-Room at $567 psf (50 txns), 4-Room at $532 psf (166 txns), 5-Room at $517 psf (87 txns), Executive at $553 psf (30 txns). This month's top print was a 4-Room flat in Sembawang, trading at $850 psf. 5-room improving fastest mom.

On the rental side, North rents held to a median $3,100/month across 354 leases. By flat type: 2-Room at $2,325/mo (18 leases), 3-Room at $2,700/mo (74 leases), 4-Room at $3,100/mo (144 leases), 5-Room at $3,300/mo (90 leases), Executive at $3,500/mo (28 leases).

This month's 348 transactions represent 0.22% of the region's 157,552 total HDB dwelling units. URA's HDB Resale Price Index (Singapore-wide, no per-region breakdown published) is down 0.1% year-on-year as of 2026-Q2.

07What It Means
What does this data mean for you?
Typical Entry Price
$373,999
vs Island Wide PSF
+24.2%
Est. Gross Yield
~7.5%

Flat — sentiment isn't driving this flat type right now; anchor to recent comparables.

Estimate only, based on a 506 sqft typical unit (this flat type's own median floor area) and this month's region-wide rental median. Not a guaranteed return.

Full town-by-town 2-Room breakdown — Town Rankings by Flat Type in section 02 above.

Typical Entry Price
$415,104
vs Island Wide PSF
-4.7%
Est. Gross Yield
~7.8%

Flat — sentiment isn't driving this flat type right now; anchor to recent comparables.

Estimate only, based on a 732 sqft typical unit (this flat type's own median floor area) and this month's region-wide rental median. Not a guaranteed return.

Full town-by-town 3-Room breakdown — Town Rankings by Flat Type in section 02 above.

Typical Entry Price
$532,164
vs Island Wide PSF
-10.7%
Est. Gross Yield
~7.0%

Flat — sentiment isn't driving this flat type right now; anchor to recent comparables.

Estimate only, based on a 1,001 sqft typical unit (this flat type's own median floor area) and this month's region-wide rental median. Not a guaranteed return.

Full town-by-town 4-Room breakdown — Town Rankings by Flat Type in section 02 above.

Typical Entry Price
$668,296
vs Island Wide PSF
-13.0%
Est. Gross Yield
~5.9%

Rising (+2.6% MoM) — expect less room to negotiate on entry price.

Estimate only, based on a 1,292 sqft typical unit (this flat type's own median floor area) and this month's region-wide rental median. Not a guaranteed return.

Full town-by-town 5-Room breakdown — Town Rankings by Flat Type in section 02 above.

Typical Entry Price
$853,881
vs Island Wide PSF
-7.1%
Est. Gross Yield
~4.9%

Flat — sentiment isn't driving this flat type right now; anchor to recent comparables.

Estimate only, based on a 1,545 sqft typical unit (this flat type's own median floor area) and this month's region-wide rental median. Not a guaranteed return.

Full town-by-town Executive breakdown — Town Rankings by Flat Type in section 02 above.

Est. Exit PSF
$739
vs Island Wide PSF
+24.2%
Txns This Month
14

Flat momentum — price to the comparables above rather than timing the market.

Rental demand context: 18 leases this month, rent +1.1% MoM.

Est. Exit PSF
$567
vs Island Wide PSF
-4.7%
Txns This Month
50

Flat momentum — price to the comparables above rather than timing the market.

Rental demand context: 74 leases this month, rent +3.8% MoM.

Est. Exit PSF
$532
vs Island Wide PSF
-10.7%
Txns This Month
166

Flat momentum — price to the comparables above rather than timing the market.

Rental demand context: 144 leases this month, rent +0.0% MoM.

Est. Exit PSF
$517
vs Island Wide PSF
-13.0%
Txns This Month
87

Sellers have leverage this month (+2.6% MoM) — a reasonable window to list.

Rental demand context: 90 leases this month, rent -2.9% MoM.

Est. Exit PSF
$553
vs Island Wide PSF
-7.1%
Txns This Month
30

Flat momentum — price to the comparables above rather than timing the market.

Rental demand context: 28 leases this month, rent -7.9% MoM.

Verdict: Stable.

Flat Type Leases Median Rent MoM Trend
2-Room 18 $2,325/mo +1.1%
3-Room 74 $2,700/mo +3.8%
4-Room 144 $3,100/mo +0.0%
5-Room 90 $3,300/mo -2.9%
Executive 28 $3,500/mo -7.9%