How have HDB prices in Depot Road changed over time?

Over the 9.2 years from 2016 Q2 to 2026 Q2, the median price per square foot in Depot Road changed by +4.4% a year, from $538 to $795.

Does remaining lease affect HDB prices in Depot Road?

In Depot Road, 4-room flats with 90-99 years of lease remaining resell at $842 per square foot against $715 for those with 70-79 years, a difference of +18%. Flat type is held fixed because the unconditioned spread is mostly a difference in flat size.

Private property prices per square foot in Depot Road

$1,710median private resale per ft², 33 caveats (12 months)

Medium confidence95% CI $1,630–$1,770 per ft²n = 33 caveats

The median private resale price in Depot Road (Bukit Merah, Central Region) is S$1,710 per square foot (S$18,400 per square metre), from 33 caveats in the 12 months to August 2026. Over the 9.2 years to 2026 Q2, the HDB median price per square foot here changed by +4.4% a year in cash terms, or +2.3% a year after inflation. HDB resale here runs S$729 per square foot from 44 resales, at a median 4-room price of S$779,000 (on a sample too small to publish as a market rate): a separate register, never combined with the private figures.

Private prices in Depot Road

Median price per ft²

$729

n = 44 resales

Median resale price

$769,000

median flat 1,076 ft²

Median lease remaining

79 yrs

of a 99-year lease

How prices are spread in Depot Road

p20 $660
p80 $855
95% CI $687–$767

By flat type

Every HDB resale registered here in the last 12 months.

Flat type	Median price per ft²	Transactions behind the figure
3-roommedian $688,500 · 721 ft²	$955/ft²	n = 8
4-roommedian $779,000 · 990 ft²	$750/ft²	n = 20
5-roommedian $795,000 · 1,249 ft²	$639/ft²	n = 16

Price by remaining lease, 4-room

Depot Road, 4-room resales only, last 36 months. Bands with fewer than eight are not shown.

Years of lease remaining	Median price per ft²	Transactions behind the figure
70-79 yearsmedian $746,500	$715/ft²	n = 24
80-89 yearsmedian $771,500	$718/ft²	n = 10
90-99 yearsmedian $834,250	$842/ft²	n = 24

Across these bands the rate falls 15% from $842/ft² at 90-99 years to $715 at 70-79, on 4-room flats in Depot Road.

Price by floor

HDB publishes a storey range on every resale.

Too few 4-room resales per storey band (8 per band, over 12 months) to chart a floor premium here.

Buyers: Where does a price sit?

Ranked against 44 resales in Depot Road (12 months).

Resale price

Floor area in ft²

S$769,000 for 1,054 ft² is around the 50th percentile of the 44 resales recorded here.

Sellers: How much is my flat worth?

At the median of S$729 per square foot, over 44 resales (12 months).

A market figure for that size in Depot Road, not a valuation of your flat.

Floor area in ft²

S$769,000

middle 60% of resales: S$696,000 to S$901,000 for that size · 44 resales, 12 months

Resales (last 12 months)

44 sales

Resales in Depot Road, last 12 months
	Address
Aug 2026	112a Depot Rd	S$718,000	4-room	79 yrs	$667
Jul 2026	103a Depot Rd	S$770,000	4-room	75 yrs	$795
Jul 2026	112a Depot Rd	S$770,000	4-room	79 yrs	$715
Jun 2026	110a Depot Rd	S$850,000	4-room	90 yrs	$858
Jun 2026	105a Depot Rd	S$788,000	4-room	90 yrs	$796
Jun 2026	106a Depot Rd	S$788,000	4-room	73 yrs	$732
Jun 2026	113 Depot Rd	S$768,000	5-room	50 yrs	$609
Jun 2026	114 Depot Rd	S$690,000	5-room	50 yrs	$562
May 2026	106a Depot Rd	S$845,000	5-room	73 yrs	$683
May 2026	103a Depot Rd	S$743,000	4-room	75 yrs	$767
May 2026	105a Depot Rd	S$718,888	3-room	91 yrs	$994
Apr 2026	109a Depot Rd	S$900,000	5-room	79 yrs	$727
Apr 2026	110a Depot Rd	S$840,000	4-room	91 yrs	$848
Apr 2026	103b Depot Rd	S$790,000	4-room	75 yrs	$734
Apr 2026	104a Depot Rd	S$738,000	4-room	73 yrs	$686
Apr 2026	104a Depot Rd	S$737,000	4-room	73 yrs	$685
Apr 2026	112b Depot Rd	S$735,888	4-room	79 yrs	$760
Mar 2026	111a Depot Rd	S$900,000	5-room	79 yrs	$727
Mar 2026	110a Depot Rd	S$870,000	4-room	91 yrs	$879
Mar 2026	105a Depot Rd	S$630,000	3-room	91 yrs	$873

Median price per ft²

$1,710

95% CI $1,630–$1,770 · n = 33 strata caveats (12 months)

Median price

$2,850,000

n = 33 resale caveats (12 months)

How private prices are spread in Depot Road

p20 $1,600
p80 $1,830
95% CI $1,630–$1,770

The tails of this distribution are not published here: a 5th or 95th percentile needs at least 50 caveats carrying a rate, and Depot Road has 33. The middle 60% and the interval above rest on those same 33 caveats.

By property type

Resale only, over the same 12 months. The headline above is condominiums and apartments; executive-condominium and landed rows appear here and are not in it.

Property type	Median price per ft²	Transactions behind the figure
Condominiummedian $2,850,000	$1,710/ft²	n = 33

Buyers: Where does a price sit?

Placed on the published percentiles for 33 caveats in Depot Road (12 months).

Price

Floor area in ft²

S$2,850,000 for 1,667 ft² is around the 50th percentile of the 33 caveats recorded here.

Sellers: How much is my home worth?

At the median of S$1,710 per square foot, over 33 caveats (12 months).

A market figure for that size in Depot Road, not a valuation of your flat.

Floor area in ft²

S$2,850,000

middle 60% of caveats: S$2,670,000 to S$3,050,000 for that size · 33 caveats, 12 months

Private sales by project in Depot Road

1 development with at least ten caveats in the last 12 months.

URA permits derived statistics and not the caveat records, so the private register is published by development rather than sale by sale. Each row is a median across that development’s caveats in the window.

Private sales by project in Depot Road, last 12 months
	Tenure				New sale S$/ft²	Details
The InterlaceDepot Road	99 yrs lease commencing from 2009	33	$2,850,000	$1,710	no launch

Public (HDB) rents in Depot Road

Approved HDB rentals in the last 12 months, against resale prices for the same flat type.

Gross yield, 4-room

n/a

too few rentals

Median rent, 4-room

$3,800/mo

from 28 approved rentals (12 months)

Median resale price, 4-room

$779,000

from 20 resales (12 months)

Rent by flat type

Approved HDB rentals in Depot Road over the last 12 months, each flat type against the resale price of the same flat type.

Flat type	Median monthly rent	Gross yield
4-room	$3,800/mo	too few rentals
5-room	$4,200/mo	too few resales

Private rents in Depot Road

Lease contracts lodged with URA in the last 12 months, against resale prices for units of the same floor area.

Gross yield range

n/a

too few lettings and resales in any one size band

Median monthly rent

$8,000/mo

middle 50% $5,500–$9,200 · all sizes, 248 contracts (12 months)

Median resale price

$2,850,000

all sizes, 33 resale caveats (12 months)

Rent by unit size

Lease contracts lodged with URA in Depot Road over the last 12 months, each size band against the resale price of the same size band.

Unit size	Median monthly rent	Gross yield
70–80 m²	$4,800/mo	too few lettings and too few resales
90–100 m²	$5,300/mo	too few resales
100–110 m²	$5,350/mo	too few lettings and too few resales
110–120 m²	$6,350/mo	too few lettings and too few resales
130–140 m²	$8,000/mo	too few lettings and too few resales
140–150 m²	$8,100/mo	too few lettings and too few resales
160–170 m²	$8,400/mo	too few lettings and too few resales
170–180 m²	$9,000/mo	too few lettings and too few resales
180–190 m²	$10,000/mo	too few lettings and too few resales
190–200 m²	$9,500/mo	too few lettings and too few resales
210–220 m²	$11,500/mo	too few lettings and too few resales

211 of 248 contracts are in the rows above. The rest sit in floor-area bands URA publishes wider than 10 m², which cannot be matched to a sale band without folding two sizes into one.

Rent by bedrooms

Lease contracts lodged with URA in Depot Road over the last 12 months.

Bedrooms	Median monthly rent	Transactions behind the figure
2 bedrooms	$5,300/mo	n = 89
3 bedrooms	$8,300/mo	n = 116
4 bedrooms	$10,925/mo	n = 42

247 of 248 contracts are in the rows above. 1 are in sizes with too few lettings to publish.

Contains information from the URA Data Service. Private rents and HDB rents are two registers and are never combined; the only figure that spans them is the gross yield, which is a ratio, and even there the assets differ: every HDB flat is a 99-year lease that cannot be let at all during its first five years, while a private unit may be freehold.

Nearby areas

Median price per square foot in comparable areas, each over its own stated window (12 to 24 months).

Cite us

HDB resale registrations to August 2026 (hdb registers a resale on completion, weeks after the price is agreed) · how these figures are made

Copy one of these, or adapt it.

Plain text

IndexProp SG, "Property prices in Depot Road", dataset 2026-08, https://indexprop.com/sg/property-prices/neighbourhood/depot-road. Contains information from HDB Resale Flat Prices accessed from Data.gov.sg and made available under the Singapore Open Data Licence version 1.0. Area boundaries from URA Master Plan 2019, also under SODL 1.0. Private figures are derived statistics from the URA Data Service.

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<a href="https://indexprop.com/sg/property-prices/neighbourhood/depot-road">Property prices in Depot Road - IndexProp SG</a> (dataset 2026-08). Contains information from HDB Resale Flat Prices (Data.gov.sg, Singapore Open Data Licence v1.0) and derived statistics from the URA Data Service.

The statistics behind this page are also served as JSON: /sg/data/neighbourhoods/depot-road.json. Please cache it, and do not crawl it in a loop. Every rule behind these figures is on the methodology page.

Private property prices per square foot in Depot Road

Median price per ft²The middle resale price per square foot of 44 transactions in the last 12 months. Each transaction's own price is divided by its own floor area first, then the median is taken over those.

Median resale priceThe middle price paid, before dividing by floor area. It moves with the mix of flat types resold as well as with the market.

Median lease remainingYears left on the 99-year lease at the point of resale. Below roughly 60 years, CPF usage and bank financing both tighten, and the resale market prices that in.

How prices are spread in Depot RoadEvery resale in Depot Road over the last 12 months, on a S$/ft² scale: a taller bar means more at that rate. Sample: 44 resales. The markers are the published statistics over the same window; the counts can differ by a handful at the window edge.

By flat typeHDB’s own flat types, each at its own median rate. A smaller flat usually costs more per square foot and less in total, so the rate and the price move in opposite directions: the rate is the ranked column and the price is a caption beside its type.

Price by remaining lease, 4-roomCPF usage and bank loan-to-value both tighten as the tail shortens, which is why the rate bends decades before the lease ends. Flat type is held fixed: pooled, this would compare short-lease 3-rooms with long-lease 5-rooms and call the mix lease decay.

Price by floor

Buyers: Where does a price sit?Your price divided by your floor area, ranked against every resale in the window here. It is the same population the spread above is drawn from, so the two can never disagree.

Sellers: How much is my flat worth? Floor area × the median price per square foot in Depot Road, over the last 12 months. The band is the same sum at the middle 60%. It knows the area and the size, nothing else: storey, lease and condition are what a valuation is for.

Resales (last 12 months)

Private prices in Depot Road

Median price per ft²

Median price

How private prices are spread in Depot RoadEvery private resale caveat in Depot Road over the last 12 months, counted into 56 bands: a taller bar means more caveats at that rate. Published as counts rather than as a list of sales, because URA permits statistics and not the caveats.

By property typeURA’s own property types, each at its own median rate, so a condominium and an apartment are never averaged into one figure. Landed is priced on land area rather than floor area, so it carries no rate and the row says so.

Sellers: How much is my home worth? Floor area × the median price per square foot in Depot Road, over the last 12 months. The band is the same sum at the middle 60%. It knows the area and the size, nothing else: floor, facing, tenure and condition are what a valuation is for.

Private sales by project in Depot Road

Public (HDB) rents in Depot RoadHDB approves each subletting of a whole flat and records the rent declared on the application, so these are declared rents rather than registry-verified prices. A rented room is not in this register. A separate register from URA’s, never averaged with it.

Private rents in Depot RoadURA records every private lease contract lodged with it, so these are contract rents rather than asking prices. Lodging is not compulsory, so the most recent quarter is still filling in. A separate register from HDB’s, never averaged with it.

Rent by unit sizeFloor area is the one key both private registers record, so it is what the yield is matched on, because bedrooms exist on a lease contract and not on a sale caveat. Only exact 10 m² bands are joined; a wider band is left out rather than folded into a narrower one.

Rent by bedroomsURA records a bedroom count on a rental contract but not on a sale caveat, so bedrooms describe renting only and can never be matched to a price. The size table above is the one that carries a yield.

Nearby areas Each trend line is that area’s own quarterly median price per square foot, scaled to its own range: compare directions, not heights. Gaps are quarters with too few resales to publish a median.

Cite us

Median price per ft²

Median resale price

Median lease remaining

How prices are spread in Depot Road

By flat type

Price by remaining lease, 4-room

Buyers: Where does a price sit?

Sellers: How much is my flat worth?

How private prices are spread in Depot Road

By property type

Sellers: How much is my home worth?

Public (HDB) rents in Depot Road

Private rents in Depot Road

Rent by unit size

Rent by bedrooms

Nearby areas