SELL & RENT HDBS IN CENTRAL AREA ESTATE
Central Area (中央区) HDB Estate is located in the heart of Singapore.
This estate boasts unparalleled connectivity, world-class amenities, and proximity to major business hubs. While the Central Area is known for its modern skyscrapers and vibrant commercial activity, it also offers a blend of historical charm with its conserved shophouses and cultural landmarks.
The residential spaces in this estate cater to those who seek the convenience of city living alongside Singapore’s rich heritage and evolving urban landscape.
The two blocks of 10-storey HDB flats at Cantonment Road in Tanjong Pagar were more than just buildings; they were the cornerstone of our political promise and the foundation of public trust.
Their completion was crucial to our re-election in 1963. These flats symbolize the beginning of Singapore’s public housing success story.
Lee Kuan Yew
First Prime Minister of Singapore
QUICK LINKS
HDB BUKIT MERAH BRANCH OFFICE
There’s no dedicated branch office for Central Area HDB Estate residents.
Please visit the nearby HDB Bukit Merah Branch Office instead.
(a) Historical Significance – Sir Stamford’s Landing:
The Central Area is where modern Singapore began. In 1819, Sir Stamford Raffles landed along the banks of the Singapore River to establish Singapore as a free port, marking the start of its transformation into a global trading hub.
(b) Pioneering Integrated Hawker Centres:
Block 50 Havelock Road, built in 1966, was the first HDB block to incorporate an integrated hawker center, setting the foundation for the modern-day coffee shops and void deck eateries found across HDB estates.
(c) HDB’s First Mixed-Use Project:
People’s Park Complex, completed in 1968, was HDB’s pioneering mixed-use development in the Central Area. It introduced the concept of a “void deck” with residential units sitting atop a multi-level shopping center.
This architectural innovation has since become a defining feature of HDB estates across Singapore.
(d) Economic and Social Motivation:
In the 1970s, HDB’s efforts to build homes in the Central Area were driven by concerns that as people moved to the suburbs, the city center might lose its vibrancy at night and during weekends. By introducing residential developments such as Tanjong Pagar Plaza, HDB played a crucial role in keeping the city center lively.
(e) Architectural Landmark:
The Pinnacle@Duxton, located in the Central Area, is a key architectural marvel. Completed in 2009, it is one of the tallest public housing developments in the world, and features a skybridge offering panoramic views of the city skyline.
(f) Green Oases Amidst Urban Density:
Despite its dense urban environment, the Central Area offers several green spaces. Pearl’s Hill City Park, located near Chinatown, is a serene escape that reflects HDB’s commitment to blending greenery with urban development, providing residents with recreational and nature-filled retreats.
(g) Revitalizing Pearl’s Hill:
A significant upcoming project in the Central Area is the redevelopment of Pearl’s Hill in Chinatown. Over the next decade, HDB will progressively build around 6,000 new homes, including BTO and rental flats, offering fresh housing options in this historic district.
Are you considering selling, buying or renting out your HDB flat in the Central Area?
Or simply curious about the HDB housing scene in the Central Area?
Check out the HDB median resale prices and rental statistics for Central Area below.
I will be updating these statistics every quarter.
HOW ARE HDB RESALE PRICES IN CENTRAL AREA?
Quarterly Central Area HDB Median Resale Prices up to Q2 2025
CENTRAL AREA Q2 2025 RESALE SNAPSHOT
Data reflects quarters with at least 20 transactions for accuracy.
| Flat Type | Median Resale Price | QoQ | YoY |
| 2-room | N.A | N.A | N.A |
| 3-room | N.A | N.A | N.A |
| 4-room | $568,000 | 3.6% | 10.3% |
| 5-room | $670,000 | 2.1% | 10.7% |
| Executive | $824,400 | 5% | 6.6% |
Note: The median price represents the middle value when all transactions in a quarter are arranged from lowest to highest.
HIGHEST RESALE PRICE
Highest resale price achieved for the different Central Area HDB flat types in Q2 2025:
a) HDB 2-room flat: $393,000 @ New Market Road
b) HDB 3-room flat: $640,000 @ 2 Tanjong Pagar Plaza
c) HDB 4-room flat: $1,430,000 @ 1A Cantonment Road
d) HDB 5-room flat: $1,580,000 @ multiple locations
e) HDB executive flat: N.A
Looking to sell your Central Area HDB flat or explore your upgrading options?
I’ve helped many sellers. I can help you, too.
Check out my real estate transactions history.
HOW ARE HDB RENTAL PRICES IN CENTRAL AREA?
Quarterly Central Area HDB Median Rental Prices up to Q2 2025
CENTRAL AREA Q2 2025 RENTAL SNAPSHOT
Data reflects quarters with at least 20 transactions for accuracy.
| Flat Type | Median Rental | QoQ | YoY |
| 2-room | N.A | N.A | N.A |
| 3-room | $3,250 | 0% | 4.8% |
| 4-room | $4,440 | 8.3% | 0.9% |
| 5-room | $5,150 | N.A | N.A |
| Executive | N.A | N.A | N.A |
Note: The median rental represents the middle value when all transactions in a quarter are arranged from lowest to highest.
HIGHEST RENTAL
Highest rental achieved for the different Central Area HDB flat types in Q2 2025:
a) HDB 2-room flat: $3,000 @ multiple locations
b) HDB 3-room flat: $4,000 @ multiple locations
c) HDB 4-room flat: $5,250 @ 1F Cantonment Road
d) HDB 5-room flat: $7,400 @ 2 Tanjong Pagar Plaza
e) HDB executive flat: N.A
Looking to rent your Central Area HDB flat or explore your upgrading options?
I’ve helped many landlords. I can help you, too.
Check out my real estate transactions history.
UNDERSTAND THE BROADER HDB MARKET
Explore data & insights for every HDB town in Singapore.
Rating
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WHAT BRINGS YOU HERE TODAY?
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