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.
Rating
All reviews are highly positive, indicating customer satisfaction and quality service.
I have recently relocated to Singapore and have been very fortunate to employ Jack’s help in securing a rental property. He has been an absolute star and is ever so helpful. His replies are prompt and attention to detail is excellent. I have only managed to come to Singapore for a couple of days and we managed to view more than 10 properties with his help. He still kept me up to date after the contract was signed. Til to date, Jack still keeps in touch about issues regarding the property. I cannot recommend him enough and would urge anyone looking for a property in Singapore to get in touch with Jack
I’m writing this review to express my gratitude to Jack, who helped me enjoy a stable life in Singapore for the past year and a half. When I first arrived in Singapore and felt overwhelmed, Jack introduced me to a great place to live. From the contract signing to the time I spent there, and even after the lease ended, he provided consistent care and support. Thanks to him, I was able to stay in a nice home and live comfortably in Singapore for a year and a half. I truly appreciate his kind help throughout my journey in Singapore, and I highly recommend Jack to everyone.
We first met Jack Sheo of PropNex Realty when we came across a private property listing in which we were very interested. From our first meeting, we were impressed by his professionalism, market knowledge, and genuine approach. At the time, we were considering selling my current HDB home and purchasing a private property and after that initial conversation, I felt confident engaging him to guide me through the entire process. Working with Jack was a smooth and reassuring experience from start to finish. He took the time to understand our needs, preferences, and timeline, and tailored his strategy accordingly. On the selling side, he helped stage and market my home effectively, generating strong interest and securing a great offer within a super short period. On the buying side, he was equally diligent, patiently offering valuable insights, and ultimately helping me secure that property that matched what I was looking for—both in value and lifestyle. What really stood out about Jack was his responsiveness, honesty, and ability to anticipate and solve problems before they became issues. He handled the paperwork, coordinated with all the relevant parties, and kept me informed every step of the way. This made a potentially stressful process feel much more manageable and even enjoyable. We highly recommend Jack to anyone looking to buy or sell a property. His experience, dedication, and client-first attitude truly make a difference.
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I have known Jack for closed to two decades. He is meticulous in his analysis, dependable and distinctly professional. Indebted to his unwavering support throughout these years; be it for the sale of properties and lease management. With his in-depth knowledge, transactions were done at the most opportune time and seamlessly concluded.
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I'm truly grateful for my experience working with Jack Sheo. I found his website while searching for a Singapore property agent to help sell my property, and I couldn't have made a better choice. From our first meeting, Jack's knowledge and professionalism stood out. He has a wonderful way of making you feel at ease. Talking with him felt like discussing my property with a knowledgeable friend who genuinely cared about my needs. His insights were valuable, and I appreciated that he never pressured me. Throughout the entire selling process, Jack was an invaluable guide. He patiently walked me through each step, turning what could have been a stressful experience into a manageable journey. When he learned I was overwhelmed with work, he even arranged for my furniture disposal. A gesture that genuinely touched me. Reading other reviews, I see that my positive experience isn't unique. Jack consistently delivers excellent service to his clients. I'm so thankful for my smooth and positive property sale experience. Jack, you're truly exceptional at what you do. Thank you for making this process so much easier and more pleasant than I ever expected. If you're in need of a property agent in Singapore, I wholeheartedly recommend Jack Sheo. His dedication and expertise made all the difference in my experience, and I'm confident he'll do the same for you.
WHAT BRINGS YOU HERE TODAY?
Are you wondering what to do in today’s market?
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In my blog, I often share stories of the challenges, triumphs, and lessons learned in my work as a real estate agent in Singapore.
Regardless of your situation, you can use me as a sounding board. I’ll provide perspective and clarity from my experience to help you make the most appropriate real estate decision in 2025.
