By Winfred Quek, Associate Marketing Consultant · CEA R073319H · Crestbrick Pte Ltd (L3010886H) · Published 13 July 2026
Quick answer: HDB publishes median rents by town and flat type on data.gov.sg. These figures are based on rents declared in rental application forms, and HDB describes the transaction level figures as indicative and owner declared. A median based on few transactions can change significantly, so the number of transactions behind a figure matters. The sources reviewed do not state whether utilities or other bundled costs are included in the declared rent.
Facts verified: October 2026 · No specific rental figures cited · Sources attributed below
Rental data is the number landlords and tenants both reach for first. The figure looks precise, but what it captures and what it leaves out matter when using it to price a lease or evaluate a rental yield.
What the HDB rental figures measure
HDB's median rent indicates that half of the rented units were rented above that price and half below. The figures are based on rent declared in rental application forms and rounded to the nearest $10. Towns with fewer than 20 rental transactions in a quarter are not shown, since they may not be representative.
Why a small sample can mislead
A median is only as reliable as the number of transactions behind it. A median built from a handful of transactions can shift substantially with one atypical lease. Check the transaction count behind any median before relying on it.
How to use the data
- Check the transaction count behind a median, not just the headline figure.
- Look at the trend across several periods rather than a single data point.
- Treat declared rent as a base figure, and check what else is included in a typical lease in your segment.
- Compare across several developments or towns when a single sample is thin.
Does published HDB rental data include utilities?
The sources reviewed do not state whether utilities or other bundled costs are included in the declared rent.
Where can I find HDB median rents?
HDB median rent by town and flat type is published on data.gov.sg, and HDB also publishes rental statistics on its website.
Why can a median rent be misleading?
A median based on a small number of transactions can change substantially with one atypical lease, so the transaction count matters.
Pricing a lease or checking a rental yield?
Reading published rental data properly, adjusted for sample size, lag and what is actually included, is the difference between an accurate yield model and a misleading one. A Property Portfolio Analysis grounds your numbers in a properly read comparable set.
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Winfred Quek is Associate Marketing Consultant at Crestbrick Pte Ltd, advising Singapore upgraders, investors and families. CEA R073319H. The information on this page is general and does not constitute investment or financial advice. No specific rental figures are cited or implied. Verify current data via official sources before pricing any lease or making any investment decision.