Which HDB town has had the highest capital appreciation over the past 10 and 20 years?

Bukit Batok has recorded the highest capital appreciation among HDB towns over the past 20 years, while Geylang has seen the strongest price growth in recent years, notably over the past 10 years.

Over the long term, Bukit Batok stands out for having the highest price growth, largely driven by the large number of flats reaching their Minimum Occupation Period (MOP), which has fuelled heightened transaction volumes and price gains. In recent years, Geylang has emerged as the top performer for annual price growth, with Tampines also showing notable appreciation in the eastern region.

If you are looking for the historically highest capital appreciation in Singapore HDB towns over both 10 and 20-year periods, Bukit Batok leads for the long-term perspective, while Geylang currently exhibits the highest recent price growth.