Tracking HDB resale price trends in Singapore is a key factor in the public housing market. Resale prices refer to the amount paid for an existing HDB flat sold on the open market, rather than a new unit directly from HDB.
Recent data shows that resale prices are at or near all-time highs in mature areas like Bishan, Queenstown, and Toa Payoh, while newer towns remain more here affordable. Executive flats and 5-room units typically fetch higher prices, especially if well-renovated or located on high floors.
Anyone can view past transaction prices for specific addresses on HDB’s official portal to gauge the current market. Property agents and portals like PropertyGuru and SRX also track price changes, median values, and trends over time.
Policy tweaks may affect affordability, borrowing limits, or grant eligibility for first-timers and upgraders.
All in all, understanding HDB resale price movements will help you make better decisions in Singapore’s ever-changing housing market.