Tracking HDB resale price trends in Singapore is an essential part of understanding the property landscape. These prices fluctuate based on location, flat type, remaining lease, property condition, and recent market trends.
The market saw a surge post-pandemic, with record-high prices in some popular estates due to low supply and high demand. Executive flats and 5-room units typically fetch higher prices, especially if well-renovated or located on high floors.
HDB releases official resale price statistics quarterly, and you can check recent transactions by block and town using the HDB website’s Resale Flat Prices portal. Many buyers use these website resources to compare asking prices and determine fair value before making an offer.
It’s important for buyers to keep up with announcements as they can influence both demand and price movement.
All in all, understanding HDB resale price movements will help you make better decisions in Singapore’s ever-changing housing market.