Tracking HDB resale price trends in Singapore is a key factor in the public housing market. Factors influencing resale prices include location (mature vs non-mature estates), flat size (3-room, 4-room, etc.), renovation quality, and proximity to MRT or schools.
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.
For up-to-date figures, buyers and sellers often consult the HDB Resale Price Index (RPI) and browse recent transactions online. Many buyers use these resources to compare asking prices and determine fair value before making an offer.
Government policies—such as cooling measures, loan limits (MSR/TDSR), or changes in CPF usage—can here impact how much buyers are willing or able to pay for resale flats.
All in all, understanding HDB resale price movements will help you make better decisions in Singapore’s ever-changing housing market.