For anyone considering buying or selling a flat, HDB resale price is closely watched by homeowners, buyers, and property agents. 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.
The market saw a surge post-pandemic, with record-high prices in some popular estates due to low supply and high demand. Rare flat types (like maisonettes or DBSS) and flats near top schools can also sell above average.
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. 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 more info 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.