HDB resale price in Singapore is closely watched by homeowners, buyers, and property agents. 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. Property agents and portals like PropertyGuru and SRX also track price changes, median values, and trends over time.
It’s important for buyers to keep up with announcements as they can influence both demand and price movement.
All in click here all, understanding HDB resale price movements will help you make better decisions in Singapore’s ever-changing housing market.