HDB resale price in Singapore 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. 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 here usage—can impact how much buyers are willing or able to pay for resale flats.
For anyone navigating the HDB resale market, staying informed about current prices and trends is crucial for getting the best value—whether you’re buying your first home or selling to upgrade.