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.
Recent data shows that resale prices are at or near all-time highs in mature areas like Bishan, Queenstown, and Toa Payoh, while newer towns remain more affordable. Executive flats and 5-room units typically fetch higher prices, especially if well-renovated or located on high floors.
Anyone can view past transaction prices for specific addresses on HDB’s official portal to gauge the current market. 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 impact how much buyers are willing click here 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.