For anyone considering buying or selling a flat, HDB resale price is an essential part of understanding the property landscape. 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.
Anyone can here view past transaction prices for specific addresses on HDB’s official portal to gauge the current market. Property agents and portals like PropertyGuru and SRX also track price changes, median values, and trends over time.
Government policies—such as cooling measures, loan limits (MSR/TDSR), or changes in CPF usage—can 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.