For anyone considering buying or selling a flat, HDB resale price is a key factor in the public housing market. These prices fluctuate based on location, flat type, remaining lease, property condition, and recent market trends.
In recent years, HDB resale prices have seen ups and downs—rising strongly during periods of high demand and government policy changes. 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 read more 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 all, understanding HDB resale price movements will help you make better decisions in Singapore’s ever-changing housing market.