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.
The market saw a surge post-pandemic, with record-high prices in some popular estates due to low supply and high demand. Rare flat types (like maisonettes or DBSS) and flats near top schools can also sell above average.
Anyone can view click here 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.
Policy tweaks may affect affordability, borrowing limits, or grant eligibility for first-timers and upgraders.
All in all, understanding HDB resale price movements will help you make better decisions in Singapore’s ever-changing housing market.