For anyone considering buying or selling a flat, HDB resale price is closely watched by homeowners, buyers, and property agents. 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.
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 more info located on high floors.
HDB releases official resale price statistics quarterly, and you can check recent transactions by block and town using the HDB website’s Resale Flat Prices portal. 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.