Tracking HDB resale price trends in Singapore is a key factor in the public housing market. 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.
In recent years, HDB resale prices have seen ups and downs—rising strongly during periods of high demand and government policy changes. Prime locations, high-floor units, or homes with unblocked views often command premium prices.
For up-to-date figures, buyers and sellers often consult the HDB Resale Price Index (RPI) and browse recent transactions online. Many buyers use these resources to compare asking prices and determine fair value before making an offer.
Government policies—such here 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.