HDB resale price in Singapore is an essential part of understanding the property landscape. 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. Executive flats and 5-room units typically fetch higher prices, especially if well-renovated or located on high floors.
Anyone can view past transaction prices for specific addresses on HDB’s official portal to gauge the current market. Online tools provide here estimated valuations and reports to help with negotiation or loan planning.
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.