HDB resale price in Singapore 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.
Recent data shows that resale prices are at or near all-time highs in mature areas like Bishan, Queenstown, and Toa Payoh, while newer towns remain more affordable. 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.
It’s important for buyers read more 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.