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.
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 website 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. 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.