For anyone considering buying or selling a flat, HDB resale price is closely watched by homeowners, buyers, and property agents. These prices fluctuate based on location, flat type, remaining lease, property condition, and recent market trends.
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. Executive flats and 5-room units typically fetch higher prices, especially if well-renovated or located on high floors.
For up-to-date figures, buyers and sellers often consult the HDB Resale Price Index (RPI) and browse recent transactions online. Online tools provide 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 click here price movement.
All in all, understanding HDB resale price movements will help you make better decisions in Singapore’s ever-changing housing market.