For anyone considering buying or selling a flat, HDB resale price 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.
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. Rare flat types (like maisonettes or DBSS) and flats near top schools can also sell above average.
Anyone can view past transaction prices for specific addresses on HDB’s official portal to gauge the current market. Online tools provide estimated valuations and reports to help with negotiation or loan planning.
Government policies—such 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 website housing market.