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. 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. here Many buyers use these resources to compare asking prices and determine fair value before making an offer.
Policy tweaks may affect affordability, borrowing limits, or grant eligibility for first-timers and upgraders.
All in all, understanding HDB resale price movements will help you make better decisions in Singapore’s ever-changing housing market.