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.
The market saw a surge post-pandemic, with record-high prices in some popular estates due to low supply and high demand. Executive flats and 5-room units typically fetch higher prices, especially if well-renovated or located on high floors.
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.
It’s important for buyers to keep up with announcements as they can influence both demand and price click here movement.
All in all, understanding HDB resale price movements will help you make better decisions in Singapore’s ever-changing housing market.