HDB resale prices dip for third straight quarter
Singapore's HDB resale flat prices fell by 0.2% in the third quarter of 2026, marking the third consecutive quarter of decline. Despite the lifting of a 15-month wait-out period for private property downgraders, the market has not seen a significant surge in prices.
Why it matters
The data provides insight into the effectiveness of government cooling measures in managing housing affordability in a major urban market.
Early estimates published on Oct 1 showed that HDB resale prices fell by 0.2%.
Listen SINGAPORE – Prices of Housing Board resale flats dropped for the third straight quarter, even after a cooling measure imposed on private property downgraders was lifted.
Early estimates published on Oct 1 showed that HDB resale prices fell by 0.2 % . Prices dipped 0.1 % in the first quarter – the first time in close to seven years – followed by 0.3 % in the second quarter.
There were 7,528 transactions in the third quarter of 2026, up 5.2 % from 7,157 units in the same period in 2025.
HDB said it has not seen a significant increase in the prices and number of resale flats purchased by private property downgraders following the lifting of the 15-month wait-out period on July 28.
“Nonetheless, we will continue to monitor the resale market,” it said.
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