HDB resale prices are projected to grow modestly at 2% to 4% in 2026, with supply of MOP-eligible flats set to double and add competitive pressure on resale volumes. Demand is expected to remain cushioned by stable household income and population factors, limiting the risk of sharp price corrections.

Singapore HDB Resale Market Moderates in Q3 2025 In Q3 2025, HDB resale prices rose 0.4%, the smallest gain in nearly five years and the fourth straight quarter of slower growth. Transactions increased 1.7% to 7,221 units, though sales were down 11.3% year-on-year, indicating shifting buyer interest. High-value flats stood out, with 1,506 units sold for S$800,000 or more, and a record 480 units sold above S$1 million. Rentals edged up 0.6% to 10,123 approvals quarter-on-quart