Tracking HDB resale price trends in Singapore 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.
The market saw a surge post-pandemic, with record-high prices in some popular estates due to low supply and high demand. more info Prime locations, high-floor units, or homes with unblocked views often command premium prices.
Anyone can view past transaction prices for specific addresses on HDB’s official portal to gauge the current market. Many buyers use these resources to compare asking prices and determine fair value before making an offer.
It’s important for buyers to keep up with announcements as they can influence both demand and price movement.
All in all, understanding HDB resale price movements will help you make better decisions in Singapore’s ever-changing housing market.