logo
Singapore icon
icon Singapore icon
News & Insights
Resale Market for Singapore HDB Flats Slightly Rebounds in October
Resale Market for Singapore HDB Flats Slightly Rebounds in October Singapore
By   Internet
  • City News
  • HDB Flats Singapore
  • Resale Market
  • High Priced Transactions
Abstract: Singapore's HDB resale market saw a slight rebound in October, with 2,200 units changing hands, 41 of which were sold for at least one million dollars.

The latest data indicates a modest uptick in Singapore's HDB resale market in October. According to estimated figures from property market transaction platforms SRX and 99.co, overall, HDB resale prices increased by 0.5% month-on-month.


Specifically, the resale prices for three-room, four-room, and executive flats rose between 0.3% and 1.7%, while five-room flats saw a 0.4% decline. Compared to the same period last year, HDB resale prices in October rose by 5.3%.

Resale Market for Singapore HDB Flats Slightly Rebounds in October

In October, a total of 2,200 units were sold, representing a 10.8% increase from the previous month and a 12% increase from the same period last year. Forty-one units were sold for at least one million dollars, including seven million-dollar transactions each in Bishan and Ang Mo Kio, and six in Queenstown.


These figures reflect increased activity in Singapore's HDB market, especially in the high-end segment. Despite the overall price increase, there are notable differences in the resale situations of different types of HDB flats.


Furthermore, the million-dollar transactions were primarily concentrated in mature HDB estates, indicating a demand for location and community environment.


These data provide crucial insights for investors and homebuyers, aiding them in making more accurate assessments of market trends and guiding their future decisions.

Leave a message
icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
icon
Welcome to House.com
Log in or sign up to get the most out of your experience. This will also help increase your chances of response from agents.
Enter a valid email address.
or
Continue with Google
By submitting, I accept House.com’s   Terms of use
icon icon
Verify Your Email
Hello ,we’ ve just sent the code to your email.please check and enter the code here to continue logging in.
Verification code error
Didn’t receive email? Please check your spam folder
icon
banner
Resale Market for Singapore HDB Flats Slightly Rebounds in October
icon Copy link
icon WhatsApp
icon Facebook
icon Twitter