HDB resale prices fall for third straight quarter as sales rebound

Approved rental applications fell 6.2% to 9,381 in Q3.

HDB resale price index edged down 0.1% quarter on quarter to 202.5 in the third quarter (Q3), marking its third consecutive quarterly decline, whilst resale transactions rose 19.5% to 7,645.

A 23 October statement from HDB said the decrease followed declines of 0.1% in the first quarter and 0.3% in the second quarter (Q2).

Resale transactions rose 5.9% year on year from 7,221 in Q3 2025.

Approved applications to rent out HDB flats slipped by 6.2% to 9,381 from 10,002 in Q2.

As at the end of Q3, 59,378 HDB flats were rented out, edging up 0.9% from 58,855 in the previous quarter.

HDB said it had observed no significant increase in resale prices or purchases by private residential property owners and former owners since the 15-month wait-out period was removed on 28 July 2026.

It will launch about 7,960 flats in Bedok, Geylang, Sembawang, Tengah, Toa Payoh, and Yishun in November, including Community Care Apartments in Toa Payoh.

“The macroeconomic outlook remains highly uncertain, including for global and domestic interest rates,” HDB said. “Households are advised to exercise prudence when purchasing property and taking out mortgage loans.”

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