196 views
Photo by Alix Lee via Pexels

HDB resale volumes drop 29% as prices stay flat

Resale index holds at 209.7 in February.

HDB resale transactions fell 29% MoM to 1,670 in February 2026, whilst overall prices were unchanged, with the resale index flat at 209.7.

Prices in Mature Estates rose 0.3% in February, whilst Non-Mature Estates fell 0.5%.

By flat type, 4-room resale prices rose 0.4%, but 3-room, 5-room, and Executive prices fell 0.8%, 0.4%, and 0.4%, respectively. Year-on-year, overall prices were up 1.5% versus February 2025.

Million-dollar resale flats slipped to 122 deals from 146 in January, making up 7.3% of transactions, with Toa Payoh recording the most such sales at 18. Bukit Merah and Queenstown followed with 17 each.

The highest-priced resale flat in February was a $1.70m 5-room unit at Skyterrace @ Dawson, whilst the top deal in Non-Mature Estates was a $1.47m 5-room unit in Punggol Drive.

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.