The Business Times
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THE LEVEL GROUND

Mind the gap opening up as HDB resale market slows while million-dollar sales spike

Watch out for inequality and negative wealth effects as prices moderate broadly, but the premier segment strengthens 

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Leslie Yee

Leslie Yee

Published Mon, Jul 27, 2026 · 12:15 PM
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    • With a large gap between condo and HDB resale home prices, much upgrading activity will happen within the public-housing market.
    • With a large gap between condo and HDB resale home prices, much upgrading activity will happen within the public-housing market. PHOTO: BT FILE

    [SINGAPORE] According to the Housing & Development Board’s (HDB) latest data, resale flat prices fell in the second quarter, with the HDB Resale Price Index moderating by 0.3 per cent quarter on quarter following a 0.1 per cent quarterly decline in Q1.

    Resale volume in Q2 was up slightly versus that in the first quarter, but was down on a year-on-year basis.

    An increase in the supply of HDB Build-To-Order (BTO) flats, including units with shorter waiting times, has likely helped moderate demand for resale units.

    HDBResidentialSingapore residential propertyInequalityHousingPropertyThe Level Ground

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