HDB resale prices fall for third consecutive quarter: Flash estimate
HDB says it has not observed a significant increase in either the prices or the number of resale flats purchased by private home owners and former private property owners since the 15-month wait-out period was removed.
Singapore's Housing and Development Board (HDB) resale flat prices fell for the third straight quarter in Q3 2026, according to flash estimates released on Thursday. The HDB Resale Price Index dropped 0.2% from the previous quarter, settling at 202.4. Resale prices declined 0.1% in Q1, 0.3% in Q2, and remained unchanged in Q4 2025 after a 0.4% increase in Q3.
Despite the price decline, the number of resale transactions remained stable, with 7,528 transactions in Q3, 5.2% higher than the same period last year. HDB observed no significant increase in prices or purchases by private owners and former property owners since the 15-month wait-out period for these buyers was abolished on Jul 28.
National Development Minister Chee Hong Tat stated that market conditions had improved and the government assessed that the wait-out period had served its purpose. HDB will continue to monitor the resale market, and the government cautioned that the macroeconomic outlook remains uncertain, advising households to exercise prudence when purchasing property and taking out mortgage loans.
Written by urgent.news from CNA - Singapore's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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