For anyone considering buying or selling a flat, HDB resale price is an essential part of understanding the property landscape. Factors influencing resale prices include location (mature vs non-mature estates), flat size (3-room, 4-room, etc.), renovation quality, and proximity to MRT or schools.
The market saw a surge post-pandemic, with record-high prices in some popular estates due to low supply and high demand. Rare flat types (like maisonettes or DBSS) and flats near top schools can also sell above average.
HDB releases official resale price statistics quarterly, and you can check recent transactions by read more block and town using the HDB website’s Resale Flat Prices portal. Many buyers use these resources to compare asking prices and determine fair value before making an offer.
It’s important for buyers to keep up with announcements as they can influence both demand and price movement.
If you’re planning a transaction, it pays to research recent deals in your chosen area and consult reliable sources for guidance.