Summary
HDB resale prices fell 0.1% in the third quarter of 2026 from the previous quarter, the Housing & Development Board (HDB) said on 23 Oct. Its Resale Price Index stood at 202.5, the third quarterly decline in a row, after falls of 0.1% in Q1 and 0.3% in Q2.
Prices barely moved, but activity picked up. Resale transactions rose 19.5% to 7,645 flats from 6,396 in Q2, HDB said.
What the final data show
| Measure (Q3 2026) | Figure | Q2 2026 |
|---|---|---|
| Resale Price Index (1Q2009 = 100) | 202.5 | — |
| Resale price index, change on quarter | -0.1% | -0.3% |
| Resale transactions | 7,645 (+19.5%) | 6,396 |
| Five-room flats resold | 1,867 (+26.7%) | 1,473 |
| Executive and multi-generation flats resold | 545 (+41.6%) | 385 |
Source: HDB, 3rd Quarter 2026 Public Housing Data and Upcoming Flat Supply, 23 Oct 2026.
Larger flats drove the rise in volume: five-room resales rose 26.7% and executive and multi-generation resales 41.6% on the quarter, against 21.0% for four-room flats, HDB's figures show.
What this means for Singapore flat buyers and sellers
Demand has shifted towards bigger flats, while the island-wide index barely moved.
For buyers, steady prices and higher volumes mean more flats to compare and room to negotiate. For sellers of five-room and larger flats, demand is strongest, but a check of recent prices in your own town and flat type matters more than the island-wide index.
What to do next
- Compare recent prices in your town and flat type before setting or accepting a price; the island-wide index can hide local moves.
- Get your HDB Flat Eligibility letter before you start viewing, if you are buying.
- Browse resale homes and compare them with new launches: https://proprkey.com/en/properties?segment=buyer&mode=buy
- Ask a verified mortgage adviser or property lawyer to check your financing and timeline: https://proprkey.com/en/pros?segment=legalFinance