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Modest HDB resale price growth expected in 2026 amid rising supply

Analysts project resale prices of Housing & Development Board flats to rise by 1-5%

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Chong Xin Wei

Chong Xin Wei

Published Wed, Dec 10, 2025 · 07:00 AM
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    • Towns with the largest number of flats reaching their minimum occupation period in 2026 include Punggol, Queenstown and Toa Payoh, say market watchers.
    • Towns with the largest number of flats reaching their minimum occupation period in 2026 include Punggol, Queenstown and Toa Payoh, say market watchers. PHOTO: TAY CHU YI, BT

    [SINGAPORE] The public housing market will likely see modest growth in resale prices next year, with ample fresh supply and cooling demand keeping a lid on flat prices.

    Analysts project that resale prices of Housing & Development Board (HDB) flats could rise by between 1 and 5 per cent, after the market slowed considerably this year.

    Resale flat prices were up 2.9 per cent for the first nine months of 2025, after rising sharply in 2024 to gain 9.7 per cent. Prices accelerated after a 4.9 per cent increase in 2023.

    HDBResidential propertySingapore residential propertyOutlook 2026

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