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HDB resale prices rising in past 4 years, outpacing private home price growth in 2020, 2021

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Fuelling the resale flat price rebound was a jump in HDB resale transactions.

Fuelling the resale flat price rebound was a jump in HDB resale transactions.

ST PHOTO: JOYCE FANG

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SINGAPORE – Median resale Housing Board flat prices have been rising steadily in the past four years, even outpacing the growth in median resale and new private home prices in 2020 and 2021, analysts say.

But that growth spurt slowed in 2022 and 2023 as some price resistance set in, and after

cooling measures were introduced in September 2022

.

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