新加坡2025年第2季度HDB組屋市場報告

In addition to the core market report for Singapore's HDB resale flats in Q2 2025, I noticed some interesting dynamics that may help prospective buyers and sellers better navigate the market. There were no new Build-To-Order (BTO) launches or Sales of Balance Flats (SBF) available this quarter, which led many buyers to focus solely on the resale market. The resale flat prices showed a steady increase of about 2.5% in the first half of 2025, which is slightly slower than the 4.2% growth seen in the previous year. This gradual price appreciation indicates a stable market with modest growth potential. One noteworthy trend was the surge in resale transactions of larger flats, especially units priced above SGD 1 million. For the first time, there were over 100 such transactions, driven primarily by HDB upgraders and former private property owners returning to public housing. Transaction volume for the quarter reached 7,102 flats, up 7.8% quarter on quarter but down 3.4% year on year, signaling a more active market compared to the immediate past quarter but still slightly below last year's levels. Looking forward, analysis by property agencies projects total resale transactions in 2025 could range between 26,000 and 28,000 units, with approximately 1,500 flats selling at million-dollar prices or above. This segment is worth monitoring closely, as it reflects buyer demand for premium HDB flats with larger layouts and more amenities. If you are considering buying or selling a resale flat in Singapore, understanding these market trends can help you make well-informed decisions. Keep an eye on the resale price changes, buyer profiles, and transaction volumes to anticipate market movements and timing your property transactions effectively.