新加坡2025年第3季度HDB組屋市場報告。

From personal observations, the HDB resale market in Singapore during 2025’s third quarter shows an interesting trend where price appreciation has notably decelerated compared to previous years. This aligns with the data indicating the slowest price growth since 2019. However, despite this slowdown, transaction volumes remain robust, typically due to the seasonal peak in Q3 when buyers and sellers are most active. Price stabilization implies buyers are becoming more cautious, possibly influenced by economic factors or policy changes. For instance, resale flats priced above one million SGD saw record sales of 480 units, revealing sustained demand in premium segments. Additionally, resale price growth reflects only a modest 2.9% increase in the first nine months of 2025, the smallest nine-month gain on record since 2020. For homeowners and prospective buyers, these trends suggest a more balanced market where negotiating power might tilt slightly towards buyers, especially in less sought-after zones. It’s advisable to track monthly transaction data closely and consider factors like flat location, price range, and remaining lease tenure, all critical for making informed decisions. In summary, while the resale market is not in rapid price growth mode, it remains active and healthy, influenced by seasonal peaks and a diverse range of price segments. This nuanced understanding can help residents and investors navigate their options more confidently.