HDB Resale Market

HDB’s flash estimate of the 1st Quarter 2026 Resale Price Index (RPI) is 203.4, a decrease of 0.1% over that in 4th Quarter 2025 (see Annexes A1 and A2). This marks the first decline in resale prices in nearly seven years, since 2nd Quarter 2019, and comes on the back of five consecutive quarters of slower or no price growth.

2 The resale volume in 1st Quarter 2026 (up to 30 March) stands at 6,179 transactions, 4.5% lower than the 6,473 transactions recorded in the same period last year.

Upcoming Flat Supply

3 In the upcoming BTO exercise in June 2026, we will offer about 6,900 flats in Ang Mo Kio, Bishan, Bukit Merah, Sembawang and Woodlands. More details will be shared during the sales exercise.

4 Flat buyers who wish to apply for a flat must have a valid HDB Flat Eligibility (HFE) letter¹ when they submit their flat application. We encourage all flat buyers to apply for an HFE letter early and submit all required documents by 15 May 2026, to ensure that they can obtain their HFE letter in time.

5 The macroeconomic outlook has become more uncertain. Households should continue to exercise prudence when purchasing properties and taking out mortgage loans.

^¹The HFE letter will inform flat buyers upfront of their eligibility for a new or resale flat purchase, CPF housing grants, and HDB housing loan, including the respective grant and loan amounts.

Flash Estimate of 1st Quarter 2026 Resale Price Index and Upcoming Flat Supply