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HDB resale prices fall for 2nd straight quarter, 0.3% lower compared to Q1 2026

Dip in prices.

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July 01, 2026, 12:14 PM

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HDB resale prices decreased by 0.3 per cent in the second quarter of 2026, compared to that of the first quarter.

This is according to a flash estimate released by the Housing Development Board (HDB) on Jul. 1.

This is the second consecutive quarter in which HDB resale prices dipped, following a 0.1 per cent drop last quarter.

0.3 per cent dip in prices

Here's how the Resale Price Index (RPI) compares between quarters in the past year.

Screenshot via HDB.

There was also a drop in resale volume in Q2 2026, with 6,268 transactions as of Jun. 29, HDB said.

This is 10.2 per cent lower than the 6,981 transactions recorded in the same period last year.

Here's how the price index of HDB resale flats has moved since the first quarter of 2009.

Chart via HDB.

What is the Resale Price Index (RPI)?

RPI tracks the overall movement of the public housing market, using the first quarter of 2009 as the baseline of 100.

It is calculated using resale transactions registered across all towns, flat types and models.

Hence, if the index increases from 100 to 108 in one year, HDB resale prices would increase by 8 per cent that year.

7,960 flats to be launched in October 2026

In terms of upcoming flat supply, HDB noted that about 7,960 new flats will be launched in October 2026.

These flats will be in Bedok, Geylang, Sembawang, Tengah, Toa Payoh and Yishun.

Community Care Apartments will also be offered in Toa Payoh.

More details will be shared during the sales exercise, HDB said.

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