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Nicholas Mak

From 2003 to 2023, prices of private non-landed housing and HDB resale flats increased by 143.1 per cent and 140.2 per cent respectively. Over the same period, prices of landed homes jumped by a steeper 180.6 per cent.

BT PROPERTY WEEK 2024

HDB owners increasingly shut out of ‘ultimate upgrade’ to landed housing

The Pinnacle@Duxton on 7 April 2021.

Public housing with million-dollar price tags

Among the three private non-landed property segments, the mass market segment is consistently the largest sector in the past 19 years in terms of the number of housing units transacted.

PROPERTY 2023

Mass-market condos’ demand and prices supported by firm fundamentals

In 2021, the HDB resale price index jumped 12.7 per cent year-on-year, which was the highest annual rate of growth in the past decade. In the past two years since the start of the Covid-19 pandemic, public housing prices in Singapore have grown 18.4 per cent.

Where HDB resale flats won’t break the bank

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