The Business Times
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Nicholas Mak

From 2003 to 2023, prices of HDB resale flats increased by 140.2 per cent, while landed homes prices jumped by a steeper 180.6 per cent.
BT PROPERTY WEEK 2024

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

In LAND-SCARCE Singapore, landed housing is the most exclusive type of residential property. Despite the high prices, a not-insignificant number of landed property buyers are those who have “upgraded”...

The Pinnacle@Duxton is a relatively new HDB project that is close to the central business district, and this enables it to command lofty prices. At S$963 per square foot (psf), the median price of the million-dollar flats at this HDB project is the highest among all the HDB towns with million-dollar flats, ERA highlighted.

Public housing with million-dollar price tags

PRIOR to 2012, paying S$1 million – or more – for a HDB flat was unheard of. In 2012, two HDB resale flats were sold at those price levels. Since then, million-dollar HDB resale flats are becoming mor...

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

Amid rising HDB resale prices and median household income, more are seeking out private residential non-landed options

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

Feeling priced out of the property market? Here’s a look at which HDB towns house 3, 4 and 5-room flats that are transacting at lower prices than the rest of the market.

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