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Fewer residential completions, tight HDB resale supply seen propping up prices in 2025

The 6,974 resale flats expected to hit the market is the lowest in 11 years

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Jessie Lim

Jessie Lim

Published Thu, Jan 23, 2025 · 09:29 PM
    • The drop in MOP flats may drive HDB resale prices higher in 2025, but OrangeTee's Christine Sun expects supply to recover and more than double to 13,480 flats in 2026.
    • The drop in MOP flats may drive HDB resale prices higher in 2025, but OrangeTee's Christine Sun expects supply to recover and more than double to 13,480 flats in 2026. PHOTO: BT FILE

    FEWER private residential completions, interest rate movements, and a tighter supply of HDB resale flats reaching their Minimum Occupation Period (MOP) will be some of the factors that may impact Singapore’s residential market in 2025. 

    These insights were shared at the Building and Construction Authority-Real Estate Developers’ Association of Singapore’s Real Estate Prospects Seminar on Thursday (Jan 23).  

    In a presentation on the changing trends and new growth areas in the residential market, Christine Sun, OrangeTee Group’s chief researcher and strategist, estimated that 6,974 resale flats are expected to hit the market in 2025 after owners fulfil the MOP. This is the lowest in 11 years since 5,301 units reached their MOP in 2014. 

    RedasSingapore residential property

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