HDB resale price growth eases to 1.6% in Q1 2025, transactions up 2.6%

SINGAPORE: Resale flat prices rose by 1.6% in Q1 2025, according to HDB data, with a resale price index of 201.0, lower than previous quarters’ growth. Resale transactions increased by 2.6% to 6,590 cases, though still 6.8% lower than last year, as the largest Sale of Balance Flats exercise in February 2025 provided more options, easing demand pressure. HDB plans to launch over 50,000 Build-To-Order flats from 2025 to 2027, increasing the public housing stock and potentially diverting demand from the resale market.