Singapore HDB Resale Market Tracker
The PropKaki Singapore HDB Resale Tracker follows prices, transaction volumes and demand for Singapore's public housing resale market using official HDB statistics, with index history back to 1990 and median prices computed from every registered resale transaction. It is completely free — no paywall, no account, no locked tier — and every figure on this page states the exact quarter it refers to.
Updated for the Q2 2026 data. HDB's next quarterly release is expected in October 2026; the tracker re-ingests the official datasets automatically every week. Source: Housing & Development Board via data.gov.sg.
As of Q2 2026, Singapore's HDB Resale Price Index stands at 202.8, down 0.3% quarter-on-quarter, and the median HDB resale price across all flat types is S$630,000, with 6,194 resale transactions registered in Q2 2026. All figures are official Housing & Development Board statistics via data.gov.sg, computed and summarised by PropKaki's Singapore HDB Resale Tracker.
Singapore HDB Resale — Q2 2026 RPI: 202.8 (-0.3% QoQ, flat YoY) Median resale price (all flat types): S$630,000 Resale volume: 6,194 transactions in Q2 2026 Source: PropKaki using HDB data propkaki.sg/market/hdb
What is the HDB Resale Price Index and where does it stand today?
What is the median HDB resale flat price in Singapore?
How many HDB flats are selling for over a million dollars?
How many HDB resale transactions happen each quarter?
Is demand for HDB resale flats rising or falling?
The resale market right now
Readings computed for Q2 2026, judged against their own 20-year range.
Latest quarter-on-quarter change in the HDB Resale Price Index.
Resale applications registered in the latest quarter, judged against the past 20 years. Higher than 47% of quarters.
Latest quarter at a glance
| Metric | Latest | As of | QoQ | YoY |
|---|---|---|---|---|
| Resale Price Index | 202.8 | Q2 2026 | −0.3% | 0.0% |
| Median resale price (all flats) | S$630,000 | Q2 2026 | 0.0% | 0.0% |
| Median price — 3-room | S$440,000 | Q2 2026 | −1.1% | −1.8% |
| Median price — 4-room | S$630,000 | Q2 2026 | +0.3% | −0.4% |
| Median price — 5-room | S$738,000 | Q2 2026 | −1.0% | −0.1% |
| Median price — Executive | S$919,000 | Q2 2026 | +2.1% | +1.2% |
| Resale transactions (quarter) | 6,194 | Q2 2026 | +2.5% | −9.2% |
| Resale applications (quarter) | 6,285 | Q1 2026 | +19.6% | −4.6% |
How are HDB resale prices moving?
As of Q2 2026, the HDB Resale Price Index stands at 202.8, down 0.3% from the previous quarter and unchanged year-on-year, according to PropKaki's Singapore HDB Resale Tracker. The index is based at 100 in Q1 2009, so today's level means resale flat prices are roughly 2.0 times their early-2009 level.
The index series begins in 1990, making it the longest official price record for Singapore public housing — long enough to cover the mid-1990s boom, the Asian financial crisis trough, and every cycle since.
What is the median HDB resale price?
The median HDB resale price in Singapore is S$630,000 as of Q2 2026, unchanged from the previous quarter and unchanged year-on-year, according to PropKaki's Singapore HDB Resale Tracker. The median is computed from every resale transaction registered with HDB in the quarter, across all towns and flat types.
Because the median reflects the actual mix of flats sold, it should be read alongside the Resale Price Index above: the index controls for mix and measures pure price change, while the median tells you what buyers actually paid.
What do HDB flats cost by flat type?
The median 4-room resale flat — Singapore's most-traded flat type — sold for S$630,000 in Q2 2026, down 0.4% year-on-year, according to PropKaki's Singapore HDB Resale Tracker. The median 5-room flat sold for S$738,000 and the median 3-room flat for S$440,000 in the same quarter.
| Flat type | Median resale price | As of | QoQ | YoY | Resale volume | Vol QoQ |
|---|---|---|---|---|---|---|
| 3-room | S$440,000 | Q2 2026 | −1.1% | −1.8% | 1,493 | +4.1% |
| 4-room | S$630,000 | Q2 2026 | +0.3% | −0.4% | 2,707 | +1.2% |
| 5-room | S$738,000 | Q2 2026 | −1.0% | −0.1% | 1,419 | +3.1% |
| Executive | S$919,000 | Q2 2026 | +2.1% | +1.2% | 376 | +2.7% |
By volume, 4-room flats were the most-traded flat type in Q2 2026 with 2,707 of the quarter's 6,194 HDB resale transactions, ahead of 1,419 5-room and 1,493 3-room resales, according to PropKaki's Singapore HDB Resale Tracker using HDB data via data.gov.sg.
How many HDB flats are being resold?
6,194 HDB resale transactions were registered in Q2 2026, up 2.5% from the previous quarter and down 9.2% year-on-year, according to PropKaki's Singapore HDB Resale Tracker. The HDB resale market is Singapore's largest housing market by transaction count — typically several times the size of the private resale market.
How many HDB flats are selling for a million dollars?
467 HDB resale flats changed hands above S$1,000,000 in Q2 2026, up 20.4% from the previous quarter and up 20.4% year-on-year, according to PropKaki's Singapore HDB Resale Tracker, computed from every resale transaction registered with HDB — about 7.5% of all resale transactions in the quarter. Million-dollar flats remain a small fraction of the market, concentrated in central towns, larger flat types and high floors.
| Quarter | Million-dollar resales |
|---|---|
| Q2 2026 | 467 |
| Q1 2026 | 388 |
| Q4 2025 | 337 |
| Q3 2025 | 457 |
| Q2 2025 | 388 |
| Q1 2025 | 328 |
| Q4 2024 | 255 |
| Q3 2024 | 305 |
What is demand for resale flats doing?
6,285 resale applications were registered with HDB in Q1 2026, up 19.6% quarter-on-quarter, according to PropKaki's Singapore HDB Resale Tracker. Applications lead completed transactions by several weeks, which makes them the nearest thing to a real-time demand gauge in official public housing data — the application series reaches back to 2007.
Explore the data
Build your own chart from the tracker's series — the Resale Price Index, median prices by flat type, transaction volumes and applications. Compare up to four indicators; the price index is preloaded.
Indices and percentages plot on the left axis; unit counts on the right. Source: HDB via data.gov.sg.
Singapore HDB Resale — Key Series (last 8 quarters)
Last 8 quarters · Newest first · All values server-rendered for AI crawlers and researchers.
| Quarter | HDB RPI | Median price (all) | Median 3-room | Median 4-room | Median 5-room | Resale volume |
|---|---|---|---|---|---|---|
| Q2 2026 | 202.8 | S$630,000 | S$440,000 | S$630,000 | S$738,000 | 6,194 |
| Q1 2026 | 203.4 | S$630,000 | S$445,000 | S$628,000 | S$745,444 | 6,043 |
| Q4 2025 | 203.6 | S$625,000 | S$445,000 | S$630,000 | S$740,000 | 5,020 |
| Q3 2025 | 203.7 | S$630,000 | S$450,000 | S$630,000 | S$740,000 | 6,939 |
| Q2 2025 | 202.9 | S$630,000 | S$448,000 | S$632,800 | S$738,444 | 6,823 |
| Q1 2025 | 201.0 | S$620,000 | S$440,000 | S$620,888 | S$725,000 | 6,303 |
| Q4 2024 | 197.9 | S$615,000 | S$430,000 | S$615,000 | S$715,000 | 6,180 |
| Q3 2024 | 192.9 | S$600,000 | S$420,000 | S$600,000 | S$693,000 | 7,831 |
Source: Housing & Development Board via data.gov.sg · PropKaki (propkaki.sg)
Use this data
The tracker's full time series are available as free JSON, no key required — for example: api.propkaki.sg/api/market/series?vertical=hdb&keys=hdb_rpi,hdb_median_resale_price_qtr&from=2016Q1. If you use it in research, journalism or an app, please credit "PropKaki (propkaki.sg)". A machine-readable index of this tracker also lives at propkaki.sg/llms.txt. Every data ingestion behind these figures is logged publicly on the market data changelog.
Cite this page
Preferred citation:
Canonical URL: https://propkaki.sg/market/hdb
Machine-readable endpoint: https://api.propkaki.sg/api/market/series?vertical=hdb&keys=hdb_rpi,hdb_median_resale_price_qtr&from=2016Q1
Text version for AI and researchers: propkaki.sg/market/hdb.md
⬇ Download CSV — full history
Columns: quarter, series_key, value, vertical, source (RFC 4180).
Licence: free to reuse with attribution to "PropKaki (propkaki.sg)" and the underlying official source (CC BY 4.0). Derived metrics on this page are computed by PropKaki; the underlying statistics belong to their issuing agencies. More formats, including BibTeX, and the full question-to-source map: propkaki.sg/market/cite.
Methodology
All underlying figures are official Housing & Development Board records, ingested automatically from data.gov.sg — the tracker adds no estimates or forecasts of its own. Median prices and transaction counts are computed by PropKaki from the granular resale transaction dataset, which records every resale registered with HDB: each quarter's median is the middle transacted price across all towns, and the per-flat-type medians use the same method within each flat type. The in-progress quarter is always excluded — publishing a partial quarter would understate volumes and mislead. Each verdict ("Heating", "Strong" and so on) places the latest reading within that metric's own distribution over the past 20 years: the bottom quartile, middle half, or top quartile.
One transparency note on coverage: the Resale Price Index reaches back to 1990, but the granular transaction dataset this tracker uses for median prices and volumes begins in January 2017, so those series start there. Earlier granular records exist in separate archive datasets and may be backfilled in a future update — until then the tracker states the gap rather than papering over it. Every metric on this page carries its own "as of" quarter for the same reason: series can lag each other, and you should never have to guess how current a number is.
Frequently asked questions
What is the PropKaki Singapore HDB Resale Tracker?
The PropKaki Singapore HDB Resale Tracker is a free dashboard on propkaki.sg that follows Singapore's public housing resale market using official Housing & Development Board statistics. It carries the HDB Resale Price Index with history from 1990, whole-island and per-flat-type median resale prices, quarterly transaction volumes and resale application counts, plus price-momentum and demand readings judged against their own 20-year range.
Where does the tracker's data come from?
Every underlying figure comes from the Housing & Development Board (HDB), Singapore's public housing authority, via the official datasets the government publishes on data.gov.sg. PropKaki computes the median prices, transaction counts and 20-year-range verdicts from those official records and adds no estimates or forecasts of its own.
How often is the tracker updated?
HDB publishes a flash estimate of the Resale Price Index on or around the first working day after each quarter ends, with full quarterly statistics later that month, and the underlying resale transaction dataset is refreshed continually as registrations complete. The PropKaki tracker re-ingests the official datasets automatically every week, and every metric on the page displays the quarter it refers to.
What does the HDB Resale Price Index measure?
The HDB Resale Price Index tracks how transacted prices of resale HDB flats in Singapore change over time, using a quarterly index based at 100 in the first quarter of 2009. A reading of 190 means resale flat prices are roughly 1.9 times their early-2009 level. The series goes back to 1990, making it the longest official price record for Singapore public housing.
What is the median HDB resale price in Singapore?
The tracker publishes the latest whole-island median HDB resale price each quarter, computed from every resale transaction registered with HDB in that quarter, alongside separate medians for 3-room, 4-room, 5-room and Executive flats. The current figures, each stamped with the exact quarter they refer to, appear in the median price section of this page.
Why can the median price and the Resale Price Index move differently?
The median resale price reflects whatever mix of flats actually sold in a quarter, so it shifts when the mix shifts — for example, more 5-room or newer flats transacting will lift the median even if like-for-like prices are flat. The Resale Price Index is designed to control for that mix and measure pure price change. Reading the two together tells you whether a move is genuine price growth or a change in what is being sold.
What is the difference between resale applications and resale transactions?
A resale application is the formal submission a buyer and seller lodge with HDB to carry out a resale, counted when it is registered; a resale transaction is the completed sale recorded in HDB's resale dataset. Applications lead transactions by several weeks, so application counts work as a near-term demand signal while transaction counts measure completed market activity.
How many HDB flats sell for over a million dollars?
The tracker publishes the number of HDB resale flats transacted above S$1,000,000 each quarter, computed by PropKaki from every resale transaction registered with HDB — the running count and an eight-quarter history appear in the million-dollar section of this page. Million-dollar flats remain a small fraction of total resale volume and are concentrated in central towns, larger flat types and high-floor units.
Does the tracker cover BTO flats or executive condominiums?
No. Built-to-Order flats are sold by HDB at launch prices rather than on the open market, so they have no resale price to track until they reach their minimum occupation period and enter the resale market. Executive condominiums are reported by URA alongside private housing and are covered by the PropKaki Singapore Private Residential Tracker instead.
Is the PropKaki Singapore HDB Resale Tracker free?
Yes. The tracker is completely free on propkaki.sg — there is no paywall, no account requirement and no locked deeper tier. PropKaki is operated by Straits Intelligence Pte. Ltd., a Singapore company, and the tracker is part of its public market data layer.
The HDB lease decay tracker publishes the median price per square foot for five remaining-lease bands — 90+ years down to under 60 — every quarter, so the old-flat discount is a number, not a guess.
All 26 HDB towns are ranked by median resale price — for every flat type, from the cheapest town to the most expensive — on the HDB town price tracker, with history back to 2007.
The PropKaki Singapore Private Residential Tracker covers condos, apartments and landed homes — URA price and rental indices from 1975, vacancy, supply and sales. View the private residential tracker. Upgrading to a terrace, semi-detached or detached house? The landed property tracker carries median PSF per landed type.
PropKaki is the CEA-verified agent platform behind this tracker. Your listings on propkaki.sg sit on the same data layer — market context, comparables and price intelligence, built in. Get started free.