Which flat type has the most resale transactions?

4-room flats consistently account for the largest share of HDB resale transactions, followed by 5-room flats and then 3-room flats. Executive apartments have the lowest volume, reflecting their smaller overall stock. The PropKaki HDB tracker shows the breakdown by flat type each quarter.

What does a drop in HDB resale volume mean?

Lower resale volume can reflect reduced buyer demand, fewer sellers willing to transact, or a shift in demand towards new BTO flats. It does not necessarily mean prices are falling — the HDB Resale Price Index can rise even as volume falls if the remaining transactions are for well-located or desirable flats.

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PropKaki Intelligence — Questions

How many HDB resale flats are sold per quarter?

Quarterly HDB resale transaction volume from HDB's official registered resale application data — broken down by flat type so you can see where market activity is concentrated.

At a glance

In Q1 2026, 6,047 HDB resale flats were sold — up 20.5% from the previous quarter and down 4.1% year-on-year — according to PropKaki's Singapore HDB Market Tracker using HDB's official resale application data.

Breakdown by flat type — latest quarter

Flat type	Transactions	Quarter
3-room	1,435	Q1 2026
4-room	2,676	Q1 2026
5-room	1,378	Q1 2026
Executive	366	Q1 2026

Total resale volume — last 8 quarters

Quarter	Total resale transactions
Q1 2026	6,047
Q4 2025	5,020
Q3 2025	6,939
Q2 2025	6,823
Q1 2025	6,303
Q4 2024	6,180
Q3 2024	7,831
Q2 2024	7,031

Why does HDB resale volume fluctuate?

HDB resale volume is shaped by BTO supply cycles, seller MOP eligibility (flats become eligible after the 5-year Minimum Occupation Period), interest rates, and broader market sentiment. Large BTO supply waves from 2020–2023 are expected to reach MOP in 2025–2028, which should increase the pool of eligible resale flats and potentially lift volume.

Volume is a leading sentiment indicator: sustained drops in volume often precede price weakness, while volume spikes can signal demand bursts — though this relationship is not mechanical and the HDB government intervenes with cooling measures when the market overheats.