HDB resale prices in Singapore experienced a modest increase of 0.1% in June 2025 compared to the previous month, according to the latest 99-SRX Media Flash Report. Despite a slight dip in transaction volumes, which fell by 0.4% to 2,276 units, the market remains resilient with a 7.3% year-on-year price growth.
The June school holidays likely contributed to the reduced activity, as families prioritised holidays and family time, delaying property viewings and decisions. Additionally, prospective buyers may be waiting for the upcoming Build-To-Order (BTO) and Sale of Balance Flats (SBF) launches in July, which will offer 5,500 BTO flats and around 3,000 SBF units across various towns.
The report highlighted that prices in Mature Estates remained stable, whilst Non-Mature Estates saw a 0.1% increase. Among room types, 3-room and 5-room flats experienced price increases of 0.4% and 0.8%, respectively, whereas Executive flats saw a 2.7% decrease.
Luqman Hakim, Chief Data & Analytics Officer at 99.co, noted that despite the slight dip in transactions, “resale volume in June 2025 is actually 4.2% higher compared to June 2024.”
In June, 132 HDB resale flats were sold for at least S$1.0m, a decrease from 143 such units in May. The highest transacted price was S$1.7m for a 5-room flat at SkyTerrace @ Dawson. As the market anticipates new BTO and SBF launches, the dynamics of HDB resale transactions may continue to evolve.
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