HDB resale prices in Singapore experienced a 1.2% increase in January 2026, accompanied by a 15.1% rise in resale volumes, according to the latest report from 99.co and SRX. This rebound is attributed to the typical post-year-end market normalisation, as December often sees reduced activity due to holidays and deferred buying decisions.
The report highlights that prices in Mature Estates rose by 0.9%, whilst Non-Mature Estates saw a 0.7% increase. By room type, 3-room, 4-room, and 5-room flats experienced price hikes of 1.2%, 1.4%, and 0.9%, respectively, whereas Executive flats saw a 2% decrease. Year-on-year, overall prices increased by 2.4%, with Executive flats leading the growth at 3.1%.
A total of 2,351 HDB resale flats were transacted in January, marking a 0.9% increase compared to the same month last year. Notably, 58.8% of these transactions occurred in Non-Mature Estates. The highest resale price was S$1.56m for a 5-room flat at The Pinnacle @ Duxton, whilst the top price in Non-Mature Estates was S$1.18m for an Executive flat in Bukit Batok.
Additionally, 146 flats were sold for at least S$1m, slightly up from 145 in December. Queenstown led with 23 million-dollar transactions, followed by Toa Payoh and Bukit Merah with 20 and 17, respectively. These figures underscore the steady demand and resilience of the HDB resale market.
