In Q1 2025, the HDB resale price index rose for the third quarter in a row.

Why is it rising?

  • Supply: BTO wait times remain long; some families switch to resale.
  • Demand: Mature estates and good-school zones remain consistently undersupplied.
  • Rates: Mortgage rates have eased from the peak, restoring some buyer purchasing power.

What should buyers do?

  1. Don't blindly chase hot mature estates — premiums are already fully priced in.
  2. Look at "near-mature" non-mature estates — infrastructure is coming online, with catch-up potential.
  3. Use CPF + HDB loans wisely — total cost of capital is still lower than private.