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Photo from 99-SRX

HDB rents jump 1.7% in July as Executive flats climb fastest

Non-Mature estates are now rising almost twice as fast as Mature ones.

Overall HDB rental prices increased by 1.7% month-on-month (MoM) and 1.5% year-on-year (YoY) in July, according to flash estimates from 99.co and SRX.

The SRX Property Index (SPI) for HDB rentals reached 147.6 in July, its highest point in the past year.

The index had declined steadily from July to October 2025, slipping from 145.4 to a low of 143.4, before staging a two-month recovery in November and December to close 2025 at 144.3.

The SPI moved within a narrow band in early 2026, dipping to 143.8 in January, before rising to 144.2 in February, 144.5 in March, and a high of 144.8 in April.

It eased again to 144.3 in May, then rose to 145.1 in June ahead of July's sharp jump.

By estate type, Mature and Non-Mature estates rose 1.2% and 2.2% MoM, respectively, and 1.3% and 1.8% YoY.

By flat type, Executive units posted the largest increases across both measures, up 4% MoM and 2.9% YoY.

Four-room flats rose 2.1% MoM and 1.2% YoY, whilst five-room flats grew 1.5% MoM and 2% YoY. Three-room flats posted the smallest gains, up 0.8% MoM and 1.2% YoY.

 

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