687 views
Photo from 99-SRX

HDB resale volume slips 6.3% as softening trend extends in May

Transactions climb 10.1% from April but stay below 2025 levels.

HDB resale volume fell 6.3% year-on-year to 2,139 transactions in May from 2,284 from last year, according to data from 99.co and SRX.

Meanwhile, the 99-SRX flash report for May showed that resale volume rose 10.1% from 1,943 transactions in April.

Over the past 13 months, monthly resale volume peaked at 2,580 transactions in July 2025 before easing to 2,213 in August and 2,186 in September.

Volume then fell to 1,347 in October 2025 before recovering to 1,674 in November and 2,042 in December.

In 2026, monthly volume was 2,351 in January, 1,670 in February, 2,053 in March, and 1,943 in April.

Join Singapore Business Review community

Follow the link s for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

You're the reader we write for. You're also the person our partners want to reach.

If that sentence describes you — a founder, a C-suite, someone whose attention companies pay good money for — then you already understand why SBR works. We've spent twenty years earning the trust of readers exactly like you. Which is exactly what makes this an interesting place for your company to show up, too.

The ways it can show up are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The right fit depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If your company has something this audience should know about, we'd like to hear what you're working on.

No rate cards until we understand the brief. It's a better use of everyone's time.