HDB resale activity cools as market levels off

Even so, the broader trend remains healthy.

HDB resale activity slowed down in August, dropping 14.3% from July, with prices appearing to level off as the market enters a plateau phase, a report by 99.co and SRX said.

HDB resale prices decreased by 0.1% in August 2025. HDB resale prices in Mature Estates and Non-Mature Estates decreased by 0.3% and 0.1%, respectively.

In terms of room types, 3-room prices decreased by 0.1%, while 5-room prices and Executive flats increased by 0.8% and 0.2%, respectively. Meanwhile, 4-room prices remained the same.

Price increased by 6% in August compared to the same time in 2024. Prices for all room types also increased with 3-room by 7.2%, 4-room by 6.3%, 5-room by 5.7%, and Executive by 3.3%, year-on-year.

Both Mature and Non-Mature Estate prices increased by 6.7% and 5.3%, respectively, from a year ago.

The highest transacted price for a resale flat in the month was S$1,600,000 for an Executive flat at The Pinnacle@Duxton.

In Non-Mature Estates, the highest transacted price was S$1,260,000 for an Executive flat at Yishun Avenue 4.

Additionally, August saw a decline in the resale of million-dollar HDB flats. From 169 in July to 141.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options 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. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia