HDB resale prices up 1.1% MoM in April

On a yearly basis, overall price for HDB resale increased by 11.9%

HDB resale prices were up by 1.1% in April 2022 compared to March 2022 whilst on a yearly basis, overall price increased by 11.9%, according to property firms, 99.co and SRX.

Meanwhile, HDB resale transactions were at 2,273 in April 2022, which increased by 0.2% from March 2022. But resale volume this month is 2.9% lower than the same period last year.

Across room types, in April 2022, 43.7% of the resale volume is from HDB 4 Room, 25.6% from 5 Room, 21.8% from 3 Room, and 7.4% from Executive.

This month, there were also 22 HDB resale flats purchased for at least $1,000,000, representing a decrease from March 2022 in which 27 such units were transacted.

Commenting on the property firms’ data, Huttons Asia CEO Mark Yip said they predict that more flats could be put up for sale, which will ease the supply crunch. He added that price gains for the HDB market may increase 8% in 2022.

Real estate expert, OrangeTee, said young couples may opt to buy to open market even as there is an extended completion period for some new flats.

But it warned that construction delays for some BTO flats could be aggravated by the ongoing global supply chain disruptions and cost pressures.

Follow the link s for more news on

99.co

Housing and Development Board

HDB resale

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