HDB resale prices rise 2.5% QoQ in Q3: flash estimates

It is the fastest growth rate since Q3 22.

HDB resale prices increased by 2.5% QoQ in Q3 2024, marking its fastest growth rate since Q3 2022, when prices rose by 2.6%.

Based on the Housing and Development Board's (HDB) flash estimates, resole volume also increased in Q3, rising by 20% YoY to 8,035.

HDB attributed the rise in volume and prices to strong and broad-based demand and supply constraints, with fewer new flats reaching the Minimum Occupation Period in 2024 compared to 2023.

HDB said the Q3 figures also capture market conditions before the Loan-to-Value limit for HDB loans was lowered from 80% to 75% on 20 August 2024, a measure to cool the resale market and encourage more cautious borrowing by home buyers.

Follow the link for more news on

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