HDB resale supply to improve as 13,000 flats become eligible: report
The figure is up 93% from around 6,980 units last year.
Supply in the HDB resale market is expected to improve in 2026, with more than 13,000 flats becoming eligible for resale after reaching their five-year minimum occupation period.
The figure is up 93% from around 6,980 flats in 2025, with large cohorts from towns such as Punggol, Sengkang, Tengah and Bidadari, according to a 99-SRX Media Flash Report.
As more owners become eligible to sell, resale listings are expected to increase, giving buyers more options and negotiating leverage while keeping the market broadly balanced, said Luqman Hakim, Chief Data & Analytics Officer at 99.co.
The expected increase in resale supply comes as 188 HDB resale flats were sold for at least $1m in June, up from 166 units in May. Million-dollar flats accounted for 8.8% of total resale volume for the month.
Hakim said the rise in million-dollar transactions shows continued activity at the top end of the market despite softer overall sales volume.
“While they still represent a relatively small share of the market, their growing presence helps explain why overall price indices have remained largely stable even as new record prices continue to be set,” he added.
A total of 2,137 HDB resale flats changed hands in June, down 0.1% from May and 6.1% lower year-on-year. Luqman said the divergence between stable prices and softer transaction volume suggests the resale market is entering a more balanced phase.
With sellers not significantly lowering asking prices, buyers have become more selective at current price levels, he added.
Transaction volume may also have been moderated by some buyers waiting for the June Build-To-Order launch before committing to a resale purchase.
The highest resale transaction in June was $1.65m for a five-room flat at Skyterrace @ Dawson. In non-mature estates, the highest transacted price was $1.28m for an executive flat in Hougang Central.
Bukit Merah and Toa Payoh each recorded 28 million-dollar flat transactions, followed by Queenstown with 23.
By room type, four-room flats accounted for 44.7% of resale volume in June, followed by three-room flats at 24.7%, five-room flats at 24.1%, and executive flats at 6.4%.
Non-mature estates accounted for 56.8% of resale transactions, whilst mature estates made up 43.2%.