HDB’s resale price index inches up by 0.9% in Q2

This is the lowest QoQ growth since Q2 2020.

The Housing and Development Board’s (HDB) resale price index was up by 0.9% to 202.9 in the second quarter of 2025, its lowest quarter-on-quarter growth since Q2 2020.

This is also the third consecutive quarter that price growth has moderated.

Resale transactions climbed by 7.8% to 7,102. However, compared to the same period last year, the number of transactions fell by 3.4%.

Rental activity also increased. Approved applications to rent out HDB flats rose by 4.2% to 10,066 from the previous quarter.

Approvals were up 5.4% year-on-year. Despite that, the total number of flats being rented out declined slightly to 58,720 units, which is 1.4% lower than the previous quarter.

In October, HDB plans to launch its final sales exercise for the year, offering about 9,100 Build-To-Order flats in Ang Mo Kio, Bedok, Bishan, Bukit Merah, Jurong East, Sengkang, Toa Payoh, and Yishun.

HDB will also launch its fifth Community Care Apartment in Sengkang in this sales exercise.

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Housing and Development Board

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