July HDB resale reaches record-high of 2,660 transactions
Resale prices dip by 0.7% during the month.
Resale flat transactions increased by 24.5% month-on-month to 2,660 transactions, the highest monthly resale volume recorded so far in 2026, according to statistics released by 99.co and SRX.
The surge in transactions reflects some buyers holding off on resale purchases whilst waiting for their Build-To-Order (BTO) ballot results. At the same time, the June school holidays may have slowed viewing activity and decision-making as families travelled or postponed their housing plans.
Once the holidays ended and unsuccessful BTO applicants returned to the resale market, some of this delayed demand may have been released in July. The rebound therefore appears more consistent with a normalisation in activity than a sudden shift in buyer sentiment.
The Housing and Development Board (HDB) launched 6,952 flats across seven projects on 17 June, attracting 22,312 applications and an overall application rate of 3.2 times the available supply. Demand was especially strong for projects in mature estates such as Bishan and Bukit Merah.
Year-on-year, resale volume in July 2026 was 3.1% higher. Breaking it down by room type, 22.5% of the HDB resale volume in July 2026 came from 3-room flats, 45.1% from 4-room flats, 26.3% from 5-room flats, and 6.1% from Executive flats. By estate, 57.8% of the resale volume in July 2026 came from Non-Mature Estates. The remaining 42.2% were from Mature Estates.
The month also saw resale prices dip by 0.7%. HDB resale prices in Mature Estates and Non-Mature Estates decreased by 1.7% and 0.3%, respectively. By room type, prices for 3-room, 4-room, 5-room, and Executive flats decreased by 0.4%, 0.9%, 1.1%, and 1.5%, respectively.
There were 187 HDB resale flats that sold for at least $1m, a slight decrease from 188 in July. The number of million-dollar flats sold* comprised 7% of the total resale volume for the month.
Queenstown recorded 32 million-dollar flat transactions, followed by Toa Payoh with 28 and Bukit Merah with 20.
The remaining million-dollar flat transactions were recorded in Ang Mo Kio, Kallang/Whampoa, Tampines, Bedok, Clementi, Hougang, Serangoon, Bishan, Central Area, Geylang, Marine Parade, Woodlands, Yishun, Punggol, Bukit Timah, Sengkang, Bukit Panjang, and Bukit Batok.
The highest resale flat sold for the month was at $1.58m for a 5-room flat at Natura Loft. In Non-Mature Estates, the highest transacted price was $1.29m for a 5-room flat at Punggol Field.