Singapore’s HDB resale flat prices fell 0.1% in Q1 2026, the first quarterly decline in nearly 7 years, while private housing prices rose 0.9% after a 0.6% gain in the previous quarter. [1]
The HDB resale drop was the first since Q2 2019, when the market last posted a quarterly fall. [1]
The report said a softer HDB resale market could curb demand from upgraders, since many condo buyers in Singapore are HDB owners who use proceeds from selling their flats to help fund a private home purchase. [1]
Even so, buyers kept pouring into new condo projects. Tengah Garden Residences sold 853 of its 863 units, or 99%, over its launch weekend as of Apr. 26. [1]
The Q1 figures show a split market, with public housing resale prices easing slightly while private home prices continued to advance. [1]
