In 2Q2025, HDB resale flat prices recorded a modest quarter-on-quarter growth of 0.9%, the lowest increase since 2Q2020. This figure indicates a continued trend of decreasing price growth momentum, marking the third consecutive quarter in which the rate of increase has slowed. In the prior quarter, prices had risen by 1.6%, while the quarter before that saw a more robust growth of 2.6%. The current figures suggest a cooling off in the resale market, prompting analysts to examine the implications of this trend.
Overall, resale flat prices have experienced a cumulative increase of 2.5% since the beginning of 2025. This statistic reflects a period in which the housing market has faced various pressures, including economic uncertainties and shifts in buyer sentiment. The growth seen in 2025, while positive, is markedly less vigorous than the increases observed in previous years, indicating a potential stabilization in the market.
Breaking down the performance by flat types reveals varying trends across the different categories. Two-room and three-room flats recorded increases of 1.4% and 2.1%, respectively, indicating a steady demand for smaller units. This may be reflective of changing demographics or the preferences of first-time buyers who may be more inclined to purchase smaller, more affordable flats.
In contrast, four-room and five-room flats experienced more modest gains of 1.3% and 1.2%. This suggests that while there is still interest in larger flats, the growth in their prices is not as pronounced as that of the smaller units.
Interestingly, executive flats have shown a more significant quarter-on-quarter price increase of 3.8%, up from a previous gain of 1.5%. This surge could indicate a resurgence in interest for these larger units, possibly driven by families seeking more space amid changing living dynamics. The higher rate of increase for executive flats could also reflect a limited supply or heightened competition among buyers for these specific types of properties.
The modest growth in HDB resale flat prices raises questions about the future direction of the market. With the ongoing trend of slowing price increases, stakeholders, including potential buyers and investors, may need to recalibrate their expectations. The current dynamics suggest that while the market is still in a growth phase, the pace is becoming more measured.
NEW CONDO LAUNCH: SPRINGLEAF MODERN
Springleaf Modern is an exciting new condo development offering a variety of unit types and sizes to suit the needs of homeowners and investors.
Located in the Springleaf area, it boasts proximity to essential amenities such as schools and parks. The project is set to launch soon, providing potential buyers with a valuable opportunity in the current property market.
Interested buyers can explore the Springleaf Modern Floor Plan and pricing details through the project information available on their website.
View Springleaf Modern Showflat & Get VVIP Discount. Register or contact 6100 8822 to book showflat appointment.
News Source: Edgeprop
Images are not actual photos. For illustration purpose only.