Resale flat prices have been at a high since Covid, but perhaps they’re finally beginning to level off. And while owners have been cheering their strong appreciation, resale flat prices are quite the nightmare for first-time home buyers or couples who can’t wait for long BTO construction periods. In the interest of this, we’ve compiled a list of places where resale flat prices are showing signs of dipping.
Data collected: We looked at HDB transactions from April 2023 and calculated their respective $PSF values. We then compared their $PSF values and calculated their increase or decrease, averaged it out and ranked them.
Resale flats that are 10 years old or newer
| Estate |
2023-05 |
2023-06 |
2023-07 |
2023-08 |
2023-09 |
2023-10 |
2023-11 |
2023-12 |
2024-01 |
2024-02 |
2024-03 |
2024-04 |
Average |
| SEMBAWANG |
-2.2% |
0.8% |
-0.5% |
0.3% |
0.4% |
0.8% |
2.1% |
-1.3% |
-0.6% |
0.3% |
2.2% |
-5.6% |
-0.3% |
| BUKIT BATOK |
0.9% |
4.4% |
-4.2% |
-0.1% |
-0.8% |
1.5% |
-2.0% |
-2.3% |
1.5% |
1.4% |
1.3% |
-3.7% |
-0.2% |
| YISHUN |
-0.1% |
-0.1% |
0.0% |
1.8% |
-1.4% |
0.8% |
-0.5% |
-0.1% |
1.3% |
0.0 |
|
|
|
...
