The HDB Resale Price Index (RPI) fell 0.1% q-o-q in 1Q2026, the first quarterly decline since 2Q2019, nearly seven years ago. This follows a flat reading in 4Q2025 of 0.0% in 4Q2025, and it is the end of a consecutive streak of quarterly price growth in the public housing market since the end of the Covid-19 pandemic. The latest pricing statistics, released by HDB on April 24, suggests the HDB resale market is settling into a more measured pace after a prolonged period of market activity that drove up overall prices. But a closer look at the latest figures suggests that the market is moving in very different directions depending on which estate, which flat type, and which price segment you are looking at. Not a uniform decline in prices The 0.1% dip is an aggregate of mixed outcomes across flat types. Based on resale transaction data compiled by Realion Group, average prices fell for one-room flats (-4.4% q-o-q), executive flats (-2.9%), and five-room flats (-0.7%)....