# 18,425 HDB Flats Reach MOP Across 22 Projects in 2026

- **Source:** Stacked Homes
- **Published:** 2026-08-24T12:00:33.000Z
- **Author:** Ryan J. Ong
- **Original:** https://stackedhomes.com/18425-hdb-flats-could-reach-mop-2026-where-buyers-will-have-most-choice/
- **Topics:** HDB & Public Housing, Transactions & Deals

## Featured rationale

The rolling supply wave may broaden buyer choice and sustain seller competition into 2027, potentially restraining resale price growth while scarce central five-room flats remain resilient.

## AI summary

An estimated 18,425 flats across 22 HDB projects could reach MOP in 2026, including 4,475 two-room flats and 2,883 flats in Northshore.

## Original article

Over eight months ago, we identified the HDB projects that would be entering the resale market in 2026. As we move closer to the end of the third quarter of 2026, it’s about time we revisit this list of eligible resale flats.

The size of the incoming supply of resale eligible flats is certainly significant. When we take into account the 22 projects completed in 2021, an estimated 18,425 flats could reach their Minimum Occupation Period (MOP) in 2026.

To be clear, this housing supply isn’t going to enter the public housing market all at once, and of course not every flat will be put up for sale just because they hit their MOP. But we can see the effect of an increase in resale supply starting to take root this year. In the linked article, we cover how flats with at least 94 years remaining on their leases (a useful proxy for newly MOP-ed units) accounted for 5.9% of resale transactions in the second quarter of this year. This was up 4.5% q-o-q compared to 1Q2026.

This uptick in sales coincides with the slowing price growth in the HDB resale market, which probably comes as a relief to aspiring home buyers. Overall, this year has seen HDB resale prices perform mostly flat: they were down 0.1% q-o-q in 1Q2026 and slipped by another 0.3% q-o-q in 2Q2026.

These are the first two consecutive quarterly declines in the resale HDB market since 2019, and it suggests that the rapid price increases that characterised the post-Covid 19 era are behind us.

With that in mind, which BTO projects are contributing to the new housing supply, and what has actually happened since we highlighted them last year?

Project | Completion year | Estimated MOP | Studio | 2 Room | 3 Room | 4 Room | 5 Room | 3Gen | Total

Alkaff Oasis | 2021 | 2026 | 218 | 340 | 800 | 165 | 71 | 1594

Bedok Beacon | 2021 | 2026 | 200 | 300 | 500

Bedok South Horizon | 2021 | 2026 | 209 | 457 | 274 | 940

Casa Spring @ Yishun | 2021 | 2026 | 429 | 312 | 180 | 48 | 969

Dakota Breeze | 2021 | 2026 | 166 | 117 | 671 | 954

Fernvale Acres | 2021 | 2026 | 198 | 132 | 330

Fernvale Glades | 2021 | 2026 | 533 | 104 | 390 | 221 | 52 | 1300

Forest Spring @ Yishun | 2021 | 2026 | 320 | 85 | 251 | 100 | 756

Hougang RiverCourt | 2021 | 2026 | 155 | 83 | 47 | 285

Kallang Residences | 2021 | 2026 | 85 | 158 | 243

Matilda Sundeck | 2021 | 2026 | 295 | 195 | 490

Northshore Cove | 2021 | 2026 | 310 | 114 | 207 | 170 | 801

Northshore Edge | 2021 | 2026 | 192 | 196 | 388

Pine Vista | 2021 | 2026 | 136 | 183 | 319

Senja Valley | 2021 | 2026 | 400 | 105 | 205 | 79 | 789

Tampines GreenDew | 2021 | 2026 | 84 | 334 | 308 | 726

Tampines GreenFoliage | 2021 | 2026 | 310 | 232 | 542

Tampines GreenVerge | 2021 | 2026 | 244 | 1106 | 612 | 60 | 2022

Waterfront I & II @ Northshore | 2021 | 2026 | 362 | 231 | 757 | 247 | 97 | 1694

Waterway Sunrise II | 2021 | 2026 | 403 | 95 | 516 | 1014

West Scape @ Bukit Batok | 2021 | 2026 | 504 | 118 | 340 | 178 | 1140

Woodlands Glade | 2021 | 2026 | 285 | 90 | 164 | 90 | 629

Here are some noteworthy observations we can take away, based on the data compiled here by Stacked.

1. The scarcity of larger-sized and centrally located flats means their prices may still rise despite the overall supply situation

The increase in resale-eligible flats this year doesn’t apply evenly across all flat types or locations. In particular, the supply of five-room flats remains limited in highly desirable central and city-fringe locations.

For example, Dakota Breeze, Kallang Residences and Pine Vista have no five-room flats at all. Alkaff Oasis does, but there are just 165 within the 1,594-unit project. Buyers looking for a recently MOP-ed five-room flat in these locations will therefore likely continue to face limited choices.

It’s possible that HDB resale prices in these locations will not slow down, as sellers don’t face the same degree of competition as other HDB estates. As record-setting transactions set new benchmarks and seller expectations, the price of five-room flats in these sought-after areas may continue to significantly appreciate – regardless of the broad trend shaping the wider resale market.

2. Northshore in Punggol may see the most direct competition between sellers

The spotlight will be on a handful of eye-catching BTO projects in Northshore. The four projects – Northshore Cove, Northshore Edge and Waterfront I & II @ Northshore – collectively house 2,883 flats.

Those relatively developments make up the new waterfront neighbourhood in Punggol Coast, and the flats will all reach their MOP within a few months of each other. We covered these BTO projects in the past in this article here if you want to know more details.

These four BTO projects, and the resale eligible flats there, will give buyers house hunting in that neighbourhood with several close substitutes of comparable age and location. That’s good news for buyers looking for a relatively new flat in this part of Punggol, as opposed to being limited to one or two listings. There’s a good chance that buyers will have a good range of choices all across the wider Northshore cluster.

While newer flats typically come with a hefty price premium, there may be a balancing factor here. If many owners start listing their units for sale over the coming months, sellers may find it harder to maintain their ambitious asking prices.

3. Buyers who don’t need a larger flat will have plenty of two-room options

Based on the list compiled by Stacked, there are 4,475 units of two-room flats which will hit their MOP this year. This makes it the second-largest category of newly available resale units this year, with four-room flats making up the majority (as they always have for decades).

It is worth taking note, especially among buyers who do not need a larger family home, such as singles, retirees or couples purchasing on a single income. These flats provide a lower-quantum route into home ownership. And for those in urgent need, this may be your signal to check out available prices and listings.

There is the caveat that the supply of new MOP two-room flats is spread across several areas, including Yishun, Sengkang, Punggol, Bukit Batok and Woodlands. But we reckon that if you’re among the buyers looking for a new home in this category, you’re one of the winners from the upcoming supply situation.

The full impact of this bumper crop of MOP flats will likely extend beyond 2026

The data indicates that this is a rolling supply wave, rather than a one-off event. A BTO development that was completed in 2021, doesn’t mean each household collected its keys at the same time.

MOP dates can still differ between blocks and individual owners. Thus, some BTO projects may continue to produce a good number of resale listings as we approach the end of 2026 and into 2027.

Moreover, while there are some owners who sell their flat immediately after it hits its MOP, a good number of owners tend to hang back to gauge buying interest and to see how the resale price settles.

Even HDB upgraders may need time to secure replacement homes and make the necessary housing and financial preparations. Thus, their flats may emerge on the resale market gradually over the following months or years. So, the effect of this bumper crop of MOP flats could linger for several quarters.

This means that aspiring buyers on the hunt for a newly MOP flat will enjoy a growing line up of choices over the next year or so, while sellers may face sustained competition. This could continue to restrain rising resale flat prices beyond the near term.

So, if you aren’t in a strong position to secure a resale flat this year, we think that there’s no need to panic. Even setting aside the known number of MOP flats hitting the market in 2026, looking ahead, we do see other large cohorts of flats reaching their MOP in 2027 and 2028. For example, industry projections suggest that around 18,000 flats could reach their MOP in 2027, followed by another 21,000 flats in 2028.

## Chinese translation

> Translation model: openai_codex_cli

### 2026 年 22 个项目的 18,425 套 HDB 组屋将届满 MOP

2026 年将有 22 个 HDB 组屋项目届满 MOP，释放 18,425 套新近届满 MOP 的组屋进入转售市场。了解哪些市镇拥有最多五房式和二房式选择，以及哪些地区的价格仍具竞争力。

八个多月前，我们梳理了将在 2026 年进入转售市场的 HDB 组屋项目。随着我们接近 2026 年第三季度末，现在也差不多是时候重新审视这份符合转售资格组屋名单了。

即将进入市场、符合转售资格的组屋供应规模确实相当可观。若计入 2021 年竣工的 22 个项目，估计共有 18,425 套组屋可能在 2026 年达到最低居住年限（MOP）。

需要说明的是，这批住房供应不会一次性全部进入公共住房市场，当然也不是每一套组屋都会仅仅因为达到 MOP 就挂牌出售。但我们可以看到，转售供应增加的影响今年已开始显现。在链接文章中，我们讨论了剩余租期至少 94 年的组屋（可作为新近届满 MOP 单位的有用替代指标）在今年第二季度占转售交易的 5.9%。这较 2026 年第一季度环比上升 4.5%。

销售回升的同时，HDB 组屋转售市场价格增长正在放缓，这对有意置业的买家来说或许是一种宽慰。总体而言，今年 HDB 组屋转售价表现大多持平：2026 年第一季度环比下跌 0.1%，第二季度又环比下滑 0.3%。

这是自 2019 年以来 HDB 组屋转售市场首次连续两个季度下跌，也表明后 Covid 19 时代所呈现的快速涨价或已成为过去。

在此背景下，哪些 BTO 项目正在贡献新的住房供应，而自我们去年重点介绍它们以来，实际又发生了什么？

项目 | 竣工年份 | 预计 MOP | Studio | 二房式 | 三房式 | 四房式 | 五房式 | 3Gen | 总计

Alkaff Oasis | 2021 | 2026 | 218 | 340 | 800 | 165 | 71 | 1594

Bedok Beacon | 2021 | 2026 | 200 | 300 | 500

Bedok South Horizon | 2021 | 2026 | 209 | 457 | 274 | 940

Casa Spring @ Yishun | 2021 | 2026 | 429 | 312 | 180 | 48 | 969

Dakota Breeze | 2021 | 2026 | 166 | 117 | 671 | 954

Fernvale Acres | 2021 | 2026 | 198 | 132 | 330

Fernvale Glades | 2021 | 2026 | 533 | 104 | 390 | 221 | 52 | 1300

Forest Spring @ Yishun | 2021 | 2026 | 320 | 85 | 251 | 100 | 756

Hougang RiverCourt | 2021 | 2026 | 155 | 83 | 47 | 285

Kallang Residences | 2021 | 2026 | 85 | 158 | 243

Matilda Sundeck | 2021 | 2026 | 295 | 195 | 490

Northshore Cove | 2021 | 2026 | 310 | 114 | 207 | 170 | 801

Northshore Edge | 2021 | 2026 | 192 | 196 | 388

Pine Vista | 2021 | 2026 | 136 | 183 | 319

Senja Valley | 2021 | 2026 | 400 | 105 | 205 | 79 | 789

Tampines GreenDew | 2021 | 2026 | 84 | 334 | 308 | 726

Tampines GreenFoliage | 2021 | 2026 | 310 | 232 | 542

Tampines GreenVerge | 2021 | 2026 | 244 | 1106 | 612 | 60 | 2022

Waterfront I & II @ Northshore | 2021 | 2026 | 362 | 231 | 757 | 247 | 97 | 1694

Waterway Sunrise II | 2021 | 2026 | 403 | 95 | 516 | 1014

West Scape @ Bukit Batok | 2021 | 2026 | 504 | 118 | 340 | 178 | 1140

Woodlands Glade | 2021 | 2026 | 285 | 90 | 164 | 90 | 629

以下是我们根据 Stacked 在此汇编的数据可得出的一些值得注意的观察。

1. 较大户型和位于中心地段的组屋稀缺，意味着即使在整体供应环境下，其价格仍可能上涨

今年符合转售资格组屋数量的增加，并非均匀适用于所有组屋类型或地点。尤其是在备受青睐的中心区和城市边缘地段，五房式组屋的供应仍然有限。

例如，Dakota Breeze、Kallang Residences 和 Pine Vista 完全没有五房式组屋。Alkaff Oasis 有五房式，但在 1,594 个单位的项目中仅有 165 套。因此，在这些地点寻找新近届满 MOP 五房式组屋的买家，可能仍将继续面对有限选择。

这些地点的 HDB 组屋转售价格有可能不会放缓，因为卖家面对的竞争程度不像其他 HDB 组屋区那么高。随着创纪录交易不断设立新标杆并影响卖家预期，这些热门地区五房式组屋的价格可能继续显著升值，不论更广泛转售市场的整体趋势如何。

2. Punggol 的 Northshore 可能出现卖家之间最直接的竞争

焦点将落在 Northshore 若干引人注目的 BTO 项目上。四个项目，即 Northshore Cove、Northshore Edge 和 Waterfront I & II @ Northshore，合计拥有 2,883 套组屋。

这些相对较新的发展项目构成了 Punggol Coast 的新滨水社区，而这些组屋都将在相隔数月内达到 MOP。如果你想了解更多细节，我们过去曾在这篇文章中介绍过这些 BTO 项目。

这四个 BTO 项目及其符合转售资格的组屋，将为在该社区寻找住房的买家提供多个楼龄和地点相近的替代选择。对于希望在 Punggol 这一带购买相对较新组屋的买家来说，这是好消息，因为他们不再局限于一两个挂牌单位。买家很有机会在更广泛的 Northshore 组团内拥有相当丰富的选择。

虽然较新的组屋通常带有高昂的价格溢价，但这里可能存在一个平衡因素。如果许多业主在未来数月开始挂牌出售单位，卖家可能会发现较难维持其进取的叫价。

3. 不需要较大组屋的买家将有大量二房式选择

根据 Stacked 汇编的名单，今年将达到 MOP 的二房式组屋共有 4,475 套。这使其成为今年新近可供应转售单位中的第二大类别，而四房式组屋仍占多数（几十年来一直如此）。

这值得留意，尤其是对于不需要较大家庭住房的买家，例如单身人士、退休人士，或以单一收入购房的夫妇。这些组屋提供了一个总价较低的置业途径。而对于有迫切需要的人来说，这或许是你查看可售价格和挂牌单位的信号。

需要注意的是，新近届满 MOP 的二房式组屋供应分布在多个地区，包括 Yishun、Sengkang、Punggol、Bukit Batok 和 Woodlands。但我们认为，如果你属于正在寻找这一类别新居的买家之一，你将是即将到来的供应环境中的受益者之一。

这一大批 MOP 组屋的完整影响很可能延续至 2026 年之后

数据显示，这是一波滚动供应，而不是一次性事件。一个在 2021 年竣工的 BTO 发展项目，并不意味着每户家庭都在同一时间领取钥匙。

不同座楼和个别业主之间的 MOP 日期仍可能有所不同。因此，随着我们接近 2026 年底并进入 2027 年，一些 BTO 项目可能会继续产生相当数量的转售挂牌。

此外，虽然有些业主会在组屋一达到 MOP 后立即出售，但也有不少业主倾向于先观望买家兴趣，并观察转售价如何稳定下来。

即便是 HDB 升级换房者，也可能需要时间来购置替代住房，并做好必要的住房和财务准备。因此，他们的组屋可能会在之后数月或数年内逐步进入转售市场。所以，这一大批 MOP 组屋的影响可能会持续数个季度。

这意味着，正在寻找新近届满 MOP 组屋的潜在买家，在未来一年左右将享有越来越多的选择，而卖家可能面对持续竞争。这可能会在短期之后继续抑制转售组屋价格上涨。

因此，如果你今年并不处于有利位置去购置转售组屋，我们认为没有必要恐慌。即使撇开 2026 年将进入市场的已知 MOP 组屋数量，展望未来，我们确实看到 2027 年和 2028 年还有其他大批组屋达到 MOP。例如，行业预测显示，约 18,000 套组屋可能在 2027 年达到 MOP，随后 2028 年还有另外 21,000 套组屋。
