# Fall in younger HDB resale deals as buyers flock to BTO flats: Realion - **Source:** EdgeProp Singapore - **Published:** 2026-07-07T06:06:54.000Z - **Author:** Atiqah Mokhtar - **Original:** https://www.edgeprop.sg/property-news/fall-younger-hdb-resale-deals-buyers-flock-bto-flats-realion - **Topics:** HDB & Public Housing, New Launches, Transactions & Deals ## Featured rationale The decline signals buyers are shifting toward cheaper BTO supply, potentially restraining demand and price growth for younger resale flats after their three-year average price rose 21.2%. ## AI summary Transactions of HDB resale flats under ten years old fell 21.8% y-o-y to 1,222 units in 2Q2026, the lowest second-quarter volume in six years. ## Original article Demand for younger resale flats declined last quarter, as buyers turned to more affordable Build-to-Order (BTO) flats, according to research by Realion (OrangeTee & ETC) Group. In a July research report on the HDB resale and BTO market, the firm highlights that transactions involving resale flats less than ten years old dropped to 1,222 units in 2Q2026. This is 21.8% lower y-o-y, and also represents the smallest second quarter transaction volume in six years. The last low was during the pandemic, when 836 younger resale flats were sold in 2Q2020. In addition, younger resale flat deals made up 19.7% of total resale transactions in 2Q2026, the smallest since 2Q2019’s 18.9%. For the first six months of 2026, younger resale flats transacted totalled 2,322, less than half of the 5,459 units sold in 2025. Read also: Through the lens: A sequence of beginnings in Tengah's nascent estates The fall in younger resale flat transactions comes amid a rising supply of BTO flats, with many being launched in prime and city fringe areas. In June, 6,952 BTO units were launched for sale across towns including Bishan, Bukit Merah and Ang Mo Kio. The decline may also reflect a broader trend. Realion points out that the proportion of younger flat transactions has been on a downward trajectory that corresponds to changes to the HDB housing framework. Following the introduction of the Prime Location Housing model in 2021, younger resale flats made up 28.2% of total resale transactions in 2Q2023, with the figure declining to 26.2% in 2Q2024. After HDB introduced the Plus and Prime flat categories in October 2024, the figure further dipped to 22.9% in 2Q2025, then to 19.7% in 2Q2026. The declining market share indicates shrinking demand for younger resale flats, says Realion. At the same time, increasing prices of younger resale flats may have also deterred buyers. The average price of younger resale flats jumped 21.2% over the last three years, going from $619,970 in 2Q2023 to $751,361 in 2Q2026. In comparison, BTO flats launched in June offered buyers more affordable options. For example, a four-room flat at Lakeview Cascadia in Bishan started from $534,000 (excluding housing grants), while a similar flat at Sembawang Brook started from $302,000, Realion adds. Against this backdrop, the HDB resale market saw prices decline for a second consecutive quarter in 2026. Resale prices fell 0.3% in 2Q2026, based on HDB flash estimates. However, overall resale volume increased marginally, rising 2.6% q-o-q to 6,203 units. Read also: This MacPherson BTO flat was fully designed and furnished by Ikea’s new home design service ## Chinese translation > Translation model: grok ### Realion：买家涌向BTO组屋，较新HDB转售成交下滑 楼龄不足十年的转售组屋成交在2026年第二季降至1,222个单位，为六年来第二季最低水平。 据Realion（OrangeTee & ETC）集团研究，上季较新转售组屋需求下滑，买家转向更可负担的预购组屋（BTO）。 该公司在7月关于HDB转售与BTO市场的研究报告中指出，楼龄不足十年的转售组屋成交在2026年第二季降至1,222个单位，按年下跌21.8%，亦是六年来第二季成交量最低水平。上一次低点出现在疫情期间，2020年第二季仅售出836个较新转售单位。 此外，较新转售组屋成交占2026年第二季全部转售交易的19.7%，为自2019年第二季18.9%以来最低。2026年前六个月，较新转售组屋成交合计2,322个，不足2025年全年5,459个的一半。 较新转售组屋成交下滑，适逢BTO供应上升，且不少位于优质与城市边缘地段。6月，共有6,952个BTO单位在包括碧山、红山与宏茂桥等市镇推出销售。 下滑或亦反映更广泛趋势。Realion指出，较新组屋成交占比呈下行轨迹，与HDB住房框架调整相呼应。 2021年推出黄金地段组屋（Prime Location Housing）模式后，较新转售组屋在2023年第二季占全部转售交易的28.2%，2024年第二季降至26.2%。2024年10月HDB引入Plus与Prime组屋类别后，占比进一步降至2025年第二季的22.9%，再降至2026年第二季的19.7%。 Realion称，市场份额下降表明较新转售组屋需求收缩。与此同时，较新转售组屋价格上涨亦可能令买家却步。过去三年，较新转售组屋均价跃升21.2%，由2023年第二季的619,970新元升至2026年第二季的751,361新元。 相比之下，6月推出的BTO为买家提供了更可负担选择。例如，碧山Lakeview Cascadia的四房式起价534,000新元（不含住房津贴），三巴旺Sembawang Brook同类单位起价302,000新元，Realion补充道。 在此背景下，HDB转售市场在2026年连续第二个季度录得价格下跌。根据HDB初步估算，2026年第二季转售价格下跌0.3%。不过，整体转售成交量按季微升2.6%至6,203个单位。