# Mind the gap opening up as HDB resale market slows while million-dollar sales spike

- **Source:** The Business Times
- **Published:** 2026-07-27T04:15:45.000Z
- **Author:** Leslie Yee
- **Original:** https://www.businesstimes.com.sg/opinion-features/mind-gap-opening-hdb-resale-market-slows-while-million-dollar-sales-spike
- **Topics:** HDB & Public Housing, Transactions & Deals

## Featured rationale

Greater BTO supply, including flats with shorter waiting times, may continue moderating resale demand and broad-based price growth despite strength in premium transactions.

## AI summary

The HDB Resale Price Index fell 0.3 per cent quarter on quarter in Q2, following a 0.1 per cent decline in Q1.

## Original article

[SINGAPORE] According to the Housing & Development Board’s (HDB) latest data, resale flat prices fell in the second quarter, with the HDB Resale Price Index moderating by 0.3 per cent quarter on quarter following a 0.1 per cent quarterly decline in Q1.

Resale volume in Q2 was up slightly versus that in the first quarter, but was down on a year-on-year basis.

An increase in the supply of HDB Build-To-Order (BTO) flats, including units with shorter waiting times, has likely helped moderate demand for resale units.

## Chinese translation

> Translation model: grok

### 注意差距扩大：HDB转售市场放缓，百万新元成交却激增

随着价格整体趋缓而高端板块走强，需留意不平等与负向财富效应

【新加坡】根据建屋发展局（HDB）最新数据，转售组屋价格在第二季下跌，HDB转售价格指数在第一季环比下降0.1%后，第二季进一步回落0.3%。

第二季转售成交量较第一季略有上升，但同比下降。

HDB预购组屋（BTO）供应增加——包括等候时间较短的单位——很可能有助于缓和转售单位的需求。