# Singapore HDB resale prices dip 0.3% in Q2

- **Source:** Real Estate Asia
- **Published:** 2026-07-27T23:01:41.000Z
- **Author:** Staff Reporter
- **Original:** https://realestateasia.com/residential/news/singapore-hdb-resale-prices-dip-03-in-q2
- **Topics:** HDB & Public Housing, Transactions & Deals

## Featured rationale

Active transactions alongside a second quarterly price decline signal a more balanced market, although newly eligible MOP flats may keep resale volumes healthy.

## AI summary

Singapore’s HDB Resale Price Index fell 0.3% quarter-on-quarter in Q2 2026, while transactions increased 1.8% to 6,396 units.

## Original article

This is the second straight quarter of price easing.

Singapore's HDB resale market continued to transition towards price stability in the second quarter of 2026, with resale prices falling for a second consecutive quarter even as transaction volumes increased, according to PropNex's analysis of Housing and Development Board (HDB) data.

The HDB Resale Price Index slipped 0.3% quarter-on-quarter in Q2, following a 0.1% decline in the first quarter. PropNex noted that resale prices were down a cumulative 0.4% in the first half of 2026, compared with 0.3% growth in the second half of 2025.

HDB resale transactions rose 1.8% quarter-on-quarter to 6,396 units, suggesting buyers remained active despite softer prices. PropNex Head of Research and Content Wong Siew Ying said the combination of stable demand and easing prices reflects a gradual shift from strong price appreciation towards a more balanced market.

According to PropNex, recently completed minimum occupation period (MOP) flats helped support activity. Flats with at least 94 years of remaining lease accounted for 5.9% of resale transactions in Q2, up from 4.5% in the previous quarter, with Tampines, Bukit Batok and Punggol contributing around 58% of such sales.

The consultancy also highlighted a new quarterly record of 491 HDB resale flats changing hands for at least $1 million, surpassing the previous high of 480 units recorded in Q3 2025. As of 23 July, 1,050 million-dollar resale flats had been sold in 2026, putting the market on track to match or exceed last year's record.

Looking ahead, PropNex expects HDB resale activity to remain healthy as more flats reach their five-year MOP. The consultancy forecasts 26,000 to 27,000 resale transactions in 2026, while projecting resale prices to remain broadly stable and potentially rise by up to 1% over the full year.

## Chinese translation

> Translation model: grok

### 新加坡HDB转售价格第二季下跌0.3%

新加坡HDB转售市场在2026年第二季继续向价格企稳过渡，转售价格连续第二季下跌

这是价格连续第二个季度回落。

据浩纳（PropNex）对建屋发展局（HDB）数据的分析，新加坡HDB转售市场在2026年第二季继续向价格企稳过渡，转售价格连续第二季下跌，但成交量有所增加。

HDB转售价格指数在第二季环比下滑0.3%，此前第一季下降0.1%。PropNex指出，2026年上半年转售价格累计下跌0.4%，而2025年下半年则录得0.3%的增长。

HDB转售成交量环比上升1.8%至6,396个单位，显示尽管价格偏软，买家仍保持活跃。PropNex研究与内容主管Wong Siew Ying表示，需求稳定与价格回落并存，反映出市场正从强劲升值逐步转向更为平衡的状态。

据PropNex称，近期满最低居住年限（MOP）的组屋有助于支撑成交。剩余租约至少94年的组屋占第二季转售成交的5.9%，高于上季的4.5%，其中淡滨尼（Tampines）、武吉巴督（Bukit Batok）与榜鹅（Punggol）约占此类成交的58%。

该咨询机构还指出，第二季共有491个HDB转售单位以至少100万新元成交，创下季度新高，超过2025年第三季录得的480个单位的前高。截至7月23日，2026年已售出1,050个百万新元转售组屋，市场有望追平或超越去年纪录。

展望未来，PropNex预计，随着更多组屋达到五年MOP，HDB转售活动将保持健康。该机构预测2026年转售成交量约为26,000至27,000宗，并预计转售价格大体稳定，全年或最多上升1%。