What to expect from Singapore HDB resale prices for the rest of 2026
Rising MOP supply and continued BTO and SBF availability may stabilise overall resale prices, despite stronger demand for selected larger and premium flats.
HDB flats reaching their Minimum Occupation Period are forecast to rise from 6,973 units in 2025 to 13,484 in 2026 and 18,939 in 2027.
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A slight price rebound is expected for certain regions or flat models in the upcoming months.
Demand for larger HDB resale flats could strengthen in the coming months as private homeowners who have sold their properties look to right-size, according to Realion (OrangeTee & ETC) Group.
While resale prices edged down in Q3, Realion Chief Researcher & Strategist Christine Sun said certain regions and flat models could see a modest price rebound. Private homeowners who have sold their properties are likely to have greater purchasing power and may seek larger resale flats for their space and value, she said.
Realion expects this to support demand and prices for larger flats, while the number of million-dollar HDB resale transactions could increase further.
However, Sun said the expected increase in premium-flat transactions is unlikely to drive a significant rise in overall resale prices. Million-dollar transactions still represent a small share of the wider resale market, meaning any price increases are likely to remain concentrated within that segment.
Rising supply to temper prices
Realion expects ample housing supply to help keep HDB resale prices stable over the longer term. The number of flats reaching their Minimum Occupation Period (MOP) is forecast to increase from 6,973 units in 2025 to 13,484 units in 2026 and 18,939 units in 2027.
The number of Sale of Balance Flats (SBF) and Build-To-Order (BTO) launches is also projected to remain steady next year, providing additional housing options for buyers.
The resale market could also face competition from the higher income ceiling introduced in August 2026. The ceiling was raised to S$16,000 for couples and families and S$8,000 for singles.
Realion said the higher thresholds could allow more households to qualify for larger or more expensive BTO flats, potentially diverting some demand away from larger and higher-priced resale flats. Previously, some of these buyers may have been unable to purchase directly from the BTO market because of the lower income ceiling.
Overall, Realion expects increased demand for selected larger and premium resale flats to coexist with broader price stability, as rising MOP supply and continued BTO and SBF availability provide a counterweight to demand.