For anyone considering buying or selling a flat, HDB resale price is an essential part of understanding the property landscape. Factors influencing resale prices include location (mature vs non-mature estates), flat size (3-room, 4-room, etc.), renovation quality, and proximity to MRT or schools.
Recent data shows that resale prices are at or near all-time highs in mature areas like Bishan, Queenstown, and Toa Payoh, while newer towns remain more affordable. Executive flats and 5-room units typically fetch higher prices, especially if well-renovated or located on high floors.
Anyone can view past transaction prices for specific addresses on HDB’s official portal to gauge the current market. click here Property agents and portals like PropertyGuru and SRX also track price changes, median values, and trends over time.
It’s important for buyers to keep up with announcements as they can influence both demand and price movement.
If you’re planning a transaction, it pays to research recent deals in your chosen area and consult reliable sources for guidance.
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