HDB resale prices fell – but a third of buyers still paid $800K+ last quarter. here’s why

Resale flat prices declined last quarter, but almost a third of buyers probably did not realize it. We saw a decline in resale flat prices for the first time in almost seven years in the first three months of this year. This comes amid a rise in the number of resale flats reaching their minimum occupation period (MOP) this year, as well as shorter construction times for some build-to-order (BTO) projects. But there were more insights in Realien (OrangeT and ETC) Group’s 1Q2026 HDB resale and BTO report, which came out earlier this week. The number of resale flats sold for at least $800,000 increased by 30.3% from 1,047 units in 4Q2025 to 1,364 units in 1Q2026, it said, citing transaction data from data.gov.sg. So, while overall HDB resale prices declined in the first three months of this year, if you were among the third of buyers paying (or competing with) $800,000 and above, the softening of price growth figures may seem isolated. …