S4EP26: Singapore Housing Market Trends and HDB Resale Outlook 2025-2026

The provided sources report that Singapore’s HDB resale market experienced a significant cooling phase in 2025, with price growth slowing to 2.9% and transaction volumes hitting a six-year low. This moderation is attributed to a surge in housing supply, specifically from fresh Build-To-Order launches and a record number of flats reaching their Minimum Occupation Period. While million-dollar transactions persist in mature estates, analysts predict that increased competition and government cooling measures will keep future price increases aligned with income growth. Strategic advice for homeowners suggests that timing an upgrade is critical, as rising interest in private property and potential price stagnation may erode future purchasing power. Furthermore, the texts highlight the financial impact of Cash-Over-Valuation, urging buyers to use data-driven research to avoid overpaying for overvalued units. Overall, the outlook for 2026 suggests a stabilised market where healthy supply levels help maintain long-term housing affordability.