S4EP44: Singapore HDB Resale Increase in Million-Dollar Deals

The provided materials detail a marginal decline in HDB resale prices during the first quarter of 2026, marking the first such dip in seven years. Despite this overall softening, the market shows signs of a growing divide, as high-value transactions for premium flats continued to rise during the same period. While average costs fell in several major towns due to increased supply and shorter construction times, sought-after locations witnessed a surge in million-dollar deals. Experts suggest that government efforts to boost housing inventory are gradually moderating the market, though demand for luxury units remains robust. Consequently, the data indicates that public housing affordability varies significantly based on specific locations and unit types. Although prices are dipping on a broad scale, the downside risks for buyers remain uneven across the fragmented property landscape.