Question 1

How do I check HDB resale flat prices in Singapore?

Accepted Answer

You can check actual transaction prices via HDB's e-services portal, data.gov.sg, or tools like this one that pull live data from data.gov.sg. Filter by town and flat type to see recent transactions including block, street, storey range, floor area, and resale price. This gives you real market data rather than asking prices.

Question 2

What is a good price per sqft for HDB flats in Singapore?

Accepted Answer

HDB resale price per sqft varies significantly by location, age, and flat type. As of 2024–2025: mature estates (Queenstown, Toa Payoh, Bishan) typically command S$700–1,000+ psf. Non-mature estates (Woodlands, Jurong West, Sengkang) are typically S$450–650 psf. High-floor, well-renovated units in sought-after estates can exceed S$1,000 psf.

Question 3

Why are HDB resale prices so high in Singapore?

Accepted Answer

HDB resale prices have risen due to: tight BTO supply leading more buyers to the resale market, pandemic-era demand spike, rising construction costs, low interest rates (historically), and genuine demand from PRs who cannot buy BTO flats. Additionally, million-dollar HDB transactions in prime locations set new benchmarks that affect surrounding prices.

Question 4

What is the difference between HDB resale price and valuation?

Accepted Answer

The resale price is the agreed transacted price between buyer and seller. HDB's valuation is an independent assessment of the flat's market value. If you pay above valuation (Cash Over Valuation or COV), that difference must be paid in cash — it cannot be covered by HDB loan or CPF. In a hot market, COV can be S$10,000–50,000+.

Question 5

How much cash do I need for an HDB resale flat?

Accepted Answer

Minimum cash requirement for HDB resale: at least 5% of purchase price must be in cash (if using bank loan) or 10% cash + CPF (if using HDB loan). Additional cash needed for: COV (if price exceeds valuation), legal fees (~S$1,500–3,000), agent commission (1–2%), and renovation. Budget at least S$50,000–100,000 in cash on top of CPF for most resale purchases.

HDB Resale Price Checker Singapore 2026

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