What is the current market trend for a 5-room, 1302 sq ft resale unit in Geylang, District 14

As of the latest updates, the resale market for HDB flats, including 5-room units, has shown some trends that might be relevant to the Geylang district.

- In recent quarters, there has been a decrease in the transaction volume for larger resale flats, including five-room and executive flats, with a 22.2% drop in the last quarter of the previous year.
- However, HDB resale prices are projected to increase by 4% to 6% in 2025, according to OrangeTee.

For the Geylang district specifically, it is one of the areas known for having relatively affordable HDB resale prices. While the overall market trend might be slightly softer due to the decrease in transaction volume for larger flats, the area's affordability could still attract buyers.

To get a more precise view of the current market conditions and prices for 5-room HDB flats in the Geylang district, you can use EdgeProp's tools such as the Research tool, which provides data on past transactions and price trends, or the market trends tracker to access historical property data and sales volume.