What is the year-on-year growth rate percentage of million-dollar HDB flats?

Million-dollar HDB resale flats achieved a 54% year-on-year growth rate in 2025, with 1,594 units transacted as of early January 2026, compared to approximately 1,035 units in 2024.

This significant growth reflects strong demand in the million-dollar segment despite overall HDB resale market softness, where transaction volumes declined. The appreciation was particularly notable in 4Q2025, where million-dollar flat prices gained 2.3% during the quarter, even as general price growth slowed across the broader resale market.

Four-room flats led million-dollar transactions at 42% of such sales, followed by five-room and executive flats. The majority of these deals were concentrated in mature estates like Toa Payoh, Bukit Merah, and Queenstown, with over 90% of million-dollar transactions occurring in such prime locations.