Will HDB prices increase for 2025?

Yes, HDB resale prices are expected to increase in 2025, although at a slower pace compared to the previous year. Analysts forecast that HDB resale prices will rise between 3.5% and 8% in 2025, which is lower than the 9.7% growth seen in 2024.

Factors influencing this slower growth include the launch of more Build-to-Order (BTO) flats with shorter waiting times, which may divert demand away from the resale market. Additionally, the largest Sale of Balance Flats (SBF) exercise, with over 5,500 flats, some of which are already completed, will provide an attractive alternative for home seekers with immediate housing needs.

Despite these factors, robust demand and limited resale supply are expected to maintain a stable and sustainable market environment, supporting modest price growth.