by OrangeTee & Tie Pte Ltd.

HDB resale prices surged 12.5% in 2021, biggest rise since 2010: Flash data

HDB Quarterly Data

HDB Flash Estimates

Prices of resale HDB flats have increased 12.5 per cent for the whole year of 2021, as shown by flash estimates on Monday.

The 12.5 per cent full-year price increase is also the highest annual growth recorded since 2010 when prices grew by 14.1 per cent, noted Ms Christine Sun, senior vice-president of research and analytics at real estate firm OrangeTee & Tie.

Ms Sun said the HDB resale market in 2021 has "exceeded expectations in terms of price growth and sales volume".

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