HDB resale prices rise 1.8% MoM and 10% YoY in September

Prices increased across all room types.

HDB resale prices rose in September 2024 by 1.8% MoM and 10% YoY, data from 99.co and SRX showed.

Based on the report, resale prices increased by 1% MoM for non-mature estates and by 2.3% MoM for mature estates.

Prices increased across all room types, led by 3-room and 4-room units, both of which recorded a 2.3% MoM increase.

3-room, 4-room, and 5-room prices increased by  0.8% MoM, 0.2% MoM, and 0.8% MoM, respectively.

Year-on-year, prices for all room types and estates increased.

Across room types, 4-Room led with an 11% YoY increase in prices, followed by 3-Room (9.7% YoY), 5-Room (8.6% YoY), and Executive (8.2%. YoY).

Meanwhile, mature and non-mature estates saw YoY increases of 9.2% and 10.3%, respectively.