{"id":87951,"date":"2025-07-28T20:19:05","date_gmt":"2025-07-28T12:19:05","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=87951"},"modified":"2025-07-28T20:19:05","modified_gmt":"2025-07-28T12:19:05","slug":"hdb-resale-q2-2025","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/hdb-resale-q2-2025\/","title":{"rendered":"HDB resale market in Q2 2025: Price growth slows but activity picks up"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><p>Singapore\u2019s <a href=\"https:\/\/www.hdb.gov.sg\/about-us\/news-and-publications\/press-releases\/2nd-quarter-2025-public-housing-data-and-upcoming-flat-supply\" target=\"_blank\" rel=\"noopener\">HDB resale market<\/a> posted a mixed performance in the second quarter of 2025. While prices continued to rise, the pace of growth slowed for the third consecutive quarter.<\/p>\n<p>At the same time, resale volumes gained traction, reflecting steady demand, particularly for larger flats and well-located units.<\/p>\n<p>Let\u2019s break down the key trends from the data.<\/p>\n<h2>Table of Contents<\/h2>\n<ol>\n<li><a href=\"#price-trends\">Price trends<\/a><\/li>\n<li><a href=\"#resale-volumes\">HDB resale: Q2 volumes<\/a><\/li>\n<li><a href=\"#million-dollar-flat-transactions\">Million-dollar flat transactions<\/a><\/li>\n<li><a href=\"#market-outlook\">Market outlook<\/a><\/li>\n<\/ol>\n<p><iframe loading=\"lazy\" style=\"border: none; width: 350px !important; box-shadow: 0px 2px 12px rgb(11 17 52 \/ 15%); border-radius: 16px;\" src=\"https:\/\/www.99.co\/property-value-widget?contentSource=insider-blog&amp;contentId=the-arden-sale-units\" width=\"350\" height=\"370\" scrolling=\"no\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\"><\/span><\/span><\/iframe><\/p>\n<h2 id=\"price-trends\">Price trends<\/h2>\n<figure id=\"attachment_87959\" aria-describedby=\"caption-attachment-87959\" style=\"width: 942px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-87959 size-full\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2025\/07\/HDB-Resale-price-index-Q2-2025.png\" alt=\"\" width=\"942\" height=\"415\" \/><figcaption id=\"caption-attachment-87959\" class=\"wp-caption-text\">Source: HDB<\/figcaption><\/figure>\n<p>Resale prices of HDB flats rose by 0.9% quarter-on-quarter (QOQ) in Q2 2025, slowing from the 1.6% increase in Q1. This marks the smallest quarterly price growth since Q2 2020, according to data from HDB. The year-on-year (YOY) growth stood at 8.0%.<\/p>\n<p>Cumulatively, the HDB Resale Price Index has increased by 2.5% in the first half of 2025, compared to a stronger 4.2% rise in the same period last year. This moderating trend is consistent with broader signals of price resistance and increased affordability concerns among buyers.<\/p>\n<h2 id=\"resale-volumes\">HDB Resale: Q2 volumes<\/h2>\n<figure id=\"attachment_87961\" aria-describedby=\"caption-attachment-87961\" style=\"width: 939px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-87961 size-full\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2025\/07\/HDB-Q2-Resale-Update.png\" alt=\"\" width=\"939\" height=\"271\" \/><figcaption id=\"caption-attachment-87961\" class=\"wp-caption-text\">Source: HDB<\/figcaption><\/figure>\n<p>Despite slower price growth, HDB resale volumes picked up. In Q2 2025, 7,102 flats changed hands, an increase of 7.8% from the 6,590 units sold in Q1. This is also the highest resale volume recorded in three quarters.<\/p>\n<p>However, compared to a year ago (Q2 2024), transactions were still down by 3.4%, indicating that while demand has recovered slightly, it hasn\u2019t yet fully bounced back to previous highs. The total volume for 1H 2025 stands at 13,692 units, about 5% lower than the 14,420 units sold during 1H 2024.<\/p>\n<h2 id=\"million-dollar-flat-transactions\">Million-dollar flat transactions<\/h2>\n<p><img decoding=\"async\" class=\"size-full wp-image-68534\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2023\/08\/1620px-The_Pinnacle@Duxton-e1693193351552.jpg\" alt=\"pinnacle @ duxton record-breaking sale\" width=\"1200\" height=\"800\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2023\/08\/1620px-The_Pinnacle@Duxton-e1693193351552.jpg 1200w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2023\/08\/1620px-The_Pinnacle@Duxton-e1693193351552-150x100.jpg 150w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>High-value HDB transactions remained strong in Q2 2025. A total of 415 flats were resold for at least S$1 million, contributing to a 1H 2025 total of 763 million-dollar flat transactions. With 134 such units already transacted in July, the full-year record of 1,035 set in 2024 could be surpassed as early as August or September.<\/p>\n<p>For the first time, median resale prices for 4-room flats in Central Area, Queenstown, and Toa Payoh crossed the S$1 million mark on a quarterly basis:<\/p>\n<ul>\n<li><strong>Central Area:<\/strong> Median price reached S$1.2 million, driven by sales at <a href=\"https:\/\/www.99.co\/singapore\/hdb\/the-pinnacle-duxton\" target=\"_blank\" rel=\"noopener\">Pinnacle@Duxton<\/a>, where 11 of 20 resale deals crossed the million-dollar mark.<\/li>\n<li><strong>Queenstown:<\/strong> With a median of S$1 million, demand was fuelled by 33 million-dollar resale deals, many of which were recently MOP-ed (Minimum Occupation Period) units at <a href=\"https:\/\/www.99.co\/singapore\/hdb\/queenstown\/strathmore-avenue\" target=\"_blank\" rel=\"noopener\">Strathmore Avenue<\/a> and <a href=\"https:\/\/www.99.co\/singapore\/hdb\/queenstown\/dawson-road\" target=\"_blank\" rel=\"noopener\">Dawson Road<\/a>.<\/li>\n<li><strong>Toa Payoh:<\/strong> Also reaching a S$1 million median, this was supported by resale activity at <a href=\"https:\/\/www.99.co\/singapore\/hdb\/toa-payoh\/bidadari-park-drive\" target=\"_blank\" rel=\"noopener\">Bidadari Park Drive<\/a> and <a href=\"https:\/\/www.99.co\/singapore\/hdb\/toa-payoh\/alkaff-crescent\" target=\"_blank\" rel=\"noopener\">Alkaff Crescent<\/a>, where over one-third of 4-room units were recently MOP-ed units with more than 94 years left on their leases.<\/li>\n<\/ul>\n<p>These figures underscore continued buyer willingness to pay premiums for well-located, newer, or iconic HDB properties.<\/p>\n<h2 id=\"market-outlook\">Market outlook<\/h2>\n<p>Several upcoming <a href=\"https:\/\/www.99.co\/singapore\/insider\/july-2025-bto-launch-updates\/\" target=\"_blank\" rel=\"noopener\">BTO (Build-To-Order)<\/a> and <a href=\"https:\/\/www.99.co\/singapore\/insider\/sale-of-balance-flats-hdb\/\" target=\"_blank\" rel=\"noopener\">SBF (Sale of Balance Flats)<\/a> launches in July and October may draw some attention away from the resale market. These include attractive offerings in mature estates such as Bukit Merah, Toa Payoh, and Simei, as well as landmark launches in Mount Pleasant and the former Keppel Club site.<\/p>\n<p>Still, demand for resale flats is expected to stay resilient, especially for larger units or those in prime locations. At the same time, ongoing cooling measures [like the tighter LTV (Loan-to-Value) limits for HDB loans, currently capped at 75%] may dampen price growth.<\/p>\n<p>Analysts expect HDB resale prices to rise between 4% and 5% for the full year of 2025, slower than the 9.7% surge seen in 2024. Meanwhile, total resale volume for the year is projected to range between 27,000 to 28,000 flats, signalling a stable yet more moderated HDB resale landscape ahead.<\/p>\n    <section id=\"portal-widget-tab-panel-6a3fa256c1a0f\" class=\"portal-widget-tab-panel\">\n        <div class=\"swiper-container\" id=\"swiper-container-6a3fa256c1a0f\">\n                        <div class=\"row-title-widget\">\n                <div class=\"portal-widget-carousel-title-left\"><h4 class=\"portal-widget-title\">Looking for a resale unit? Let us help!<\/h4><\/div>\n                <div class=\"portal-widget-carousel-title-right text-right\"><span class=\"portal-widget-see-all-link link-top\"><a href=\"\" class=\"nndc-open-app-link\" data-url=\"https:\/\/www.99.co\/singapore\/sale\/hdb?utm_source=blog&utm_medium=widget\">See all listings<\/a><\/span><\/div>\n            <\/div>\n                        <div class=\"portal-widget-carousel swiper-wrapper\">\n                                    <div class=\"portal-widget-carousel__card swiper-slide\">\n                                                <div class=\"card-image\">\n                            <img decoding=\"async\" src=\"https:\/\/pic2.99.co\/v3\/SxWLbC8n9gNNhjvVsgpurB?text=Ida+Seto&sampling=lanczos&version=1&height=600&width=800&mode=fill&quality=80&convert_if_png=true&signature=5a7d4a9be2cf47165211e237883c917f6bb58827\" alt=\"313 Ang Mo Kio Avenue 3 Photo\">\n                        <\/div>\n                        <div class=\"card-description\">\n                            <div class=\"card-text card-title\">313 Ang Mo Kio Avenue 3<\/div>\n                            <div class=\"card-text card-subtitle\">Singapore 560313 \u00b7 D20<\/div>\n                            <div class=\"card-text card-room\">\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bed-icon.svg\" alt=\"bedroom\">\n                                    <span>3<\/span>\n                                <\/div>\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bath-icon.svg\" alt=\"bathroom\">\n                                    <span>2<\/span>\n                                <\/div>\n                                <div >\n                                    <span>786 sqft<\/span>\n                                <\/div>\n                            <\/div>\n                            <div class=\"card-text card-price\">S$ 480,000<\/div>\n                        <\/div>\n                        <div class=\"card-button\">\n                            <button class=\"btn-view-listing nndc-open-app-link\" data-url=\"https:\/\/www.99.co\/singapore\/sale\/property\/313-ang-mo-kio-avenue-3-hdb-ATUzQRrhF6jFiSzJstPK4A?utm_source=blog&utm_medium=widget\">View this listing<\/button>\n                        <\/div>\n                    <\/div>\n                                    <div class=\"portal-widget-carousel__card swiper-slide\">\n                                                <div class=\"card-image\">\n                            <img decoding=\"async\" src=\"https:\/\/pic2.99.co\/v3\/QNGmfdEkinGzQKjriRsN5C?text=Caroline+Cheng&sampling=lanczos&version=1&height=600&width=800&mode=fill&quality=80&convert_if_png=true&signature=9d14969e54eb10410a151919c67d775faea6afdb\" alt=\"Heritage View Photo\">\n                        <\/div>\n                        <div class=\"card-description\">\n                            <div class=\"card-text card-title\">Heritage View<\/div>\n                            <div class=\"card-text card-subtitle\">6 Dover Rise \u00b7 D5<\/div>\n                            <div class=\"card-text card-room\">\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bed-icon.svg\" alt=\"bedroom\">\n                                    <span>4<\/span>\n                                <\/div>\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bath-icon.svg\" alt=\"bathroom\">\n                                    <span>4<\/span>\n                                <\/div>\n                                <div >\n                                    <span>2,616 sqft<\/span>\n                                <\/div>\n                            <\/div>\n                            <div class=\"card-text card-price\">S$ 4,500,000<\/div>\n                        <\/div>\n                        <div class=\"card-button\">\n                            <button class=\"btn-view-listing nndc-open-app-link\" data-url=\"https:\/\/www.99.co\/singapore\/sale\/property\/heritage-view-condo-Lj229mSm5Xqi6JdtkzdMML?utm_source=blog&utm_medium=widget\">View this listing<\/button>\n                        <\/div>\n                    <\/div>\n                                    <div class=\"portal-widget-carousel__card swiper-slide\">\n                                                <div class=\"card-image\">\n                            <img decoding=\"async\" src=\"https:\/\/pic2.99.co\/v3\/2EfrMqQZhzqHspbJhQLguL?text=ALEC+TAN&sampling=lanczos&version=1&height=600&width=800&mode=fill&quality=80&convert_if_png=true&signature=fa76b9f8d44902ef47bb838dcb93694fb68aedfb\" alt=\"326 Sembawang Crescent Photo\">\n                        <\/div>\n                        <div class=\"card-description\">\n                            <div class=\"card-text card-title\">326 Sembawang Crescent<\/div>\n                            <div class=\"card-text card-subtitle\">Singapore 750326 \u00b7 D27<\/div>\n                            <div class=\"card-text card-room\">\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bed-icon.svg\" alt=\"bedroom\">\n                                    <span>3<\/span>\n                                <\/div>\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bath-icon.svg\" alt=\"bathroom\">\n                                    <span>2<\/span>\n                                <\/div>\n                                <div >\n                                    <span>1,290 sqft<\/span>\n                                <\/div>\n                            <\/div>\n                            <div class=\"card-text card-price\">S$ 730,000<\/div>\n                        <\/div>\n                        <div class=\"card-button\">\n                            <button class=\"btn-view-listing nndc-open-app-link\" data-url=\"https:\/\/www.99.co\/singapore\/sale\/property\/326-sembawang-crescent-hdb-h2S9HuSK5yo8ZteeNEGat7?utm_source=blog&utm_medium=widget\">View this listing<\/button>\n                        <\/div>\n                    <\/div>\n                                    <div class=\"portal-widget-carousel__card swiper-slide\">\n                                                <div class=\"card-image\">\n                            <img decoding=\"async\" src=\"https:\/\/pic2.99.co\/v3\/2NApzM6hR3h65cXUHYonx3?text=Dan+Soon&sampling=lanczos&version=1&height=600&width=800&mode=fill&quality=80&convert_if_png=true&signature=6320311b843b36fa8bd2f7639b3535ec87919dad\" alt=\"332 Yishun Ring Road Photo\">\n                        <\/div>\n                        <div class=\"card-description\">\n                            <div class=\"card-text card-title\">332 Yishun Ring Road<\/div>\n                            <div class=\"card-text card-subtitle\">Singapore 760332 \u00b7 D27<\/div>\n                            <div class=\"card-text card-room\">\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bed-icon.svg\" alt=\"bedroom\">\n                                    <span>4<\/span>\n                                <\/div>\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bath-icon.svg\" alt=\"bathroom\">\n                                    <span>2<\/span>\n                                <\/div>\n                                <div >\n                                    <span>1,313 sqft<\/span>\n                                <\/div>\n                            <\/div>\n                            <div class=\"card-text card-price\">S$ 650,000<\/div>\n                        <\/div>\n                        <div class=\"card-button\">\n                            <button class=\"btn-view-listing nndc-open-app-link\" data-url=\"https:\/\/www.99.co\/singapore\/sale\/property\/332-yishun-ring-road-hdb-RWVjnepchXvrPGC7A3vRdH?utm_source=blog&utm_medium=widget\">View this listing<\/button>\n                        <\/div>\n                    <\/div>\n                                    <div class=\"portal-widget-carousel__card swiper-slide\">\n                                                <div class=\"card-image\">\n                            <img decoding=\"async\" src=\"https:\/\/pic2.99.co\/v3\/W4jEuQugGFz8xKGSPjtFQf?text=Colin+Tang&sampling=lanczos&version=1&height=600&width=800&mode=fill&quality=80&convert_if_png=true&signature=6201a5748771baf45af22e73c7cb2936713c3530\" alt=\"136 Serangoon North Avenue 2 Photo\">\n                        <\/div>\n                        <div class=\"card-description\">\n                            <div class=\"card-text card-title\">136 Serangoon North Avenue 2<\/div>\n                            <div class=\"card-text card-subtitle\">Singapore 550136 \u00b7 D19<\/div>\n                            <div class=\"card-text card-room\">\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bed-icon.svg\" alt=\"bedroom\">\n                                    <span>4<\/span>\n                                <\/div>\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bath-icon.svg\" alt=\"bathroom\">\n                                    <span>2<\/span>\n                                <\/div>\n                                <div >\n                                    <span>1,108 sqft<\/span>\n                                <\/div>\n                            <\/div>\n                            <div class=\"card-text card-price\">S$ 688,000<\/div>\n                        <\/div>\n                        <div class=\"card-button\">\n                            <button class=\"btn-view-listing nndc-open-app-link\" data-url=\"https:\/\/www.99.co\/singapore\/sale\/property\/136-serangoon-north-avenue-2-hdb-EDiR5JPbVSnVa2Z6XgHuuT?utm_source=blog&utm_medium=widget\">View this listing<\/button>\n                        <\/div>\n                    <\/div>\n                                    <div class=\"portal-widget-carousel__card swiper-slide\">\n                                                <div class=\"card-image\">\n                            <img decoding=\"async\" src=\"https:\/\/pic2.99.co\/v3\/PHRiGJAdXHeuqzZFVhtu5f?text=Dominic+Lim&sampling=lanczos&version=1&height=600&width=800&mode=fill&quality=80&convert_if_png=true&signature=1329df4e9ebf62497557546da5b6fab4aac930ad\" alt=\"Eastwood Green Photo\">\n                        <\/div>\n                        <div class=\"card-description\">\n                            <div class=\"card-text card-title\">Eastwood Green<\/div>\n                            <div class=\"card-text card-subtitle\">Eastwood Green \u00b7 D16<\/div>\n                            <div class=\"card-text card-room\">\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bed-icon.svg\" alt=\"bedroom\">\n                                    <span>5<\/span>\n                                <\/div>\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bath-icon.svg\" alt=\"bathroom\">\n                                    <span>5<\/span>\n                                <\/div>\n                                <div >\n                                    <span>1,935 sqft<\/span>\n                                <\/div>\n                            <\/div>\n                            <div class=\"card-text card-price\">S$ 3,380,000<\/div>\n                        <\/div>\n                        <div class=\"card-button\">\n                            <button class=\"btn-view-listing nndc-open-app-link\" data-url=\"https:\/\/www.99.co\/singapore\/sale\/property\/eastwood-green-landed-2hgcSdxhqqSbBx2qJJ3bdD?utm_source=blog&utm_medium=widget\">View this listing<\/button>\n                        <\/div>\n                    <\/div>\n                                    <div class=\"portal-widget-carousel__card swiper-slide\">\n                                                <div class=\"card-image\">\n                            <img decoding=\"async\" src=\"https:\/\/pic2.99.co\/v3\/MAX8JLdtEKwTJ6wM3Qg39Q?text=Melissa+Lim&sampling=lanczos&version=1&height=600&width=800&mode=fill&quality=80&convert_if_png=true&signature=c656c9ca41093f985dbf655758bd26481cc3e81b\" alt=\"228 Pasir Ris Street 21 Photo\">\n                        <\/div>\n                        <div class=\"card-description\">\n                            <div class=\"card-text card-title\">228 Pasir Ris Street 21<\/div>\n                            <div class=\"card-text card-subtitle\">Singapore 510228 \u00b7 D18<\/div>\n                            <div class=\"card-text card-room\">\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bed-icon.svg\" alt=\"bedroom\">\n                                    <span>3<\/span>\n                                <\/div>\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bath-icon.svg\" alt=\"bathroom\">\n                                    <span>2<\/span>\n                                <\/div>\n                                <div >\n                                    <span>1,334 sqft<\/span>\n                                <\/div>\n                            <\/div>\n                            <div class=\"card-text card-price\">S$ 718,000<\/div>\n                        <\/div>\n                        <div class=\"card-button\">\n                            <button class=\"btn-view-listing nndc-open-app-link\" data-url=\"https:\/\/www.99.co\/singapore\/sale\/property\/228-pasir-ris-street-21-hdb-kdkgbWj6hKCtGyPopWYewA?utm_source=blog&utm_medium=widget\">View this listing<\/button>\n                        <\/div>\n                    <\/div>\n                                    <div class=\"portal-widget-carousel__card swiper-slide\">\n                                                <div class=\"card-image\">\n                            <img decoding=\"async\" src=\"https:\/\/pic2.99.co\/v3\/VNPfozRgmDZM6jCB2XgWYA?text=Esther+Whong&sampling=lanczos&version=1&height=600&width=800&mode=fill&quality=80&convert_if_png=true&signature=d3061a3f7eb69b4396b23800f12fdce2e48c8f56\" alt=\"230 Lorong 8 Toa Payoh Photo\">\n                        <\/div>\n                        <div class=\"card-description\">\n                            <div class=\"card-text card-title\">230 Lorong 8 Toa Payoh<\/div>\n                            <div class=\"card-text card-subtitle\">Singapore 310230 \u00b7 D12<\/div>\n                            <div class=\"card-text card-room\">\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bed-icon.svg\" alt=\"bedroom\">\n                                    <span>3<\/span>\n                                <\/div>\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bath-icon.svg\" alt=\"bathroom\">\n                                    <span>2<\/span>\n                                <\/div>\n                                <div >\n                                    <span>1,260 sqft<\/span>\n                                <\/div>\n                            <\/div>\n                            <div class=\"card-text card-price\">S$ 715,000<\/div>\n                        <\/div>\n                        <div class=\"card-button\">\n                            <button class=\"btn-view-listing nndc-open-app-link\" data-url=\"https:\/\/www.99.co\/singapore\/sale\/property\/230-lorong-8-toa-payoh-hdb-FnheH95rqQL3wcL2vW8qxL?utm_source=blog&utm_medium=widget\">View this listing<\/button>\n                        <\/div>\n                    <\/div>\n                                    <div class=\"portal-widget-carousel__card swiper-slide\">\n                                                <div class=\"card-image\">\n                            <img decoding=\"async\" src=\"https:\/\/pic2.99.co\/v3\/X2u5ABMrey9yF66MQ88KBD?text=Seow+Kwee+Soon+%28Shawn%29&sampling=lanczos&version=1&height=600&width=800&mode=fill&quality=80&convert_if_png=true&signature=30b4486d1535bfb98cc5b1959afec6b8c21abb3c\" alt=\"528 Hougang Avenue 6 Photo\">\n                        <\/div>\n                        <div class=\"card-description\">\n                            <div class=\"card-text card-title\">528 Hougang Avenue 6<\/div>\n                            <div class=\"card-text card-subtitle\">Singapore 530528 \u00b7 D19<\/div>\n                            <div class=\"card-text card-room\">\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bed-icon.svg\" alt=\"bedroom\">\n                                    <span>2<\/span>\n                                <\/div>\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bath-icon.svg\" alt=\"bathroom\">\n                                    <span>2<\/span>\n                                <\/div>\n                                <div >\n                                    <span>796 sqft<\/span>\n                                <\/div>\n                            <\/div>\n                            <div class=\"card-text card-price\">S$ 480,000<\/div>\n                        <\/div>\n                        <div class=\"card-button\">\n                            <button class=\"btn-view-listing nndc-open-app-link\" data-url=\"https:\/\/www.99.co\/singapore\/sale\/property\/528-hougang-avenue-6-hdb-h8cgfGfBdxrfqhrEtG7Dr6?utm_source=blog&utm_medium=widget\">View this listing<\/button>\n                        <\/div>\n                    <\/div>\n                                    <div class=\"portal-widget-carousel__card swiper-slide\">\n                                                <div class=\"card-image\">\n                            <img decoding=\"async\" src=\"https:\/\/pic2.99.co\/v3\/tr4qiuxXuPTDn42SQTUTxK?text=Robin+Pang+%E9%A6%AE%E4%BF%8A%E6%9D%90&sampling=lanczos&version=1&height=600&width=800&mode=fill&quality=80&convert_if_png=true&signature=0e829f70c969e0d9d90f5daa13bb0a17b444b332\" alt=\"Canninghill Piers \/ Canninghill Square Photo\">\n                        <\/div>\n                        <div class=\"card-description\">\n                            <div class=\"card-text card-title\">Canninghill Piers \/ Canninghill Square<\/div>\n                            <div class=\"card-text card-subtitle\">5 Clarke Quay \u00b7 D6<\/div>\n                            <div class=\"card-text card-room\">\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bed-icon.svg\" alt=\"bedroom\">\n                                    <span>1<\/span>\n                                <\/div>\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bath-icon.svg\" alt=\"bathroom\">\n                                    <span>1<\/span>\n                                <\/div>\n                                <div >\n                                    <span>538 sqft<\/span>\n                                <\/div>\n                            <\/div>\n                            <div class=\"card-text card-price\">S$ 1,588,000<\/div>\n                        <\/div>\n                        <div class=\"card-button\">\n                            <button class=\"btn-view-listing nndc-open-app-link\" data-url=\"https:\/\/www.99.co\/singapore\/sale\/property\/canninghill-piers-canninghill-square-condo-Dvn3p6HSm7CtKzFXYG4DNa?utm_source=blog&utm_medium=widget\">View this listing<\/button>\n                        <\/div>\n                    <\/div>\n                            <\/div>\n            <!-- Add Arrows -->\n            <div class=\"swiper-button-next\"><\/div>\n            <div class=\"swiper-button-prev\"><\/div>\n                    <\/div>\n    <\/section>\n\n","protected":false},"excerpt":{"rendered":"<p>Singapore\u2019s HDB resale market posted a mixed performance in the second quarter of 2025. While prices continued to rise, the pace of growth slowed for the third consecutive quarter. At the same time, resale volumes gained traction, reflecting steady demand, particularly for larger flats and well-located units. Let\u2019s break down the key trends from the&hellip;<\/p>\n","protected":false},"author":17,"featured_media":39714,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_lmt_disableupdate":"no","_lmt_disable":"no","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[53631,53643,57131],"tags":[53644,59497],"persona":[57125,57127,57126,57128],"class_list":{"2":"type-post","16":"entry","17":"has-post-thumbnail"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>HDB Resale Q2 2025 Updates-99.co<\/title>\n<meta name=\"description\" content=\"According to the HDB resale Q2 data, price movements have remained steady but pace of growth has shown considerable slowdown. 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