The HDB resale market in Singapore witnessed a remarkable surge in million-dollar transactions, hitting a record of 209 deals in September 2026. This spike represents 9.3% of the total resale volume for the month, a significant jump from the 201 transactions recorded in August.
Despite the impressive figures for high-value flats, the overall sales within the resale market experienced a slowdown. The average resale prices saw a slight increase of 0.6% compared to the previous month, although they still lagged 0.4% behind the prices noted in September 2025. This mixed performance indicates a complex market dynamic where high-end properties continue to thrive even as the broader market cools down.
The rise in million-dollar transactions highlights a growing demand for premium HDB flats, reflecting changing preferences among buyers who are increasingly willing to invest in higher-value properties. This trend also points towards a potential shift in the luxury segment of the Singapore housing market, where million-dollar HDBs are becoming more common and desirable.
As we move forward, it will be interesting to observe how these trends evolve in the coming months and how they impact the overall housing landscape in Singapore.