Andy October 22 2021

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Resale flat transactions increase by 19.4% in Q3 2021

Latest data revealed that HDB resale transactions increased by 19.4% in the 3rd quarter of 2021 in contrast to the previous quarter.

A total of 8,433 HDB resale transactions were registered from July to September, a surge from 7,063 applications in the second quarter.

HDB resale prices in the third quarter rose in tandem, 2.9% higher than the second quarter. 

Four-room flats remains the most popular among the resale buyers with a total of 3,593 resale applications, followed by five-room flats with 2,268 resale applications.

HDB has set sights to launch about 17,000 BTO flats this year, which is still higher than the 16,800 flats launched in 2020.

A total of 22,300 flats will be offered in 2021 including about 5,300 flats in the Sale of Balance Flats exercises and open booking.

Upcoming Build-To-Order BTO Launches

In November 2021, HDB will offer about 4,400 Build-To-Order (BTO) flats in Choa Chu Kang, Hougang, Jurong West, Kallang Whampoa and Tengah. 

In February 2022, HDB will offer about 2,000 to 3,000 BTO flats in Geylang, Tengah and Yishun.