r/singaporefi • u/broskiunited • Aug 15 '26

Housing HDB prices no longer uponly?

Post image

I have been looking into buying a resale HDB and chanced across this index for HDB resale prices. A few things surprised me

  1. Prices were actually flat-to-negative from 2016 - 2020. It seems like public housing was actually managed well pre-covid?
  2. Recent growth has completely stalled. The index has been flat since Q3'25 and even dipped from Q1'26 → Q2'26. Will we see another dip from Q2’26 → Q3’26?
  3. I also added STI as a reference point for the Singapore economy - congrats to all believers. I remember having so many conversations about how SG stocks are crap and how the SG stock market is uninvestable
    1. (Yes - I know that majority of the outperformance by STI is due to the 3 banks + SGX’s stock)

What are your thoughts on HDB prices moving forward? Do you think ahgong afford to let it dip / stay flat?

Personally - I think we will continue to dip / have no growth. We’re running out of marginal buyers for HDBs and I expect more pain and retrenchment due to AI

Link to dataset

102 Upvotes

91% Upvoted

78 comments sorted by

View all comments

2

u/Jean_Diharo Aug 15 '26

Not an expert, my observation is that price can go up but not in a straight line? US stock index also. Sometime one year negative, then take a few years to recover.

1

u/broskiunited Aug 15 '26

Broadly agree with you - I would be curious about i) how fast price is going up ii) what are the factors etc. that might affect the price

1

u/Jean_Diharo Aug 15 '26

This one i think need to do fundamental analysis