Apartment prices are projected to increase in 2026, despite signs of cooling following a pandemic-driven inflation. According to Propnex, the anticipated growth rate is expected to be between 3% and 4%, which will result in significant added costs for resale properties, particularly for popular 4-room and 5-room types that make up two-thirds of the HDB housing market.
In 2025, the average resale price for a 5-room flat was S$781,317, while a 4-room flat averaged S$672,310. Projections suggest that these averages will rise by over S$20,000 for 4-room flats and S$30,000 for 5-room flats by next year. The exact amount buyers will pay will vary significantly depending on their chosen location.
For instance, the Central Area is expected to see the highest increases, with 5-room flats potentially rising by S$54,486. Other neighborhoods, such as Queenstown and Bukit Timah, will also experience notable changes in their average resale prices.