If you're house-hunting in 2023, the prices you're seeing may still be prompting anxiety attacks. New launches are increasingly out of reach (a new high was reached for 2023 so far), even for upgraders; and resale prices are also creeping to new heights. In light of this, we've picked out the cheapest recorded transactions for condos, HDB flats, and landed.
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As of 2022, the average price of a 5-room resale flat, island-wide, has reached around $612,520. This is the point where home buyers yell “No way”, because everything they’ve seen appears to be well past that price range. The truth is, there are some HDB towns that go well beyond this – just as there are some that have stayed.