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Singapore's Ministry of National Development just announced the most significant overhaul of the Executive Condominium scheme since it was introduced in 1995. Three sweeping changes took effect on May 8, 2026, applying to all new EC Government Land Sales sites with tender closing dates from today onwards. If you were planning to buy an EC — or already own one — here is what you need to understand.
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Punggol and Sengkang's average resale prices are virtually identical in Q1 2026, but the data reveals a tale of two markets — Sengkang offers price consistency, while Punggol offers a high-end ceiling driven by rare loft-format stock along Punggol Drive.
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While headlines in the first quarter of 2026 fixated on million-dollar HDB deals in Bukit Merah and the luxury launches along Orchard, a quieter story unfolded in Singapore's western corridor. Bukit Panjang — long dismissed by upgraders as a "second-choice" town — has positioned itself as the mid-tier anchor of the West, offering buyers a substantial discount against Clementi while pricing virtually identically to Bukit Batok and Choa Chu Kang.
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Singapore's HDB resale market remained firmly active in Q1 2026, with 6,068 transactions recorded across January to March — and a market-wide average resale price of S$658,448.
But averages mask a far more interesting story. Beneath the headline numbers lies a tale of two markets: towns where thousands of buyers transact every quarter at surprisingly affordable prices, and rare enclaves where barely a dozen flats change hands — at prices that would make private condo owners do a double-take.
Kriosm tracked every resale transaction across all 26 HDB towns in Q1 2026. Here's what the data reveals.
In a month where Singapore's overall private property market contracted sharply, one project stood in a league of its own. RIVER MODERN, a new launch condominium nestled along River Valley Green in District 9, recorded a staggering 372 transactions in March 2026 — accounting for more than half of all private residential deals islandwide.
With an average price of S$3,053,841 and an average PSF of S$3,235.05, this was not just the most popular project of the month. It was the single most dominant launch in recent memory, reshaping the entire landscape of Singapore's Core Central Region (CCR) market in one sweep.
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Singapore's HDB resale market has long been a barometer of the nation's property landscape. What was once unthinkable — public housing flats crossing the million-dollar mark — has now become a recurring headline. As of February 2026, the record has been broken yet again, with a Queenstown loft flat fetching a jaw-dropping $1,700,000.
Here is a definitive look at Singapore's 10 highest HDB resale transactions ever recorded, based on official HDB data.
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HDB is launching two BTO projects in Tampines as part of the February 2026 exercise, offering buyers a choice between a Standard and a Plus project in one of Singapore's most established towns.
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HDB has launched its most affordable flats in the February 2026 BTO exercise, with 2-room Flexi units in Sembawang starting at just $150,000 before grants. With the Enhanced CPF Housing Grant (EHG) of up to $120,000, eligible first-timer singles can secure a home for as low as $30,000.
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The Housing & Development Board (HDB) announced that three Build-To-Order (BTO) projects will be launched at Lakeview and Shunfu starting June 2026, marking the first time in over four decades that new public housing is being introduced in these well-established residential areas.
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The Housing & Development Board (HDB) announced that approximately 1,300 Shorter Waiting Time (SWT) flats will be available in the upcoming February 2026 Build-To-Order (BTO) sales exercise, representing about a quarter of the 4,700 total units being launched.
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Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd have emerged as the successful bidders for a highly sought-after executive condominium (EC) site at Woodlands Drive 17, securing the land parcel with a winning tender price of $484 million.
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Historic milestone as final public housing projects at Bidadari reach completion; several developments finished ahead of schedule
The Housing & Development Board has successfully completed approximately 19,600 flats across 28 housing projects in 2025, achieving a median waiting time of about four years and marking a significant milestone in Singapore's public housing history.
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Singapore's Housing & Development Board (HDB) will launch approximately 19,600 Build-To-Order (BTO) flats in 2026, distributed across three sales exercises scheduled for February, June, and October.
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DBSS (Design, Build and Sell Scheme) is the “premium HDB” segment—built by private developers, typically with more condo-like layouts/finishes, and usually in stronger locations. In 2025, DBSS deals were rare, but they punched far above their weight in price.
DBSS transactions: 337
That’s only ~1.34% of all 2025 resale deals
Median DBSS price: S$950,000
Median DBSS $psf: ~S$962 psf
Million-dollar DBSS sales: 136
40.4% of DBSS deals hit S$1M+
DBSS alone accounts for ~8.5% of all million-dollar flats in 2025
Canberra Street in Sembawang recorded 413 resale transactions in 2025, making it the most transacted street in Singapore's HDB resale market for the year. With a total transaction value of approximately $267.8 million, this newly developed estate continues to attract strong buyer interest.
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