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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.
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
