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HDB Resale Prices Edge Up in May as Condo Rents Hit Record

Published 8 June 2026 · Covers news from 7 Jun to 8 Jun

HDB resale prices and transaction volumes both moved higher in May 2026, according to 99.co, while a separate report indicates condo rental prices have reached a record high. These two data points together paint a picture of broad upward pressure across both the purchase and rental markets.

  • 99.co reports that HDB resale prices edged up and transaction volumes rebounded in May 2026, reversing a slight easing recorded in March 2026 data [4] [6].
  • Condo rental prices hit a record high while HDB rents also moved up and rental activity rebounded, according to 99.co — relevant context for buyers weighing the rent-versus-own calculation [5].
  • Singapore Business Review reports that home sales are projected to reach 10,000 units, with an immigration surge cited as a factor offsetting global risk headwinds — though the basis for this projection is not detailed in the headline alone [9].
  • South China Morning Post reports that Singapore's safe-haven status is drawing increased Chinese property investment, adding an external demand dimension to the local market [7].
  • Real Estate Asia reports that Singapore industrial property prices rose for an eighth consecutive quarter in Q1, signalling sustained momentum in the non-residential segment as well [8].

Sources

  1. [4]
  2. [5]
  3. [6]
  4. [7]
  5. [8]
  6. [9]

Note: This insight was AI-synthesised from the sources above. We don't predict prices or recommend buy/sell timing. For decisions on a specific property, talk to a CEA-registered agent. Nothing here is financial or investment advice.

HDB Resale Prices Edge Up in May as Condo Rents Hit Record — Property Market Insights | SifuProperty