HDB Resale Prices in September 2026: Up 2.2%
HDB resale prices rose 2.2% in September 2026. Median $650,000, average $7,024 per square metre, 2,245 transactions — the month in numbers.
HDB resale prices rose 2.2% in September 2026 compared with August 2026, with the median transaction at $650,000 across 2,245 sales. On a per-square-metre basis — which takes flat size out of the comparison — the change was +0.6%, and volume was 10.8% lower than the month before.
| Measure | September 2026 | August 2026 | Change |
|---|---|---|---|
| Transactions | 2,245 | 2,516 | -10.8% |
| Median price | $650,000 | $635,888 | +2.2% |
| Average price | $685,655 | $667,527 | +2.7% |
| Average $ / sqm | $7,024 | $6,979 | +0.6% |
| Highest price | $1,720,000 | $1,688,888 | — |
| Lowest price | $243,000 | $272,888 | — |
What moved
Prices rose while volume fell 10.8%. Fewer transactions at higher prices is the signature of a tight month: sellers holding firm, and buyers competing for a thinner pool of listings.
Towns that moved most
Only towns with at least eight resales in both months are shown, so a single unusual deal cannot top the table.
| Town | September 2026 | August 2026 | Change | Sales |
|---|---|---|---|---|
| Central Area | $10,257 | $9,069 | +13.1% | 16 |
| Clementi | $8,506 | $7,905 | +7.6% | 36 |
| Pasir Ris | $6,070 | $6,558 | -7.5% | 67 |
| Bukit Merah | $8,609 | $9,065 | -5.0% | 77 |
| Jurong East | $5,943 | $6,225 | -4.5% | 55 |
| Queenstown | $10,239 | $9,919 | +3.2% | 74 |
Year on year
Against September 2025, the median resale price is up 0.8% — from $645,000 to $650,000. Twelve-month comparisons are a better read on direction than any single month, because flat-type mix swings month to month.
How to read these numbers
These figures come from HDB resale registrations published on data.gov.sg, covering September 2026. Registration lags the actual deal by roughly four to eight weeks, so a month can still gain a small number of records after this article is written; the latest version of every figure is always on the town and street pages.
- Mix matters: a month heavy in 5-room and executive flats lifts the average without any flat being worth more.
- Price per square metre is the cleaner comparison, because it removes flat size from the equation.
- Storey, orientation and renovation are not in the data, so identical units can transact far apart.
- Transactions between relatives and part-share resales are excluded by HDB.