Singapore Housing Market: Relief in Sight as Resale Flat Prices Expected to Moderate

Singapore's Housing Market: Resale Flat Prices Expected to Ease in 2026 Singapore, May 28, 2025 – Concerns over rising resale flat prices in Singapore have been addressed by Minister for National Development, Chee Hong Tat. During a visit to the Toa Payoh Ridge BTO estate, Minister Tat acknowledged the public's worry, stating, "We know that the increase in resale flat prices has been a concern for Singaporeans." He explained that the price surge is primarily due to supply and demand imbalances. However, he offered a positive outlook, predicting a moderation in prices starting in 2026. This expectation is based on a significant increase in the number of new Build-To-Order (BTO) flats reaching their five-year Minimum Occupation Period (MOP), thereby increasing supply. The minister's statement provides some relief to homebuyers facing affordability challenges.