202.4 Index, 7,528 Resale Deals

Published 2 October 2026

The HDB resale price index closed 3Q2026 at 202.4, a slip of 0.2% from 202.8 in the previous quarter. It is the third quarterly dip of the year, following 0.3% in 1Q and 0.1% in 2Q. For reference, the index stood at 203.7 in 3Q2025. Those are the flash figures reported by Little Big Red Dot, and flash numbers can be revised once the final series is published.

Volume moved the other way. As of 29 September, 7,528 resale transactions had been recorded for the quarter, 5.2% higher than the 7,157 logged in 3Q2025. A marginally softer index sitting beside busier turnover suggests that sellers and buyers are still finding common ground, even though the average price level has drifted down slightly. It is a pattern, not a verdict, and it covers the whole island rather than any single town.

Index figures compare like with like over time, which is why a 0.2% move says more about direction than any headline price for a single flat. Across three quarters the cumulative change is modest. It also helps to remember that the index tracks price levels while the transaction count reflects how many owners chose to act, and the two can drift apart for a while without contradicting each other.

A policy change adds context. According to Yahoo News Singapore, the 15-month wait-out period that applied to private-property owners buying non-subsidised HDB resale flats without an HDB loan was lifted on 28 July 2026. Those owners must still sell their private home within 6 months of completing the flat purchase. The 30-month wait-out remains for subsidised flats, for purchases using CPF housing grants, for new executive condominiums and for buyers on HDB loans. So far, the third-quarter data shows no significant rise in resale prices or volumes from this buyer group.

That last point matters for anyone comparing an HDB resale flat with an executive condominium, because the two routes follow different rules. Clovelle of Woodlands is a 99-year leasehold EC by Sim Lian Group, planned for about 560 homes on Woodlands Drive 17 in District 25. Like other ECs, it carries a 5-year Minimum Occupation Period from TOP and full privatisation after 10 years, and the household income ceiling stands at S$16,000. These conditions are recorded on the project's own pages and are worth reading before anything else.

Executive condominiums sit between public and private housing, sold first to eligible families and opening to the wider market after privatisation. The tender record shows the land was awarded on 20 January 2026 for S$484 million, about S$794 psf ppr, on a site of roughly 26,980 sqm. Sim Lian Group has delivered four executive condominiums before, and because it also builds what it develops, the construction side stays within one group.

The address sits in the Woodlands South subzone, with Woodlands South MRT station (TE3) about 490 metres away on the Thomson-East Coast Line, and Woodlands North, the Singapore terminus of the RTS Link, is two stops further north. The Clovelle of Woodlands location page explains the line's stops and the neighbourhood in more detail. The development is in its registration phase, which means unit types, sizes and pricing have yet to be published.

Households working out where they stand, whether as current HDB owners or as private-property owners, can ask questions through the contact page. Anyone arriving fresh can also begin at the Clovelle of Woodlands homepage. Eligibility for an EC is set by official rules, so confirm your own position with the relevant authority before making plans.

General information only, not financial or legal advice.

Source: Little Big Red Dot. This article is independent commentary; Clovelle of Woodlands is not affiliated with the parties mentioned.