Which towns are experiencing the steepest HDB price drops?

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Serangoon, Marine Parade, and Geylang Show the Steepest HDB Price Declines

HDB resale flat prices have experienced a decline for the second consecutive quarter, with several towns recording significant drops. Serangoon registered the most substantial decrease, falling by 7.9 per cent, followed by Marine Parade at 7.6 per cent, and Geylang at 6.9 per cent. These figures are part of a broader trend where HDB resale prices slipped 0.3 per cent in the second quarter of 2026, following a 0.1 per cent decrease in the first quarter.
Serangoon Leads HDB Price Drop

Among the towns that saw a decrease in prices during the quarter, Serangoon experienced the most significant fall. This decline of 7.9 per cent indicates a notable shift in the resale market dynamics within this specific town.
Marine Parade and Geylang Follow with Substantial Decreases

Following Serangoon, Marine Parade recorded the second largest drop in HDB resale prices, with a decrease of 7.6 per cent. Geylang also saw a considerable price reduction, reporting a 6.9 per cent decline. These three towns represent the most pronounced instances of price depreciation in the HDB resale market for the period.
Broader Market Slowdown Affects Multiple Towns

The downturn in Serangoon, Marine Parade, and Geylang is indicative of a wider slowdown affecting the HDB resale market. Overall, 16 towns recorded quarterly price declines, reflecting a general trend of caution among buyers. This market sluggishness is attributed to uncertainties in the employment market and a weaker hiring outlook, leading buyers to be more prudent with their offers.

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Which towns are experiencing the steepest HDB price drops?

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