facebookAre the prices of resale HDBs on PropertyGuru real? - Seedly

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Anonymous

09 Mar 2025

Property

Are the prices of resale HDBs on PropertyGuru real?

My girlfriend and I are about to get an HDB flat soon. After all the years we've been waiting, we noticed that HDB prices have been rising higher and higher. Our dream home is now costing 20-30% more compared to three or four years ago, and it's starting to feel out of reach.

We were hoping to get a 4-room flat that is within 10 years old (we originally wanted a fresh MOP flat, but that now seems unlikely).

I wanted to ask, are the prices listed on PropertyGuru real? Is it really that expensive, or do they list higher amounts to allow for bargaining? I'd appreciate any insights before we dive in, so we can be better prepared.

Thanks in advance, and thanks to the community for the help!

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Albert Tan

04 Apr 2025

Financial Literacy & Partnerships at MoneyOwl

Use this to check actual transaction prices instead. PG lists asking price

https://services2.hdb.gov.sg/webapp/BB33RTIS/BB...

I believe it is quite accurate and they will list down what they want (because sellers want to sell high, and buyers want to buy low)

You need to go to several open homes in the area that you would like to buy to get a feel about what price for the condition you want. Off course original condition would be cheaper but people would list similar price for the same number of room in the same area regardless of the condition. Window View is also relevant (unblocked view would have higher price) and the vicinity to MRT (bus stop does not count). That is just my observation. It took me 3.5 months to find my dream resale hdb (very happy) and I was willing to pay 20K above COV. I ended buy in the different location than my original location, as I found that for resale, there is not much different between central location and "outer" location. I think it depends on where your parents live in order to get maximum grant from the government. You need to set a budget first and see what kind of HDB that you can buy. Don't buy the first one you view. Hope this tips help.

Resale buyer here. Found my flat through PropertyGuru in late 2024 without agent. Seller list price ...

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