A record 238 HDB resale flats sold for at least S$1 million in October 2026, according to property portal 99.co, the third month in a row that million-dollar deals set a new high, even as overall resale prices slipped 0.2% from September.

TL;DR

  • Million-dollar HDB resales rose to 238 in October from 209 in September and 201 in August, or 10.9% of the month's 2,178 resale transactions.
  • Overall resale prices dipped 0.2% month on month and sales volume fell 3.1%, so the record sits in the top end, not across the whole market.
  • 99.co's analysis is the main source for these figures, and its definitions are not fully set out in the article.

What happened to HDB resale prices in October 2026?

HDB flats are Singapore's public housing, and an HDB resale is a sale between owners on the open market. 99.co reports that 238 resale flats changed hands at S$1 million or more in October, up from 209 in September and 201 in August. Overall prices fell 0.2% from September, while the number of flats sold fell 3.1% to 2,178. Compared with a year earlier, 99.co says October volume was 61.7% higher and overall prices were broadly unchanged. SBRMagazine, citing 99.co and SRX data, also reports 2,178 resales, the third monthly decline since July's 2,660.

Where are the million-dollar flats?

Toa Payoh led with 39 million-dollar transactions, followed by Queenstown with 31 and Bedok with 26, together about 40% of the October total. The priciest flat was a 5-room unit at SkyParc at Dawson in Queenstown, sold for S$1.818 million. Among non-mature estates, the highest price was S$1.32 million for a 5-room flat on Punggol Road.

How did prices differ by flat type and estate?

Month on month, 4-room prices rose 0.5% and 5-room prices 0.3%, while 3-room prices fell 1.0% and executive flats fell 1.2%. Mature estates slipped 0.2% and non-mature estates 0.7%. Year on year, mature estates rose 1% and non-mature estates fell 1.1%. Four-room flats made up 41.6% of sales and 5-room flats 28.4%, and non-mature estates accounted for 52.4% of all transactions.

Why does it matter for buyers and sellers?

The data points to a split market: strong demand for larger flats in established estates alongside softer prices for smaller and executive flats. Luqman Hakim, 99.co's Chief Data and Analytics Officer, said the rise in million-dollar deals alongside a dip in overall prices points to a stronger showing at the upper end, and that buyers pay a premium for space, a longer remaining lease and access to transport and schools. He also said more flats reaching their Minimum Occupation Period could add to million-dollar sales, and that more resale listings and the November BTO launch could keep broader price growth in check. These are 99.co's views, not forecasts we can verify. For the BTO side, see https://propertynewsasia.com/hdbs-november-bto-offers-7-964-flats-with-applications-closing-11-november-prices-towns-and-eligibility/ and for the private market, https://propertynewsasia.com/singapore-private-home-prices-rise-1-4-in-q3-2026-as-completions-jump-and-vacancy-reaches-7-2-ura-data-show/ and the regional asking-price comparison at https://propertynewsasia.com/asia-property-asking-prices-q3-2026-hong-kong-singapore/

What is not confirmed?

We could not open HDB's own transaction data for this article, and 99.co does not fully explain how it defines mature estates or counts million-dollar sales beyond noting sales are counted by resale registration date. Figures come from one portal and SRX is cited only for volume. Nothing here is a forecast of future prices or personal property advice.

Frequently Asked Questions

How many million-dollar HDB resale flats were sold in October 2026?

99.co reports 238, up from 209 in September, or 10.9% of 2,178 resale transactions.

Which town had the most million-dollar HDB resales?

Toa Payoh with 39, followed by Queenstown with 31 and Bedok with 26.

Did HDB resale prices rise in October 2026?

Overall prices dipped 0.2% from September, though 4-room and 5-room prices rose and 3-room and executive flats fell.

Sources and Method

Primary data analysis: 99.co, Million-dollar HDB resales hit third straight monthly record in October 2026, by Sophiyanah David, updated 4 November 2026, https://www.99.co/singapore/insider/million-dollar-hdb-resale-record-october-2026/. Independent: SBRMagazine via HeadTopics, HDB resale volume falls for third straight month in October, 10 November 2026, https://sg.headtopics.com/news/hdb-resale-volume-falls-for-third-straight-month-in-october-89702895. Opinions are attributed to 99.co. This article is information, not property or financial advice.