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HDB Resale — Monthly Volume vs Avg PSF (Jan 2024 – May 2026)

HDB resale: monthly volume vs avg price (psf)

Jan 2024 – May 2026 · All HDB, all towns · Source: HDB / data.gov.sg

Avg price (psf) — bars Total volume — line
Volume ranges 1,338 to 3,036 units; average psf holds 577 to 656; October 2025 is the volume low at 1,338.

The one argument: the volume line whipsaws (seasonal + supply), but the price bars barely move — psf held the ~$580–$650 band the entire window. Volatile demand, resilient price.
Axis note: both axes are truncated (broken from $0) to magnify month-to-month movement — bar heights and line peaks are visually exaggerated. In absolute terms the psf swing is only ~14%.

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