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