The HDB resale market is set for another significant year, with approximately 5,077 almost-new flats reaching their Minimum Occupation Period (MOP) in 2025. While this number is lower than the 11,000 flats that obtained MOP last year, the locations and characteristics of these units present intriguing opportunities for buyers and investors alike.
The Demand for Almost-New Flats
Almost-new resale HDB flats continue to be highly sought after, as they strike a balance between affordability and convenience. These flats offer long remaining leases and immediate availability, unlike Build-To-Order (BTO) flats, which require years of waiting. Additionally, resale flats are free from the tighter restrictions imposed on Prime and Plus BTO projects, making them an attractive choice for buyers seeking flexibility in future sales or rental opportunities.
In 2024, a record 1,071 HDB flats were sold for at least $1 million, with 336 of them being 10 years old or younger. The demand for young resale flats is evident, as they accounted for 31.4% of all million-dollar HDB transactions, a significant increase from previous years.
Key Projects to Watch in 2025
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Alkaff CourtView (Toa Payoh – Bidadari)
As part of the Bidadari estate, this project benefits from excellent connectivity and proximity to top amenities, including Woodleigh and Potong Pasir MRT stations, malls, and schools. Given the recent $1.34 million sale of a nearby unit in Alkaff Vista, prices at Alkaff CourtView are expected to follow suit. -
West Plains @ Bukit Batok
Located in a more budget-friendly area, West Plains offers an affordable entry point into homeownership. While amenities such as the upcoming Tengah Park MRT Station and Bukit Batok West Hawker Centre are still under development, future growth in the area could make it an attractive long-term investment. -
Clementi Crest (Clementi)
With proximity to Clementi MRT Station, schools, and shopping malls, Clementi Crest stands out as a prime option for families. The estate's scarcity of new flats suggests strong demand, as seen in the 58 million-dollar resale transactions in Clementi last year.
What This Means for Buyers and Sellers
The addition of 5,000 MOP flats will provide more options for buyers, but the demand for well-located units in central areas will likely keep prices high. For sellers, the strong resale market presents an opportunity to unlock significant capital gains, especially for those who purchased BTO units at launch prices.
With approximately 9,400 flats set to obtain MOP in 2026—almost double this year's supply—prospective buyers and investors should keep an eye on market trends to make informed decisions.
✅ Key Highlights:
✔️ 5,077 almost-new HDB flats across nine towns will obtain MOP in 2025.
✔️ Alkaff CourtView in Bidadari expected to command premium resale prices.
✔️ West Plains @ Bukit Batok offers affordability but fewer amenities for now.
✔️ Clementi Crest presents a rare opportunity in an established, well-connected town.
✔️ 31.4% of million-dollar HDB sales last year involved flats under 10 years old.
✔️ Upcoming MOP flats in 2026 will nearly double, offering even more choices.
The resale market is dynamic, and opportunities arise quickly. If you're looking to buy or sell an almost-new HDB flat, staying informed is key. Reach out today for the latest market insights and expert guidance on navigating the HDB resale landscape.
Source
[EdgeProp] | Approximately 5,000 flats from nine towns will obtain MOP this year