Singapore's property market moves fast, and if you're not paying attention to what's actually transacting, you're making decisions blind. The latest Done Deals data from Jan 27 to Feb 3 gives us real prices from real closed deals, not asking prices or estimates. For buyers, sellers, and upgraders, this intel is worth its weight in gold.
There's a big difference between what a property is listed for and what it actually sells for. In Singapore's market, that gap tells you everything about buyer confidence, neighbourhood demand, and where the real value sits. When you look at transacted prices, you're seeing what informed buyers and sellers actually agreed on, not marketing speak.
Whether you're an HDB upgrader calculating if you can afford a condo, a resale flat buyer checking if you're overpaying, or an investor timing your entry, transaction data is your compass. It cuts through the noise and gives you market reality.
The HDB resale market remains the backbone of Singapore property. Tracking which towns are moving, at what price points, and how quickly tells you where upgraders are heading and where first-time buyers are finding value. Done Deals data shows you these patterns in real time.
If you're looking to sell your flat, knowing what comparable units in your block or nearby blocks actually closed at is far more useful than a valuation report. If you're buying, it tells you whether the asking price is realistic or if there's room to negotiate. Pay attention to transaction volume too, not just price. High volume in one area usually signals strong demand.
Singapore's condo market isn't one market, it's several. City fringe, central, suburban, each has different buyer profiles and different price momentum. The Done Deals data lets you see which segments are active right now and which are quieter.
For upgraders moving from HDB, knowing which condo markets are transacting gives you confidence. For investors, it shows you where demand is translating into actual deals. Some areas might have high asking prices but lower transaction velocity, a red flag. Others might show steady, consistent deals, a sign of genuine demand.
Landed homes (landed houses, terraces, semi-detached) represent a smaller segment of the market, but they're often where serious money and serious buyers show up. Done Deals data on landed properties tells you about buyer appetite for larger living space and whether upgraders from condos are moving up or holding tight.
Location matters intensely here. A transaction in one neighbourhood might not mean much for another five minutes away. But when you see a pattern of deals in a particular area, it signals genuine buyer interest, not just one-off sales.
So you've got this data. What do you actually do with it? Here's the practical takeaway:
Singapore's property market rewards people who pay attention. The Done Deals data is free information if you know where to look. Use it. It's the difference between making a property decision based on feeling and making one based on fact.
25 years experience · 1,000+ transactions · 4,379 TOP units managed
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