NETIZENS BETTING WHEN HDB PRICE WILL EXCEED S$2M AFTER RECENT RECORD DEAL

Just saw the news—a 5-room flat at City Vue @ Henderson (96A Henderson Road) just went for S$1.73 million (approx. S$1,421 psf) last month.

That’s a massive jump from the previous S$1.7M record at Dawson just two months ago. We are officially in the “S$1.7M era” now. Despite HDB’s flash estimates saying the Resale Price Index dipped 0.1% in Q1 2026 (the first drop in 7 years), these “trophy flats” in Redhill and Queenstown seem to be living in a different dimension.

At this rate, we’re only S$270k away from the S$2M mark.

The Betting Pool is Open:

1. The “To the Moon” Crowd: End of 2026. Probably a Jumbo flat in Ang Mo Kio or a high-floor Pinnacle@Duxton unit that someone really wants.
2. The “Cooling Measure” Believers: 2028 or later. Surely the government will drop a tactical nuke (cooling measures) before it hits $2M to avoid the optics?
3. The “Market Crash” Hopefuls: Never. The Q1 2026 dip is the start of the bubble bursting. (Copium?)

Why it might happen sooner than we think:

• Greater Southern Waterfront (GSW) hype: Henderson and Dawson units have unblocked views of the future GSW.
• Cash Over Valuation (COV): If someone is willing to pay S$1.73M, they probably don’t care about a bit more COV.

What do you guys think? Are we looking at a S$2M HDB by Christmas, or is the market finally cooling down for real?