Condo vs HDB: The Estates With the Smallest (and Widest) Price Gaps

With new launch condos both pricier and more compact, it’s no surprise that some buyers are weighing resale flats as an alternative. In 2025, a two-bedder condo can cost upwards of $1.7 million, enough to buy a central five-room flat. But the condo-HDB price gap isn’t uniform. It can vary sharply by town, unit type, and even the age of the project.

In this study, we analysed resale and sub-sale condo transactions alongside HDB resale deals from 2024 to mid-2025. The result: a breakdown of the price gap estate by estate. If you’re deciding between a condo or flat in a particular location, this comparison will show you where a resale HDB may represent better value, or where the gap is surprisingly narrow.

Let’s start by looking at the general price difference between condos and resale flats over the past decade