Preliminary data released on October 1 indicates a continuing downward trend in the Housing and Development Board (HDB) resale market in Singapore. Resale prices experienced a 0.2 percent decrease, marking the third consecutive quarterly decline. This drop comes despite the recent removal of the 15-month wait-out period for sellers, a policy change intended to potentially stimulate the market. The sustained decrease suggests other factors are currently outweighing the impact of the policy adjustment. Analysts are closely watching further developments to determine if this trend will continue in the coming months. The data provides insight into the current state of public housing affordability in Singapore. Further detailed reports are expected to provide a more comprehensive analysis of the HDB resale market.