HDB Resale Price Index Increases 2.5% over 3rd Quarter

Date issued : 02 Jan 2013

 HDB’s flash estimate of the 4th Quarter 2012 Resale Price Index (RPI) is 202.9, a 2.5% increase over 3rd Quarter 2012 (see Annexes A-1 (PDF 8KB) and A-2  (PDF 19KB)).

2The RPI provides information on the general price movements in the public residential market. Transacted prices of individual flats (by block and flat type) can be found on HDB’s website and detailed online enquiries can be made at http://services2.hdb.gov.sg/webapp/BB33RTIS/BB33PReslTrans.jsp

3The RPI for the full quarter and more detailed public housing data for 4th Quarter 2012 will be released on 25 January 2013.

Upcoming New Flat Supply

4In 2012, HDB offered a record number of 34,237 new flats comprising 27,084 new flats under the Build-To-Order (BTO) system and 7,153 balance flats under the Sales of Balance Flats Exercise.

5HDB had earlier announced that at least 20,000 BTO flats are planned for 2013. HDB is finalising its building plans for 2013 and will now target to launch at least 23,000 BTO flats. These projects will have a good geographical spread in various towns/estates. The first batch of 3,346 BTO flats in Choa Chu Kang, Yishun, Hougang, Tampines, Kallang Whampoa, and Ang Mo Kio will be offered for sale later this month. More details will be given at the launch of the BTO exercise.