HDB resale prices up 0.1% in Q2

Romesh Navaratnarajah • 1 Jul 2016

Apartment blocks

 View of HDB blocks in Singapore.

Prices of resale HDB flats rose by 0.1 percent in Q2 2016 from the previous three-month period, according to latest flash estimates of the Housing Board’s resale price index (RPI).

This reverses the 0.1 percent fall in the RPI during Q1 2016 from the quarter before.

The RPI provides information on the general price movements in the resale public housing market.

The HDB will release more detailed public housing data for the second quarter on 22 July.

Meanwhile, 5,000 Build-To-Order (BTO) flats in Hougang, Sembawang, Tampines and Yishun will be launched for sale in August this year, said the HDB.

 

Price Index of HDB Resale Flats Q1 2016 v2

Source: HDB

 

Romesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories, email romesh@propertyguru.com.sg

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