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Flash Estimate of 2nd Quarter 2015 Resale Price Index

  • Published Date: 01 Jul 2015

         HDB’s flash estimate of the 2nd Quarter 2015 Resale Price Index (RPI) is 135.0, a decline of 0.4% over 1st Quarter 2015 (see Annexes A1 and A2) .

     

    2      The RPI provides information on the general price movements in the resale public housing market. The transacted prices of individual flats (by block and flat type) can be found on HDB’s InfoWEB (online enquiry).

     

    3      The RPI for the full quarter and more detailed public housing data for 2nd Quarter 2015 will be released on 24 July 2015.

     

    Further Tapering of BTO Flat Supply in 2015

     

    4      As the HDB resale market stabilises, HDB will further taper the Build-To-Order (BTO) flat supply in 2015, to 15,000 flats. HDB will augment this with over 9,000 balance flats offered under the Sale of Balance Flats (SBF) exercises in 2015, to ensure adequate flat supply to meet the demand.

     

    5      In 1H2015, HDB had offered 8,039 flats in two BTO exercises and 5,387 flats in a SBF exercise. HDB will offer another 4,860 BTO flats in Bidadari and Punggol Northshore by Sep 2015. About 4,000 flats will be offered in a concurrent SBF exercise.