Release of 1st Quarter 2013 Public Housing Data
Date issued : 26 Apr 2013

 This press release provides the housing data for the HDB resale and rental markets in 1st Quarter 2013.

HDB Resale Market

2The Resale Price Index (RPI) rose 1.3% from 202.9 in 4th Quarter 2012 to 205.5 in 1st Quarter 2013 (see Annex A (PDF 21KB)). This is lower than the 2.5% growth in the previous quarter.

3Resale transactions fell 23% from 5,631 cases in 4th Quarter 2012 to 4,335 cases in 1st Quarter 2013 (see Annex B (PDF 9KB)).

4The median resale prices and Cash-Over-Valuation (COV) amounts in the various towns are tabulated in Annexes C (PDF 17KB) and D (PDF 17KB).

HDB Rental Market

5The median subletting rents in the various towns in 1st Quarter 2013 are tabulated in Annex E (PDF 16KB).

6Subletting transactions rose 15% from 6,443 cases in 4th Quarter 2012 to 7,410 cases in 1st Quarter 2013 (see Annex F (PDF 9KB)). The total number of HDB flats approved for subletting rose 1.8% from 43,508 units in 4th Quarter 2012 to 44,274 units in 1st Quarter 2013.

Upcoming Supply

7HDB will launch 25,000 Build-To-Order (BTO) flats in 2013, out of which 7,244 units have already been launched in 1st Quarter 2013.

8In the upcoming May 2013 BTO exercise, HDB will offer 4,850 BTO flats for sale in Choa Chu Kang, Hougang, Jurong West, Sembawang, and Woodlands. An additional 3,000 flats will be offered in a concurrent Sale of Balance Flats exercise. The details will be available on the HDB InfoWEB when HDB launches the sales exercises.