Resale Price Index
 


The HDB Resale Price Index tracks the overall price movement of the public residential market. The index is calculated using resale transactions registered across towns, flat types and models, with the first quarter of 2009 as the base period (i.e. index has value 100 in 1Q2009).

The Index is used by comparing how it changes from one period from another. For example, if the index increases from 100 to 108 in one year, it means that on the whole, HDB resale flat prices increased by 8% over this period.

Resale Price Index from 1st Quarter 1990 to 2nd Quarter 2015 (Flash Estimate)
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Year
Quarter
Index
% Change from Previous Quarter
2015
II (Flash Estimate)
135.0
-0.4%
I
135.6
-1.0%
2014
IV
137.0
-1.5%
III
139.1
-1.7%
II
141.5
-1.4%
I
143.5
-1.6%
2013
IV
145.8
-1.6%
III
148.1
-0.9%
II
149.4
0.5%
I
148.6
1.3%
2012
IV
146.7
2.5%
III
143.1
2.0%
II
140.3
1.3%
I
138.5
0.6%
2011
IV
137.7
1.7%
III
135.4
3.8%
II
130.4
3.2%
I
126.4
1.6%
2010
IV
124.4
2.6%
III
121.3
4.0%
II
116.6
4.0%
I
112.1
2.8%
2009
IV
109.0
3.8%
III
105.0
3.6%
II
101.4
1.4%
I
100.0
-0.8%
2008
IV
100.8
1.4%
III
99.4
4.2%
II
95.4
4.5%
I
91.3
3.7%
2007
IV
88.0
5.8%
III
83.2
6.5%
II
78.1
3.0%
I
75.8
1.2%
2006
IV
74.9
0.9%
III
74.2
-0.1%
II
74.3
1.0%
I
73.6
0.1%
2005
IV
73.5
0.4%
III
73.2
-0.4%
II
73.5
-4.8%
I
77.2
0.1%
2004
IV
77.1
1.0%
III
76.3
0.1%
II
76.2
1.2%
I
75.3
0.3%
2003
IV
75.1
1.1%
III
74.3
2.5%
II
72.5
2.1%
I
71.0
1.6%
2002
IV
69.9
0.0%
III
69.9
1.0%
II
69.2
0.1%
I
69.1
-0.7%
2001
IV
69.6
-1.4%
III
70.6
-2.1%
II
72.1
-1.5%
I
73.2
-3.4%
2000
IV
75.8
-2.3%
III
77.6
-2.1%
II
79.3
-1.2%
I
80.3
0.6%
1999
IV
79.8
2.2%
III
78.1
8.2%
II
72.2
1.4%
I
71.2
-1.5%
1998
IV
72.3
-3.5%
III
74.9
-4.3%
II
78.3
-4.2%
I
81.7
-7.2%
1997
IV
88.0
-6.0%
III
93.6
-4.0%
II
97.5
-1.1%
I
98.6
-0.4%
1996
IV
99.0
2.7%
III
96.4
6.1%
II
90.9
12.9%
I
80.5
9.2%
1995
IV
73.7
8.9%
III
67.7
5.9%
II
63.9
11.5%
I
57.3
4.6%
1994
IV
54.8
0.4%
III
54.6
5.6%
II
51.7
2.6%
I
50.4
2.9%
1993
IV
49.0
2.7%
III
47.7
20.5%
II
39.6
31.1%
I
30.2
5.6%
1992
IV
28.6
2.1%
III
28.0
2.2%
II
27.4
6.2%
I
25.8
2.8%
1991
IV
25.1
-0.4%
III
25.2
-1.2%
II
25.5
2.4%
I
24.9
0.8%
1990
IV
24.7
-1.2%
III
25.0
2.5%
II
24.4
0.4%
I
24.3
Notes:

1) The index till 3Q2014 was computed using stratification method, while that from 4Q2014 onwards is computed using the stratified hedonic regression method.
2) Indices from 1Q1990 to 3Q2014 are re-scaled using a factor of 100 (new index in 1Q2009) / 138.3 (original index in 1Q2009) multiplied on the original index level to derive the re-based index level for the respective quarters. Due to rounding, there could be some differences in the quarterly price change compared to the RPI series before re-scaling.
3) The index for 2Q2015 is a flash estimate.


Click on picture to view full chart:

RPIchart2Q15FlashEstSmall



Last Updated on 01 Jul 2015