• Published Date: 24 Apr 2015

         This press release provides the data for the HDB resale and rental markets in 1st Quarter 2015.

     

    HDB Resale Market

     

    2      The Resale Price Index fell by 1.0%, from 137.0 in 4th Quarter 2014 to 135.6 in 1st Quarter 2015 (see Annex A).

     

    3      Resale transactions decreased by 10.8%, from 4,635 cases in 4th Quarter 2014 to 4,135 cases in 1st Quarter 2015 (see Annex B).

     

    4      The median resale prices in the various towns are tabulated in Annex C.

     

    HDB Rental Market

     

    5      The median subletting rents in the various towns in 1st Quarter 2015 are tabulated in Annex D.

     

    6      The number of applications approved for subletting of HDB flat has increased slightly by 0.2%, from 10,365 cases in 4th Quarter 2014 to 10,385 cases in 1st Quarter 2015 (see Annex E). As at 31 Mar 2015, the total number of HDB flats being sublet was 48,338 units, an increase of 0.5% over 4Q2014 (48,120 units).

     

    Upcoming Sales Launches

     

    7      HDB had offered 3,995 flats for sale under the Feb 2015 Build-To-Order (BTO) exercise. In the upcoming May 2015 BTO exercise, HDB will offer about 4,040 new flats in Clementi, Punggol, Sembawang and Tampines. An additional 5,000 flats will be offered in a concurrent Sale of Balance Flats exercise. More details will be available on the HDB InfoWEB closer to the launch of the sale exercises.