Release Of 4th Quarter 2014 Public Housing Data
This press release provides the data for the HDB resale and rental market in 4th Quarter 2014.
2 The Resale Price Index (RPI) fell by 1.5%, from 139.1 in 3rd Quarter 2014 to 137.0 in the 4th Quarter 2014 (see Annex A, Annex A2). The RPI for the full year of 2014 registered a decline of 6.0%.
3 Resale transactions increased by 2.7%, from 4,513 cases in 3rd Quarter 2014 to 4,635 cases in 4th Quarter 2014. The number of resale transactions for the full year of 2014 was 17,318, a decrease of 4.3% compared to 2013 (see Annex B).
4 The median resale prices in the various towns are tabulated in Annex C.
5 The median subletting rents in the various towns in 4th Quarter 2014 are tabulated in Annex D.
6 Subletting approvals increased by 16.2%, from 8,923 cases in 3rd Quarter 2014 to 10,365 cases in 4th Quarter 2014 (see Annex E). The total number of HDB flats being sublet increased by 0.9%, from 47,707 units in Sep 2014 to 48,120 units in Dec 2014.
7 In 2015, HDB will offer 16,900 Build-To-Order (BTO) flats, which will include flats in new areas such as Bidadari and Punggol Northshore. The BTO exercises will be conducted quarterly from February 2015. More information on the flats to be offered under the February 2015 BTO exercise is available on the HDB InfoWEB.