Published Date: 27 Jul 2018
This press release provides the data for the HDB resale and rental market in 2nd Quarter 2018.
HDB Resale Market
2 The RPI rose slightly by 0.1%, from 131.6 in 1st Quarter 2018 to 131.7 in 2nd Quarter 2018 (see Annex A).
3 Resale transactions rose by 33.3%, from 4,458 cases in 1st Quarter 2018 to 5,941 cases in 2nd Quarter 2018 (see Annex B).
4 The median resale prices in the various towns in 2nd Quarter 2018 are tabulated in Annex C.
HDB Rental Market
5 The median rents in the various towns in 2nd Quarter 2018 are tabulated in Annex D.
6 The number of approved applications to rent out HDB flats rose by 2.6%, from 11,721 cases in 1st Quarter 2018 to 12,024 cases in 2nd Quarter 2018 (see Annex E). Compared to 2nd Quarter 2017, the number of approved applications to rent out HDB flats in 2nd Quarter 2018 was 10.0% higher. As at 30 Jun 2018, there were 54,896 HDB flats rented out, an increase of 1.0% over 31 Mar 2018 (54,329 units).
Upcoming Sales Launch
7 In 1H2018, HDB had offered 11,373 flats, comprising 7,634 Build-to-Order (BTO) flats and 3,739 balance flats. In Aug 2018, HDB will offer another 4,300 BTO flats in Punggol and Yishun. A concurrent Re-Offer of Balance Flats exercise will also be held. More information on the BTO flats is available on the HDB InfoWEB.