This press release provides the data for the HDB resale and rental market in 2nd Quarter 2021.

HDB Resale Market

2 The Resale Price Index (RPI) for 2nd Quarter 2021 is 146.4, an increase of 3.0% over that in 1st Quarter 2021 (see Annex A).

3 Resale transactions fell by 6.8%, from 7,581 cases in 1st Quarter 2021 to 7,063 cases in 2nd Quarter 2021 (see Annex B). Compared to 2nd Quarter 2020, resale transactions in 2nd Quarter 2021 were 106.2% higher, arising from circuit breaker measures implemented from 7 April to 1 June 2020.

4 The median resale prices in the various towns in 2nd Quarter 2021 are tabulated in Annex C.

HDB Rental Market

5 The median rents in the various towns in 2nd Quarter 2021 are tabulated in Annex D.

6 The number of approved applications to rent out HDB flats rose by 2.8%, from 10,676 cases in 1st Quarter 2021 to 10,979 cases in 2nd Quarter 2021 (see Annex E). Compared to 2nd Quarter 2020, the number of approved applications in 2nd Quarter 2021 was 4.2% higher. As at the end of 2nd Quarter 2021, there were 57,755 HDB flats rented out, a decrease of 0.7% over the previous quarter (58,171 units).

Upcoming Sales Launches

7 In August 2021, HDB will offer about 4,900 Build-To-Order (BTO) flats in Hougang, Jurong East, Kallang Whampoa, Queenstown and Tampines. In November 2021, HDB will offer about 3,100 to 3,600 BTO flats in Choa Chu Kang, Hougang, Jurong West, Kallang Whampoa and Tengah. More information on the BTO flats is available on the HDB InfoWEB. As the COVID-19 pandemic is evolving, HDB is monitoring the situation, and will make adjustments where necessary.

Release of 2nd Quarter 2021 Public Housing Data