HDB Resale Price Index 3Q 2013

The HDB Resale Price Index tracks the overall price movement of the public residential market. The index is calculated using resale transactions registered across various towns, flat types and models, with the fourth quarter of 1998 as the base period (i.e. index has a value of 100 in 4Q98). 

The Index is used by comparing how it changes from one period to 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 about 8% over this period. 

PRICE INDEX OF HDB RESALE FLATS

Source: HDB