Thursday 7 January 2016

Flash Estimate of 4th quarter 2015 Resale Price Index - HDB

HDB’s flash estimate of the 4th Quarter 2015 Resale Price Index (RPI) is 134.9, an increase of 0.2% over the 3rd Quarter 2015 RPI (seeAnnexes A1 and A2). Based on the flash estimate, the decline in resale flat prices for the whole of 2015 is 1.5%.

2     The RPI provides information on the general price movements in the resale public housing market. The transacted prices of individual flats (by block and flat type) can be found on HDB’s InfoWEB (online enquiry).

3     The RPI for the full quarter and more detailed public housing data for 4th Quarter 2015 will be released on 22 January 2016.

Upcoming Sales Launches
4     In 2016, HDB plans to launch about 18,000 flats, an increase of about 3,000 units from the 15,100 units in 2015.  This is to meet the expected demand due to recent policy changes.  The first Build-To-Order (BTO) exercise will be held in February where about 4,150 flats in Bidadari, Bukit Batok and Sengkang will be offered.  More information on the flats to be offered under the February 2016 BTO exercise is available on the HDB InfoWEB.

Published Date: 04 Jan 2016
Source: HDB