HDB resale prices down 0.6% in Q3

Keshia Faculin2 Oct 2017


Singapore HDB flats (Photo: Google maps)

Prices of HDB resale flats fell 0.6 percent to 132.9 in the third quarter of 2017, revealed flash estimates of the Resale Price Index (RPI).

This comes after resale flat prices dipped by 0.1 percent to 133.7 in the second quarter, and by 0.5 percent to 133.9 in the first quarter.

HDB revealed that more detailed data for Q3 2017 will be released on 27 October.

Published every quarter, the RPI “provides information on the general price movements in the resale public housing market,” it said.

Meanwhile, about 4,800 Build-To-Order (BTO) flats will be launched for sale in the November 2017 BTO exercise, bringing the total BTO flat supply for the year to around 17,500 units.


This article was edited by Keshia Faculin.


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