Kalpana Rashiwala | The Business Times | Friday, Apr 26, 2013

SINGAPORE – Housing & Development Board’s resale flat price index rose 1.3 per cent in the first quarter of 2013 from the preceding quarter. This compares with the 1.2 per cent rise for Q1 reflected in HDB’s flash estimate released on April 1.

 


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Here is the press release from HDB:

HDB Resale Market

The Resale Price Index (RPI) rose 1.3 per cent from 202.9 in 4th Quarter 2012 to 205.5 in 1st Quarter 2013. This is lower than the 2.5 per cent growth in the previous quarter.

Resale transactions fell 23 per cent from 5,631 cases in 4th Quarter 2012 to 4,335 cases in 1st Quarter 2013.

HDB Rental Market

Subletting transactions rose 15 per cent from 6,443 cases in 4th Quarter 2012 to 7,410 cases in 1st Quarter 2013.

The total number of HDB flats approved for subletting rose 1.8 per cent from 43,508 units in 4th Quarter 2012 to 44,274 units in 1st Quarter 2013.

Upcoming Supply

HDB will launch 25,000 Build-To-Order (BTO) flats in 2013, out of which 7,244 units have already been launched in 1st Quarter 2013.

In the upcoming May 2013 BTO exercise, HDB will offer 4,850 BTO flats for sale in Choa Chu Kang, Hougang, Jurong West, Sembawang, and Woodlands. An additional 3,000 flats will be offered in a concurrent Sale of Balance Flats exercise. The details will be available on the HDB InfoWEB when HDB launches the sales exercises.

– See more at: http://bizadm.asiaone.com/news/property/hdb-resale-transactions-drop-all…

Here is the press release from HDB:

HDB Resale Market

The Resale Price Index (RPI) rose 1.3 per cent from 202.9 in 4th Quarter 2012 to 205.5 in 1st Quarter 2013. This is lower than the 2.5 per cent growth in the previous quarter.

Resale transactions fell 23 per cent from 5,631 cases in 4th Quarter 2012 to 4,335 cases in 1st Quarter 2013.

HDB Rental Market

Subletting transactions rose 15 per cent from 6,443 cases in 4th Quarter 2012 to 7,410 cases in 1st Quarter 2013.

The total number of HDB flats approved for subletting rose 1.8 per cent from 43,508 units in 4th Quarter 2012 to 44,274 units in 1st Quarter 2013.

Upcoming Supply

HDB will launch 25,000 Build-To-Order (BTO) flats in 2013, out of which 7,244 units have already been launched in 1st Quarter 2013.

In the upcoming May 2013 BTO exercise, HDB will offer 4,850 BTO flats for sale in Choa Chu Kang, Hougang, Jurong West, Sembawang, and Woodlands. An additional 3,000 flats will be offered in a concurrent Sale of Balance Flats exercise. The details will be available on the HDB InfoWEB when HDB launches the sales exercises.

– See more at: http://bizadm.asiaone.com/news/property/hdb-resale-transactions-drop-all…

Here is the press release from HDB:

HDB Resale Market

The Resale Price Index (RPI) rose 1.3 per cent from 202.9 in 4th Quarter 2012 to 205.5 in 1st Quarter 2013. This is lower than the 2.5 per cent growth in the previous quarter.

Resale transactions fell 23 per cent from 5,631 cases in 4th Quarter 2012 to 4,335 cases in 1st Quarter 2013.

HDB Rental Market

Subletting transactions rose 15 per cent from 6,443 cases in 4th Quarter 2012 to 7,410 cases in 1st Quarter 2013.

The total number of HDB flats approved for subletting rose 1.8 per cent from 43,508 units in 4th Quarter 2012 to 44,274 units in 1st Quarter 2013.

Upcoming Supply

HDB will launch 25,000 Build-To-Order (BTO) flats in 2013, out of which 7,244 units have already been launched in 1st Quarter 2013.

In the upcoming May 2013 BTO exercise, HDB will offer 4,850 BTO flats for sale in Choa Chu Kang, Hougang, Jurong West, Sembawang, and Woodlands. An additional 3,000 flats will be offered in a concurrent Sale of Balance Flats exercise. The details will be available on the HDB InfoWEB when HDB launches the sales exercises.

– See more at: http://business.asiaone.com/news/property/hdb-resale-flat-price-index-13-q1#sthash.78Jdqg3W.dpuf