POSTED: 01 Apr 2013 10:49 AM

SINGAPORE

The resale prices of Housing and Development Board (HDB) flats have risen 1.2 per cent in the first quarter of this year over the fourth quarter last year.

In a news release, HDB said this is the lowest quarter-on-quarter growth in the resale prices of its flats since first quarter 2012.

HDB released its flash estimate of the Q1 2013 Resale Price Index (RPI) on Monday morning.

In its statement, HDB also said it will offer 4,850 Build-to-Order flats in Choa Chu Kang, Hougang, Jurong West, Sembawang and Woodlands next month.

An additional 3,000 flats will also be launched in a concurrent Sales of Balance Flats (SBF) exercise.

– CNA/xq