Date issued : 26 Jul 2013
This press release provides the housing data for the HDB resale and rental markets in 2nd Quarter 2013.
HDB Resale Market
2The Resale Price Index (RPI) rose slightly by 0.5% from 205.5 in 1st Quarter 2013 to 206.6 in 2nd Quarter 2013 (see Annex A (PDF 26KB)). This is lower than the 1.3% growth in the previous quarter and the lowest quarterly growth since 1st Quarter 2009.
3Resale transactions increased by 21% from 4,335 cases in 1st Quarter 2013 to 5,235 cases in 2nd Quarter 2013 (see Annex B (PDF 10KB)).
4The median resale prices and Cash-Over-Valuation (COV) amounts in the various towns are tabulated in Annex C (PDF 18KB) and Annex D (PDF 17KB).
HDB Rental Market
5The median subletting rents in the various towns in 2nd Quarter 2013 are tabulated in Annex E (PDF 17KB).
6Subletting transactions rose 6% from 7,410 cases in 1st Quarter 2013 to 7,891 cases in 2nd Quarter 2013 (see Annex F (PDF 9KB)). The total number of HDB flats approved for subletting rose 1.0% from 44,274 units in 1st Quarter 2013 to 44,706 units in 2nd Quarter 2013.
Upcoming Sales Launches
7In the first half of 2013, HDB offered 12,144 new flats under its Build-To-Order (BTO) exercises and another 3,100 flats under a Sale of Balance Flats exercise. The HDB is on track to launch 25,000 BTO flats for the whole of 2013.
8In Jul 2013, HDB will offer about 3,800 BTO flats in Bukit Merah, Sengkang, and Yishun. More information on the flats is available on the HDB InfoWEB. Starting from the Jul 2013 BTO exercise, eligible single Singapore citizens will have an additional housing option of buying a 2-room new flat in the non-mature estates.
Sourced from : http://www.hdb.gov.sg