Flash Estimate of 2nd quarter 2012 HDB Resale Price Index

HDB’s flash estimate of the 2nd Quarter 2012 Resale Price Index (RPI) is 194.0, an increase of 1.3% over 1st Quarter 2012 (see Annexes A-1 and A-2).

The RPI provides information on the general price movements in the public residential market. Transacted prices of individual flats (by block and flat type) can be found on HDB’s website and detailed online enquiries can be made at this link.

The RPI for the full quarter and more detailed public housing data for 2nd Quarter 2012 will be released on 27 July 2012.

Upcoming Sales Launches

HDB is committed to offer 25,000 Build-To-Order (BTO) flats in 2012. In 1H2012, HDB had offered 12,703 flats under BTO exercises and 3,825 flats under a Sale of Balance Flats exercise.

In July 2012, HDB will be offering about 5,200 new flats for sale in Bedok, Bukit Merah, Choa Chu Kang, Clementi, Geylang, and Punggol. Information on the upcoming July 2012 BTO exercise is available on the HDB InfoWEB.

Source: HDB Press Release.

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