HDB resale prices remain unchanged in Q2 despite more transactions

HDB resale prices remain unchanged in Q2 despite more transactions

SINGAPORE - Resale prices of Housing & Development Board (HDB) flats were unchanged in the second quarter of the year compared to the previous quarter, according to statistics released by the HDB today (July 22).

This is despite a 31.2 per cent increase in the number of transactions, from 4,449 to 5,838.

The Resale Price Index, which provides information on the general price movements in the resale public housing market, for both the first and second quarters stood at 134.7.

As at June 30, 52,171 HDB flats were sublet, an increase of 2.2 per cent from a quarter ago.

In the first half of the year, the HDB offered 13,110 flats, comprising 7,940 Build-To-Order (BTO) flats and 5,170 balance flats.

In August 2016, the HDB will offer about 4,800 BTO flats in Hougang, Sembawang, Tampines and Yishun.

More information on the August 2016 BTO exercise can be found on the HDB's website.

huizhen@sph.com.sg

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