Prices of resale flats fell by 1.6 per cent on-quarter in the third quarter of 2014, according to flash estimates from the Housing and Development Board.
HDB on Wednesday (Oct 1) announced that its flash estimate of the 3rd Quarter 2014 Resale Price Index (RPI) is 192.5, a decline of 1.6 per cent over the previous three months.
The RPI for the full quarter and more detailed public housing data will be released on Oct 24.
In its press release, HDB noted that about 4,290 BTO flats in Sembawang, Sengkang, Tampines and Yishun will be offered in November. In addition, about 3,000 flats will be offered in a concurrent Sale of Balance Flats exercise.
Source : Channel NewsAsia – 1 Oct 2014