HDB Prices

Fewer Housing and Development Board (HDB) flats were sold in the resale market in the first quarter of this year amid the COVID-19 outbreak, official figures released on Friday (Apr 24) showed. A total of 5,893 flats were sold in the January to March period, a decline of 7 per cent from the 6,339 flats sold in the fourth quarter of last year. However, when compared on a year-on-year basis, the number...

HDB resale prices rose 0.1 per cent in August from July, according to flash estimates by real estate portal SRX Property on Thursday. August is the first full month since surprise measures aimed at cooling the private residential market took effect in early July. But it is also traditionally a quieter month, as it coincides with the month-long Hungry Ghost Festival. Prices in August have dipped 1.7...

The Resale Price Index (RPI) for HDB flats for the full year of 2013 has dropped 0.6 per cent, the first annual decline since 2005. Data released by the Housing and Development Board (HDB) showed that the RPI fell 1.5 per cent from 204.8 in the third quarter of 2013 to 201.7 in the fourth quarter of 2013. The number of resale transactions for the full year of 2013 dropped 28 per cent to 18,100 -- the...

Prices of resale Housing and Development Board (HDB) flats rose 3.8 per cent in the fourth quarter of 2009, reaching the highest level since 1990, when records of such data began. The Resale Price Index of public flats stood at 150.7 in the fourth quarter of last year. But some said that spiralling prices will not deter potential buyers. Despite the record high prices, one real estate consultant said...

Prices of Housing and Development Board (HDB) flats are at their highest on record. According to preliminary estimates from the HDB on Monday, the Resale Price Index of public flats stood at 150.7 in the fourth quarter of 2009 – highest on record since data was compiled in 1990. Estimates show that prices of resale flats rose 3.8 per cent in the last three months of 2009, the fastest pace of growth...

Public flats will continue to appreciate in value as long as the Singapore economy continues to grow. And with limited space, the future of public housing looks set to go up - with more skyscraper flats to be built. Minister Mentor Lee Kuan Yew said this as he launched The Pinnacle@Duxton, which at 50 storeys, is the tallest HDB development in Singapore. The first rental HDB blocks in Tanjong Pagar were...

IN WHAT appears to be confidence that the green shoots of the economic recovery are slowly bearing fruit, prices of resale Housing and Development Board (HDB) flats have hit a record high in the second quarter, and property agents say this is leading to a renewed climb in the cash-over-valuation (COV) for the secondary market transactions. The HDB reported on Friday that its resale price index rose 1.4...

The resale prices of HDB flats rose by 1.4 per cent in the second quarter of 2009, higher than an initial estimate of a 1.2 per cent increase made earlier this month. This comes after a slight drop of 0.8 per cent in the three months ending March. Resale transactions also increased, jumping from 6,400 cases in the first quarter to 10,000 cases in the second quarter. The median cash-over-valuation (COV)...

Property agents said on Tuesday that flat prices in opposition-held wards, Hougang and Potong Pasir, are likely to rise if they are selected for lift upgrading. This is after the government announced on Monday that the two are among the 65 precincts in Singapore that are eligible for the popular improvement programme this financial year. Selected precincts will be announced in two to three months. Once...

National Development Minister Mah Bow Tan said the HDB resale market is stable despite prices rising 1.2 per cent between April and June. Market watchers had expected HDB prices to continue to slide with recessionary pressures. Although HDB resale prices have risen in the last quarter, Mr Mah said there is no real cause for concern for now as long as there are no wild fluctuations in price movements and...