The HDB resale market is showing signs of stabilising, said National Development Minister Khaw Boon Wan. Speaking in Parliament on Wednesday, Mr Khaw said the yearly Resale Price Index (RPI) growth has gone down from 14.1 per cent in 2010 to 10.7 per cent last year. And in the first nine months of this year, the figure stood at 3.9 per cent. However, Mr Khaw said an uptick in quarterly RPI growth to two...
HDB Resale
Singapore's private home prices in the third quarter rose 0.6 per cent from the previous quarter. This is the highest rate of increase this year compared to the 0.1-per cent drop in the first quarter and the 0.4-per cent increase in the second quarter. It was also higher than the flash estimate of 0.5 per cent released earlier this month. Meanwhile, resale prices of Housing & Development Board (HDB)...
Strong housing demand and a buoyant resale market have pushed up the resale prices of public housing flats by 2 per cent in the third quarter of 2012 over the second quarter. The Housing and Development Board (HDB) said on Monday that its flash estimate of the 3rd Quarter 2012 Resale Price Index (RPI) stood at 197.9. This was the sharpest increase so far this year for the RPI, which tracks the general...
Resale prices for HDB flats are showing signs of picking up, with latest data pointing to a 2-per-cent rise in the last two months, according to the Singapore Real Estate Exchange (SRX). The median resale price for HDB flats islandwide increased to S$438,800 in the last two months from S$430,000 in the first quarter of the year, the SRX said yesterday. The SRX is a consortium of 11 leading property...
EUGENE LIM reckons the current huge base of upgraders, downgraders and PRs is likely to grow and prop up demand for resale HDB flats THE HDB resale market has been sizzling of late. In fact, prices have hit their highest level since 1990 when the Housing & Development Board started tracking resale HDB flat prices through its quarterly resale price index. Prices of resale HDB flats rose 3.9 per cent...