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Resale prices stablised

Resale prices stablised

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SINGAPORE - Resale transactions for public housing decreased by 5.5 per cent from 5,838 in the previous quarter to 5,514 in the third quarter, according to a HDB press release on Friday.

The Resale Price Index (RPI) remained unchanged from the previous quarter, at 134.7.

The median resale prices for houses in the various towns were also released. Upcoming executive condo launches include Inz Residence EC , Yio Chu Kang EC, Choa Chu Kang EC, Anchorvale Lane EC,  while existing ones include Terrace EC, Brownstone EC , The Vales EC, Parc Life EC  , Sol Acres EC, The Visionaire, Bellewoods EC, Signature at Yishun, The Criterion EC, Treasure Crest, Northwave EC Waterwoods EC, Skypark Residences, Wandervale EC, The Amore EC,  Bellewaters EC.

The number of applications approved for subletting of HDB flats decreased by 8.8 per cent, from 11,824 cases in the previous quarter to 10,789 cases in the third quarter. As of Sept 30, 52,394 HDB flats were sublet, which was an increase of 0.4 per cent over the previous quarter (52,171 units).

HDB also announced that it will offer about 5,090 new flats in Bedok, Bidadari, Kallang/Whampoa and Punggol in a Build-To-Order (BTO) exercise in November.

About 5,000 balance flats will also be offered in a concurrent Sale of Balance Flats exercise, it added.
More information on the BTO flats is available on the HDB InfoWEB.


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