HDB To Launch 2,000 Sale Of Balance Flats in Aug 2011 & 3,000 More BTO Flats 1 Jul 2011

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HDB’s flash estimate of the 2nd Quarter 2011 Resale Price Index (RPI) is 179.9, an increase of 2.9% over 1st Quarter 2011. This is higher compared to the 1.6% increase in 1st Quarter 2011 (see Annexes A-1 (PDF 8KB) and A-2 (PDF 12KB)).

2 The RPI provides information on the general price movements in the public residential market. Transacted prices of individual flats (by block and flat type) can be found on HDB’s website and detailed online enquiries can be made at http://services2.hdb.gov.sg/webapp/BB33RTIS/BB33PReslTrans.jsp

3 The RPI for the full quarter and more detailed public housing data for 2nd Quarter 2011 will be released on 22 July 2011.

Upcoming Sales Launches

4 HDB is on track to offer 22,000 Build-to-Order (BTO) flats by Sep 2011, and another 3,000 BTO flats in the last quarter of 2011. Prospective buyers can check the HDB website for details of the projects scheduled for sale from July to Sep 2011.

5 To further enhance the supply for 3rd Quarter 2011, HDB plans to launch 2,000 flats under a Sale of Balance Flats Exercise scheduled in Aug 2011. This exercise will offer some flats in the mature estates. Information about the locations and flat types will be made available at the point of launch.

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