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HDB resale prices rise 0.1% in Q4, down 1.6% for full-year 2015

Friday, January 22, 2016 - 09:05

HDB resale prices rose by 0.1 per cent quarter-on-quarter in Q4 2015, culminating in a full-year decline of 1.6 per cent.

Resale transactions rose by 2 per cent, from 4,893 cases in Q3 to 4,992 cases in Q4.

The number of resale transactions for the full year of 2015 was 19,306, an increase of 11.5 per cent compared to 2014.

On the rental side, the number of applications approved for subletting of HDB flat increased by 6 per cent, from 10,018 cases in Q3 to 10,618 cases in Q4.

As at Dec 31, 2015, 50,264 HDB flats were sublet, an increase of 0.9 per cent over Q3 (49,796 units).

In 2016, HDB plans to launch four build-to-order (BTO) exercises, with a total BTO supply of about 18,000 flats.

"These flats will be spread across a good variety of locations, so that home buyers can choose a flat that best meets their budget and needs," it said.

The first BTO exercise will be held in February where about 4,150 flats in Bidadari, Bukit Batok and Sengkang will be offered.

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