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Resale price index of public housing in Singapore slips

Blocks of HDB flats in Singapore.

THE HDB Resale Price Index (RPI) fell by 0.1 per cent to 133.7 in the second quarter, from 133.9 in the first quarter.

A year ago, the index stood at 134.7, the Housing & Development Board (HDB) said on Friday.

Resale transactions rose by 32.5 per cent to 6,001 cases, compared to 4,530 cases in the preceding quarter.

In August 2017, HDB will offer about 3,850 Build-To-Order (BTO) flats in Bukit Batok and Sengkang, and 1,394 unsold balance flats under the first Re-Offer of Balance Flats (ROF) exercise.

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