HDB's estimate of third-quarter Resale Price Index drops 1.6 per cent

SINGAPORE - The Housing Board released its flash estimate of the Resale Price Index (RPI) for the third quarter of this year on Wednesday. It was 192.5, a decline of 1.6 per cent over the previous quarter.

The RPI provides information on the general price movements in the resale public housing market. The transacted prices of individual flats can be found on the HDB's website.

The RPI for the full quarter and more detailed public housing data for the third quarter will be released on Oct 24.

In November, the HDB will offer about 4,290 Build-To-Order (BTO) flats in Sembawang, Sengkang, Tampines and Yishun. In addition, about 3,000 flats will be offered in a concurrent Sale of Balance Flats exercise.

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