Google

ASEANAFFAIRS
Sign up | Log in

    ASEAN PROFILES

  ASEAN KEY DESTINATIONS

Home  >>   Daily News  >>Singapore>>Infrastructure>>HDB resale transactions jump 32.5% in Q2, despite prices remaining flat
NEWS UPDATES Asean Affairs    July 31, 2017  












HDB resale transactions jump 32.5% in Q2, despite prices remaining flat

SINGAPORE: The resale market for Housing and Development Board (HDB) flats saw a jump in the number of transactions last quarter, despite prices remaining mostly unchanged, according to figures released by HDB on Friday (Jul 28).

Resale transactions rose 32.5 per cent in the April to June period, rising from 4,530 cases to 6,001 cases. Prices fell by just 0.1 per cent, with the Resale Price Index inching down from 133.9 to 133.7 in the second quarter.

More home owners also sublet their flats, with the number of approved subletting applications rising by 9.5 per cent from 9,981 cases to 10,929 cases.

As of Jun 30, there were 53,540 HDB flats being sublet, an increase of 0.3 per cent from the first quarter.

About 3,850 Build-To-Order (BTO) flats will be launched next month in Bukit Batok and Sengkang, and 1,394 unsold balance flats under the first Re-Offer of Balance Flats (ROF) exercise, HDB said.

The ROF exercise pools together all flats that remain unsold after a Sale of Balance Flats exercise. This is aimed at helping those with more urgent housing needs, or are less particular about location and attributes to have quicker access to a flat, HDB said.

At least 95 per cent of the flats in the ROF exercise will be set aside for first-timer families, and up to 5 per cent for second-timers.


Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates
Contact: marketing@aseanaffairs.com

Comment on this Article. Send them to  your.views@aseanaffairs.com

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
 
or
submit your comment in the box below



 
Today's  Stories                          July 31, 2017 Subsribe Now !
• Foreign investment surges 52% Subcribe: Asean Affairs Global Magazine
• HDB resale transactions jump 32.5% in Q2, despite prices remaining flat
Deal gives UAE more confidence to invest 
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• VN needs policies to boost digital economy: experts 
• Private home prices down for 15th straight quarter; pace of decline eases
Asean Analysis                  July 31,  2017
• Asean Analysis July 31, 2017
A Dramatic Year Fails to Smooth the South China Sea
Advertise Your Brand

Asean Stock Watch    July 31, 2017

• Asean Stock Watch-July 31, 2017
The Biweekly Update
• The Biweekly Update  July 31, 2017

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan

ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


Name

Name


Email

Email



1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2020 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand
asean@aseanaffairs.com