SINGAPORE: Prices of resale flats for the third quarter of 2018 declined 0.2 per cent, according to flash estimates released by the Housing and Development Board (HDB) on Monday (Oct 1).
The resale price index - which provides information on the general price movements in the resale public housing market - is estimated to have slid to 131.5 from 131.7.
AdvertisementThe resale price index for the full quarter will be released on Oct 26.
HDB also announced that it will launch about 3,800 Build-to-Order (BTO) flats for sale in Sembawang, Sengkang, Tampines, Tengah and Yishun in the November sales exercise.
Those who buy the Sengkang and Yishun BTO flats will have a shorter waiting time of two-and-a-half years, instead of the usual three to four years, HDB said.
There will also be a concurrent Sale of Balance Flats exercise.
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