HDB eyes launching 25,000 build-to-order flats this year

It has offered 12,144 flats in 1H13.

According to a release, the Resale Price Index (RPI) rose slightly by 0.5% from 205.5 in 1st Quarter 2013 to 206.6 in 2nd Quarter 2013. This is lower than the 1.3%t growth in the previous quarter and the lowest quarterly growth since 1st Quarter 2009.

Resale transactions increased by 21% from 4,335 cases in 1st Quarter 2013 to 5,235 cases in 2nd Quarter 2013.

Subletting transactions rose 6% from 7,410 cases in 1st Quarter 2013 to 7,891 cases in 2nd Quarter 2013. The total number of HDB flats approved for subletting rose 1.0% from 44,274 units in 1st Quarter 2013 to 44,706 units in 2nd Quarter 2013.

In the first half of 2013, HDB offered 12,144 new flats under its Build-To-Order (BTO) exercises and another 3,100 flats under a Sale of Balance Flats exercise. The HDB is on track to launch 25,000 BTO flats for the whole of 2013.