The Housing and Development Board (HDB) Resale Price Index (RPI) provides a comprehensive insight into the trends of Singapore’s property market. The index is based on the latest HDB resale transactions and helps to track the movements of public housing prices.
What is the HDB Resale Price Index?
The HDB Resale Price Index is an index that tracks the movements of public housing prices in Singapore. It is based on the latest HDB resale transactions and provides a comprehensive insight into the trends of Singapore’s property market.
The index is calculated on a quarterly basis and is based on the median resale prices of HDB flats sold in the preceding quarter. The index is used to measure the changes in the prices of HDB flats over time.
How does the HDB Resale Price Index work?
The HDB Resale Price Index works by tracking the movements of public housing prices in Singapore. The index is calculated on a quarterly basis and is based on the median resale prices of HDB flats sold in the preceding quarter.
The index is used to measure the changes in the prices of HDB flats over time. The index is calculated using the latest HDB resale transactions and provides a comprehensive insight into the trends of Singapore’s property market.
What are the benefits of the HDB Resale Price Index?
The HDB Resale Price Index provides a comprehensive insight into the trends of Singapore’s property market. It is a useful tool for buyers and sellers of HDB flats to assess the current market value of HDB flats.
The index also provides a useful reference for property developers who are looking to understand the current market trends for HDB flats.
Conclusion
The HDB Resale Price Index is a useful tool for buyers and sellers of HDB flats to assess the current market value of HDB flats. The index provides a comprehensive insight into the trends of Singapore’s property market and is a useful reference for property developers who are looking to understand the current market trends for HDB flats.