Record Pressure Index
The Record Pressure Index (RPI) is an indicator developed by HDB Insights to show how close current resale prices are to the highest price ever recorded for a specific flat…
Glossary
HDB Valuation
HDB valuation refers to the official estimated market value of a Housing and Development Board flat during a resale transaction. The valuation is conducted by a professional valuer appointed through…
Singapore Permanent Resident Quota
The Singapore Permanent Resident (SPR) quota is a rule that limits the number of households with permanent resident status allowed within a public housing block or neighbourhood. The policy applies…
Town Level Median
Town Level Median refers to the typical resale price of HDB flats within a specific town during a given period. It represents the middle point of all recorded resale transactions…
Voluntary Early Redevelopment Scheme
The Voluntary Early Redevelopment Scheme, commonly known as VERS, is a proposed public housing redevelopment programme in Singapore that allows residents of selected older HDB precincts to collectively decide whether…
Selective En bloc Redevelopment Scheme
The Selective En Bloc Redevelopment Scheme, commonly known as SERS, is a government programme where selected older HDB blocks are acquired and redeveloped into new housing developments. When a block…
Resale Levy
The resale levy is a charge imposed by the Housing & Development Board (HDB) when an owner sells a subsidised HDB flat and later purchases another subsidised HDB flat from…
Mortgage Servicing Ratio
Mortgage Servicing Ratio, commonly known as MSR, is a rule that limits how much of your gross monthly income can be used to repay your home loan when buying an…
Lease Threshold Effect
The Lease Threshold Effect refers to the way resale prices of HDB flats tend to change more sharply when the remaining lease crosses certain psychological or policy related milestones. Instead…
In-Principle Approval (IPA)
In-Principle Approval, commonly known as IPA, is a preliminary loan assessment issued by a bank before you commit to buying a resale HDB flat. It indicates how much the bank…