HDB resale prices fall 1.3% in Q4

In the latest flash estimates released by the Housing and Development Board (HDB) yesterday, the Resale Price Index (RPI) fell 1.3 per cent to 202.1 for the final quarter of last year. Previously, it had fallen 0.9 per cent from a record high of 206.6 in the second quarter of last year.

The 1.3 per cent fall was the RPI’s sharpest decline since the second quarter of 2005, when the index fell 4.8 per cent to 101.6 due to anti-cash-back measures aimed at stopping buyers and sellers from inflating prices to facilitate higher loans.

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Syllabus on character, citizenship education launched

This is part of the new Character and Citizenship Education (CCE) syllabus that was introduced yesterday. Parents will also have an active role to play as key chapters will have “family time” activities, where students are encouraged to share what they have learnt in school with their parents.

The CCE, which was launched by Education Minister Heng Swee Keat at Rivervale Primary, will be introduced this year in stages in Pri 1 and 2 and secondary schools, before being extending to Pri 3 to Pri 6 next year.

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