Quit complaining: BTO price hikes have actually eased compared to 2009 figure

It's a 22ppt difference.

According to Ministry of National Development's written reply to a query by Er Dr Lee Wah, since May 2011, BTO (build-to-order) flat prices have stabilized, especially for flats in the non-mature estates.

Here's more from MND:

Er Dr Lee Bee Wah specifically asked what has been the price trend for BTO flats in mature and non-mature estates respectively over the past three years and what is being done to keep prices of BTO flats affordable amidst inflation.

With the stabilization, overall BTO prices have increased by 12% since Jan 2009, despite a larger 34% increase in the HDB Resale Price Index (RPI) over the same period, so 12% versus 34%.

We take affordability fully into account when pricing BTO flats. New flats enjoy generous discounts off market prices. On top of that, eligible first-timer households can get up to $60,000 of housing grants. HDB also offers housing loans at concessionary interest rates to help eligible households finance their flat purchase.

Currently, first-timers buying new flats in non-mature estates used on average, 23% of their monthly income to pay for their housing loans. They are able to pay for their monthly installments fully in CPF, with minimal or no cash outlay.