Red book and blue/white book aren't connected. You need to have blue book from immigration before you can get red book. But while red book needs to be extended every 1/5 years, the blue one does not. If you change passport details, or address, immigration doesn't need to be informed, and in fact even you made a trip there, they'll tell you they don't care about that - information will be updated when you replace blue book.
Now the re-entry permit (actually a non-quota immigrant visa and endorsement) is not in any way related to your red book. So when you get that non quota immigrant visa for another year, that won't automatically extend your red book and vice versa.
So, you'll need to go to police station to extend your red book. AND you'll need to go to immigration to get your new 1 year non-quota immigrant visa. Each whenever it expires, or for the visa earlier, if you plan to make a trip that would get dangerously close to visa expiry or beyond it. The red book you can extend up to 3 months early, but should be done before it expires. The visa you can apply for whenever practical. If you don't plan to travel anywhere in next year, you don't need to get it.