HDB Resale Prices Up 2.9% In Q4, 4.8% For Entire 2020

S’pore’s government property sector finished the yr on a desirable note, with Housing and Development Board RPI enhancing 2.9percent quarter-on-quarter in the fourth quart of 2K20, presented Housing and Development Board display estimates announced on 4 Jan 2021.

For the entire of 2K20, resale apartment prices grew almost 5 percent.

Housing and Development Board indicated that the indicator “generates details on the overall cost motions in the resale communal housing sector”.

HDB included that it will launch the resale price index for the whole quart, as well as the extra descriptive communal property information, on 22January 2020.

The Landmark condo price

Meanwhile, HDB revealed that it is going to provide approximately 3thousand 7hundred BTO apartments in Bukit Batok, Tengah, Toa Payoh together with Kallang Whampoa on 2nd month of the year.

“This also includes the brand-new Area Care Flat in Bt Batok,” it reported.

In May, yet another 3thousand 8hundred Build-to-Order homes in Geylang, Bt Merah, Tengah plus Woodlands will be granted.

“Given the economic uncertainness due to COVID-19, Housing and Development Board is keeping track of the property market carefully and will adjust the produce if needed,” it said.

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