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

Singapore’s government property market wrapped the year on a positive note, by having HDB RPI raising almost 3percent q-o-q in the fourth quart of 2020, presented HDB display approximates issue on 4Jan.

For the entire of 2020, resale apartment pricings increased almost 5 percent.

HDB documented that the indicator “produces information on the standard price movements in the resale communal property sector”.

Housing and Development Board continued that it will published the resale price index for the complete quart, as well as the further in-depth public property data, on 22 January.

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In the meantime, HDB announced that it will supply close to 3.7K BTO apartments in Bukit Batok, Tengah, Toa Payoh along with Kallang Whampoa on Feb.

“The plan also includes the brand-new Neighborhood Treatment Apartments in Bukit Batok,” it shared.

During 05/2021, a different 38hundred Build-to-Order house in Geylang, Bt Merah, Tengah and Woodlands will be supplied.

“Given the economic uncertainty due to COVID-19, Housing and Development Board is keeping track of the housing market closely and also are going to measure the quantity if necessitated,” it expressed.

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