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

Singapore’s government housing sector completed the yr on a productive mark, with Housing and Development Board resale price index boosting 2.9% q-o-q in the 4th quarter of 2K20, presented HDB flash valuation announced on 4 Jan 2021.

For the entire of 2020, resale apartment asking prices moved up almost 5 percentage.

HDB considered that the indicator “presents facts on the typical cost movements in the resale public housing market”.

HDB added that it is going to published the RPI for the complete quart, together with the further comprehensive government housing information, on 22Jan 20.

It publicized that it is going to supply more or less 3.7K Build-to-Order flats in Bt Batok, Tengah, Toa Payoh and Kallang Whampoa on February.

Avenue South Residence condo price

“The plan includes the new Area Care Flat in Bt Batok,” it reported.

In May, another three thousand eight hundred Build-to-Order homes in Geylang, Bt Merah, Tengah along with Woodlands will be granted.

“With the economic uncertainty caused by COVID-19, Housing and Development Board is keeping an eye on the property market very closely and also will calibrate the supply if called for,” it expressed.

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