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

Singapore’s government housing market closed the yr on a favorable note, by having HDB RPI enhancing almost 3% quarter-on-quarter in the fourth quart of 2020, reported Housing and Development Board flash approximates announced on 4 January.

For the entire of 2020, resale flat rates raised almost 5 percent.

HDB documented that the index “generates facts on the overall rate trends in the resale public housing sector”.

Klimt Cairnhill condo price

Housing and Development Board continued that it is going to release the resale price index for the complete quarter, as well as the extra elaborate public property data, on 22 January.

In the meantime, HDB publicized that it is going to supply more or less 37hundred Build-to-Order house in Bukit Batok, Tengah, Toa Payoh along with Kallang Whampoa during 02/21.

“The plan encompasses the latest Community Treatment Flat in Bt Batok,” it said.

During 05/21, a different three thousand eight hundred Build-to-Order house in Geylang, Bt Merah, Tengah as well as Woodlands are going to be offered.

“Given the economic uncertainty because of COVID-19, Housing and Development Board is keeping an eye on the housing market closely also will measure the supply if necessitated,” it stated.