HDB Resale Prices Up 2.9% In Q4, 4.8% For Entire 2020
S’pore’s public property market wrapped the year at a favorable mark, with HDB RPI boosting 2.9% quarter-on-quarter in the 4th quarter of 2020, presented Housing and Development Board flash valuation announced on 4 January.
For the total of 2020, resale house pricings grew almost 5 percent.
Housing and Development Board noted that the index “presents details on the standard cost motions in the resale communal housing market”.
Housing and Development Board further mentioned that it will published the resale price index for the whole quart, along with the much more descriptive communal property information, on 22January 2020.
It announced that it is going to deliver approximately 3thousand 7hundred BTO house in Bukit Batok, Tengah, TPY and Kallang Whampoa during Feb.
“This features the latest Area Care Apartments in Bukit Batok,” it reported.
During May 2021, an additional three thousand eight hundred Build-to-Order homes in Geylang, Bt Merah, Tengah along with Woodlands will be granted.
“With the economic uncertainty because of COVID-19, Housing and Development Board is keeping track of the housing market closely and also will adjust the quantity if necessitated,” it said.