HDB Resale Prices Up 2.9% In Q4, 4.8% For Entire 2020
Singapore’s government property sector closed the year on an encouraging scale, with Housing and Development Board resale price index enhancing almost 3% quart-on-quart in the fourth quarter of 2K20, showed HDB flash approximates launched on 4Jan.
For the whole of 2020, resale apartment asking prices rose almost 5 percentage.
HDB mentioned that the list “supplies facts on the general cost activities in the resale communal property sector”.
Housing and Development Board further mentioned that it is going to issue the RPI for the whole quart, together with the further detailed public property information, on 22 Jan.
It published that it is going to make available more or less 3,700 BTO house in Bt Batok, Tengah, Toa Payoh along with Kallang Whampoa on February.
“The plan incorporates the latest Area Care Flat in Bt Batok,” it mentioned.
In May, another 3thousand 8hundred Build-to-Order flats in Geylang, Bukit Merah, Tengah as well as Woodlands are going to be provided.
“Given the economic unpredictability due to COVID-19, HDB is monitoring the housing market carefully and will calibrate the produce if called for,” it shared.