HDB Resale Prices Up 2.9% In Q4, 4.8% For Entire 2020
Singapore’s public housing market closed the year at an encouraging mark, by having HDB RPI enhancing 2.9% quarter-on-quarter in the fourth quarter of 2K20, presented Housing and Development Board flash approximates released on 4Jan.
For the entire of 2020, resale apartment pricings moved up almost 5 percent.
HDB considered that the indicator “produces advice on the typical cost activities in the resale communal housing market”.
HDB said further that it will issue the resale price index for the complete quarter, alongside the much more precise communal property information, on 22Jan 20.
Meanwhile, Housing and Development Board reported that it is going to grant around 3.7K BTO flats in Bukit Batok, Tengah, TPY as well as Kallang Whampoa during second month of the year.
“This encompasses the brand-new Area Care Apartments in Bt Batok,” it shared.
During May 2021, a different 3,800 BTO homes in Geylang, Bukit Merah, Tengah along with Woodlands are going to be made available.
“With the economic unpredictability due to COVID-19, Housing and Development Board is keeping an eye on the property sector carefully furthermore will evaluate the supply if required,” it said.