HDB Resale Prices Up 2.9% In Q4, 4.8% For Entire 2020
S’pore’s public housing market wrapped the yr at a productive mark, by having Housing and Development Board RPI raising 2.9% quarter-on-quarter in the fourth quarter of 2K20, presented Housing and Development Board flash valuation published on 4 Jan 2021.
For the entire of 2K20, resale flat prices increased 4.8 percentage.
Housing and Development Board considered that the index “produces tips on the general rate trends in the resale communal property market”.
HDB included that it will release the RPI for the whole quart, together with the further precise public housing data, on 22 January.
Subsequently, Housing and Development Board announced that it will grant around three thousand seven hundred BTO flats in Bukit Batok, Tengah, TPY along with Kallang Whampoa on February.
“The plan consists of the latest Area Treatment Flat in Bukit Batok,” it mentioned.
During 05/2021, yet another 3.8K Build-to-Order homes in Geylang, Bt Merah, Tengah along with Woodlands will be made available.
“With the economic unpredictability because of COVID-19, HDB is checking the property market very closely furthermore are going to gauge the quantity if needed,” it expressed.