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

S’pore’s communal property market concluded the yr on a favorable scale, by having Housing and Development Board resale price index increasing almost 3percent quart-on-quart in the fourth quarter of 2020, revealed Housing and Development Board display valuation launched on 4 January.

For the total of 2020, resale house values rose 4.8 percentage.

Penrose condo price

Housing and Development Board noted that the list “generates facts on the standard cost activities in the resale public property market”.

Housing and Development Board included that it will issue the RPI for the whole quarter, along with the more elaborate government property information, on 22 January.

On the other hand, HDB revealed that it will deliver close to 37hundred Build-to-Order apartments in Bukit Batok, Tengah, TPY as well as Kallang Whampoa during February.

“This incorporates the latest Area Care Flat in Bukit Batok,” it reported.

In 05/21, an additional 3thousand 8hundred Build-to-Order apartments in Geylang, Bukit Merah, Tengah and Woodlands are going to be supplied.

“Given the financial unpredictability caused by COVID-19, Housing and Development Board is monitoring the housing market very closely also are going to adjust the supply if called for,” it pointed out.

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