HDB Resale Prices Up 2.9% In Q4, 4.8% For Entire 2020
S’pore’s public housing market completed the yr on a productive note, with HDB RPI increasing 2.9percent quart-on-quart in the fourth quarter of 2020, showed Housing and Development Board display valuation released on 4 January.
For the entire of 2K20, resale home values increased 4.8 percentage.
HDB documented that the indicator “gives info on the general price movements in the resale government housing sector”.
Housing and Development Board said further that it is going to launch the RPI for the complete quarter, together with the more in-depth government property data, on 22 January.
It announced that it is going to provide more or less 3thousand 7hundred BTO apartments in Bukit Batok, Tengah, TPY along with Kallang Whampoa on second month of the yr.
“This consists of the new Neighborhood Care Apartments in Bukit Batok,” it pointed out.
In May 2021, yet another 3thousand 8hundred BTO flats in Geylang, Bukit Merah, Tengah along with Woodlands are going to be made available.
“With the industrial uncertainty because of COVID-19, HDB is keeping an eye on the property market very closely moreover are going to evaluate the produce if called for,” it mentioned.