HDB Resale Prices Up 2.9% In Q4, 4.8% For Entire 2020
S’pore’s public housing market ended the year on an encouraging mark, by having Housing and Development Board RPI increasing almost 3% q-o-q in the 4th quart of 2K20, presented Housing and Development Board flash valuation released on 4 Jan 2021.
For the whole of 2K20, resale house values raised almost 5 percentage.
Housing and Development Board documented that the indicator “presents content on the general cost motions in the resale communal property sector”.
HDB said further that it is going to release the RPI for the whole quart, as well as the additionally descriptive public property data, on 22 January.
Meanwhile, Housing and Development Board announced that it will supply roughly 37hundred BTO apartments in Bt Batok, Tengah, Toa Payoh along with Kallang Whampoa on second mth of the yr.
“The plan consists of the latest Area Treatment Apartments in Bt Batok,” it pointed out.
In 05/2021, yet another 38hundred BTO apartments in Geylang, Bt Merah, Tengah and also Woodlands will be made available.
“With the industrial uncertainty due to COVID-19, Housing and Development Board is keeping an eye on the housing market carefully moreover are going to adjust the produce if necessitated,” it stated.