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

Singapore’s communal housing market finished the yr at a positive note, by having Housing and Development Board RPI boosting almost 3% quarter-on-quarter in the 4th quarter of 2K20, revealed Housing and Development Board flash valuation announced on 4Jan.

For the total of 2K20, resale home pricings grew 4.8 percentage.

Forett at Bukit Timah condo price

HDB noted that the record “presents tips on the typical rate movements in the resale communal housing market”.

HDB further mentioned that it will published the RPI for the whole quarter, alongside the further comprehensive public housing information, on 22 January.

It revealed that it is going to offer almost 3thousand 7hundred BTO apartments in Bt Batok, Tengah, Toa Payoh as well as Kallang Whampoa during 2nd month of the year.

“This encompasses the brand-new Neighborhood Care Apartments in Bukit Batok,” it reported.

In 05/21, another three thousand eight hundred BTO flats in Geylang, Bt Merah, Tengah plus Woodlands are going to be delivered.

“Given the industrial uncertainness due to COVID-19, HDB is monitoring the property sector very closely and also are going to evaluate the supply if called for,” it mentioned.