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

SG’s government housing sector closed the yr on a favorable mark, with HDB RPI raising almost 3% quarter-on-quarter in the fourth quart of 2K20, revealed HDB flash valuation launched on 4Jan.

For the whole of 2K20, resale house pricings grew almost 5 percentage.

Housing and Development Board indicated that the index “gives details on the overall price movements in the resale public housing market”.

Clavon condo price

Housing and Development Board added that it will published the RPI for the entire quart, in addition to the additionally elaborate government property data, on 22 January.

In the meantime, it revealed that it will provide about three thousand seven hundred Build-to-Order apartments in Bt Batok, Tengah, TPY plus Kallang Whampoa in 02/21.

“The plan also includes the fresh Community Treatment Flat in Bt Batok,” it claimed.

In May 2021, an additional 3.8K Build-to-Order homes in Geylang, Bt Merah, Tengah and also Woodlands are going to be offered.

“With the global financial unpredictability caused by COVID-19, Housing and Development Board is checking the housing sector tightly also will measure the supply if required,” it claimed.


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