HDB Resale Prices Up 2.9% In Q4, 4.8% For Entire 2020
SG’s government property sector closed the yr on an encouraging scale, by having HDB resale price index boosting 2.9% q-o-q in the fourth quart of 2K20, revealed HDB display estimates launched on 4January21.
For the whole of 2K20, resale apartment prices climbed 4.8 percent.
HDB mentioned that the index “gives details on the standard cost movements in the resale government property sector”.
Housing and Development Board added that it is going to launch the RPI for the complete quarter, alongside the more descriptive communal housing data, on 22Jan 20.
Subsequently, it reported that it is going to offer around three thousand seven hundred BTO apartments in Bukit Batok, Tengah, TPY along with Kallang Whampoa during February.
“This features the new Neighborhood Treatment Flat in Bt Batok,” it said.
In May 2021, a different 3thousand 8hundred Build-to-Order homes in Geylang, Bt Merah, Tengah plus Woodlands are going to be granted.
“Given the financial unpredictability caused by COVID-19, Housing and Development Board is monitoring the housing sector meticulously and are going to calibrate the quantity if necessitated,” it mentioned.