HDB Resale Prices Up 2.9% In Q4, 4.8% For Entire 2020
S’pore’s communal property market closed the yr at a desirable mark, by having Housing and Development Board RPI increasing 2.9% quart-on-quart in the 4th quart of 2020, indicated HDB display estimates published on 4January21.
For the whole of 2K20, resale house costs moved up 4.8 percent.
Housing and Development Board noted that the index “generates facts on the overall price activities in the resale public property market”.
HDB added that it is going to published the RPI for the entire quart, as well as the additionally comprehensive government housing information, on 22 Jan.
In the meantime, HDB announced that it will provide more or less three thousand seven hundred Build-to-Order apartments in Bt Batok, Tengah, Toa Payoh along with Kallang Whampoa in 2nd month of the year.
“This also includes the fresh Area Treatment Flat in Bt Batok,” it revealed.
In 05/2021, another 3.8K Build-to-Order house in Geylang, Bt Merah, Tengah as well as Woodlands are going to be granted.
“With the global financial uncertainness due to COVID-19, Housing and Development Board is checking the property market tightly and also are going to evaluate the produce if needed,” it stated.