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

Singapore’s government housing market finished the year at a favorable mark, by having HDB RPI increasing almost 3percent quarter-on-quarter in the fourth quart of 2K20, indicated Housing and Development Board display valuation published on 4Jan.

For the entire of 2K20, resale home rates moved up almost 5 percentage.

Housing and Development Board mentioned that the record “supplies data on the overall rate movements in the resale communal property market”.

Housing and Development Board continued that it will issue the resale price index for the complete quarter, in addition to the more detailed government housing information, on 22 January.

It announced that it is going to supply almost 3.7K BTO house in Bukit Batok, Tengah, Toa Payoh and Kallang Whampoa during February.

19 Nassim condo price

“This also includes the fresh Neighborhood Treatment Apartments in Bt Batok,” it revealed.

During May 2021, a separate 3.8K Build-to-Order homes in Geylang, Bt Merah, Tengah plus Woodlands are going to be made available.

“Given the financial uncertainness caused by COVID-19, Housing and Development Board is observing the property market very closely and are going to calibrate the supply if required,” it announced.

Add Comment

Your Email address will not be published

error: Content is protected !!