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

S’pore’s communal property sector ended the year on a desirable mark, with Housing and Development Board RPI increasing 2.9percent quart-on-quart in the 4th quart of 2K20, indicated Housing and Development Board display estimates issue on 4 January.

For the entire of 2K20, resale flat costs increased 4.8 percent.

Housing and Development Board noted that the record “gives details on the overall price movements in the resale communal property market”.

Housing and Development Board added that it will announce the resale price index for the whole quart, together with the much more thorough communal housing information, on 22 Jan.

It published that it will deliver approximately 37hundred Build-to-Order homes in Bt Batok, Tengah, TPY together with Kallang Whampoa during 02/2021.

“The plan features the new Community Treatment Flat in Bt Batok,” it announced.

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During May 2021, yet another 38hundred BTO apartments in Geylang, Bukit Merah, Tengah as well as Woodlands are going to be made available.

“With the global financial uncertainness because of COVID-19, Housing and Development Board is monitoring the property market tightly moreover will gauge the quantity if called for,” it shared.

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