HDB Resale Prices Up 2.9% In Q4, 4.8% For Entire 2020
SG’s public property sector finished the yr on a productive scale, with Housing and Development Board RPI raising almost 3percent quarter-on-quarter in the fourth quart of 2020, showed Housing and Development Board flash estimates published on 4 January.
For the whole of 2K20, resale flat costs grew 4.8 percentage.
Housing and Development Board indicated that the index “generates knowledge on the typical cost trends in the resale public property sector”.
Housing and Development Board continued that it will release the resale price index for the whole quarter, as well as the more thorough public property information, on 22 January.
It revealed that it is going to offer close to 37hundred BTO flats in Bt Batok, Tengah, Toa Payoh along with Kallang Whampoa in 02/21.
“The plan incorporates the new Neighborhood Treatment Apartments in Bt Batok,” it stated.
In 05/2021, a different 38hundred Build-to-Order homes in Geylang, Bukit Merah, Tengah plus Woodlands are going to be delivered.
“With the financial unpredictability due to COVID-19, Housing and Development Board is observing the property sector meticulously furthermore will evaluate the supply if required,” it claimed.