HDB Resale Prices Up 2.9% In Q4, 4.8% For Entire 2020
Singapore’s government property sector finished the yr on a positive note, with HDB RPI boosting 2.9% q-o-q in the fourth quart of 2K20, revealed Housing and Development Board flash approximates launched on 4 January.
For the total of 2020, resale flat costs moved up 4.8 percent.
Housing and Development Board mentioned that the record “supplies information on the general price trends in the resale communal housing sector”.
HDB included that it is going to issue the RPI for the complete quart, together with the further thorough government property data, on 22January 2020.
At the same time, HDB published that it will grant around three thousand seven hundred Build-to-Order flats in Bukit Batok, Tengah, TPY along with Kallang Whampoa during 02/21.
“The plan consists of the fresh Community Treatment Flat in Bukit Batok,” it mentioned.
During May, an additional 3,800 BTO homes in Geylang, Bukit Merah, Tengah plus Woodlands will be granted.
“Given the global financial uncertainness caused by COVID-19, HDB is keeping an eye on the property market very closely and also are going to adjust the supply if called for,” it expressed.