HDB Resale Prices Up 2.9% In Q4, 4.8% For Entire 2020
SG’s communal housing market concluded the year at an encouraging mark, with HDB resale price index boosting 2.9percent q-o-q in the 4th quarter of 2K20, indicated Housing and Development Board flash approximates launched on 4 Jan 2021.
For the entire of 2K20, resale apartment pricings moved up almost 5 percentage.
Housing and Development Board mentioned that the indicator “produces info on the overall price activities in the resale government property market”.
HDB added that it is going to announce the resale price index for the entire quart, as well as the further descriptive public housing data, on 22January 2020.
It reported that it is going to supply about three thousand seven hundred Build-to-Order homes in Bt Batok, Tengah, Toa Payoh plus Kallang Whampoa on second calendar month of the yr.
“This features the brand-new Community Care Apartments in Bukit Batok,” it mentioned.
In May, an additional 3.8K BTO house in Geylang, Bt Merah, Tengah and also Woodlands are going to be granted.
“Given the global financial unpredictability because of COVID-19, HDB is keeping an eye on the housing market carefully also will adjust the produce if needed,” it said.