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

SG’s public housing sector completed the yr at a positive note, with Housing and Development Board RPI enhancing almost 3% quarter-on-quarter in the fourth quarter of 2020, showed HDB flash valuation issue on 4Jan.

Sengkang Grand Residences condo price

For the entire of 2020, resale home prices increased almost 5 percentage.

Housing and Development Board documented that the indicator “provides data on the overall price movements in the resale communal property sector”.

Housing and Development Board added that it is going to release the RPI for the whole quart, in addition to the further comprehensive public housing data, on 22 January.

At the same time, Housing and Development Board reported that it is going to grant roughly 3.7K Build-to-Order homes in Bukit Batok, Tengah, Toa Payoh plus Kallang Whampoa in 2nd month of the yr.

“This encompasses the new Neighborhood Treatment Flat in Bt Batok,” it said.

During May 2021, an additional 38hundred BTO homes in Geylang, Bt Merah, Tengah and also Woodlands will be provided.

“With the industrial uncertainty because of COVID-19, Housing and Development Board is keeping track of the housing sector meticulously moreover will evaluate the quantity if needed,” it pointed out.

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