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

Singapore’s government property sector completed the year on an encouraging mark, with Housing and Development Board resale price index increasing almost 3% quarter-on-quarter in the 4th quart of 2K20, revealed Housing and Development Board display approximates released on 4January21.

For the whole of 2020, resale home values increased 4.8 percent.

Midtown Modern condo price

Housing and Development Board indicated that the indicator “provides content on the general cost movements in the resale government housing market”.

Housing and Development Board said further that it is going to release the resale price index for the whole quarter, in addition to the much more detailed communal housing information, on 22 Jan.

It published that it will provide around 3thousand 7hundred BTO apartments in Bt Batok, Tengah, Toa Payoh and Kallang Whampoa on February.

“The plan consists of the new Area Treatment Flat in Bukit Batok,” it pointed out.

During 05/2021, added 3.8K Build-to-Order apartments in Geylang, Bt Merah, Tengah together with Woodlands are going to be supplied.

“Given the global financial uncertainness caused by COVID-19, Housing and Development Board is checking the housing market closely moreover will gauge the supply if needed,” it announced.

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