HDB Resale Prices Up 2.9% In Q4, 4.8% For Entire 2020
Singapore’s public housing sector closed the year at a positive scale, by having Housing and Development Board resale price index raising 2.9% q-o-q in the 4th quart of 2020, showed Housing and Development Board display approximates issue on 4 January.
For the entire of 2020, resale house values climbed almost 5 percentage.
HDB indicated that the index “provides information on the typical rate movements in the resale government property market”.
HDB added that it will published the resale price index for the entire quart, together with the much more comprehensive government housing data, on 22 Jan.
In the meantime, HDB reported that it is going to supply roughly three thousand seven hundred BTO house in Bt Batok, Tengah, TPY together with Kallang Whampoa in Feb.
“This encompasses the latest Area Treatment Apartments in Bukit Batok,” it said.
In May, an additional 3thousand 8hundred Build-to-Order apartments in Geylang, Bt Merah, Tengah and Woodlands will be offered.
“Given the financial uncertainty caused by COVID-19, Housing and Development Board is monitoring the property sector carefully and are going to adjust the supply if necessitated,” it announced.