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Sales of HDB resale flats hit 8-year high in 2020 as prices climb 5%

Flat prices edge up in many locations; buyer demand buoyant despite pandemic

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Published Fri, Jan 22, 2021 · 09:50 PM

    Singapore

    THE Housing Board (HDB) resale market ended 2020 on a strong note, with flat prices edging up in many locations and buyer demand remaining buoyant despite the Covid-19 pandemic.

    Prices of HDB resale flats rose for a third consecutive quarter, climbing 3.1 per cent in the last three months of 2020 compared with the previous quarter, data released by the HDB on Friday showed.

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