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
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.
TRENDING NOW
The S$1 million National Day paradox: ‘money dysmorphia’ amid a wealth surge
Singapore at 61: How we can ensure opportunity, security and ownership for the next generation
Why Asean matters more than ever to the UK and Singapore
When every phone becomes a satellite phone, what happens to Asia’s telcos?