Between October and December, resale prices rose 0.5 per cent from the previous quarter, while 6,339 flats were sold, up 1.2 per cent from the July to September quarter.The HDB resale price index indicating price changes for the fourth quarter of 2018 to the fourth quarter of 2019.
HDB data also showed that the number of flats rented out rose by 0.6 per cent, from 12,006 in the third quarter to 12,079 flats in the October to December period. As of Dec 31, there were 57,224 flats rented out, an increase of 1.3 per cent from the previous quarter.HDB will launch 3,000 Build-to-Order flats in Sembawang and Toa Payoh in February, its first sale exercise this year.
There will be no Re-Offer of Balance Flats exercise in February as the public housing authority said it is “reviewing its sale processes for balance flats to better serve the needs of home buyers”.
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