While HDB's fourth quarter data of 2020 showed that HDB's Resale Price Index (RPI) had increased by 5.0 per cent for the whole of 2020, not all areas will see a price increase as each property is unique. Generally, an area that is in high demand and in good location will see a price increase. If the HDB flat is poor maintained and located in an unpopular area, then the asking price may not be as high.
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