2 Answers

askguru expert
Hi there, thanks for writing to us on AskGuru.

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.

Hope this answers your question.

Best Regards,

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Aaron Chong
Hi, it meant both in this case.

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