Residential Property Flash Report Aug 2014

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Residential Property Flash Report Aug 2014 HDB Resale & Rental Market *Based on number compiled 3 Sep 2014.

As a public service to Singapore’s news media, the Singapore Real Estate Report (SRX) releases the Residential Property Flash Report once a month.

The SRX Flash Report contains real-time property information, cross-referenced with public data from government bodies to ensure completeness and avoid duplication, which in turn provide a very complete picture of the resale property market in Singapore. This includes pre-caveat resale transactions. Rental data is based on precise unit-level data from SRX only.

As a result, the Flash Report provides property trends ahead of market.

About SRX. The Singapore Real Estate Exchange (SRX) is an electronic network powered by StreetSine Technology. Leading Estate Agencies and salespersons go to SRX to obtain market information to conduct real estate transactions. SRX is the only place in Singapore where agents can find Validated ListingsTM and real-time, instant, and live transacted prices for sales and rentals, as they occur. Over the last year, 88.4% of resale homes transacted in Singapore used Home ReportTM to understand the market, price comparable homes, and negotiate. For media queries regarding SRX, please contact Cassaundra Tan on +65 9459 1771 or [email protected]. For technical questions regarding SRX data, please contact Jeremy Lee on +65 9561 6756 or [email protected], or visit www.srx.com.sg. We can verify the accuracy, analysis, and presentation of specific SRX data prior to publication.

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Residential Property Flash Report Aug 2014 HDB Resale & Rental Market *Based on number compiled 3 Sep 2014.

1. July HDB Resale and Rental Market 1.1. Market Activities HDB Rental Volume

HDB Resale Volume

1,550 [E]

Source: HDB/srx.com.sg

Source: srx.com.sg

1.2. Median Resale Price ($) and HDB Resale Index

390,000 302,500 425,500 372,000 420,000

320,000

547,000

690,000

-

460,000

418,000 352,500 383,000 365,000 350,000 312,500 279,500 299,000 320,000

531,500 425,000 429,000 675,000 377,500 435,250 475,000 446,000 550,000 380,000 376,500 413,500

495,000 480,000 890,000 449,000 480,000 631,500 568,000 538,000 447,500 480,000 493,000

640,000 570,000 538,000 585,000 720,000 650,000 595,000 545,000 622,500

430,000 439,000 465,000 505,000 446,500 460,000 496,500 470,500 401,088 381,500 360,000 418,000

140.8

139.3

140.0

130.0

120.0

110.0

100.0

2014 Aug HDB Resale Index

139.3

2014 July HDB Resale Index

140.8

Change (Month-on-month)

-1.1%

Note: Grey color fields contain figures derived from less than 10 transactions. Yellow color fields contain figures derived from only 1 transaction.

(Flash)

875,900 670,000 760,000 627,500 580,000

2014/7

715,000 840,000 527,500 525,000 462,500

2014/8*

527,500 435,000 420,000 368,500 381,000

142.8 142.0

2014/6

369,000 300,000 317,500 308,500 297,500

145.1 144.9 144.3

2014/5

Clementi Geylang Hougang Jurong East Jurong West Kallang/Whamp oa Marine Parade Pasir Ris Punggol Queenstown Sembawang Sengkang Serangoon Tampines Toa Payoh Woodlands Yishun Overall

146.7 146.0 146.4

2014/4

395,000

147.7

2014/3

-

149.9 150.0

150.0

2014/2

477,500

151.3 150.6

2014/1

390,000

152.3

2013/12

-

160.0

2013/11

Choa Chu Kang

Overall HDB Flats Resale Index Index, Base Jan 2009

2013/9

Overall 360,000 381,500 557,500 400,000 535,944 377,250 442,500 437,500

2013/10

HDB Executive 712,500 595,000 -

2013/8

HDB 5 Rooms 780,000 605,000 675,000 575,000 800,088 455,000 -

2013/7

HDB 4 Rooms 486,000 418,500 575,000 430,000 660,000 377,250 425,000

2013/6

HDB 3 Rooms 324,000 318,000 388,500 310,000 372,500 305,000 442,500 450,000

2013/5

TOWN Ang Mo Kio Bedok Bishan Bukit Batok Bukit Merah Bukit Panjang Bukit Timah Central Area

Source: srx.com.sg

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Residential Property Flash Report Aug 2014 HDB Resale & Rental Market *Based on number compiled 3 Sep 2014.

HDB Resale Index by Property Type Year/Mont h

2013/1 2013/2 2013/3 2013/4 2013/5 2013/6 2013/7 2013/8 2013/9 2013/10 2013/11 2013/12 2014/1 2014/2 2014/3 2014/4 2014/5 2014/6 2014/7 2014/8*

HDB (All Types) Monthly Index Value Change 152.3 152.0 -0.2% 152.4 0.3% 152.4 0.0% 152.3 -0.1% 151.3 -0.7% 150.6 -0.5% 149.9 -0.5% 150.0 0.1% 147.7 -1.5% 146.7 -0.7% 146.0 -0.5% 146.4 0.3% 145.1 -0.9% 144.9 -0.1% 144.3 -0.4% 142.8 -1.0% 142.0 -0.6% 140.8 -0.8% 139.3 -1.1%

HDB 3 Room Monthly All Change 155.2 153.5 -1.1% 154.7 0.8% 154.1 -0.4% 153.6 -0.3% 153.0 -0.4% 153.3 0.2% 151.2 -1.4% 152.6 0.9% 150.5 -1.4% 150.1 -0.3% 148.0 -1.4% 147.9 -0.1% 145.5 -1.6% 146.4 0.6% 146.1 -0.2% 145.3 -0.5% 144.8 -0.3% 143.3 -1.0% 140.4 -2.0%

HDB 4 Room Monthly All Change 152.4 152.4 0.0% 152.6 0.1% 153.5 0.6% 152.0 -1.0% 151.8 -0.1% 150.7 -0.7% 150.6 -0.1% 150.0 -0.4% 147.9 -1.4% 146.8 -0.7% 146.3 -0.3% 146.6 0.2% 144.6 -1.4% 145.4 0.6% 143.8 -1.1% 142.7 -0.8% 141.7 -0.7% 139.7 -1.4% 138.5 -0.9%

HDB 5 Room Monthly All Change 147.4 147.5 0.1% 147.7 0.1% 147.5 -0.1% 147.5 0.0% 146.8 -0.5% 145.8 -0.7% 144.9 -0.6% 145.4 0.3% 142.9 -1.7% 141.0 -1.3% 140.3 -0.5% 141.3 0.7% 141.9 0.4% 140.1 -1.3% 139.3 -0.6% 137.5 -1.3% 136.5 -0.7% 136.6 0.1% 137.7 0.8%

HDB Executive Monthly All Change 151.2 154.1 1.9% 152.7 -0.9% 152.4 -0.2% 151.2 -0.8% 152.7 1.0% 151.9 -0.5% 150.1 -1.2% 151.2 0.7% 148.3 -1.9% 147.1 -0.8% 148.6 1.0% 150.6 1.3% 147.4 -2.1% 145.9 -1.0% 147.6 1.2% 144.5 -2.1% 144.7 0.1% 144.4 -0.2% 146.5 1.5%

Source: srx.com.sg

1.3. Median Monthly Rent ($) and HDB Rental Index

2,600

-

2,525 2,525

Choa Chu Kang

-

2,200

2,300

2,300

2,275

Clementi Geylang Hougang Jurong East Jurong West

2,200 2,200 1,850 2,100 2,000

2,725 2,550 2,200 2,575 2,500

3,000 3,000 2,300 2,800 2,600

3,300 2,400 2,950 2,850

2,300 2,425 2,200 2,600 2,500

Kallang/Whampoa

2,200

2,625

2,910

-

2,375

Marine Parade

2,125

2,400

2,725

-

2,250

Pasir Ris Punggol Queenstown Sembawang Sengkang Serangoon Tampines Toa Payoh Woodlands Yishun Overall

2,200 1,750 2,175 2,025 2,000 1,800 1,825 2,100

2,400 2,300 2,850 2,200 2,200 2,650 2,300 2,700 2,000 2,125 2,400

2,500 2,200 3,250 2,200 2,375 3,000 2,550 3,000 2,225 2,250 2,500

2,600 1,800 2,425 2,600 2,875 2,775 1,700 2,450 2,200 2,600

2,500 2,200 2,400 2,200 2,300 2,450 2,375 2,300 2,100 1,900 2,300

135.5 135.0

134.7 135.0 133.1

135.0

133.7

133.0

132.1 130.3 130.5

130.0

125.0

120.0

115.0

110.0

105.0

100.0

2014 Aug HDB Rental Index

130.5

2014 July HDB Rental Index

130.3

Change (Month-on-month)

+0.2%

Note: Grey color fields contain figures derived from less than 10 transactions. Yellow color fields contain figures derived from only 1 transaction.

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136.2 135.6

(Flash)

2,500 3,150

135.4

2014/7

2,525 2,350

136.4 134.0

2014/8*

Bukit Timah Central Area

138.2

140.0

2014/6

2,000

2014/5

2,400

2014/4

2,250

2014/3

2,000

2014/2

1,725

2014/1

Bukit Panjang

Overall HDB Flats Rental Index Index, Base Jan 2009

145.0

2013/12

2,100 2,300 2,600 2,300 2,500

2013/11

2,725 1,000 2,725 -

2013/9

2,700 2,700 2,950 2,600 3,400

2013/10

Overall

2,500 2,300 2,625 2,300 2,750

2013/8

HDB Executive

2,000 2,100 2,200 2,000 2,225

2013/7

HDB 3 Rooms HDB 4 Rooms

2013/6

TOWN

2013/5

HDB 5 Rooms

Ang Mo Kio Bedok Bishan Bukit Batok Bukit Merah

Source: srx.com.sg

Residential Property Flash Report Aug 2014 HDB Resale & Rental Market *Based on number compiled 3 Sep 2014.

HDB Rental Index by Property Type Year/Month

2013/1 2013/2 2013/3 2013/4 2013/5 2013/6 2013/7 2013/8 2013/9 2013/10 2013/11 2013/12 2014/1 2014/2 2014/3 2014/4 2014/5 2014/6 2014/7 2014/8*

HDB (All Types) Monthly Index Value Change 135.2 138.0 2.1% 137.2 -0.6% 134.4 -2.0% 134.0 -0.3% 136.4 1.8% 135.4 -0.7% 138.2 2.1% 136.2 -1.4% 135.6 -0.4% 135.5 -0.1% 135.0 -0.4% 133.1 -1.4% 134.7 1.2% 135.0 0.2% 133.7 -1.0% 133.0 -0.5% 132.1 -0.7% 130.3 -1.4% 130.5 0.2%

HDB 3 Room Monthly All Change 141.5 142.3 0.6% 142.5 0.1% 138.5 -2.8% 139.0 0.4% 142.2 2.3% 139.0 -2.3% 143.0 2.9% 140.2 -2.0% 140.6 0.3% 140.9 0.2% 140.4 -0.4% 139.8 -0.4% 138.1 -1.2% 140.1 1.4% 137.4 -1.9% 137.2 -0.1% 137.9 0.5% 135.9 -1.5% 134.9 -0.7%

HDB 4 Room Monthly All Change 132.8 135.6 2.1% 135.0 -0.4% 131.3 -2.7% 130.5 -0.6% 132.7 1.7% 133.5 0.6% 135.9 1.8% 134.7 -0.9% 133.3 -1.0% 132.9 -0.3% 133.1 0.2% 130.6 -1.9% 134.0 2.6% 133.0 -0.7% 132.3 -0.5% 131.8 -0.4% 130.5 -1.0% 127.4 -2.4% 128.5 0.9%

HDB 5 Room Monthly All Change 132.5 138.0 4.2% 136.8 -0.9% 135.1 -1.2% 135.8 0.5% 137.2 1.0% 135.0 -1.6% 137.7 2.0% 135.9 -1.3% 134.2 -1.3% 135.6 1.0% 133.9 -1.3% 131.2 -2.0% 132.6 1.1% 133.5 0.7% 132.9 -0.4% 132.4 -0.4% 130.8 -1.2% 131.0 0.2% 132.2 0.9%

HDB Executive Monthly All Change 136.2 136.6 0.3% 131.5 -3.7% 133.1 1.2% 129.1 -3.0% 132.6 2.7% 134.0 1.1% 135.2 0.9% 131.4 -2.8% 134.3 2.2% 130.2 -3.1% 132.5 1.8% 129.8 -2.0% 132.0 1.7% 130.9 -0.8% 130.2 -0.5% 126.7 -2.7% 126.5 -0.2% 124.4 -1.7% 122.4 -1.6%

Source: srx.com.sg

1.4. Median HDB Transaction Over X-Value (TOX) ($) Ang Mo Kio Bedok Bishan Bukit Batok Bukit Merah Bukit Panjang Bukit Timah Central Area Choa Chu Kang Clementi Geylang Hougang Jurong East Jurong West

HDB 3 Rooms -4,500 -4,000 16,500 -3,000 3,000 -13,000 8,000 5,000 -1,000 -2,000 -5,000 -5,000 7,000

Kallang/Whampoa Marine Parade Pasir Ris Punggol Queenstown Sembawang Sengkang Serangoon Tampines Toa Payoh Woodlands Yishun Overall

Town

HDB 4 Rooms

HDB 5 Rooms

HDB Executive

Overall

-8,500 -3,500 25,000 7,000 8,000 -3,600 -71,000 5,400 6,000 -7,000 -2,000 -3,000

-9,000 14,000 -39,000 2,000 28,100 -16,500 -4,000 -59,000 6,000 -8,500 -6,000 1,500

6,000 -19,000 -14,100 -5,000 -6,500 -12,500 -500

-8,000 -1,000 9,000 1,500 8,000 -12,800 8,000 -3,000 0 -1,000 -2,000 -6,100 -5,000 -1,000

-8,000

10,000

2,000

-

-6,000

2,000 9,000 12,000 3,000 3,000 -5,000 -15,500 -2,000 -2,500

5,500 -7,000 -16,000 6,000 1,000 -3,000 11,000 -5,000 4,300 -4,500 -2,000 -4,000

-3,000 0 21,000 -13,200 -8,000 10,500 -8,000 20,000 -1,500 5,000 -1,000

-16,000 -10,000 -2,000 9,000 -4,500 -4,000 5,000 -28,000 -4,000

2,000 -9,000 -8,000 9,000 -7,000 -1,000 3,500 -5,000 1,500 -5,000 -2,000 -3,000

2014 Aug TOX

-$3,000

2014 July TOX

-$3,000

Change (Month-on-month)

No Change

Note: Grey color fields contain figures derived from less than 10 transactions. Yellow color fields contain figures derived from only 1 transaction.

Source: srx.com.sg

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