Residential Property Flash Report March 2014* HDB Resale & Rental ...
Residential Property Flash Report March 2014* HDB Resale & Rental Market * Based on numbers compiled 3 April 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 Residential Property Flash Report contains real-time property information, crossreferenced with public data from government bodies to ensure completeness and avoid duplication, which in turn provide a very complete picture of the property market in Singapore. This includes precise unit rental information. 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.
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Residential Property Flash Report March 2014* HDB Resale & Rental Market * Based on numbers compiled 3 April 2014.
1. December HDB Resale and Rental Market 1.1. Market Activities
HDB Rental Volume
HDB Resale Volume
1,627 [E]
Source: HDB/srx.com.sg
Source: srx.com.sg
1.2. Median Resale Price ($) and HDB Resale Index 3 Room 340,000 325,000 366,500 320,000 390,000 320,000 420,000 295,000 338,500 323,000 326,000 323,000 317,000 365,000 392,000 300,000 362,500 383,000 353,000 374,000 344,000 302,000 313,000 333,000
4 Room 471,544 450,000 487,500 425,000 672,000 418,000 620,018 425,000 500,000 532,500 420,000 436,000 413,500 487,500 430,000 485,000 688,000 418,000 453,500 510,000 453,500 560,000 383,000 380,000 441,500
5 Room 655,000 590,000 693,000 570,000 768,000 470,000 467,500 702,500 582,500 559,000 541,000 483,000 613,000 520,000 511,500 760,000 474,000 485,000 578,250 548,000 692,500 464,000 472,000 515,000
Executive 667,500 855,000 620,250 615,000 585,000 700,000 818,000 585,000 635,000 610,000 540,000 613,500 665,000 780,000 602,000 536,500 615,000
Overall 350,000 393,000 487,500 340,000 610,000 437,500 435,000 438,444 390,000 410,000 418,000 339,750 405,000 377,000 392,000 447,500 505,000 575,888 430,000 471,500 398,000 460,000 360,500 405,000 340,000 426,000
(Flash)
TOWN 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 Kallang/Whampoa Marine Parade Pasir Ris Punggol Queenstown Sembawang Sengkang Serangoon Tampines Toa Payoh Woodlands Yishun Overall
2014 March Resale Index Value
145.0
2014 February Resale Index Value
144.5
Change (Month-on-month)
+0.3%
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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Source: srx.com.sg
Residential Property Flash Report March 2014* HDB Resale & Rental Market * Based on numbers compiled 3 April 2014.
Resale Index by Property Type Year/Month
2012/1 2012/2 2012/3 2012/4 2012/5 2012/6 2012/7 2012/8 2012/9 2012/10 2012/11 2012/12 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*
Overall HDB Flats Resale Index Monthly Index Value Change 140.3 0 140.7 0.3% 141.5 0.6% 142.8 0.9% 143.5 0.5% 143.2 -0.2% 145.2 1.4% 146.0 0.6% 146.7 0.5% 148.3 1.1% 149.6 0.9% 149.9 0.2% 152.3 1.6% 152.0 -0.2% 152.4 0.3% 152.4 0.0% 152.1 -0.2% 151.3 -0.5% 150.6 -0.5% 149.9 -0.5% 150.0 0.1% 147.7 -1.5% 146.7 -0.7% 146.0 -0.5% 146.5 0.3% 144.5 -1.4% 145.0 0.3%
3-room Flats Monthly Index Value Change 144.1 144.5 0.3% 145.6 0.8% 146.0 0.3% 145.9 -0.1% 147.1 0.8% 149.7 1.8% 149.6 -0.1% 150.8 0.8% 151.7 0.6% 153.0 0.9% 152.7 -0.2% 155.2 1.6% 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% 148.5 0.3% 145.6 -2.0% 146.4 0.5%
4-room Flats Monthly Index Value Change 141.3 141.1 -0.1% 141.8 0.5% 143.0 0.8% 143.8 0.6% 143.2 -0.4% 144.8 1.1% 145.8 0.7% 146.4 0.4% 148.0 1.1% 150.1 1.4% 150.5 0.3% 152.4 1.3% 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% 146.1 -0.1% 144.1 -1.4% 145.3 0.8%
5-room Flats Monthly Index Value Change 136.8 136.9 0.1% 137.1 0.1% 138.7 1.2% 140.0 0.9% 139.6 -0.3% 141.6 1.4% 142.9 0.9% 143.0 0.1% 144.9 1.3% 144.4 -0.3% 145.4 0.7% 147.4 1.4% 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% 141.7 1.0% 140.2 -1.1% 139.9 -0.2%
Executive Flats Monthly Index Value Change 134.9 137.4 1.9% 139.4 1.5% 141.8 1.7% 142.1 0.2% 141.9 -0.1% 143.6 1.2% 143.9 0.2% 145.2 0.9% 147.8 1.8% 148.9 0.7% 150.0 0.7% 151.2 0.8% 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% 151.0 1.6% 146.7 -2.8% 145.7 -0.7%
Source: srx.com.sg
1.3. Median Monthly Rent ($)
2014 March Overall Median Rents
$2,300
2014 February Overall Median Rents
$2,300
Change (Month-on-month)
0.0%
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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Source: srx.com.sg
Residential Property Flash Report March 2014* HDB Resale & Rental Market * Based on numbers compiled 3 April 2014.
1.4. Benchmarking X-Value against transacted price
1.5. Benchmarking X-Value against valuation
Source: srx.com.sg
Source: srx.com.sg
Residential Property Flash Report March 2014* HDB Resale & Rental Market * Based on numbers compiled 3 April 2014.
1.5. Transaction Over X-Value(TOX): The new market forward indicator
Source: srx.com.sg
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 Residential Property Flash Report contains real-time property information, crossreferenced with public data from government bodies to ensure completeness and avoid duplication, which in turn provide a very complete picture of the property market in Singapore. This includes precise unit rental information. 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.
1
Residential Property Flash Report March 2014* HDB Resale & Rental Market * Based on numbers compiled 3 April 2014.
1. December HDB Resale and Rental Market 1.1. Market Activities
HDB Rental Volume
HDB Resale Volume
1,627 [E]
Source: HDB/srx.com.sg
Source: srx.com.sg
1.2. Median Resale Price ($) and HDB Resale Index 3 Room 340,000 325,000 366,500 320,000 390,000 320,000 420,000 295,000 338,500 323,000 326,000 323,000 317,000 365,000 392,000 300,000 362,500 383,000 353,000 374,000 344,000 302,000 313,000 333,000
4 Room 471,544 450,000 487,500 425,000 672,000 418,000 620,018 425,000 500,000 532,500 420,000 436,000 413,500 487,500 430,000 485,000 688,000 418,000 453,500 510,000 453,500 560,000 383,000 380,000 441,500
5 Room 655,000 590,000 693,000 570,000 768,000 470,000 467,500 702,500 582,500 559,000 541,000 483,000 613,000 520,000 511,500 760,000 474,000 485,000 578,250 548,000 692,500 464,000 472,000 515,000
Executive 667,500 855,000 620,250 615,000 585,000 700,000 818,000 585,000 635,000 610,000 540,000 613,500 665,000 780,000 602,000 536,500 615,000
Overall 350,000 393,000 487,500 340,000 610,000 437,500 435,000 438,444 390,000 410,000 418,000 339,750 405,000 377,000 392,000 447,500 505,000 575,888 430,000 471,500 398,000 460,000 360,500 405,000 340,000 426,000
(Flash)
TOWN 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 Kallang/Whampoa Marine Parade Pasir Ris Punggol Queenstown Sembawang Sengkang Serangoon Tampines Toa Payoh Woodlands Yishun Overall
2014 March Resale Index Value
145.0
2014 February Resale Index Value
144.5
Change (Month-on-month)
+0.3%
Note: Grey color fields contain figures derived from less than 10 transactions. Yellow color fields contain figures derived from only 1 transaction.
2
Source: srx.com.sg
Residential Property Flash Report March 2014* HDB Resale & Rental Market * Based on numbers compiled 3 April 2014.
Resale Index by Property Type Year/Month
2012/1 2012/2 2012/3 2012/4 2012/5 2012/6 2012/7 2012/8 2012/9 2012/10 2012/11 2012/12 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*
Overall HDB Flats Resale Index Monthly Index Value Change 140.3 0 140.7 0.3% 141.5 0.6% 142.8 0.9% 143.5 0.5% 143.2 -0.2% 145.2 1.4% 146.0 0.6% 146.7 0.5% 148.3 1.1% 149.6 0.9% 149.9 0.2% 152.3 1.6% 152.0 -0.2% 152.4 0.3% 152.4 0.0% 152.1 -0.2% 151.3 -0.5% 150.6 -0.5% 149.9 -0.5% 150.0 0.1% 147.7 -1.5% 146.7 -0.7% 146.0 -0.5% 146.5 0.3% 144.5 -1.4% 145.0 0.3%
3-room Flats Monthly Index Value Change 144.1 144.5 0.3% 145.6 0.8% 146.0 0.3% 145.9 -0.1% 147.1 0.8% 149.7 1.8% 149.6 -0.1% 150.8 0.8% 151.7 0.6% 153.0 0.9% 152.7 -0.2% 155.2 1.6% 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% 148.5 0.3% 145.6 -2.0% 146.4 0.5%
4-room Flats Monthly Index Value Change 141.3 141.1 -0.1% 141.8 0.5% 143.0 0.8% 143.8 0.6% 143.2 -0.4% 144.8 1.1% 145.8 0.7% 146.4 0.4% 148.0 1.1% 150.1 1.4% 150.5 0.3% 152.4 1.3% 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% 146.1 -0.1% 144.1 -1.4% 145.3 0.8%
5-room Flats Monthly Index Value Change 136.8 136.9 0.1% 137.1 0.1% 138.7 1.2% 140.0 0.9% 139.6 -0.3% 141.6 1.4% 142.9 0.9% 143.0 0.1% 144.9 1.3% 144.4 -0.3% 145.4 0.7% 147.4 1.4% 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% 141.7 1.0% 140.2 -1.1% 139.9 -0.2%
Executive Flats Monthly Index Value Change 134.9 137.4 1.9% 139.4 1.5% 141.8 1.7% 142.1 0.2% 141.9 -0.1% 143.6 1.2% 143.9 0.2% 145.2 0.9% 147.8 1.8% 148.9 0.7% 150.0 0.7% 151.2 0.8% 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% 151.0 1.6% 146.7 -2.8% 145.7 -0.7%
Source: srx.com.sg
1.3. Median Monthly Rent ($)
2014 March Overall Median Rents
$2,300
2014 February Overall Median Rents
$2,300
Change (Month-on-month)
0.0%
Note: Grey color fields contain figures derived from less than 10 transactions. Yellow color fields contain figures derived from only 1 transaction.
3
Source: srx.com.sg
Residential Property Flash Report March 2014* HDB Resale & Rental Market * Based on numbers compiled 3 April 2014.
1.4. Benchmarking X-Value against transacted price
1.5. Benchmarking X-Value against valuation
Source: srx.com.sg
Source: srx.com.sg
Residential Property Flash Report March 2014* HDB Resale & Rental Market * Based on numbers compiled 3 April 2014.
1.5. Transaction Over X-Value(TOX): The new market forward indicator
Source: srx.com.sg
