Residential Property Flash Report Non-Landed Private Resale Dec ...

Report 2 Downloads 28 Views
Residential Property Flash Report Non-Landed Private Resale

Dec 2014 *Based on number compiled 9 Jan 2015.

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 SRX 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 or [email protected].

SRX

Property,

please

contact

Esperanza

G.

Canlas

on

+65

8157

6290

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.

1

Residential Property Flash Report Non-Landed Private Resale

Dec 2014 *Based on number compiled 9 Jan 2015.

1. Resale Market Resale Volume

371[E]

Caveat

Non-Caveat (typically represents 5-10% of transactions for past quarters)

Source: SRX PROPERTY / URA

Resale Price Index: Base 2009 Jan

SPI for NL Private Resale

190.0 180.0

176.8 177.5

178.8 173.4 175.2

174.0 174.5 173.4 172.1 170.2 168.8 170.0 168.8 169.6 167.8 167.9

170.0 160.0 150.0 140.0 130.0

167.9

2014 Nov Resale Index

167.8

Change (Month-on-month)

+0.1% Source: SRX PROPERTY / URA

2014/12*

2014/11

2014/10

2014/9

2014/8

2014/7

2014/6

2014/5

2014/4

2014 Dec Resale Index

*The latest month’s values are based on flash estimates

2

2014/3

2014/2

2014/1

2013/12

2013/11

2013/10

2013/9

120.0

Residential Property Flash Report Non-Landed Private Resale

Dec 2014 *Based on number compiled 9 Jan 2015.

SPI by Region Outside Central Region

Year/Month All Non-Landed Private Core Central Region Rest of Central Region

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

Index Value

Monthly Change

Index Value

Monthly Change

Index Value

Monthly Change

Index Value

Monthly Change

175.2 178.8 174.0 174.5 173.4 172.1 170.2 168.8 170.0 168.8 169.6 167.8 167.9

1.0% 2.1% -2.7% 0.3% -0.6% -0.7% -1.1% -0.8% 0.7% -0.7% 0.5% -1.1% 0.1%

160.9 163.2 158.6 159.7 153.6 153.9 156.6 147.1 155.7 153.1 153.1 152.9 151.2

-1.7% 1.4% -2.8% 0.7% -3.8% 0.2% 1.8% -6.1% 5.8% -1.7% 0.0% -0.1% -1.1%

179.5 175.1 173.0 175.4 173.6 174.9 166.9 166.4 164.5 170.0 170.6 168.1 166.1

4.2% -2.5% -1.2% 1.4% -1.0% 0.7% -4.6% -0.3% -1.1% 3.3% 0.4% -1.5% -1.2%

176.3 181.3 177.0 177.0 177.4 175.3 174.5 173.9 174.6 171.4 172.7 169.2 170.1

-0.1% 2.8% -2.4% 0.0% 0.2% -1.2% -0.5% -0.3% 0.4% -1.8% 0.8% -2.0% 0.5%

*The latest month’s values are based on flash estimates

Source: SRX PROPERTY / URA

2. Median Transaction Over X-Value (TOX) ($) Median Resale TOX 3,000

5,000 0

0 -2,000

0

-4,000

-5,000 -5,000 -10,000

-10,000 -12,000

-10,000

-10,000

-10,000

-12,000

-15,000

-15,000

-17,000

-15,000

-20,000

-20,000

-20,000

2014 Dec TOX

-$10,000

2014 Nov TOX

$0

Change (Month-on-month)

-$10,000 Source: SRX PROPERTY

3

2014M12

2014M11

2014M10

2014M9

2014M8

2014M7

2014M6

2014M5

2014M4

2014M3

2014M2

2014M1

2013M12

2013M11

2013M10

2013M9

2013M8

-25,000

Residential Property Flash Report Non-Landed Private Resale

Dec 2014 *Based on number compiled 9 Jan 2015.

TOX by District DISTRICT

Median TOX

DISTRICT

Median TOX

1

-52,000

15

24,000

2 3

28,000

16

80,000

17

-10,000

4

-10,000

18

-12,000

5

-32,000

19

-25,000

6 7

-

20

-2,000

21

20,000

8

-60,000

22

-25,000

9

5,000

23

-41,000

10

-80,000

-

11

-40,000

24 25

12

-30,000

26

13 14

-40,000

27

-17,000

-500

28

-10,000

Overall

-10,000

Note: Blue fields contain figures derived from less than 10 transactions with TOX. Green fields contain figures derived from only 1 transaction with TOX. Numbers are rounded to the nearest thousand.

4

25,000

Source: SRX PROPERTY