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