Residential Property Flash Report Non-Landed Private Resale Feb 2015
Residential Property Flash Report Non-Landed Private Resale
Feb 2015 *Based on number compiled 6 Mar 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
Feb 2015 *Based on number compiled 6 Mar 2015.
1. Resale Market Resale Volume
321 [E]
Caveat
Non-Caveat (typically represents 5-10% of transactions for past quarters)
Source: SRX PROPERTY / URA
Resale Price
170.2
168.8
170.0
168.8
169.7
168.4
168.2
168.3
168.4
2014/11
2014/12
2015/01
2015/02*
172.1
2014/10
173.4
2014/9
174.5
2014/8
174.0
2014/7
180.0
2014/6
SPI for NL Private Resale
Index: Base 2009 Jan
170.0 160.0 150.0
140.0 130.0
2015 Feb Resale Index
168.4
2015 Jan Resale Index
168.3
Change (Month-on-month)
0.0%
*The latest month’s values are based on flash estimates
2
Source: SRX PROPERTY / URA
(Flash)
2014/5
2014/4
2014/3
2014/2
120.0
Residential Property Flash Report Non-Landed Private Resale
Feb 2015 *Based on number compiled 6 Mar 2015.
SPI by Region Year/Month All Non-Landed Private
Core Central Region
Rest of Central Region
Outside Central Region
Index Value
Monthly Change
Index Value
Monthly Change
Index Value
Monthly Change
Index Value
Monthly Change
2014/2
174.0
-2.7%
158.6
-2.8%
173.0
-1.2%
177.0
-2.4%
2014/3
174.5
0.3%
159.7
0.7%
175.4
1.4%
177.0
0.0%
2014/4
173.4
-0.6%
153.6
-3.8%
173.6
-1.0%
177.4
0.2%
2014/5
172.1
-0.7%
153.9
0.2%
174.9
0.7%
175.3
-1.2%
2014/6
170.2
-1.1%
156.6
1.8%
166.9
-4.6%
174.5
-0.5%
2014/7
168.8
-0.8%
147.1
-6.1%
166.4
-0.3%
173.9
-0.3%
2014/8
170.0
0.7%
155.7
5.8%
164.5
-1.1%
174.6
0.4%
2014/9
168.8
-0.7%
153.1
-1.7%
170.0
3.3%
171.4
-1.8%
2014/10
169.7
0.5%
154.3
0.8%
170.5
0.3%
172.8
0.8%
2014/11
168.4
-0.8%
156.3
1.3%
167.9
-1.5%
170.4
-1.4%
2014/12
168.2
-0.1%
152.4
-2.4%
166.0
-1.1%
171.2
0.5%
2015/01
168.3
0.0%
149.7
-1.8%
168.3
1.4%
169.7
-0.8%
2015/02*
168.4
0.0%
151.9
1.5%
167.0
-0.8%
173.1
2.0%
*The latest month’s values are based on flash estimates
Source: SRX PROPERTY / URA
2. Median Transaction Over X-Value (TOX) ($) Median Resale TOX 5,000 3,000 0 -2,000 -4,000
0 -5,000 -5,000 -10,000
-10,000 -10,000 -12,000 -12,000 -15,000 -15,000 -17,000 -20,000 -20,000
-10,000 -15,000
-10,000 -10,000
-10,000
-20,000
2015 Feb TOX
-$10,000
2015 Jan TOX
-$10,000
Change (Month-on-month)
0 Source: SRX PROPERTY
3
2015M2
2015M1
2014M12
2014M11
2014M10
2014M9
2014M8
2014M7
2014M6
2014M5
2014M4
2014M3
2014M2
2014M1
2013M12
2013M11
2013M10
2013M9
-25,000
Residential Property Flash Report Non-Landed Private Resale
Feb 2015 *Based on number compiled 6 Mar 2015.
TOX by District DISTRICT 1 2 3 4 5 6 7 8 9 10 11 12 13 14
Median TOX -30,000 -140,000 20,000 -95,000 -2,000 5,000 -30,000 -40,000 27,000 -10,000 30,000 60,000 29,000
DISTRICT 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Overall
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
Median TOX -31,000 -10,000 -5,000 -11,000 1,000 10,000 -7,000 0 -20,000 33,000 5,000 -29,000 -10,000
Source: SRX PROPERTY
Feb 2015 *Based on number compiled 6 Mar 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
Feb 2015 *Based on number compiled 6 Mar 2015.
1. Resale Market Resale Volume
321 [E]
Caveat
Non-Caveat (typically represents 5-10% of transactions for past quarters)
Source: SRX PROPERTY / URA
Resale Price
170.2
168.8
170.0
168.8
169.7
168.4
168.2
168.3
168.4
2014/11
2014/12
2015/01
2015/02*
172.1
2014/10
173.4
2014/9
174.5
2014/8
174.0
2014/7
180.0
2014/6
SPI for NL Private Resale
Index: Base 2009 Jan
170.0 160.0 150.0
140.0 130.0
2015 Feb Resale Index
168.4
2015 Jan Resale Index
168.3
Change (Month-on-month)
0.0%
*The latest month’s values are based on flash estimates
2
Source: SRX PROPERTY / URA
(Flash)
2014/5
2014/4
2014/3
2014/2
120.0
Residential Property Flash Report Non-Landed Private Resale
Feb 2015 *Based on number compiled 6 Mar 2015.
SPI by Region Year/Month All Non-Landed Private
Core Central Region
Rest of Central Region
Outside Central Region
Index Value
Monthly Change
Index Value
Monthly Change
Index Value
Monthly Change
Index Value
Monthly Change
2014/2
174.0
-2.7%
158.6
-2.8%
173.0
-1.2%
177.0
-2.4%
2014/3
174.5
0.3%
159.7
0.7%
175.4
1.4%
177.0
0.0%
2014/4
173.4
-0.6%
153.6
-3.8%
173.6
-1.0%
177.4
0.2%
2014/5
172.1
-0.7%
153.9
0.2%
174.9
0.7%
175.3
-1.2%
2014/6
170.2
-1.1%
156.6
1.8%
166.9
-4.6%
174.5
-0.5%
2014/7
168.8
-0.8%
147.1
-6.1%
166.4
-0.3%
173.9
-0.3%
2014/8
170.0
0.7%
155.7
5.8%
164.5
-1.1%
174.6
0.4%
2014/9
168.8
-0.7%
153.1
-1.7%
170.0
3.3%
171.4
-1.8%
2014/10
169.7
0.5%
154.3
0.8%
170.5
0.3%
172.8
0.8%
2014/11
168.4
-0.8%
156.3
1.3%
167.9
-1.5%
170.4
-1.4%
2014/12
168.2
-0.1%
152.4
-2.4%
166.0
-1.1%
171.2
0.5%
2015/01
168.3
0.0%
149.7
-1.8%
168.3
1.4%
169.7
-0.8%
2015/02*
168.4
0.0%
151.9
1.5%
167.0
-0.8%
173.1
2.0%
*The latest month’s values are based on flash estimates
Source: SRX PROPERTY / URA
2. Median Transaction Over X-Value (TOX) ($) Median Resale TOX 5,000 3,000 0 -2,000 -4,000
0 -5,000 -5,000 -10,000
-10,000 -10,000 -12,000 -12,000 -15,000 -15,000 -17,000 -20,000 -20,000
-10,000 -15,000
-10,000 -10,000
-10,000
-20,000
2015 Feb TOX
-$10,000
2015 Jan TOX
-$10,000
Change (Month-on-month)
0 Source: SRX PROPERTY
3
2015M2
2015M1
2014M12
2014M11
2014M10
2014M9
2014M8
2014M7
2014M6
2014M5
2014M4
2014M3
2014M2
2014M1
2013M12
2013M11
2013M10
2013M9
-25,000
Residential Property Flash Report Non-Landed Private Resale
Feb 2015 *Based on number compiled 6 Mar 2015.
TOX by District DISTRICT 1 2 3 4 5 6 7 8 9 10 11 12 13 14
Median TOX -30,000 -140,000 20,000 -95,000 -2,000 5,000 -30,000 -40,000 27,000 -10,000 30,000 60,000 29,000
DISTRICT 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Overall
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
Median TOX -31,000 -10,000 -5,000 -11,000 1,000 10,000 -7,000 0 -20,000 33,000 5,000 -29,000 -10,000
Source: SRX PROPERTY
