Residential Property Flash Report Non-Landed Private Resale Oct 2014
Residential Property Flash Report Non-Landed Private Resale
Oct 2014 *Based on number compiled 7 Nov 2014.
As a public service to Singapore’s news media, SRX Property 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.
As a result, the SRX Flash Report provides property trends ahead of market.
About SRX Property. The Singapore Real Estate Exchange (SRX) Property is an electronic network powered by StreetSine Technology. Leading Estate Agencies and salespersons go to SRX Property to obtain market information to conduct real estate transactions. SRX Property 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 Property, please contact Esperanza G. Canlas on +65 8157 6290 or [email protected]. For technical questions regarding SRX Property 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 Property data prior to publication.
1
Residential Property Flash Report Non-Landed Private Resale
Oct 2014 *Based on number compiled 7 Nov 2014.
1. Resale Market Resale Volume
451[E]
Caveat
Non-Caveat (typically represents 5-10% of transactions for past quarters)
Resale Index Index: Base 2009 Jan
190.0
173.4
175.2
174.0
174.5
173.4
172.1
170.2
168.8
169.8
168.8
169.5
2014/10*
178.8
177.5
2014/9
176.8
2014/8
178.4 180.0
170.0
160.0
150.0
140.0
130.0
2014/7
2014/6
2014/5
2014/4
2014/3
2014/2
2014/1
2013/12
2013/11
2013/10
2013/9
2013/8
120.0
2014 Oct Resale Index
169.5
2014 Sep Resale Index
168.8
Change (Month-on-month)
+0.4%
*The latest month’s values are based on flash estimates
Source: srx.com.sg
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Residential Property Flash Report Non-Landed Private Resale
Oct 2014 *Based on number compiled 7 Nov 2014.
Regional Performances Year/Mont All Non-Landed Private h
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
2013/10
177.5
0.4%
164.4
0.4%
174.2
-1.1%
178.8
-0.7%
2013/11
173.4
-2.3%
163.6
-0.5%
172.3
-1.1%
176.4
-1.3%
2013/12
175.2
1.0%
160.9
-1.7%
179.5
4.2%
176.3
-0.1%
2014/1
178.8
2.1%
163.2
1.4%
175.1
-2.5%
181.3
2.8%
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
169.8
0.6%
155.8
5.9%
164.1
-1.4%
174.1
0.1%
2014/9
168.8
-0.6%
153.4
-1.5%
170.6
4.0%
170.8
-1.9%
2014/10*
169.5
0.4%
153.0
-0.3%
171.6
0.6%
171.9
0.6%
*The latest month’s values are based on flash estimates
2. Median Transaction Over X-Value (TOX) ($) Medain Resale TOX 3,000
5,000 0
-2,000
0
-4,000
-5,000 -5,000
-10,000
-10,000 -12,000
-10,000
-10,000
-12,000
-15,000
-15,000
-17,000
-15,000
-20,000
-20,000
-20,000
2014 Oct TOX
-$4,000
2014 Sep TOX
-$2,000
Change (Month-on-month)
-$2,000
2014M10
2014M9
2014M8
2014M7
2014M6
2014M5
2014M4
2014M3
2014M2
2014M1
2013M12
2013M11
2013M10
2013M9
2013M8
-25,000
Source: srx.com.sg
3
Residential Property Flash Report Non-Landed Private Resale
Oct 2014 *Based on number compiled 7 Nov 2014.
TOX by District
DISTRICT
Median TOX
DISTRICT
Median TOX
1
-58,000
16
-5,000
2
100,000
17
-23,000
3
-30,000
18
0
4
110,000
19
10,000
5
-20,000
20
-50,000
8
-40,000
21
0
9
22,000
22
50,000
10
30,000
23
-25,000
11
-31,000
25
15,000
12
-40,000
26
-4,000
13
-40,000
27
12,000
14
-41,000
28
65,000
15
-2,000
Overall
-4,000
Note: Blue color fields contain figures derived from less than 10 transactions. Yellow color fields contain figures derived from only 1 transaction. Numbers are rounded to the nearest thousand.
Source: srx.com.sg
4
Oct 2014 *Based on number compiled 7 Nov 2014.
As a public service to Singapore’s news media, SRX Property 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.
As a result, the SRX Flash Report provides property trends ahead of market.
About SRX Property. The Singapore Real Estate Exchange (SRX) Property is an electronic network powered by StreetSine Technology. Leading Estate Agencies and salespersons go to SRX Property to obtain market information to conduct real estate transactions. SRX Property 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 Property, please contact Esperanza G. Canlas on +65 8157 6290 or [email protected]. For technical questions regarding SRX Property 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 Property data prior to publication.
1
Residential Property Flash Report Non-Landed Private Resale
Oct 2014 *Based on number compiled 7 Nov 2014.
1. Resale Market Resale Volume
451[E]
Caveat
Non-Caveat (typically represents 5-10% of transactions for past quarters)
Resale Index Index: Base 2009 Jan
190.0
173.4
175.2
174.0
174.5
173.4
172.1
170.2
168.8
169.8
168.8
169.5
2014/10*
178.8
177.5
2014/9
176.8
2014/8
178.4 180.0
170.0
160.0
150.0
140.0
130.0
2014/7
2014/6
2014/5
2014/4
2014/3
2014/2
2014/1
2013/12
2013/11
2013/10
2013/9
2013/8
120.0
2014 Oct Resale Index
169.5
2014 Sep Resale Index
168.8
Change (Month-on-month)
+0.4%
*The latest month’s values are based on flash estimates
Source: srx.com.sg
2
Residential Property Flash Report Non-Landed Private Resale
Oct 2014 *Based on number compiled 7 Nov 2014.
Regional Performances Year/Mont All Non-Landed Private h
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
2013/10
177.5
0.4%
164.4
0.4%
174.2
-1.1%
178.8
-0.7%
2013/11
173.4
-2.3%
163.6
-0.5%
172.3
-1.1%
176.4
-1.3%
2013/12
175.2
1.0%
160.9
-1.7%
179.5
4.2%
176.3
-0.1%
2014/1
178.8
2.1%
163.2
1.4%
175.1
-2.5%
181.3
2.8%
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
169.8
0.6%
155.8
5.9%
164.1
-1.4%
174.1
0.1%
2014/9
168.8
-0.6%
153.4
-1.5%
170.6
4.0%
170.8
-1.9%
2014/10*
169.5
0.4%
153.0
-0.3%
171.6
0.6%
171.9
0.6%
*The latest month’s values are based on flash estimates
2. Median Transaction Over X-Value (TOX) ($) Medain Resale TOX 3,000
5,000 0
-2,000
0
-4,000
-5,000 -5,000
-10,000
-10,000 -12,000
-10,000
-10,000
-12,000
-15,000
-15,000
-17,000
-15,000
-20,000
-20,000
-20,000
2014 Oct TOX
-$4,000
2014 Sep TOX
-$2,000
Change (Month-on-month)
-$2,000
2014M10
2014M9
2014M8
2014M7
2014M6
2014M5
2014M4
2014M3
2014M2
2014M1
2013M12
2013M11
2013M10
2013M9
2013M8
-25,000
Source: srx.com.sg
3
Residential Property Flash Report Non-Landed Private Resale
Oct 2014 *Based on number compiled 7 Nov 2014.
TOX by District
DISTRICT
Median TOX
DISTRICT
Median TOX
1
-58,000
16
-5,000
2
100,000
17
-23,000
3
-30,000
18
0
4
110,000
19
10,000
5
-20,000
20
-50,000
8
-40,000
21
0
9
22,000
22
50,000
10
30,000
23
-25,000
11
-31,000
25
15,000
12
-40,000
26
-4,000
13
-40,000
27
12,000
14
-41,000
28
65,000
15
-2,000
Overall
-4,000
Note: Blue color fields contain figures derived from less than 10 transactions. Yellow color fields contain figures derived from only 1 transaction. Numbers are rounded to the nearest thousand.
Source: srx.com.sg
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