Residential Property Flash Report Sep 2014 Non-Landed Private Residential *Based on number compiled 10 Oct 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. Rental data is based on precise unit-level data from SRX Property only.
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
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Residential Property Flash Report Sep 2014 Non-Landed Private Residential *Based on number compiled 10 Oct 2014.
1. Resale Market Resale Index
Resale Volume
NL Private Resale Index
Index: Base 2009 Jan 190.0
180.0
468[E]
177.1
178.4
178.8
176.8 177.5 173.4
175.2
174.0 174.5 173.4
172.1
170.2
168.7 169.2 168.7
170.0
160.0
150.0
140.0
130.0
Caveat
2014 Sep Resale Index
168.7
2014 Aug Resale Index
169.2
Change (Month-on-month)
-0.3%
Non-Caveat Non-Caveat (typically represents 5-10% of transactions for past quarters)
2014/9*
2014/8
2014/7
2014/6
2014/5
2014/4
2014/3
2014/2
2014/1
2013/12
2013/11
2013/9
2013/10
2013/8
2013/7
120.0
Source: srx.com.sg
Regional Performances Year/Month
2013/9 2013/10 2013/11 2013/12 2014/1 2014/2 2014/3 2014/4 2014/5 2014/6 2014/7 2014/8 2014/9*
All Non-Landed Private Index Monthly Value Change 176.8 177.5 0.4% 173.4 -2.3% 175.2 1.0% 178.8 2.1% 174.0 -2.7% 174.5 0.3% 173.4 -0.6% 172.1 -0.7% 170.2 -1.1% 168.7 -0.9% 169.2 0.3% 168.7 -0.3%
Core Central Region Monthly All Change 163.7 164.4 0.4% 163.6 -0.5% 160.9 -1.7% 163.2 1.4% 158.6 -2.8% 159.7 0.7% 153.6 -3.8% 153.9 0.2% 156.6 1.8% 147.9 -5.6% 154.1 4.2% 155.5 0.9%
*The latest month’s values are based on flash estimates
Rest of Central Region Outside Central Region Monthly Monthly All Change All Change 176.1 180.1 174.2 -1.1% 178.8 -0.7% 172.3 -1.1% 176.4 -1.3% 179.5 4.2% 176.3 -0.1% 175.1 -2.5% 181.3 2.8% 173.0 -1.2% 177.0 -2.4% 175.4 1.4% 177.0 0.0% 173.6 -1.0% 177.4 0.2% 174.9 0.7% 175.3 -1.2% 166.9 -4.6% 174.5 -0.5% 168.2 0.8% 173.8 -0.4% 165.2 -1.8% 173.9 0.1% 170.0 2.9% 170.2 -2.1% Source: srx.com.sg
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Residential Property Flash Report Sep 2014 Non-Landed Private Residential *Based on number compiled 10 Oct 2014.
2. Rental Market Rental Volume
Rental Index NL Private Rental Index
Index: Base 2009 Jan 140.0 135.0
133.2 132.5
131.2 129.4
3,171[E]
128.5
130.0
127.5
129.1 128.3 127.5 127.0 126.3 125.9
124.8 124.6 124.3
125.0 120.0 115.0 110.0 105.0 100.0 95.0
2014 Sep Rental Index
124.3
2014 Aug Rental Index
124.6
Change (Month-on-month)
-0.2%
2014/8
2014/9*
2014/7
2014/6
2014/5
2014/4
2014/3
2014/2
2014/1
2013/12
2013/11
2013/9
2013/10
2013/8
2013/7
90.0
Source: srx.com.sg
Regional Performances Year/Month
2013/9 2013/10 2013/11 2013/12 2014/1 2014/2 2014/3 2014/4 2014/5 2014/6 2014/7 2014/8 2014/9*
All Non-Landed Private Index Value 131.2 129.4 128.5 127.5 129.1 128.3 127.5 127.0 126.3 125.9 124.8 124.6 124.3
Monthly Change -1.4% -0.7% -0.8% 1.3% -0.6% -0.6% -0.4% -0.6% -0.3% -0.9% -0.2% -0.2%
Core Central Region All 128.6 127.3 127.4 126.2 127.4 127.6 127.8 125.8 125.7 124.3 122.4 121.1 121.5
Monthly Change -1.0% 0.1% -0.9% 1.0% 0.2% 0.2% -1.6% -0.1% -1.1% -1.5% -1.1% 0.3%
*The latest month’s values are based on flash estimates
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Rest of Central Region Outside Central Region All 133.0 132.5 130.3 130.0 134.2 131.7 129.3 128.7 127.3 129.9 128.5 128.6 127.8
Monthly Change -0.4% -1.7% -0.2% 3.2% -1.9% -1.8% -0.5% -1.1% 2.0% -1.1% 0.1% -0.6%
All 130.4 128.6 128.3 127.9 128.5 127.1 126.9 127.0 125.3 124.1 124.0 123.8 122.7
Monthly Change -1.4% -0.2% -0.3% 0.5% -1.1% -0.2% 0.1% -1.3% -1.0% -0.1% -0.2% -0.9%
Source: srx.com.sg
Residential Property Flash Report Sep 2014 Non-Landed Private Residential *Based on number compiled 10 Oct 2014.
3. Median Transaction Over X-Value (TOX) ($) Median TOX 3,000
5,000 0
-2,000
0 -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 Sep TOX
-$2,000
2014 Aug TOX
-$10,000
Change (Month-on-month)
+$8,000
2014M9
2014M8
2014M7
2014M6
2014M5
2014M4
2014M3
2014M2
2014M1
2013M12
2013M11
2013M10
2013M9
2013M8
-25,000
Source: srx.com.sg
TOX by District DISTRICT 1 2 3 4 5 7 8 9 10 11 12 13 14
Median TOX -80,000 -65,000 -17,000 100,000 -5,000 -230,000 -10,000 -37,000 10,000 -35,000 -23,000 -40,000 8,000
DISTRICT 15 16 17 18 19 20 21 22 23 25 27 28 Overall
Note: Grey 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.
Median TOX 65,000 18,000 9,000 23,000 -20,000 -10,000 -15,000 40,000 2,000 4,000 -2,000 50,000 -2,000 Source: srx.com.sg
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