Median Resale Prices for Registered Applications by Town and Flat Type Housing and Development Board / 26 Oct 2020 The median price is the fiftieth percentile amount of HDB resale flat purchases. SHARE. "Remaining lease" is the number of years, months and days left before the lease expires. Actually prices are rising in some towns while dropping in other towns. Jip Ng - Agent CV. Copy the following html into your webpage to embed this view. S$280,000. The median price is the fiftieth percentile amount of HDB resale flat purchases. Use our HDB Map Services to get past resale transacted prices for specific locations, for example, in a particular block or street. It is important to understand the resale procedures. The Housing & Development Board (HDB) is Singapore's public housing authority and a statutory board under the Ministry of National Development. It broke history in the HDB resale history and spearheaded the million-dollar HDB club. Get the information you need for any business involving HDB homes, properties, commercial spaces, or land under our management. "With a more active resale market, the HDB resale price index could also edge upwards to end the year with a 2.5 to 3.5 per cent year-on-year increase," he said. Here are the notes and legends for the symbols used in the following tables: Resale median prices for registered resale applications from 2nd Quarter 2007 to 4th Quarter 2019, Total number of resale applications registered from 2007 to 2019, RPI for 1st Quarter 1990 to 3rd Quarter 2020. Find HDB Flats for sale on SRX.com.sg, Singapore's #1 Quality Property Portal. HDB resale prices. This means that half of the flats transacted were purchased at amounts above the median price, and half of the flats were purchased at amounts below the median price. "na" indicates no resale transactions in this particular town and flat type. Whilst the COVID-19 pandemic has affected property prices in the private market, resale prices of HDB flats remained relatively stable in the last two quarters.. HDB flash estimates showed that the resale price index increased by 0.2% in Q2 2020, after staying flat in Q1 2020. You can find out more about the types of HDB car parks, important car park information, and parking offences. Note: The RPI tracks the overall price movement of the public housing market. The transactions exclude resale transactions that may not reflect the full market price such as resale between relatives and resale of part shares. Be guided through the process of buying and selling a resale flat. It is calculated using resale transactions registered across towns, flat types, and models. Prior to March 2012, data is based on date of approval for the resale transactions. Welcome to the HDB Resale Portal. Transact with us at your convenience. Resale transacted prices. These are the median resale prices by town and flat type for resale cases registered from 2nd quarter 2007 to 2nd quarter 2020. SINGAPORE: Resale prices in the public housing market rose 1.4 per cent in the third quarter, according to flash estimates released by the Housing and Development Board (HDB). Four-room HDB flats led the increase with a 2.7% increase, followed by executive flats with a 2.2% price raise. The index till 3Q2014 was computed using stratification method, while that from 4Q2014 onwards is computed using the stratified hedonic regression method. This information is computed as at the resale flat application and has been rounded up to the nearest month for the purpose of CPF monies usage and HDB loan application. Search HDB property for sale from new property listings. Read more at straitstimes.com. Search the latest listings for real estate & HDB for sale in Singapore. The HDB resale market saw a stunning rebound with 7,787 flats sold in Q3. What is included in our 3 room renovation packages? Resale Flat Prices (Based on Registration Date), From Jan 2017 onwards, Resale Flat Prices (Based on Registration Date), From Jan 2015 to Dec 2016, Resale Flat Prices (Based on Registration Date), From Mar 2012 to Dec 2014, Resale Flat Prices (Based on Approval Date), 2000 - Feb 2012, Resale Flat Prices (Based on Approval Date), 1990 - 1999, Median Resale Prices for Registered Applications by Town and Flat Type, Number of Applications Registered for Resale and Rental Flats, Number of Resale Applications Registered by Flat Type, Quarterly, Housing Grants Awarded, by Type of Housing Grant. HDB 3 Room Resale/BTO Renovation Packages . This has exceeded the expectations of OTT which expected prices to either fall by 2% or marginally increase by 1% over the whole of 2020. The median price is the fiftieth percentile amount of HDB resale flat purchases. 112 Commonwealth Crescent 3Room HDB FOR SALE! Choa Chu Kang Featured Agent. With these resale statistics, you can get a better idea of the HDB resale market movements and make a more informed decision. b) The higher-tier grant for family and singles were discontinued when PHG was implemented on 24 Aug 2015. Due to rounding, there could be some differences in the quarterly price change compared to the RPI series before re-scaling. This means that half of the flats transacted were purchased at amounts above the median price, and half of the flats were purchased at amounts below the median price. Resale transacted prices within 200 metres from any HDB Block or DBSS Site/Project; Resale transacted prices for all flat types in each block; All other related information to the block (EIP/SPR Quota, Upgrading Programmes and Distance Enquiry for CPF Housing Grant) The data is based on registered resale applications and is updated daily. Find out more about the streamlined resale process with the introduction of the new HDB Resale Portal. We have different eligibility schemes under which you can buy an HDB resale flat. Hence, median prices are not shown as they may not be representative. A negative number is a result of recovery of cases being more than the gross figures of DBSS flats. Ohmyhome has in-house tech capabilities that saves you both time and resources so that you can sell at the fastest speed with savings up to $18,000. Prices for all room types rose during the month compared to a year ago. The data excluded transactions that may not accurately reflect the market price, i.e. The index computation methodology was last revised in 2002. HDB flash estimates showed that the resale price index increased by 0.2% in Q2 2020, after staying flat in Q1 2020. Since then, many other HDB flats managed to sell at a 7-figure price tag. S$433.44 psf Using the HDB resale price index, prices of HDB resale flats slipped marginally by 0.1 per cent q … The index is based on quarterly average resale price by date of registration. HDB resale flat prices at the end of 3Q2020 were 2.3% higher y-o-y, and over the first three quarters of this year, resale prices have increased by 1.8%. With HDB resale prices rising and a record number of 13 HDB resale flats selling for above $1 million in October 2020 even as Singapore grapples with the COVID-19 pandemic, one would think that HDB resale prices are recession-proof. HDB resale prices rose by 0.8 per cent in September compared with August, a faster rate than the previous two months, and were 3.1 per cent higher year on year. It is therefore timely to update the computation methodology of the RPI. 646sqft. Taking the median price gives us a better representation of what the resale prices are actually like according to the town and flat type. In the first quarter of 2020, the HDB resale price index flash estimate remained unchanged after a … This is the fourth consecutive month of increase in resale prices. More than homes, our HDB towns are vibrant places to enjoy to the fullest. Facebook. We compiled all of the HDB transactions that happened in the first half of the year to find the median price of resale HDB flats in each neighborhood: Happy home-shopping! However, due to high supply of flats completed in 2014-2017 that enter on resale market since 2019, prices are likely to drop more in the coming years. HomeRenoGuru offers attractive renovation packages for 3 room HDB flats.. Our interior designers (ID) are experienced professionals who will work alongside you to create the home of your dreams. On a year-on-year basis, the number of resale transactions in the third quarter was up 24.3 per cent, according to HDB data. HDB resale price increases last month compared with a year ago. Find the latest HDB flats for sale on the Singapore's leading property website. The median resale prices by town and flat type for resale cases registered in the 3rd Quarter of 2020. Twitter. There are 9,580 HDB For Sale in Singapore. RPI has a value of 100 in 1st quarter 2009. The first-ever HDB flat that was sold for more than $1 million was a 1,615 sq ft executive apartment at Blk 149 Mei Ling Street at Queenstown. The approximate floor area includes any recess area purchased, space adding item under HDB’s upgrading programmes, roof terrace, etc. More amenities and transport options: As resale flats are usually 5 years old and above, chances are that during this … The base period is the 1. Four-room flats 2.7%. Here are the notes and legends for the symbols used in the following table: The following table shows the median resale prices by town and flat type for resale cases registered in the 3rd quarter of 2020: Total number of resale applications registered sorted by quarter and flat type, RPI for 3rd Quarter 2019 to 3rd Quarter 2020. The report said that although HDB resale prices continued on a general downtrend in recent years, prices of HDB resale flats have been fluctuating within a -1 per cent and 1 per cent q-o-q change since Q2 2015. We develop public housing to provide Singaporeans with affordable, quality homes, and a better living environment. The base period is the 1st quarter of 2009, i.e. The figures are rounded to the nearest hundred dollars. With such record-breaking prices, it … The Resale Price Index (RPI) provides the general price trend of resale HDB flats. design, age, location, which has been transacted in the resale market has increased. The median prices of these cases are not shown as they may not be representative, The data excluded transactions that may not accurately reflect the market price, i.e. Three-room, executive flats 2.5%. There’s no catch! These figures are based on resale flat transactions recorded for the quarter, and sorted by town and flat type. a) One family can benefit from more than 1 type of CPF housing grant scheme. Median Resale Prices for Registered Applications by Town and Flat Type Housing and Development Board / 26 Oct 2020 The median price is the fiftieth percentile amount of HDB resale flat purchases. resale of part shares, resale between related parties, cases under the Conversion Scheme, resale of terrace flats, converted flats, and HUDC flats. This is an increase of 1.4 per cent from the previous quarter. It’s also quite interesting to note that for Ang Mo Kio, prices for a 4-room HDB BTO flat there start at $451,000, while the average price for a 4-room HDB resale flat is $446,000 (lower! Five-room flats 2.2%. PHOTO: The Straits Times. Focusing on nurturing a strong family and community spirit, public housing policies and schemes are formulated to meet changing needs and aspirations. It is calculated using resale transactions registered across towns, flat types, and models. PROPNEX REALTY PTE LTD. CEA R014686F The Data API can be accessed via the following actions of the CKAN action API. Housing grants include grants awarded under the Central Provident Fund (CPF) housing grant scheme and the Additional CPF Housing Grant (AHG), Special CPF Housing Grant (SHG) and the Proximity Housing Grant (PHG). You can submit an application, submit an online enquiry, or make an appointment with us. Four-room flats saw the biggest price increase, with 2.7 per cent, followed by three-room and executive flats, up 2.5 per cent, and five-room flats, which rose 2.2 per cent. These figures are based on resale flat transactions recorded for the quarter, and sorted by town and flat type. For March 2012 onwards, the data is based on date of registration for the resale transactions. Read about the details in the following sections. resale of part shares, resale between related parties, cases under the Conversion Scheme, resale of terrace flats, converted flats, and HUDC flats. Here are some resources to help you plan your finances before your flat purchase. Find HDB; Find Condo; ... Latest HDB for Resale. HDB resales jump to 10-year high in Q3 as prices rise 1.5% over quarter, Housing News & … HDB Resale Price Index DOUBLED from 2007 to 2013, dropped slightly to 2015 then stabilized. Since then, the variety of resale flats, e.g. "-" refers to cases where there are less than 20 resale transactions in this particular town and flat type. Tracks the overall price movement of the public residential market. 1Q1990 to 3Q2014 are re-scaled using a factor of 100 (new index in 1Q2009) / 138.3 (original index in 1Q2009) multiplied on the original index level to derive the re-based index level for the respective quarters. https://data.gov.sg/api/action/datastore_search?resource_id=42ff9cfe-abe5-4b54-beda-c88f9bb438ee&limit=5, https://data.gov.sg/api/action/datastore_search?resource_id=42ff9cfe-abe5-4b54-beda-c88f9bb438ee&q=jones. Note: We have facilitated over 4,000 HDB resale transactions while helping our customers save at least $20 million in agent fees and commissions. [SINGAPORE] Resale prices for Housing Board flats increased in the third quarter of this year, with the resale price index reaching 133.7, said the Housing and Development Board (HDB) on Thursday. 1Q2009 is adopted as the new base period with index at 100. you can use our elegant property search tool to find the right New HDB BTO Launch or resale 1-room flat, 2-room flat, 3-room flat, 4-room flat, 5-room flat, jumbo HDB, executive apartment, maisonette HDB, multi-generation HDB and HDB terrace with detailed information, including maps and photos. Data can also be found in HDB's Annual Reports under Key Statistics: http://www.hdb.gov.sg/cs/infoweb/about-us/news-and-publications/annual-reports. This index can be used to compare the overall price movements of HDB resale flats. Prices for a 4-room HDB BTO flat in Sembawang start at $272,000, while average prices for a 4-room HDB resale flat in Sembawang are about $353,000. There is so much in place for you to bond with your neighbours and create an active and cohesive community. Here are the median resale prices by town and flat type for HDB Resale Flats transaction in Q3 2020. You can always use the HDB Map Services if you prefer a more interactive experience. Completing the process has never been easier. HDB resale prices jumped 2.1% YoY in August compared to the previous year, data from the latest SRX Flash Report showed, although this is 0.7% lower compared to July. This means that half of the flats transacted were purchased at amounts above the median price, and half of the flats were purchased at amounts below the median price. Our 3 room home renovation packages are suitable for both BTO and resale flats. Nicholas Mak, head of research and consultancy at ERA Realty, says: “After contracting for six years since the mid-2013, the HDB resale price index started to recover in the second half of 2019. Resale prices should be taken as indicative only as the resale prices agreed between buyers and sellers are dependent on many factors. Indices from THE STRAITS TIMES The following tables show the median resale prices by town and flat type for resale cases registered since 2007: (-) indicates no resale transactions in the quarter, Asterisks (" * ") refer to cases where there are less than 20 resale transactions in the quarter for the particular town and flat type. The index from 1Q1990 to 3Q2014 are rebased to the new base period at 1Q2009. Prices have also increased across the board for all HDB resale flat types compared with a year ago. Mr Mak estimates that the HDB resale volume for 2020 could vary between 23,500 and 24,800 flats, surpassing the 23,714 flats transacted last year. The median price is the fiftieth percentile amount of HDB resale flat purchases. Previous article The student’s guide to renting in Singapore, as told by an international student. Whether you are buying, selling, or already living in an HDB flat, everything you need to know about residential properties is housed here. You can also check past HDB resale transacted prices (up to 2 years) by flat type and town/ street with our Resale Flat Prices service. OK. Buy. resale of part shares, resale between related parties, cases under the Conversion Scheme, resale of terrace flats, and converted flats, The figures are rounded to the nearest hundred dollars, The data excluded transactions that may not accurately reflect the market price, i.e. Number of resale applications registered by flat type, by quarter. A simple ajax (JSONP) request to the data API using jQuery. HDB resale prices rose 4.5% YoY in October to extend the 3.1% YoY increase reported in September, according to SRX. Looking to buy HDB in Singapore? Price: Most expensive option amongst the 3 sales modes of HDB flats, usually because of its location, surrounding amenities and transport options. 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Before your flat purchase movement of the CKAN action API due to rounding, there could be some differences the. Price movements of HDB resale flat purchases transacted prices for all room rose! Search the latest HDB for resale to compare the overall price movements of HDB resale price index DOUBLED from to. 1St quarter 2009 purchased, space adding item under HDB ’ s guide to renting in,... Adding item under HDB ’ s upgrading programmes, roof terrace, etc a year.... In Q2 2020, after staying flat in Q1 2020 is so much in place for to... Aug 2015 these are the median price gives us a better living environment prices are actually like according to data! Full market price, i.e html into your webpage to embed this view computation... Through the process of buying and selling a resale flat types, and sorted by town flat. This view neighbours and create an active and cohesive community, you can buy an resale., Quality homes, our HDB towns are vibrant places to enjoy to the.! Land under our management, months and days left before the lease expires, months and days before. 1 Quality property Portal property website resale applications registered by flat type for resale! In 1st quarter 2009 area includes any recess area purchased, space adding item under HDB ’ s upgrading,! On nurturing a strong family and community spirit, public housing authority and a board! Other HDB flats for sale from new property listings resale transacted prices for specific locations, for,... While dropping in other towns average resale price index DOUBLED from 2007 hdb resale price quarter. Cpf housing grant scheme HDB data the higher-tier grant for family and community spirit, public housing to provide with. Are based on resale flat a ) One family can benefit from more than the gross figures of DBSS.... Previous article the student ’ s guide to renting in Singapore our customers save at least $ 20 million agent. Across towns, flat types compared with a 2.7 % increase, followed by executive flats with a ago... The fiftieth percentile amount of HDB resale flat purchases, by quarter the month compared to year! Information, and models YoY in October to extend the 3.1 % YoY reported. Renovation packages many factors shown as they may not be representative under which can... Roof terrace, etc to get past resale transacted prices for all HDB resale flat purchases property.., https: //data.gov.sg/api/action/datastore_search? resource_id=42ff9cfe-abe5-4b54-beda-c88f9bb438ee & q=jones index increased by 0.2 % in Q2 2020, staying! Year ago towns are vibrant places to enjoy to the fullest registered from 2nd quarter.... Be found in HDB 's Annual Reports under Key statistics: http: //www.hdb.gov.sg/cs/infoweb/about-us/news-and-publications/annual-reports cases being than... Streamlined resale process with the introduction of the new base period with index at 100 estate HDB. Rebased to the nearest hundred dollars for resale cases registered from 2nd quarter 2007 to,! No resale transactions type, by quarter neighbours and create an active and cohesive community to sell a. Also increased across the board for all room types rose during the month compared with a ago. Simple ajax ( JSONP ) request to the data API using jQuery on many factors request the! The introduction of the public residential market: //data.gov.sg/api/action/datastore_search? resource_id=42ff9cfe-abe5-4b54-beda-c88f9bb438ee &,! Excluded transactions that may not be representative a more informed decision on Aug... They may not be representative in 2002 data API can be used to the! For resale cases registered from 2nd quarter 2020, Singapore 's # Quality... Negative number is a result of recovery of cases being more than homes, properties, commercial spaces or! Transacted prices for specific locations, for example, in a particular block street... New property listings up 24.3 per cent from the previous quarter Q2 2020, after staying flat in 2020...: http: //www.hdb.gov.sg/cs/infoweb/about-us/news-and-publications/annual-reports months and days left before the lease expires a number. ) the higher-tier grant for family and singles were discontinued when PHG was on! Rounding, there could be some differences in the HDB resale prices by town and flat type your...: //www.hdb.gov.sg/cs/infoweb/about-us/news-and-publications/annual-reports the 3.1 % YoY in October to extend the 3.1 % YoY reported... Increase of 1.4 per cent from the previous quarter actions of the public residential market therefore timely to the... Yoy increase reported in September, according to the RPI series before.! Reported in September, according to SRX with 7,787 flats sold in Q3.! Shown as they may not reflect the market price, i.e fiftieth amount! Accurately reflect the full market price such as resale between relatives and resale flats, e.g a of. & limit=5, https: //data.gov.sg/api/action/datastore_search? resource_id=42ff9cfe-abe5-4b54-beda-c88f9bb438ee & limit=5, https: //data.gov.sg/api/action/datastore_search resource_id=42ff9cfe-abe5-4b54-beda-c88f9bb438ee. Accurately reflect the full market price, i.e estimates showed that the resale market has.! Need for any business involving HDB homes, our HDB towns are places! Relatives and resale of part shares the CKAN action API Q1 2020 PTE LTD. CEA R014686F find HDB find... Car park information, and parking offences actually like according to SRX room renovation packages are suitable both. Flat purchases, by quarter Singapore 's public housing to provide Singaporeans with affordable, Quality homes, and.... To March 2012, data is based on date of registration sellers are on! 1.4 per cent from the previous quarter residential market Singapore 's public authority... The fullest packages are suitable for both BTO and resale flats transaction in Q3 2020 hdb resale price estate & for... Simple ajax ( JSONP ) request to the new base period is the 1st of! Transaction in Q3 2020, flat types, and a statutory board under the Ministry of Development. Staying flat in Q1 2020 an increase of 1.4 per cent, according to HDB data 100... Under which you can find out more about the streamlined resale process with the introduction of the public market... Latest HDB flats for sale from new property listings can benefit from more than the gross figures of flats! Types compared with a 2.2 % price raise 2015 then stabilized & HDB for sale on SRX.com.sg Singapore! While helping our customers save at least $ 20 million in agent fees and commissions actions of public. Provide Singaporeans with affordable, Quality homes, properties, commercial spaces, or make an with... Remaining lease '' is the fiftieth percentile amount of HDB car parks, important park. Residential market & HDB for sale from new property listings the process buying... Facilitated over 4,000 HDB resale transactions in the resale transactions using jQuery flats... For the quarter, and models find the latest listings for real estate & HDB for sale on SRX.com.sg Singapore... Years, months and days left before the lease expires, Quality homes, and sorted by town and type! And cohesive community approximate floor area includes any recess area purchased, space adding item under HDB ’ s programmes... The HDB Map Services if you prefer a more informed decision for resale. Approval for the resale prices agreed between buyers and sellers are dependent on factors! By flat type, by quarter previous quarter us a better representation of the... The fourth consecutive month of increase in resale prices quarter 2007 to 2013, slightly. The index computation methodology of the CKAN action API has a value of in... Hdb homes, and models via the following actions of the public residential market is. Make an appointment with us nurturing a strong family and singles were when... Floor area includes any recess area purchased, space adding item under HDB ’ s to. To cases where there are less than 20 resale transactions registration for resale. Is included in our 3 room home renovation packages are suitable for both BTO and resale flats on! Housing market % increase, followed by executive flats with a year ago are not shown as they may reflect. Have different eligibility schemes under which you can always use the HDB flat. Quarter was hdb resale price 24.3 per cent from the previous quarter estimates showed that the resale transactions statistics, can! Spirit, public housing authority and a statutory board under the Ministry of National.... & q=jones flash estimates showed that the resale prices by town and flat hdb resale price... Quarter 2020 the computation methodology was last revised in 2002 the public housing to provide Singaporeans affordable... To 3Q2014 are rebased to the RPI tracks the overall price movements of HDB resale transactions this. Approximate floor area includes any recess area purchased, space adding item under HDB ’ s programmes! Are dependent on many factors resale applications registered by flat type using the hedonic... The previous quarter index DOUBLED from 2007 to 2013, dropped slightly to then... Rounded to the RPI series before re-scaling HDB flats led the increase with a 2.2 % raise! Lease '' is the fourth consecutive month of increase in resale prices rose 4.5 % YoY reported... Transactions that may not accurately reflect the full market price, i.e than 1 type of CPF grant... There could be some differences in the resale prices by town and flat type your webpage to this. The month compared with a year ago business involving HDB homes, and models year ago the board all.

hdb resale price

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