Median Resale HDB Prices by Town and Flat Type for Resale Cases Registered in 1st Quarter 2014

Town	1-Room	2-Room	3-Room	4-Room	5-Room	Executive

Sengkang	-	-	*	$450,000	$498,000	*

Notes

1	(-) indicates no resale transactions in the quarter
2	Asterisks (" * ") refer to cases where there are less than 20 resale transactions in the quarter for the particular town and flat type. The median prices of these cases are not shown as they may not be representative.
3	The data above excluded transactions that may not accurately reflect the market price; i.e. resale of part shares, resale between related parties, cases under the Conversion Scheme, resale of terrace flats, converted flats and HUDC flats.
4	The figures are rounded to the nearest hundred dollars Source: HDB (25 Apr 2014)

Release of 1st Quarter 2014 HDB Data

HDB Resale Market

2The Resale Price Index fell by 1.6% from 201.7 in 4th Quarter 2013 to 198.5 in 1st Quarter 2014 (see Annex A  (PDF 22KB)).

3Resale transactions decreased by 5% from 4,001 cases in 4th Quarter 2013 to 3,781 cases in 1st Quarter 2014 (see Annex B  (PDF 14KB)).

4The median resale prices in the various towns are tabulated in Annex C  (PDF 23KB).

5With the revision in resale procedures on 10 Mar 2014 to reduce the focus on Cash-Over-Valuation (COV) in negotiation, HDB will cease the publication of quarterly median COV by town and flat type from 1st Quarter 2014 onwards. The COV data currently available at HDB InfoWEB will also be removed.

6To facilitate negotiation of resale flat prices, flat sellers and buyers can refer to the latest transacted prices of resale flats, which are updated daily on the HDB InfoWEB. They can search for resale prices using the following e-services:

a) Resale Flat Prices e-Service, an interactive service which allows users to customise their search based on flat type, range of resale prices, resale application registered date, etc. The e-Service is also available on smartphones (iPhone and Android users can download the Mobile@HDB app. All other smartphone users can access the mobile site at mobile.hdb.gov.sg).


b) Centralised Map Services, which allows flat buyers to enquire about the transacted resale prices within each block located on the map. Flat buyers can also enquire about the transacted resale prices within a 500-metre radius from any existing HDB block or DBSS project.

HDB Rental Market

7The median subletting rents in the various towns in 1st Quarter 2014 are tabulated in Annex D  (PDF 23KB).

8Subletting transactions rose by 17% from 7,268 cases in 4th Quarter 2013 to 8,485 cases in 1st Quarter 2014 (see Annex E  (PDF 12KB)). The total number of HDB flats approved for subletting rose 2.1% from 45,674 units in 4th Quarter 2013 to 46,637 units in 1st Quarter 2014.

This press release provides the housing data for the HDB resale and rental markets in 1st Quarter 2014.

Source: HDB (25 Apr 2014)

Release of 1st Quarter 2014 private real estate statistics

PRIVATE RESIDENTIAL PROPERTIES

Prices and Rentals

Prices of private residential properties decreased by 1.3% in 1st Quarter 2014, following the 0.9% decline in the previous quarter. 

Price decline was observed across all segments of the private residential property market. Prices of non-landed properties in the Core Central Region (CCR) declined by 1.1%, following the 2.1% decrease in the previous quarter. In Outside Central Region (OCR), prices declined by 0.1%, following the 1.0% decline in the previous quarter. Prices in the Rest of Central Region (RCR) declined 3.3%, after registering a marginal 0.4% increase in the previous quarter (see Annexes A-1, A-2 & A-62). Prices of landed properties declined 0.7%, following a decrease of 1.0% in the previous quarter. 

Rentals of private residential properties decreased by 0.7% in 1st Quarter 2014, greater than the 0.5% decline in 4th Quarter 2013 (see Annexes A-3 & A-4).

Launches and Take-up

Developers launched 1,964 uncompleted private residential units (excluding ECs) for sale in 1st Quarter 2014, fewer than the 2,631 units in 4th Quarter 2013 (see Annex C-1).

Developers sold 1,744 private residential units (excluding ECs) in 1st Quarter 2014, fewer than the 2,568 units sold in 4th Quarter 2013 (see Annex D).

No new EC units were launched for sale in 1st Quarter 2014 (see Annex F). Developers sold 149 EC units in 1st Quarter 2014, fewer than the 691 units sold in 4th Quarter 2013. 

Resales and Sub-sales

The volume of resale transactions decreased from 1,206 units in 4th Quarter 2013 to 899 units in 1st Quarter 2014. Resale transactions accounted for 32.6% of all sale transactions in 1st Quarter 2014, compared to 30.5% in 4th Quarter 2013 (see Annex D).

The volume of sub-sale transactions decreased from 174 units in 4th Quarter 2013 to 111 units in 1st Quarter 2014. Sub-sale transactions accounted for 4.0% of all sale transactions in 1st Quarter 2014, lower than the 4.4% recorded in 4th Quarter 2013 (see Annex D).

Fore more info:

visit URA Media-room

Source: URA (25 Apr 2014)

Sengkang Executive HDB Resale Prices In Mar 14

Total number of records found = 7 (Data as at 12 Apr 2014)

Block	Street Name	Storey	Floor Area (sqm) / Flat Model	Lease Commence Date	Resale Price	Resale Registration Date
312B	Anchorvale Lane	06 to 10	130	2002	$594,000.00	Mar-14
			Premium Apartment
302D	Anchorvale Link	06 to 10	130	2001	$612,000.00	Mar-14
			Apartment
314D	Anchorvale Link	06 to 10	125	2003	$612,000.00	Mar-14
			Premium Apartment
317D	Anchorvale Rd	11 to 15	125	2003	$645,000.00	Mar-14
			Premium Apartment
147	Rivervale Cres	11 to 15	140	1999	$628,000.00	Mar-14
			Apartment
143	Rivervale Dr	06 to 10	135	1999	$560,000.00	Mar-14
			Apartment
122B	Sengkang East Way	11 to 15	131	2000	$588,000.00	Mar-14
			Apartment

Source HDB

Sengkang 5 Room HDB Resale Prices From Mar 14 To Apr 14

Total number of records found = 43 (Data as at 12 Apr 2014)

Block	Street Name	Storey	Floor Area (sqm) / Flat Model	Lease Commence Date	Resale Price	Resale Registration Date
319C	Anchorvale Dr	06 to 10	110	2002	$520,000.00	Apr-14
			Improved
305A	Anchorvale Link	06 to 10	110	2002	$480,000.00	Apr-14
			Improved
308A	Anchorvale Rd	11 to 15	110	2002	$495,000.00	Apr-14
			Improved
317C	Anchorvale Rd	11 to 15	110	2003	$498,000.00	Apr-14
			Premium Apartment
224C	Compassvale Walk	16 to 20	121	1999	$515,000.00	Apr-14
			Improved
224C	Compassvale Walk	06 to 10	122	1999	$500,000.00	Apr-14
			Improved
229	Compassvale Walk	01 to 05	123	1999	$480,000.00	Apr-14
			Improved
183C	Rivervale Cres	06 to 10	110	2003	$458,000.00	Apr-14
			Improved
115	Rivervale Walk	01 to 05	120	1998	$455,000.00	Apr-14
			Improved
121C	Sengkang East Way	06 to 10	110	2000	$490,000.00	Apr-14
			Improved
323B	Sengkang East Way	06 to 10	110	2002	$545,000.00	Apr-14
			Improved
325B	Sengkang East Way	01 to 05	110	2003	$518,000.00	Apr-14
			Improved
311C	Anchorvale Lane	06 to 10	111	2002	$473,000.00	Mar-14
			Premium Apartment
307D	Anchorvale Rd	06 to 10	110	2001	$510,000.00	Mar-14
			Improved
307D	Anchorvale Rd	06 to 10	110	2001	$480,000.00	Mar-14
			Improved
308A	Anchorvale Rd	01 to 05	110	2002	$490,000.00	Mar-14
			Improved
309A	Anchorvale Rd	11 to 15	111	2002	$485,000.00	Mar-14
			Premium Apartment
267B	Compassvale Link	06 to 10	110	2006	$602,000.00	Mar-14
			Premium Apartment
267B	Compassvale Link	11 to 15	111	2006	$612,000.00	Mar-14
			Premium Apartment
257C	Compassvale Rd	11 to 15	110	2001	$572,000.00	Mar-14
			Improved
258D	Compassvale Rd	11 to 15	110	2001	$575,000.00	Mar-14
			Improved
259A	Compassvale Rd	11 to 15	110	2001	$583,000.00	Mar-14
			Improved
259C	Compassvale Rd	11 to 15	110	2000	$571,000.00	Mar-14
			Improved
291A	Compassvale St	11 to 15	110	2001	$495,000.00	Mar-14
			Improved
298D	Compassvale St	11 to 15	115	2001	$480,000.00	Mar-14
			Premium Apartment
403C	Fernvale Lane	16 to 20	111	2004	$540,000.00	Mar-14
			Premium Apartment
412A	Fernvale Link	06 to 10	114	2004	$565,000.00	Mar-14
			Premium Apartment
412A	Fernvale Link	01 to 05	114	2004	$508,000.00	Mar-14
			Premium Apartment
142	Rivervale Cres	11 to 15	116	1999	$515,000.00	Mar-14
			Improved
158C	Rivervale Cres	01 to 05	112	2003	$490,000.00	Mar-14
			Premium Apartment
184A	Rivervale Cres	01 to 05	110	2003	$456,000.00	Mar-14
			Improved
184B	Rivervale Cres	01 to 05	110	2003	$420,000.00	Mar-14
			Improved
116C	Rivervale Dr	01 to 05	114	2000	$422,000.00	Mar-14
			Improved
145	Rivervale Dr	11 to 15	116	1999	$480,000.00	Mar-14
			Improved
186A	Rivervale Dr	16 to 20	110	2001	$462,000.00	Mar-14
			Improved
188B	Rivervale Dr	06 to 10	115	2000	$430,000.00	Mar-14
			Improved
195	Rivervale Dr	11 to 15	111	2001	$485,000.00	Mar-14
			Improved
134	Rivervale St	11 to 15	121	1999	$495,000.00	Mar-14
			Improved
111	Rivervale Walk	01 to 05	121	1998	$473,000.00	Mar-14
			Improved
122A	Sengkang East Way	16 to 20	110	2000	$460,000.00	Mar-14
			Improved
260D	Sengkang East Way	11 to 15	110	2001	$568,000.00	Mar-14
			Improved
261D	Sengkang East Way	11 to 15	110	2001	$555,000.00	Mar-14
			Improved
325A	Sengkang East Way	11 to 15	110	2003	$570,000.00	Mar-14
			Improved

Source: HDB