Choa Chu Kang Featured Agent. 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. 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. You can always use the HDB Map Services if you prefer a more interactive experience. resale of part shares, resale between related parties, cases under the Conversion Scheme, resale of terrace flats, converted flats, and HUDC flats. 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. More than homes, our HDB towns are vibrant places to enjoy to the fullest. [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. The median price is the fiftieth percentile amount of HDB resale flat purchases. The base period is the 1st quarter of 2009, i.e. Due to rounding, there could be some differences in the quarterly price change compared to the RPI series before re-scaling. The Housing & Development Board (HDB) is Singapore's public housing authority and a statutory board under the Ministry of National Development. Our 3 room home renovation packages are suitable for both BTO and resale flats. Whether you are buying, selling, or already living in an HDB flat, everything you need to know about residential properties is housed here. PROPNEX REALTY PTE LTD. CEA R014686F 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. What is included in our 3 room renovation packages? This is the fourth consecutive month of increase in resale prices. 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. resale of part shares, resale between related parties, cases under the Conversion Scheme, resale of terrace flats, converted flats, and HUDC flats. In the first quarter of 2020, the HDB resale price index flash estimate remained unchanged after a … 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. 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. THE STRAITS TIMES The RPI tracks the overall price movement of the public housing market. 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 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. HDB Resale Price Index DOUBLED from 2007 to 2013, dropped slightly to 2015 then stabilized. Using the HDB resale price index, prices of HDB resale flats slipped marginally by 0.1 per cent q … We have different eligibility schemes under which you can buy an HDB resale flat. For March 2012 onwards, the data is based on date of registration for the resale transactions. The base period is the 1. We have facilitated over 4,000 HDB resale transactions while helping our customers save at least $20 million in agent fees and commissions. Tracks the overall price movement of the public residential market. The approximate floor area includes any recess area purchased, space adding item under HDB’s upgrading programmes, roof terrace, etc. "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. 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. 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. Transact with us at your convenience. Facebook. 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). Prices have also increased across the board for all HDB resale flat types compared with a year ago. S$433.44 psf SHARE. The index till 3Q2014 was computed using stratification method, while that from 4Q2014 onwards is computed using the stratified hedonic regression method. There are 9,580 HDB For Sale in Singapore. 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. RPI has a value of 100 in 1st quarter 2009. Read about the details in the following sections. Number of resale applications registered by flat type, by quarter. Twitter. Search the latest listings for real estate & HDB for sale in Singapore. 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. 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. Be guided through the process of buying and selling a resale flat. A simple ajax (JSONP) request to the data API using jQuery. Indices from Focusing on nurturing a strong family and community spirit, public housing policies and schemes are formulated to meet changing needs and aspirations. HDB resale prices rose 4.5% YoY in October to extend the 3.1% YoY increase reported in September, according to SRX. Since then, many other HDB flats managed to sell at a 7-figure price tag. Hence, median prices are not shown as they may not be representative. Here are the median resale prices by town and flat type for HDB Resale Flats transaction in Q3 2020. 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. It is important to understand the resale procedures. Jip Ng - Agent CV. These figures are based on resale flat transactions recorded for the quarter, and sorted by town and flat type. The data excluded transactions that may not accurately reflect the market price, i.e. Here are some resources to help you plan your finances before your flat purchase. HDB 3 Room Resale/BTO Renovation Packages . 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. Four-room flats 2.7%. The index computation methodology was last revised in 2002. Resale price index (Base: Jan 2009) SRX property. 112 Commonwealth Crescent 3Room HDB FOR SALE! a) One family can benefit from more than 1 type of CPF housing grant scheme. PHOTO: The Straits Times. HDB resale prices. It is calculated using resale transactions registered across towns, flat types, and models. HDB flash estimates showed that the resale price index increased by 0.2% in Q2 2020, after staying flat in Q1 2020. This index can be used to compare the overall price movements of HDB resale flats. Completing the process has never been easier. 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! Welcome to the HDB Resale Portal. You can submit an application, submit an online enquiry, or make an appointment with us. 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. design, age, location, which has been transacted in the resale market has increased. Five-room flats 2.2%. Three-room, executive flats 2.5%. More amenities and transport options: As resale flats are usually 5 years old and above, chances are that during this … Resale transacted prices. Find HDB; Find Condo; ... Latest HDB for Resale. 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. The HDB resale market saw a stunning rebound with 7,787 flats sold in Q3. You can find out more about the types of HDB car parks, important car park information, and parking offences. The index is based on quarterly average resale price by date of registration. 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! "Remaining lease" is the number of years, months and days left before the lease expires. 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. 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. 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. 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. Find out more about the streamlined resale process with the introduction of the new HDB Resale Portal. 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. 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. A negative number is a result of recovery of cases being more than the gross figures of DBSS flats. Four-room HDB flats led the increase with a 2.7% increase, followed by executive flats with a 2.2% price raise. With these resale statistics, you can get a better idea of the HDB resale market movements and make a more informed decision. 646sqft. 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. With such record-breaking prices, it … The Resale Price Index (RPI) provides the general price trend of resale HDB flats. OK. Buy. Copy the following html into your webpage to embed this view. This is an increase of 1.4 per cent from the previous quarter. The Data API can be accessed via the following actions of the CKAN action API. 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%. Price: Most expensive option amongst the 3 sales modes of HDB flats, usually because of its location, surrounding amenities and transport options. Prices for all room types rose during the month compared to a year ago. We develop public housing to provide Singaporeans with affordable, quality homes, and a better living environment. Find HDB Flats for sale on SRX.com.sg, Singapore's #1 Quality Property Portal. "na" indicates no resale transactions in this particular town and flat type. HDB resales jump to 10-year high in Q3 as prices rise 1.5% over quarter, Housing News & … 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. 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. b) The higher-tier grant for family and singles were discontinued when PHG was implemented on 24 Aug 2015. 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. Looking to buy HDB in Singapore? Search HDB property for sale from new property listings. ). Read more at straitstimes.com. HDB resale price increases last month compared with a year ago. Get the information you need for any business involving HDB homes, properties, commercial spaces, or land under our management. 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. "-" refers to cases where there are less than 20 resale transactions in this particular town and flat type. 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. There’s no catch! 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. 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. Resale prices should be taken as indicative only as the resale prices agreed between buyers and sellers are dependent on many factors. There is so much in place for you to bond with your neighbours and create an active and cohesive community. The median resale prices by town and flat type for resale cases registered in the 3rd Quarter of 2020. These are the median resale prices by town and flat type for resale cases registered from 2nd quarter 2007 to 2nd quarter 2020. Actually prices are rising in some towns while dropping in other towns. S$280,000. Note: Since then, the variety of resale flats, e.g. Find the latest HDB flats for sale on the Singapore's leading property website. Taking the median price gives us a better representation of what the resale prices are actually like according to the town and flat type. The figures are rounded to the nearest hundred dollars. The median price is the fiftieth percentile amount of HDB resale flat purchases. The transactions exclude resale transactions that may not reflect the full market price such as resale between relatives and resale of part shares. It is therefore timely to update the computation methodology of the RPI. These figures are based on resale flat transactions recorded for the quarter, and sorted by town and flat type. 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. 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. 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