HDB median resale price hits $455,000

It's a record-breaking cost.

Accoriding to SRX Residential Property Flash Report, in the HDB resale market, overall cash-over-valuation (COV) continues its uptrend to reach $34,000 in the first two months into 4Q.

Here's more from SRX:

This is $2,000 shy of the 5-year historical high of $36,000 COV attained in 2011Q3 since tracking began in 2007.

On a month-to-month basis, overall COV increased from $33,000 in Oct to $35,000 in Nov.

The highest COV with at least 10 contracts signed among all property types in all towns is for HDB 4-room flats in Queenstown. Median COV in the first 2 months of Q4 is $76,250.

The higher COV helped to push overall HDB median resale price to a new historical high of $455,000. This represents a 1.1% increase from 3Q's $450,000.

Overall HDB median rents remained unchanged at $2,400. 



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  • Currencies
    Currencies
    NamePriceChange% Chg
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    EURSGD=X
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    5.6968-0.0025-0.04%
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    4.8998-0.002-0.04%
    SGDCNY=X
    1.0404+0.0018+0.17%
    AUDSGD=X
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    ^XAU
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    HGZ16.CMX
    43.85+0.41+0.94%
    CLV16.NYM
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    Bonds
    TreasuryYield (%)Yield Change
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  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.108+0.005+4.85%
    43E.SI
    3.960.000.00%
    Z74.SI
    0.102+0.001+0.99%
    40E.SI
    0.137-0.001-0.72%
    N21.SI
    0.122+0.002+1.67%
    A50.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.53+0.03+6.00%
    BFK.SI
    2.53+0.12+4.98%
    U04.SI
    0.745+0.025+3.47%
    BQC.SI
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    42C.SI
    0.189+0.005+2.72%
    I07.SI
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    E02.SI