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. 



More From Singapore Business Review
 
Recent Quotes
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
 
Sign-in to view quotes in your portfolios.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.39790.000.00%
    USDSGD=X
    1.5735+0.00010.00%
    EURSGD=X
    2.02780.000.00%
    GBPSGD=X
    80.99290.000.00%
    SGDJPY=X
    5.57330.000.00%
    SGDHKD=X
    2.96880.000.00%
    SGDMYR=X
    9,639.46000.000.00%
    SGDIDR=X
    4.67320.000.00%
    SGDCNY=X
    0.99330.000.00%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,238.50-9.30-0.75%
    GCJ16.CMX
    15.790.00-0.03%
    SIH16.CMX
    60.64+1.88+3.21%
    ^XAU
    2.03+0.03+1.35%
    HGH16.CMX
    29.08+2.87+10.95%
    CLH16.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.20+0.09
    ^FVX
    1.75+0.10
    ^TNX
    2.61+0.10
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.3050.0000.00%
    N21.SI
    1.595-0.015-0.93%
    MC0.SI
    3.58+0.04+1.13%
    Z74.SI
    0.360.000.00%
    E5H.SI
    2.82-0.03-1.05%
    C31.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.151+0.021+16.15%
    5PL.SI
    0.184+0.023+14.29%
    42T.SI
    0.32+0.03+12.28%
    I06.SI
    0.147+0.014+10.53%
    5WJ.SI
    0.415+0.035+9.21%
    AXJ.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.084-0.060-41.67%
    5PI.SI
    0.225-0.055-19.64%
    5SY.SI
    0.205-0.045-18.00%
    BER.SI
    0.57-0.10-14.93%
    BLA.SI
    0.101-0.017-14.41%
    AZZ.SI