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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Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3480-0.0006-0.04%
    USDSGD=X
    1.4948+0.0001+0.01%
    EURSGD=X
    2.1041-0.0009-0.04%
    GBPSGD=X
    91.2908+0.0405+0.04%
    SGDJPY=X
    5.7505+0.0025+0.04%
    SGDHKD=X
    2.7904+0.001+0.04%
    SGDMYR=X
    9,855.3477+4.3604+0.04%
    SGDIDR=X
    4.6029+0.0025+0.05%
    SGDCNY=X
    1.0296+0.0004+0.04%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,165.00+1.50+0.13%
    GCQ15.CMX
    15.69+0.07+0.46%
    SIZ15.CMX
    62.65+1.28+2.08%
    ^XAU
    2.630.00+0.02%
    HGU15.CMX
    56.54-0.39-0.69%
    CLQ15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.65-0.06
    ^FVX
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    ^TNX
    3.190.00
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.300.000.00%
    5WA.SI
    0.165-0.003-1.79%
    5DN.SI
    0.85+0.02+2.41%
    N03.SI
    0.745-0.010-1.32%
    N21.SI
    0.76-0.01-1.30%
    Y92.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.45+0.11+32.35%
    AWX.SI
    0.24+0.05+26.32%
    40U.SI
    0.72+0.10+16.13%
    AWN.SI
    0.22+0.02+12.24%
    TI6.SI
    0.28+0.03+12.00%
    L38.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.175-0.120-40.68%
    AZS.SI
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    AZX.SI
    0.25-0.05-16.67%
    Y06.SI
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    AWR.SI
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    UV1.SI