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
    1.3670-0.0021-0.15%
    USDSGD=X
    1.5085-0.0104-0.68%
    EURSGD=X
    2.1316+0.0013+0.06%
    GBPSGD=X
    90.5256+0.4956+0.55%
    SGDJPY=X
    5.6700+0.0085+0.15%
    SGDHKD=X
    2.7908+0.0007+0.03%
    SGDMYR=X
    9,835.0488-10.1094-0.10%
    SGDIDR=X
    4.5453+0.0083+0.18%
    SGDCNY=X
    0.9996+0.0047+0.47%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,093.30-3.10-0.28%
    GCQ15.CMX
    14.57-0.03-0.21%
    SIU15.CMX
    46.66-1.86-3.83%
    ^XAU
    2.38+0.02+0.96%
    HGU15.CMX
    47.10-0.29-0.61%
    CLU15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.57-0.05
    ^FVX
    2.23-0.04
    ^TNX
    2.95-0.02
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.595-0.025-4.03%
    N21.SI
    0.34-0.02-5.56%
    E5H.SI
    0.315+0.005+1.61%
    5WA.SI
    0.33-0.01-2.94%
    Y35.SI
    1.27-0.05-3.42%
    BS6.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.19+0.02+11.11%
    F9M.SI
    0.375+0.035+10.29%
    K1Q.SI
    0.26+0.02+8.33%
    C50.SI
    0.215+0.015+7.50%
    5OY.SI
    0.215+0.015+7.50%
    B69.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.455-0.095-17.27%
    5I3.SI
    0.255-0.045-15.00%
    Y06.SI
    0.27-0.03-11.48%
    CZ4.SI
    0.28-0.03-9.68%
    UQ4.SI
    0.26-0.03-8.77%
    PA3.SI