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
    1.3824+0.001+0.08%
    USDSGD=X
    1.5399+0.001+0.06%
    EURSGD=X
    2.0196-0.0006-0.03%
    GBPSGD=X
    79.6618+0.0542+0.07%
    SGDJPY=X
    5.6184-0.0054-0.10%
    SGDHKD=X
    2.9799+0.0072+0.24%
    SGDMYR=X
    9,891.8633+16.0107+0.16%
    SGDIDR=X
    4.7440-0.0014-0.03%
    SGDCNY=X
    0.9920-0.0007-0.07%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,229.00-0.20-0.02%
    GCM16.CMX
    16.26+0.01+0.07%
    SIN16.CMX
    80.15-4.94-5.81%
    ^XAU
    2.08+0.01+0.70%
    HGN16.CMX
    49.19+0.57+1.17%
    CLN16.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.40+0.02
    ^FVX
    1.86+0.02
    ^TNX
    2.64+0.01
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.310.00+1.64%
    N21.SI
    3.86+0.05+1.31%
    Z74.SI
    0.800.00+0.63%
    QC7.SI
    0.375+0.010+2.74%
    E5H.SI
    0.72+0.01+1.41%
    G13.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    1.24+0.20+18.66%
    C76.SI
    0.95+0.01+1.06%
    BCY.SI
    0.535-0.005-0.93%
    42R.SI
    21.85-0.05-0.23%
    G07.SI
    0.178+0.001+0.56%
    AFC.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    2.400.000.00%
    P34.SI
    1.395-0.085-5.74%
    M04.SI
    0.355-0.005-1.39%
    42E.SI
    2.18-0.02-0.91%
    H13.SI
    0.515+0.005+0.98%
    5CP.SI