The approximate floor area includes any recess area purchased, space adding item under HDB’s upgrading programmes, roof terrace, etc. This means that half of the flats transacted were purchased at amounts above the median price, and half of the flats were purchased at amounts below the median price. Taking the median price gives us a better representation of what the resale prices are actually like according to the town and flat type. Read about the details in the following sections. Use our HDB Map Services to get past resale transacted prices for specific locations, for example, in a particular block or street. "With a more active resale market, the HDB resale price index could also edge upwards to end the year with a 2.5 to 3.5 per cent year-on-year increase," he said. Read more at straitstimes.com. With HDB resale prices rising and a record number of 13 HDB resale flats selling for above $1 million in October 2020 even as Singapore grapples with the COVID-19 pandemic, one would think that HDB resale prices are recession-proof. Number of resale applications registered by flat type, by quarter. This has exceeded the expectations of OTT which expected prices to either fall by 2% or marginally increase by 1% over the whole of 2020. There are 9,580 HDB For Sale in Singapore. This index can be used to compare the overall price movements of HDB resale flats. A negative number is a result of recovery of cases being more than the gross figures of DBSS flats. We have facilitated over 4,000 HDB resale transactions while helping our customers save at least $20 million in agent fees and commissions. The first-ever HDB flat that was sold for more than $1 million was a 1,615 sq ft executive apartment at Blk 149 Mei Ling Street at Queenstown. Indices from Data can also be found in HDB's Annual Reports under Key Statistics: http://www.hdb.gov.sg/cs/infoweb/about-us/news-and-publications/annual-reports. Resale prices should be taken as indicative only as the resale prices agreed between buyers and sellers are dependent on many factors. There is so much in place for you to bond with your neighbours and create an active and cohesive community. Jip Ng - Agent CV. The base period is the 1. "na" indicates no resale transactions in this particular town and flat type. PHOTO: The Straits Times. HDB 3 Room Resale/BTO Renovation Packages . Get the information you need for any business involving HDB homes, properties, commercial spaces, or land under our management. The index computation methodology was last revised in 2002. HomeRenoGuru offers attractive renovation packages for 3 room HDB flats.. Our interior designers (ID) are experienced professionals who will work alongside you to create the home of your dreams. In the first quarter of 2020, the HDB resale price index flash estimate remained unchanged after a … Here are the median resale prices by town and flat type for HDB Resale Flats transaction in Q3 2020. Welcome to the HDB Resale Portal. Hence, median prices are not shown as they may not be representative. The median price is the fiftieth percentile amount of HDB resale flat purchases. Prices for a 4-room HDB BTO flat in Sembawang start at $272,000, while average prices for a 4-room HDB resale flat in Sembawang are about $353,000. Note: The Data API can be accessed via the following actions of the CKAN action API. HDB resale price increases last month compared with a year ago. Nicholas Mak, head of research and consultancy at ERA Realty, says: “After contracting for six years since the mid-2013, the HDB resale price index started to recover in the second half of 2019. It is therefore timely to update the computation methodology of the RPI. Here are some resources to help you plan your finances before your flat purchase. Ohmyhome has in-house tech capabilities that saves you both time and resources so that you can sell at the fastest speed with savings up to $18,000. design, age, location, which has been transacted in the resale market has increased. HDB resales jump to 10-year high in Q3 as prices rise 1.5% over quarter, Housing News & … OK. Buy. 646sqft. Focusing on nurturing a strong family and community spirit, public housing policies and schemes are formulated to meet changing needs and aspirations. Resale Flat Prices (Based on Registration Date), From Jan 2017 onwards, Resale Flat Prices (Based on Registration Date), From Jan 2015 to Dec 2016, Resale Flat Prices (Based on Registration Date), From Mar 2012 to Dec 2014, Resale Flat Prices (Based on Approval Date), 2000 - Feb 2012, Resale Flat Prices (Based on Approval Date), 1990 - 1999, Median Resale Prices for Registered Applications by Town and Flat Type, Number of Applications Registered for Resale and Rental Flats, Number of Resale Applications Registered by Flat Type, Quarterly, Housing Grants Awarded, by Type of Housing Grant. On a year-on-year basis, the number of resale transactions in the third quarter was up 24.3 per cent, according to HDB data. RPI has a value of 100 in 1st quarter 2009. Twitter. These figures are based on resale flat transactions recorded for the quarter, and sorted by town and flat type. 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