Sign up | Log in



Home  >>   Daily News  >>   Singapore  >>Property  >> HDB resale prices dip 0.6% on-month in February: SRX Property
NEW UPDATES Asean Affairs  6 March  2015  

HDB resale prices dip 0.6% on-month in February: SRX Property

SINGAPORE: The resale prices of Housing and Development Board (HDB) flats dropped 0.6 per cent on-month in February, SRX Property said on Thursday (Mar 5). The price change for January was also revised from a 0.6 per cent increase to 0.2 per cent.

The drop in prices in February was seen throughout all property types, except five-room flats which was unchanged. Resale prices for three-room and four-room flats dropped by 1.2 per cent and 0.6 per cent, respectively, while executive flats experienced a 0.4 per cent drop.

Overall, prices have declined 5.7 per cent from the same period a year ago and 10.2 per cent from the peak in April 2013, SRX Property said.

A total of 1,148 HDB resale flats were sold last month, an 8.5 per cent decline from the 1,255 transacted units in January. The resale volume was up 20.7 per cent compared with a year ago, SRX Property said.

The overall median Transaction Over X-Value (TOX), which measures whether people are overpaying or underpaying SRX Property’s estimated market value, remained negative at –S$4,000, a S$3,000 drop from –S$1,000 in January.

For HDB towns with more than 10 resale transactions last month, Bukit Merah reported the highest median TOX of S$13,000, followed by Punggol at S$5,200 and Hougang at S$3,000.

The lowest median TOX were in Jurong West and Sembawang – both at S$8,000 – plus Jurong East at S$7,500.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                           March 6 , 2015 Subsribe Now !
• Agro-forestry-fish exports decline 1.9% Subcribe: Asean Affairs Global Magazine
• Fuel, utilities prices stoke February inflation to 2.5%
• Indonesia Vice-President Kalla shoots down complaints about haze
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• New gas supply mostly to go to power plants
• HDB resale prices dip 0.6% on-month in February: SRX Property
Asean Analysis                    February 27, 2015
• Asean Analysis February 27, 2015
Four key capital cities across developing ASEAN countries report marginal growth in tire sales volume in 2014: GfK
Advertise Your Brand

Asean Stock Watch  March 5,  2015
• Asean Stock Watch-March 5, 2015
The Biweekly Update
• The Biweekly Update February 20, 2015

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand