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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.

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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






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