Friday, July 9, 2010

Is it the right time to sell my HDB?

The HDB Resale Price Index tracks the overall price movement of the public residential market. The Index is used by comparing how it changes from one period from another. For example, if the index increases from 100 to 108 in one year, it means that on the whole, HDB resale flat prices increased by 8% over this period.
Year
Quarter
Index
% Change from Previous Quarter
2010
II (Flash Estimate)
160.9
3.8%

HDB Price Trend












Weights Based on 12-quarters Moving Average Transactions

Regions
Weightages for 2Q2010 RPI
3R (29%)
4R (37%)
5R (26%)
Exec (8%)
Northern
10%
20%
20%
19%
North-Eastern
21%
20%
29%
21%
Eastern
15%
16%
14%
25%
Western
23%
32%
27%
28%
Central
31%
12%
10%
7%

Median Resale Prices by Town and Flat Type for Resale Cases Registered in 1st Quarter 2010


Town
1-Room
2-Room
3-Room
4-Room
5-Room
Executive
Jurong West
-
-
$243,500
$336,000
$413,000
$475,000

Median Cash-Over-Valuation (COV) for Resale Cases Registered in the 1st Quarter 2010
Town
1-Room
2-Room
3-Room
4-Room
5-Room
Executive
Overall
Jurong West
-
-
$20,500
$27,000
$28,000
$30,000
$26,000

Comparing the Demand on 1st Quarter

Resale Cases Registered in 1st Quarter 2010

Quarter
1-Room
2-Room
3-Room
4-Room
5-Room
Executive
Total
1Q2010
3
122
2,471
3,190
2,047
651
8,484

Resale Cases Registered between 1st Quarter 2009

Quarter
1-Room
2-Room
3-Room
4-Room
5-Room
Executive
Total
1Q2009
5
64
2,011
2,488
1,506
372
6,446

Resale Cases Registered between 1st Quarter to 4th Quarter 2008

Quarter
1-Room
2-Room
3-Room
4-Room
5-Room
Executive
Total
1Q2008
3
59
1,854
2,415
1,574
453
6,358

Transacted Resale Price

HDB Town





Jurong West 608 11 to 15 133.00
Premium Apartment
2001 $510,000.00 Jun 2010
Jurong West 606 11 to 15 133.00
Premium Apartment
2001 $503,000.00 Feb 2010
Jurong West 609 01 to 05 133.00
Premium Apartment
2001 $488,000.00 Feb 2010
Jurong West 606 06 to 10 133.00
Premium Apartment
2001 $475,000.00 Nov 2009
Jurong West 608 11 to 15 133.00
Premium Apartment
2001 $451,000.00 Oct 2009
Jurong West 609 11 to 15 133.00
Premium Apartment
2001 $460,000.00 Sep 2009

No comments: