Prices of private residential properties increased by 2.0%, rentals increased by 1.3%
in 2nd Quarter 2011.
SOURCE:
Resale Price Index (RPI) rose 3.1% from the previous quarter to 180.3.
Resale transactions increased from 6,228 cases in Q1 2011 to 6,581 cases in Q2 Q 2011.
SOURCE:
http://www.hdb.gov.sg/fi10/fi10296p.nsf/PressReleases/21F9794C66B6CB05482578D5001DE4D9?OpenDocument
For the 3 time periods of purchase:
1] 20th Feb to 29th Aug 2010
2] 30th Aug 2010 to 13th Jan 2011
3] On or After 14th Jan 2011
[dated: 6th July 2011]
Districts that have Average Prices Above the Average of ALL Districts
District:
1, 2, 3, 4, 7, 8, 9, 10, 11
Districts that have Average Prices Below the Average of ALL Districts
District:
5, 12, 13, 14, 15, 16 ,17 ,18 ,19, 20, 21, 22, 23, 25, 26, 27, 28
[Click to enlarge]
[Note: Prices charted are Average resale prices]
Increase in Prices of Private properties in 1st Quarter 2011:
residential – 2.2%
office – 4.9%
shop – 0.5%
industrial – 8.3%
Increase in Rentals of Private properties in 1st Quarter 2011:
residential – 1.2%
office – 5.4%
shop – 0.8%
industrial – 6.3%
As at 1st Quarter 2011:
There are 68,887 private residential units in the pipeline, 34,266 units are still unsold (equivalent to about 3 years of supply based on the average take-up of about 11,400 units per year over the last 3 years)
URA WEB
HDB’s Resale Price Index (RPI) rose from 172.0 in 4th Quarter 2010 to 174.8 in the 1st Quarter 2011 (An increase of 1.6%).
Resale transactions fell by about 4%, from 6,454 cases in 4th Quarter 2010 to 6,228 cases in 1st Quarter 2011.
Median Cash-Over-Valuation (COV) amount has fallen by another $2,000 (or 9%) from $23,000 in 4th Quarter 2010 to $21,000 in 1st Quarter 2011.
The proportion of resale cases transacting above valuation remained at 96%.
Subletting transactions rose by 8% from 5,868 cases in 4th Quarter 2010 to 6,365 cases in 1st Quarter 2011.
Jurong West, Woodlands, Yishun and Choa Chu Kang remains the 4 most affordable HDB estates.
HDB WEB:
http://www.hdb.gov.sg/fi10/fi10296p.nsf/PressReleases/603DD7F07B6625974825787D00142079?OpenDocument
Type: Condominium
District: 27
Built: 1994
Tenure: 99-years (from 1991)
Developer: Goodview Properties (FEO)
Total Units: 615
Unit Sizes: Estimated 980sqft, 1200sqft, 1600sqft
Blocks: 9 (81, 83, 85, 87, 89, 91, 93, 95, 97)
Storeys: 11
Facilities:
Distance to Khatib MRT: 0.55KM
Within 1KM:
NTUC Fairprice
Shop N Save
Naval Base Primary School
Peiying Primary School
Yishun Stadium
Lower Seletar Reservoir Park
Current Purchase Price: $639 psf
Current Rental Price: $2.37 psf
Current Gross Yield: 4.45%
[27th Feb 2011]
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