Ready to Buy, Sell or Rent?
Download App to transact.
Details
Forgot your password?
or

Don't have an account? Create An Account

For agents interested in participating on SRX, please contact us at +65 6635 3388 or write to us at feedback@srx.com.sg

Shortlisted Properties

X
Project Name Price Size PSF Type Remove
Save to PDF

SRX Research

A. Non-Landed Private Residential Rental Market

1. Private rents decrease by 0.7% in October. 
According to SRX Property Price Index for Non-landed Private Residential Rentals, rents decreased by 0.7% in October 2017 compared to September 2017. Non-Landed Private Residential units rents in CCR, RCR and OCR decreased by 1.4%, 0.3% and 0.3% respectively.

1

2

According to SRX Property Price Index for Non-landed Private Rentals:

  • Year-on-year, rents in October 2017 were down by 1.8% from October 2016. In individual sectors, CCR, RCR and OCR posted 1.9%, 2.5% and 1.3% year-on-year decrease in price, respectively.
  •  Rents in October 2017 were 19.7% down compared to its peak in January 2013.
  •  Price index is down 1.0% on year-to-date basis from January 2017.
  •  Price change remained unchanged at -0.1% in September 2017.

2. Rental volume increases by 5.8%. According to SRX Property, an estimated 4,169 Non-landed Private Residential units were rented in October 2017. This represented a 5.8% increase from 3,942 units rented in September 2017.

3
  •  Year-on-year, rental volume in October 2017 was 4.0% higher than 4,010 units rented in October 2016.

B. HDB Rental Market

1. HDB rents increase by 0.3%. According to SRX Property Price Index for HDB Rentals, rents increased by 0.3% from September 2017 to October 2017. HDB 3 Rooms, HDB 4 Rooms and HDB Executives increased by 0.3%, 1.0% and 1.0% respectively, while HDB 5 Rooms decreased by 0.5%.

4

5

According to SRX Property Price Index for HDB Rentals:

  •  Year-on-year, rents in October 2017 were down by 3.5% from October 2016.
  •  Rents in October 2017 were down 14.5% compared to its peak in August 2013.
  •  Year-to-date, rental price index has declined by 2.1% from January 2017.
  •  Price change was revised from -0.9% to -1.0% in September 2017. 

6

7
According to SRX Property Price Sub-Indices for HDB Rentals in Mature and Non-mature Estates:

  •  Rents in Mature Estate remained unchanged, while those in Non-mature Estates increased by 0.6%.
  •  Year-on-year, rents of Mature Estates in October 2017 slipped 3.5% from October 2016.
  •  Year-on-year, rents of Non-mature Estates in October 2017 dropped 3.5% from October 2016.

2. HDB rental volume increases by 6.3%. According to SRX Property, an estimated 1,713 HDB flats were rented in October 2017.  This represented a 6.3% increase from 1,611 units rented in September 2017.

8
  •  Year-on-year, rental volume in October 2017 decreased by 9.0% from October 2016.
RCR price index reaches new high since cooling measures; Y-o-Y transaction volume more than doubles in Oct

1. Non-landed Private Residential Resale Prices increased 1.3% in October 2017. 
Non-landed Private Residential Resale prices increased 1.3% in October 2017 compared to September 2017. In all individual sectors – CCR, RCR and OCR recorded a price increase of 0.3%, 1.5% and 1.7% respectively.

1

2

According to the SRX Non-Landed Private Residential Price Index:
  • Year-on-year, prices in October 2017 increased by 6.3% from October 2016. In individual sectors, CCR, RCR and OCR recorded a year-on-year price increase of 6.4%, 7.5% and 5.5% respectively.
  • October 2017 prices were down by 2.9% from the peak in January 2014.
  • Year-to-date, prices increase by 4.5% in comparison to January 2017.
  • Rest-of-Central (RCR) prices reach new peak at 184.6. The last high was recorded in Aug 2013 at 182.1.
  • There was no price change revision at 0.1% in September 2017.

2. Resale volume increases by 18.7%. According to Non-Landed Private Residential Resale data compiled by SRX Property, an estimated 1,461 Non-landed Private Residential units were resold in October 2017. This is a 18.7% increase compared to 1,231 units resold in September 2017.

3
  • Year-on-year, resale volume in October 2017 was 122.0% higher compared to 658 units resold in October 2016;
  • Resale volume was down by 28.7 % compared to its peak of 2,050 units resold in April 2010.
  • Private resale non-landed volume for the first 10 months of the year is 46% higher than the entire 2016. Therefore, total volume this year is expected to be about 65% higher than last year.

3. Overall median Transaction Over X-Value (TOX) is POSITIVE $6,000 in October 2017. The median T-O-X for Non-Landed Private Residential measures whether people are overpaying or underpaying the SRX Property X-Value estimated market value.

4
  • The median T-O-X in October 2017 is POSITIVE $6,000. This is a $1,000 increase comparing to POSITIVE $5,000 T-O-X in September 2017, and highest this year.

4. District 3 posts highest median T-O-X. For districts with more than 10 resale transactions in October 2017, District 3 (Alexandra / Commonwealth) posted the highest median T-O-X at POSITIVE $68,000.

5

This means that a majority of the buyers in those districts purchased units above the computer-generated market value.


5. Among relatively active districts, District 1 posts the most negative median T-O-X. District 1 (Boat Quay / Raffles Place / Marina) posted a T-O-X of NEGATIVE $50,000.

This means that a majority of the buyers in these districts purchased units below the computer-generated market value.



1. HDB resale prices decrease in October 2017. There was a decrease of 0.3% in HDB Resale prices in October 2017 compared to that of September 2017. The resale prices of HDB 3 Rooms and HDB 5 Rooms increased by 0.5% and 0.2% respectively, while HDB 4 Rooms remained the same and HDB Executive decreased by 0.9%.

1

2

3

According to the SRX Property Price Index for HDB Resale:

  • Year-on-year, prices have decreased by 1.9% from October 2016;
  • Prices have declined by 12.5% since the peak in April 2013;
  • There was no price change revision in September 2017.
4

5

According to the SRX Property Price Sub-Indices for HDB Resale:

  • In October 2017, HDB resale prices in mature estates went down by 0.8% and non-mature estates increased by 0.1 %;
  • Year-on-year, prices in mature estates have decreased by 0.5% from October 2016;
  • Year-on-year, prices in non-mature estates have decreased by 3.1% from October 2016;

2. Resale volume increases in October 2017. According to HDB resale data compiled by SRX Property, 1,781 HDB resale flats were sold in October 2017, a 5.9% increase from 1,681 transacted units in September 2017.

6
  • Year-on-year, resale volume has increased by 5.0% compared to 1,696 units resold in October 2016.
  • Resale volume was down by 51.2% compared to its peak of 3,649 units in May 2010.

3. Overall median Transaction Over X-Value (T-O-X) is NEGATIVE $1,000 in October 2017. According to SRX Property, the median T-O-X for HDB was NEGATIVE $1,000 in October 2017. The median T-O-X for HDB measures whether people are overpaying or underpaying the SRX Property X-Value estimated market value.

7
  • Overall Median T-O-X was NEGATIVE $1,000 in October 2017, increased by $1,000 compared to the figure in September 2017;
  • Median T-O-X for HDB 3 Room, 4 Room, 5 Room and Executive flats in October 2017 were NEGATIVE $1,000, NEGATIVE $2,000, POSITIVE $2,000 and ZERO respectively.

4. Bukit Timah posts the highest median T-O-X. For HDB towns having more than 10 resale transactions with T-O-X in October 2017, Bukit Timah reported the highest median TOX of POSITIVE $53,000 followed by POSITIVE $5,500 in Bukit Merah.

This means that majority of the buyers in these towns have purchased units above the computer-generated market value.

 

5. Among relatively active towns, Bishan posts the most negative median T-O-X. Among HDB towns having more than 10 resale transactions with T-O-X in October 2017, the lowest median T-O-X was in Bishan at NEGATIVE $22,000, followed by Marine Parade at NEGATIVE $9,000.

This means that majority of the buyers in these towns have purchased units below the computer generated market value.
En Bloc Sales 2017

Posted on 08 Nov 2017

Share
Tweet
Whatsapp
Shares
Like this post on Facebook:

2017 has witnessed another wave of en bloc fever. Till date, a total of 16 collective sales worth more than S$6.2 million were transacted, according to SRX Property compilation. In some collective sales, the sheer project size means that a sizable number of displaced homeowners will be looking for a new home, creating housing demand.

En Bloc Sales 2017   1

According to our estimate, approximately 2,680 households would be displaced as a result of recent en bloc sales. If these displaced households decide to buy a home among all other living arrangements, this could well boost housing demand for both HDB flats and private properties. Assuming 80 per cent of these displaced households would move to a private property, this will translate into demand for about 2,100 units of private properties. This would be equivalent to more than one month’s all sales (including both new sales and resales).

En Bloc Sales 2017   2

To find out more about new launches nearby these en bloc projects, click here.

To find out other ongoing en bloc projects, click here.

A. Non-Landed Private Residential Rental Market

1. Private rents decrease by 0.1% in September. 
According to SRX Property Price Index for Non-landed Private Residential Rentals, rents decreased by 0.1% in September 2017 compared to August 2017. Non-Landed Private Residential units rents in CCR and OCR increased by 0.4% and 0.8% respectively, while those in RCR decreased by 1.7%.

1

2

According to SRX Property Price Index for Non-landed Private Rentals:
  •  Year-on-year, rents in September 2017 were down by 2.0% from September 2016. In individual sectors, CCR, RCR and OCR posted 1.3%, 4.3% and 0.8% year-on-year decrease in price, respectively.
  •  Rents in September 2017 were 19.2% down compared to its peak in January 2013.
  •  Price index is down 0.4% on year-to-date basis from January 2017.
  •  Price change remained unchanged at -0.4% in August 2017.

2. Rental volume decreases by 12.6%.
 According to SRX Property, an estimated 3,799 Non-landed Private Residential units were rented in September 2017. This represented a 12.6% decrease from 4,345 units rented in August 2017.

3
  •  Year-on-year, rental volume in September 2017 was 1.2% lower than 3,847 units rented in September 2016.


B. HDB Rental Market

1. HDB rents decrease by 0.9%. 
According to SRX Property Price Index for HDB Rentals, rents decreased by 0.9% from August 2017 to September 2017. HDB 3 Rooms, HDB 4 Rooms, HDB 5 Rooms and HDB Executives decreased by 0.9%, 0.8%, 0.9% and 2.6% respectively.

4

5

According to SRX Property Price Index for HDB Rentals:

  •  Year-on-year, rents in September 2017 were down by 4.1% from September 2016.
  •  Rents in September 2017 were down 14.7% compared to its peak in August 2013.
  •  Year-to-date, rental price index has declined by 2.3% from January 2017.
  •  Price change was revised from 0.0% to -0.2% in August 2017. 


6

7

According to SRX Property Price Sub-Indices for HDB Rentals in Mature and Non-mature Estates:

  •  Rents in Mature Estate and Non-mature Estates decreased by 0.9% and 1.0% respectively.
  •  Year-on-year, rents of Mature Estates in September 2017 slipped 4.1% from September 2016.
  •  Year-on-year, rents of Non-mature Estates in September 2017 dropped 4.1% from September 2016.

 2. HDB rental volume decreases by 1.6%. According to SRX Property, an estimated 1,625 HDB flats were rented in September 2017.  This represented an 1.6% decrease from 1,652 units rented in August 2017.

8

  •  Year-on-year, rental volume in September 2017 decreased by 1.6% from September 2016.

Search

Archives

Hello Singapore! I'm Sevi. Ask me any property question.
Chat with Sevi
Sevi - AI Bot
Replies in seconds
Need to speak to someone? 6635-3388
Sevi
I'm Sevi, your personal assistant.

You can ask me basic property questions about transactions, listings, project info and X-value.

Some Examples:

1. Where is Gem Residences located?
2. Are there listings in Hillview Regency for 3 bedrooms and budget of $1.5m?
3. For how much can I sell my property?
4. What are the latest transactions in Bayshore Park?
5. Is it cheaper to buy HDB in Tampines or Jurong East?
6. What is the plot ratio for The Sail?
7. How many blocks are there in Ang Mo Kio Ave 3?

Type RESET or HELP whenever you need.