\u003Cp\u003E\u003Cstrong\u003EYear-on-year, prices rose by 4.9%.\u003C/strong\u003E\u003C/p\u003E\n\u003Cp\u003EHDB resale prices fell in September, declining by 0.6% MoM, figures from 99-SRX showed.\u003C/p\u003E\n\u003Cp\u003EYear-on-year, however, prices rose by 4.9%.\u003C/p\u003E\n\u003Cp\u003EBased on the report, prices decreased for both mature (-0.4%) and non-mature estates (0.9%) on a month-on-month comparison. \u003C/p\u003E\n\u003Cp\u003EPrices likewise decreased across most room types, except for 3 Room which recorded a 0.6% MoM uptick in prices.\u003C/p\u003E\n\u003Cp\u003E4 Room, 5 Room, and Executive prices decreased by 0.9% MoM, 0.3% MoM, and 2.1% MoM, respectively.\u003C/p\u003E\n\u003Cp\u003EVolume likewise dipped in September, with 1,985 HDB resale units transacted (-19.7% MoM).\u003C/p\u003E\n\u003Cp\u003EYear-on-year, resale volume in September 2023 was 23.3% lower.\u003C/p\u003E\n\u003Cp\u003EMost of the transactions in September were HDB 4 Room (45.5%), followed by 3 Room (35.6%), 5 Room (23.1%), and Executive (5.8%).\u003C/p\u003E\n\u003Cp\u003EIn terms of estate, non-mature estates took the lion’s share of transactions (59.9%). The remaining 40.1% were from mature estates.\u003Cbr /\u003E\n \u003C/p\u003E
Based on the report, prices decreased for both mature and non-mature estates on a month-on-month comparison.
Prices likewise decreased across most room types, except for 3 Room which recorded a 0.6% MoM uptick in prices.Volume likewise dipped in September, with 1,985 HDB resale units transacted .Most of the transactions in September were HDB 4 Room , followed by 3 Room , 5 Room , and Executive . In terms of estate, non-mature estates took the lion’s share of transactions . The remaining 40.1% were from mature estates....there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.4.
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Bishan HDB executive maisonette fetches record price of S$1.45MThree other executive maisonettes in or near Bishan also sold for more than a million dollars
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HDB resale market ‘may come under pressure’ in 4Q23: expert\u003Cp\u003E\u003Cstrong\u003EIn 3Q23, resale volume dipped 19.7% MoM and 23.3% YoY.\u003C/strong\u003E\u003C/p\u003E\n\u003Cp\u003EThe HDB resale market will continue to see slower activity in 4Q23, according to several real estate experts.\u003C/p\u003E\n\u003Cp\u003EOrangeTee, PropNex, and Huttons all pointed to the upcoming BTO sales launch as a factor which will affect activity in the HDB resale market in the next quarter. \u003C/p\u003E\n\u003Cp\u003E“The resale market may come under pressure in the fourth quarter of 2023. Around 13,000 new flats will be put up for sale from two BTO sales launches in October and December. Many BTO flats are well-located, in proximity to an MRT station or surrounded by ample amenities. As a result, we expect more buyers to be diverted from the secondary market,” OrangeTee said.\u003C/p\u003E\n\u003Cp\u003EPropNex echoed this, adding that the BTO sales launch already affected transactions in 3Q23.\u003C/p\u003E\n\u003Cp\u003E“We think the decline in the resale market activity could be partially due to the Ghost month which straddled August and September, as well as the HDB’s build-to-order (BTO) exercise, which was postponed from August to 4 October,” PropNex said.\u003C/p\u003E\n\u003Cp\u003E“Some prospective buyers may have decided to wait for the BTO launch, given the desirable locations offered, including in Kallang Whampoa and Queenstown,” PropNex added.\u003C/p\u003E\n\u003Cp\u003EIn 3Q23, resale volume dipped 19.7% MoM and 23.3% YoY.\u003C/p\u003E\n\u003Cp\u003E“Some buyers may have held back the purchase of a resale flat to see if there are BTO flats with a shorter completion time or non-PLH flats in mature estates,” commented Huttons.\u003C/p\u003E\n\u003Cp\u003EPropNex added that a “mismatch in price expectations between sellers and buyers could also have slowed transactions” during the period.\u003Cbr /\u003E\n \u003C/p\u003E
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New HDB BTO unit classification: Know the difference between Standard, Plus, and Prime flatsSo, do you know what is like the 'Beyonce' of Singapore's housing scene? HDB BTOs - always in the limelight and constantly evolving. Just when you thought you had it all figured out, HDB throws a curveball with new classifications: Standard, Plus, and Prime. But fear not, dear reader! We're here to break it down for you, so you won't...
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HDB launches 6,800 BTO flats, with tighter rules for applicants who reject offer to book unitsThe Housing Board on Wednesday launched 6,800 Build-To-Order (BTO) flats for sale across eight projects in Choa Chu Kang, Kallang/Whampoa, Queenstown and Tengah. Two of the projects, in Kallang/Whampoa and Queenstown, fall under the prime location public housing (PLH)...
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Sim Ann on technical issues affecting HDB Flat Eligibility lettersNo buyers missed out on the HDB sales launch in May 2023 despite technical issues that affected the implementation of HDB Flat Eligibility letters. These HFE letters were introduced in May with the aim of streamlining the flat-buying process by integrating various eligibility assessments into a single application. Seni
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