Median resale price of a four-bedroom HDB flat in Geylang rose by more than $300

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Median resale price of a four-bedroom HDB flat in Geylang rose by more than $300,000 last year

Among the HDB houses that just met the minimum residential life last year, the transaction price of the four -bedroom units was generally higher than $900,000 . (File photo)
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In the second half of last year, the median re -prices of the four -bedroom -type resale price of the districts of the island exceeded the threshold of $500,000 . Among them, the median number of the Budong District rose the largest, from $588,000 in the first quarter to the fourth quarter.

The latest data released by the Housing and Development Board on Friday (January 24) showed that the resale price of HDB flats in the fourth quarter of last year increased by 2.6% compared with the third quarter, and the annual increase was 9.7%. The authorities pointed out that increased market demand and tight supply were the reasons for the continued rise in resale prices in the fourth quarter.

The authorities also released the fourth-quarter median resale prices for each housing type in each district.

Shin Min Daily News observed that the median resale price of a four-room house in various districts in the fourth quarter ranged from $521,500 (Jurong West) to $950,000 (Toa Payoh), while the median four-bedroom house price in all districts The situation of exceeding 500,000 yuan started in the third quarter of last year. Earlier, the median price of a four-bedroom apartment in Jurong East and Jurong West was still below $500,000.

In addition, the biggest increase in the median price of a four-bedroom apartment was in Geylang District. From $588,000 in the first quarter, it rose to $877,000 in the second quarter. It continued to rise in the next two quarters and has reached the fourth quarter. $906,500 .

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Three-bedroom, four-room HDB flat on Circular Road changed hands for over one million in two weeks

Three-bedroom, four-room HDB flat on Circular Road changed hands for over one million yuan in two weeks




HDB resale prices rose 9.7% last year, analysis: growth may reach 9% this year

HDB resale prices rose 9.7% last year, analysis: growth may reach 9% this year



Analyst: 26 units on Loop Road exceeded $900,000

When interviewed, the chief researcher of MOGUL.sg, Mak Chun-rong, pointed out that this is related to the new HDB flats along Circuit Road (Circuit Road). The MacPherson Spring project on Circular Road met the minimum age of residence (MOP) in the second quarter of last year, and other projects such as MacPherson Residency are less than 10 years old. These HDB flats in good locations and very new are selling for good prices.

Mak Chunrong analyzed that the Geylang HDB area is small, and most of the HDB flats on the resale market were older houses that were thirty or forty years old. Therefore, whenever there are new HDB flats in the area, it will attract a lot of people. It is easy to sell at a high price due to interest, but this does not mean that all HDB flats in Geylang District will sell at the same price.

"The new HDB flats along Circular Road are close to the city. The walking distance to Macpherson MRT interchange station is at most a few hundred meters. The location is very good."

According to data.gov.sg official website data, there were 64 four -bedroom -style transfers in the fourth quarter of last year, with half the price of more than $900,000 . Sun Yanqing, chief research and strategic director of Orangetee Group, quoted data, saying that most units with a break of $900,000 are on the circular of new projects, accounting for 26.
She pointed out that the 26 units of the circular circuit have 16 to transfer prices from 900,000 to 1 million yuan, and the other 10 will exceed one million, and the highest price is 1.058 million yuan.

[炎杀黑龙波]

Default Huat already? You stay there right?

[stillgottheblues]

Million dollar HDB era is here! I'm alive to see it!

[Banned User]

One million dollar hdb is the norm

[Arctic]

Parents better start saving up for their kids