Results 1 to 11 of 11

Thread: HDB resale volume and prices inch up in Q4 2019

  1. #1
    Join Date
    Oct 2011
    Posts
    10,829

    Default HDB resale volume and prices inch up in Q4 2019

    HDB resale volume and prices inch up in Q4 2019

    Fri, Jan 24, 2020


    MORE Housing and Development Board (HDB) resale flats changed hands in the fourth quarter of last year and their prices inched up, latest public housing figures show.

    There were 6,339 resale transactions in the fourth quarter, compared with 6,264 cases in the third quarter, HDB said on Thursday.

    The fourth quarter's figure was also 12.5 per cent higher than the number of resale transactions in the fourth quarter of 2018.

    For the whole year of 2019, resale transactions increased by 2.7 per cent, from 23,099 cases to 23,714 cases.

    Meanwhile, the prices of resale flats rose by 0.5 per cent from the previous three months, making resale prices in 2019 0.1 per cent higher than the year before.

    Christine Sun, head of research and consultancy at OrangeTee & Tie, said the HDB resale market staged a "surprising turnaround" in the third quarter last year, after prices had dipped for 11 consecutive quarters since the fourth quarter of 2016.

    She said this could be due to the cumulative effect of government policies.

    "A number of important changes were made last year, such as the move to allow buyers greater flexibility in using CPF to buy older flats and to enhance the CPF Housing Grant to increase housing affordability for more Singaporeans," she noted.

    Five-room flats in Bukit Merah fetched the highest median resale price at S$783,500 between October and December last year, followed by four-room flats in Queenstown at S$750,000, and those in Toa Payoh at S$738,000.

    Latest figures also showed that HDB approved 0.6 per cent more applications to rent out flats in the last quarter of 2019 than the preceding quarter.

    It approved 12,079 applications, up from 12,006 in the third quarter of the year.

    At the end of December 2019, 57,224 HDB flats were rented out, up 1.3 per cent over the 56,474 units rented out by the end of September.

    This year, HDB will launch about 16,000 to 17,000 Build-To-Order (BTO) flats for sale.

    In February, it will offer about 3,000 such units in Sembawang and Toa Payoh.

    In May, 3,700 BTO flats in Choa Chu Kang, Pasir Ris, Tampines and Tengah will also be open to prospective buyers. THE STRAITS TIMES

    https://www.businesstimes.com.sg/rea...-up-in-q4-2019

  2. #2
    Join Date
    Jan 2020
    Posts
    6

    Default Re: HDB resale volume and prices inch up in Q4 2019

    Where can I find resale flats without using an agent? Propertyguru and 99.co seems to be all agents.

  3. #3
    Join Date
    Jan 2020
    Posts
    6

    Smile Re: HDB resale volume and prices inch up in Q4 2019

    I'm not too sure... Heard from my relatives about trubid.sg but have yet to try

  4. #4
    Join Date
    Jun 2009
    Location
    Southbank
    Posts
    9,531

    Default Re: HDB resale volume and prices inch up in Q4 2019

    Quote Originally Posted by michlle123 View Post
    Where can I find resale flats without using an agent? Propertyguru and 99.co seems to be all agents.
    Be patient, HDB going to have a website for HDB buyers who DIY.

    New one-stop HDB sales portal by end of next year

    https://www.straitstimes.com/singapo...d-of-next-year

    FOR SALE BY OWNER

    https://www.edgeprop.sg/analytic/fsbo

    https://frugalinsingapore.com/agents...tal-singapore/

    https://ping.property/hdb/selling-yo...sell-your-hdb/

    https://www.gumtree.sg/s-property/pr...wners/v1c2q0p1

    https://blog.carousell.com/property/
    Last edited by Arcachon; 29-01-20 at 13:28.

  5. #5
    Join Date
    Jan 2020
    Posts
    4

    Default Re: HDB resale volume and prices inch up in Q4 2019

    If that is the case, I'm Singaporean, but i've been living overseas for about 40 years. I plan to retire in Singapore and buy an HDB flat. Do I qualify for any grants? I don't have CPF money....

  6. #6
    Join Date
    Jun 2009
    Location
    Southbank
    Posts
    9,531

    Default Re: HDB resale volume and prices inch up in Q4 2019

    Quote Originally Posted by dominiclimrocks View Post
    If that is the case, I'm Singaporean, but i've been living overseas for about 40 years. I plan to retire in Singapore and buy an HDB flat. Do I qualify for any grants? I don't have CPF money....
    For DIY Buyer.

    https://www.hdb.gov.sg/cs/infoweb/re...grants-for-ecs

    https://www.hdb.gov.sg/cs/infoweb/re.../buying-a-flat

    https://www.hdb.gov.sg/cs/infoweb/re...ing-a-flat/new

    https://www.hdb.gov.sg/cs/infoweb/re...-a-flat/resale

    Loan

    https://blog.seedly.sg/the-complete-...bank-hdb-loan/

    https://www.icompareloan.com/resourc...nterest-rates/

  7. #7
    Join Date
    Jun 2009
    Location
    Southbank
    Posts
    9,531

    Default Re: HDB resale volume and prices inch up in Q4 2019

    5 Things to Know About Public Housing in Singapore

    https://www.gov.sg/article/5-things-...g-in-singapore

  8. #8
    Join Date
    Jan 2020
    Posts
    6

    Default Re: HDB resale volume and prices inch up in Q4 2019

    u sure u wanna retire here?? can check hdb.gov for more info

  9. #9
    Join Date
    Jan 2020
    Posts
    4

    Default Re: HDB resale volume and prices inch up in Q4 2019

    If you don't want to engage agents, there is one platform that has direct sellers which will help you to save on commission. The platform will be Oh My Home. I have also heard of trubid.sg. they provide services like what agent does, but if you are a buyer, i heard that they are not charging any commission. Seems like a pretty good deal.

  10. #10
    Join Date
    Jan 2020
    Posts
    6

    Default Re: HDB resale volume and prices inch up in Q4 2019

    Quote Originally Posted by dominiclimrocks View Post
    If that is the case, I'm Singaporean, but i've been living overseas for about 40 years. I plan to retire in Singapore and buy an HDB flat. Do I qualify for any grants? I don't have CPF money....
    stay overseas 40 years already why come back

  11. #11
    Join Date
    Jan 2020
    Posts
    3

    Default Re: HDB resale volume and prices inch up in Q4 2019

    I thought you might have some problems applying for loans

Similar Threads

  1. HDB resale volume surges in July; prices inch up
    By reporter2 in forum HDB, EC, commercial and industrial property discussion
    Replies: 0
    -: 11-08-20, 16:11
  2. Singapore condo resale volume shrinks 27.4% in 2019: SRX
    By reporter2 in forum Singapore Private Condominium Property Discussion and News
    Replies: 0
    -: 14-01-20, 17:16
  3. HDB resale prices inch up 0.1% in December: SRX
    By reporter2 in forum HDB, EC, commercial and industrial property discussion
    Replies: 1
    -: 05-01-18, 20:32
  4. HDB resale prices inch up 0.1% in Q2
    By reporter2 in forum HDB, EC, commercial and industrial property discussion
    Replies: 0
    -: 08-07-16, 01:29
  5. HDB resale prices inch up 0.2% in Q4
    By reporter2 in forum HDB, EC, commercial and industrial property discussion
    Replies: 0
    -: 05-01-16, 16:43

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •