HDB Bukit Timah Digest — February 2019

Hdb Town Digest 2 min read Last reviewed
Source: data.gov.sg (HDB)
Key Takeaways
  • Sales volume: 3 transactions
  • Average price: $719,333
Avg Price
$719,333 +2.2% MoM
Sales
3

February 2019 Overview

Bukit Timah recorded 3 HDB resale transactions in February 2019 at an average price of $719,333.

Month-on-month, prices moved up 2.2% on lower volume (3 vs 4 deals).

With only 3 transactions this month, single deals can swing the average — read the 12-month trend below rather than this month's figure in isolation.

By Flat Type

Bukit Timah resales by flat type, February 2019
Flat typeSalesAvg price
3 ROOM1$450,000
EXECUTIVE1$983,000
4 ROOM1$725,000

12-Month Trend

Bukit Timah trailing 12 months
MonthSalesAvg price
2018-035$737,800
2018-046$746,648
2018-052$550,000
2018-067$764,555
2018-0713$669,769
2018-083$872,029
2018-094$642,500
2018-106$764,129
2018-114$653,472
2018-124$750,125
2019-014$703,750
2019-023$719,333

From the 2018-08 high, Bukit Timah resale prices have given back 17.5% — still 2.5% below the 2018-03 baseline. The most recent period recovered 2.2%, so the pullback may be finding a floor.

FAQ

How many HDB resale transactions in Bukit Timah in February 2019?
Bukit Timah recorded 3 transactions in February 2019 at an average resale price of $719,333.
Did HDB resale prices in Bukit Timah rise or fall in February 2019?
The average resale price moved up 2.2% from the prior month, to $719,333.
Which flat type sold the most in Bukit Timah in February 2019?
3 ROOM flats led with 1 resales at an average of $450,000.

Methodology & Sources

Numbers in this article reflect February 2019 and update every month.

HDB resale and rental data from data.gov.sg.

Outlier-resistant medians anchor every PSF figure shown above. Volume counts are exact transaction tallies, not estimates.

Data as of February 2019

Latest recorded data point: Feb 2019 · 3 records analysed · Source: HDB resale transactions (data.gov.sg)