HDB Bukit Timah Digest — March 2019

Hdb Town Digest 2 min read Last reviewed
Source: data.gov.sg (HDB)
Key Takeaways
  • Sales volume: 7 transactions
  • Average price: $802,413
Avg Price
$802,413 +11.5% MoM
Sales
7

March 2019 Overview

Bukit Timah recorded 7 HDB resale transactions in March 2019 at an average price of $802,413.

Month-on-month, prices moved up 11.5% on higher volume (7 vs 3 deals).

A 7-deal month is a thin sample for Bukit Timah; the trailing 12-month view below gives a steadier picture of where prices actually sit.

By Flat Type

Bukit Timah resales by flat type, March 2019
Flat typeSalesAvg price
5 ROOM3$811,667
4 ROOM2$627,944
EXECUTIVE2$963,000

12-Month Trend

Bukit Timah trailing 12 months
MonthSalesAvg price
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
2019-037$802,413

From the 2018-08 high, Bukit Timah resale prices have given back 8.0% — still 7.5% above the 2018-04 baseline. The most recent period recovered 11.5%, so the pullback may be finding a floor.

FAQ

How many HDB resale transactions in Bukit Timah in March 2019?
Bukit Timah recorded 7 transactions in March 2019 at an average resale price of $802,413.
Did HDB resale prices in Bukit Timah rise or fall in March 2019?
The average resale price moved up 11.5% from the prior month, to $802,413.
Which flat type sold the most in Bukit Timah in March 2019?
5 ROOM flats led with 3 resales at an average of $811,667.

Methodology & Sources

Numbers in this article reflect March 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 March 2019

Latest recorded data point: Mar 2019 · 7 records analysed · Source: HDB resale transactions (data.gov.sg)