HDB Bukit Timah Digest — October 2019

Hdb Town Digest 3 min read Last reviewed
Source: data.gov.sg (HDB)
Key Takeaways
  • Sales volume: 8 transactions
  • Average price: $699,750
Avg Price
$699,750 +31.2% MoM
Sales
8

October 2019 Overview

Bukit Timah recorded 8 HDB resale transactions in October 2019 at an average price of $699,750.

That average is up 31.2% from the prior month on higher volume (8 vs 6 deals).

A 8-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, October 2019
Flat typeSalesAvg price
4 ROOM4$584,500
5 ROOM3$793,333
EXECUTIVE1$880,000

12-Month Trend

Bukit Timah trailing 12 months
MonthSalesAvg price
2018-114$653,472
2018-124$750,125
2019-014$703,750
2019-023$719,333
2019-037$802,413
2019-043$707,000
2019-0520$688,225
2019-063$685,592
2019-074$819,500
2019-083$828,333
2019-096$533,333
2019-108$699,750

Bukit Timah resale prices have cooled 15.5% from the 2019-08 peak, yet remain 7.1% above where the series began in 2018-11. The most recent period recovered 31.2%, so the pullback may be finding a floor.

FAQ

How many HDB resale transactions in Bukit Timah in October 2019?
Bukit Timah recorded 8 transactions in October 2019 at an average resale price of $699,750.
Did HDB resale prices in Bukit Timah rise or fall in October 2019?
The average resale price moved up 31.2% from the prior month, to $699,750.
Which flat type sold the most in Bukit Timah in October 2019?
4 ROOM flats led with 4 resales at an average of $584,500.

Methodology & Sources

Numbers in this article reflect October 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 October 2019

Latest recorded data point: Oct 2019 · 8 records analysed · Source: HDB resale transactions (data.gov.sg)