HDB Central Area Digest — February 2019

Hdb Town Digest 2 min read Last reviewed
Source: data.gov.sg (HDB)
Key Takeaways
  • Sales volume: 14 transactions
  • Average price: $548,563
Avg Price
$548,563 -18.5% MoM
Sales
14

February 2019 Overview

Central Area recorded 14 HDB resale transactions in February 2019 at an average price of $548,563.

Month-on-month, prices moved down 18.5% on higher volume (14 vs 14 deals).

With only 14 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

Central Area resales by flat type, February 2019
Flat typeSalesAvg price
4 ROOM6$626,815
3 ROOM5$395,200
5 ROOM2$856,500
2 ROOM1$230,000

12-Month Trend

Central Area trailing 12 months
MonthSalesAvg price
2018-0321$761,471
2018-0416$630,563
2018-0516$641,375
2018-0616$686,188
2018-0726$562,308
2018-0817$536,464
2018-0910$671,200
2018-1013$532,367
2018-1112$616,907
2018-127$603,413
2019-0114$672,714
2019-0214$548,563

From the 2018-03 high, Central Area resale prices have given back 28.0% — still 28.0% below the 2018-03 baseline.

FAQ

How many HDB resale transactions in Central Area in February 2019?
Central Area recorded 14 transactions in February 2019 at an average resale price of $548,563.
Did HDB resale prices in Central Area rise or fall in February 2019?
The average resale price moved down 18.5% from the prior month, to $548,563.
Which flat type sold the most in Central Area in February 2019?
4 ROOM flats led with 6 resales at an average of $626,815.

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 · 14 records analysed · Source: HDB resale transactions (data.gov.sg)