HDB Central Area Digest — March 2019

Hdb Town Digest 2 min read Last reviewed
Source: data.gov.sg (HDB)
Key Takeaways
  • Sales volume: 16 transactions
  • Average price: $569,188
Avg Price
$569,188 +3.8% MoM
Sales
16

March 2019 Overview

Central Area recorded 16 HDB resale transactions in March 2019 at an average price of $569,188.

Month-on-month, prices moved up 3.8% on higher volume (16 vs 14 deals).

By Flat Type

Central Area resales by flat type, March 2019
Flat typeSalesAvg price
3 ROOM7$436,429
4 ROOM5$594,200
5 ROOM3$950,333
2 ROOM1$230,000

12-Month Trend

Central Area trailing 12 months
MonthSalesAvg price
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
2019-0316$569,188

From the 2018-06 high, Central Area resale prices have given back 17.1% — still 9.7% below the 2018-04 baseline. The most recent period recovered 3.8%, so the pullback may be finding a floor.

FAQ

How many HDB resale transactions in Central Area in March 2019?
Central Area recorded 16 transactions in March 2019 at an average resale price of $569,188.
Did HDB resale prices in Central Area rise or fall in March 2019?
The average resale price moved up 3.8% from the prior month, to $569,188.
Which flat type sold the most in Central Area in March 2019?
3 ROOM flats led with 7 resales at an average of $436,429.

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