HDB Central Area Digest — January 2020

Hdb Town Digest 2 min read Last reviewed
Source: data.gov.sg (HDB)
Key Takeaways
  • Sales volume: 7 transactions
  • Average price: $472,857
Avg Price
$472,857 -17.3% MoM
Sales
7

January 2020 Overview

Central Area recorded 7 HDB resale transactions in January 2020 at an average price of $472,857.

Month-on-month, prices moved down 17.3% on lower volume (7 vs 17 deals).

With only 7 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, January 2020
Flat typeSalesAvg price
3 ROOM5$377,400
4 ROOM2$711,500

12-Month Trend

Central Area trailing 12 months
MonthSalesAvg price
2019-0214$548,563
2019-0316$569,188
2019-0416$695,674
2019-0518$557,556
2019-0618$609,267
2019-0717$640,353
2019-0817$669,282
2019-0912$602,324
2019-1016$574,056
2019-1112$691,657
2019-1217$571,516
2020-017$472,857

From the 2019-04 high, Central Area resale prices have given back 32.0% — still 13.8% below the 2019-02 baseline.

FAQ

How many HDB resale transactions in Central Area in January 2020?
Central Area recorded 7 transactions in January 2020 at an average resale price of $472,857.
Did HDB resale prices in Central Area rise or fall in January 2020?
The average resale price moved down 17.3% from the prior month, to $472,857.
Which flat type sold the most in Central Area in January 2020?
3 ROOM flats led with 5 resales at an average of $377,400.

Methodology & Sources

Numbers in this article reflect January 2020 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 January 2020

Latest recorded data point: Jan 2020 · 7 records analysed · Source: HDB resale transactions (data.gov.sg)