HDB Marine Parade Digest — February 2019

Hdb Town Digest 2 min read Last reviewed
Source: data.gov.sg (HDB)
Key Takeaways
  • Sales volume: 4 transactions
  • Average price: $522,000
Avg Price
$522,000 +24.2% MoM
Sales
4

February 2019 Overview

Marine Parade recorded 4 HDB resale transactions in February 2019 at an average price of $522,000.

Month-on-month, prices moved up 24.2% on lower volume (4 vs 13 deals).

With only 4 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

Marine Parade resales by flat type, February 2019
Flat typeSalesAvg price
4 ROOM2$521,500
3 ROOM1$315,000
5 ROOM1$730,000

12-Month Trend

Marine Parade trailing 12 months
MonthSalesAvg price
2018-0315$581,713
2018-0411$545,182
2018-057$516,429
2018-0614$581,643
2018-0715$456,180
2018-0815$594,126
2018-0913$628,376
2018-108$492,861
2018-1118$479,667
2018-124$573,750
2019-0113$420,308
2019-024$522,000

From the 2018-09 high, Marine Parade resale prices have given back 16.9% — still 10.3% below the 2018-03 baseline. The most recent period recovered 24.2%, so the pullback may be finding a floor.

FAQ

How many HDB resale transactions in Marine Parade in February 2019?
Marine Parade recorded 4 transactions in February 2019 at an average resale price of $522,000.
Did HDB resale prices in Marine Parade rise or fall in February 2019?
The average resale price moved up 24.2% from the prior month, to $522,000.
Which flat type sold the most in Marine Parade in February 2019?
4 ROOM flats led with 2 resales at an average of $521,500.

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