HDB Marine Parade Digest — March 2019

Hdb Town Digest 2 min read Last reviewed
Source: data.gov.sg (HDB)
Key Takeaways
  • Sales volume: 8 transactions
  • Average price: $537,611
Avg Price
$537,611 +3.0% MoM
Sales
8

March 2019 Overview

Marine Parade recorded 8 HDB resale transactions in March 2019 at an average price of $537,611.

Month-on-month, prices moved up 3% on higher volume (8 vs 4 deals).

A 8-deal month is a thin sample for Marine Parade; the trailing 12-month view below gives a steadier picture of where prices actually sit.

By Flat Type

Marine Parade resales by flat type, March 2019
Flat typeSalesAvg price
4 ROOM4$477,000
3 ROOM2$416,444
5 ROOM2$780,000

12-Month Trend

Marine Parade trailing 12 months
MonthSalesAvg price
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
2019-038$537,611

From the 2018-09 high, Marine Parade resale prices have given back 14.4% — still 1.4% below the 2018-04 baseline. The most recent period recovered 3.0%, so the pullback may be finding a floor.

FAQ

How many HDB resale transactions in Marine Parade in March 2019?
Marine Parade recorded 8 transactions in March 2019 at an average resale price of $537,611.
Did HDB resale prices in Marine Parade rise or fall in March 2019?
The average resale price moved up 3% from the prior month, to $537,611.
Which flat type sold the most in Marine Parade in March 2019?
4 ROOM flats led with 4 resales at an average of $477,000.

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