HDB Marine Parade Digest — December 2019

Hdb Town Digest 3 min read Last reviewed
Source: data.gov.sg (HDB)
Key Takeaways
  • Sales volume: 12 transactions
  • Average price: $463,583
Avg Price
$463,583 +2.5% MoM
Sales
12

December 2019 Overview

Marine Parade recorded 12 HDB resale transactions in December 2019 at an average price of $463,583.

That average is up 2.5% from the prior month on higher volume (12 vs 11 deals).

With only 12 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, December 2019
Flat typeSalesAvg price
3 ROOM7$356,143
5 ROOM3$728,333
4 ROOM2$442,500

12-Month Trend

Marine Parade trailing 12 months
MonthSalesAvg price
2019-0113$420,308
2019-024$522,000
2019-038$537,611
2019-0410$504,300
2019-0514$463,635
2019-068$511,625
2019-0716$506,343
2019-0811$533,081
2019-0910$426,660
2019-108$593,250
2019-1111$452,444
2019-1212$463,583

Marine Parade resale prices have cooled 21.9% from the 2019-10 peak, yet remain 10.3% above where the series began in 2019-01. The most recent period recovered 2.5%, so the pullback may be finding a floor.

FAQ

How many HDB resale transactions in Marine Parade in December 2019?
Marine Parade recorded 12 transactions in December 2019 at an average resale price of $463,583.
Did HDB resale prices in Marine Parade rise or fall in December 2019?
The average resale price moved up 2.5% from the prior month, to $463,583.
Which flat type sold the most in Marine Parade in December 2019?
3 ROOM flats led with 7 resales at an average of $356,143.

Methodology & Sources

Numbers in this article reflect December 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 December 2019

Latest recorded data point: Dec 2019 · 12 records analysed · Source: HDB resale transactions (data.gov.sg)