HDB Marine Parade Digest — January 2020

Hdb Town Digest 2 min read Last reviewed
Source: data.gov.sg (HDB)
Key Takeaways
  • Sales volume: 11 transactions
  • Average price: $382,000
Avg Price
$382,000 -17.6% MoM
Sales
11

January 2020 Overview

Marine Parade recorded 11 HDB resale transactions in January 2020 at an average price of $382,000.

Month-on-month, prices moved down 17.6% on lower volume (11 vs 12 deals).

With only 11 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, January 2020
Flat typeSalesAvg price
3 ROOM7$321,714
4 ROOM4$487,500

12-Month Trend

Marine Parade trailing 12 months
MonthSalesAvg price
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
2020-0111$382,000

From the 2019-10 high, Marine Parade resale prices have given back 35.6% — still 26.8% below the 2019-02 baseline.

FAQ

How many HDB resale transactions in Marine Parade in January 2020?
Marine Parade recorded 11 transactions in January 2020 at an average resale price of $382,000.
Did HDB resale prices in Marine Parade rise or fall in January 2020?
The average resale price moved down 17.6% from the prior month, to $382,000.
Which flat type sold the most in Marine Parade in January 2020?
3 ROOM flats led with 7 resales at an average of $321,714.

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