Resale prices for HDB have been dropping over the previous few months and my view it is may continue to drop till mid 2015.
Bedok
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Tampines
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3 Room
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4 Room
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5 Room
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3 Room
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4 Room
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5 Room
|
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Q2 2014
|
$335,000
|
$435,000
|
$575,000
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Q2 2014
|
$355,000
|
$456,500
|
$555,000
|
|
Q1 2014
|
$332,000
|
$446,000
|
$559,000
|
Q1 2014
|
$365,000
|
$457,400
|
$550,000
|
|
Q3 2014
|
$343,500
|
$450,000
|
$600,000
|
Q3 2014
|
$364,000
|
$468,000
|
$543,000
|
|
Prepared by: jamespropertyagent.blogspot.com
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Reasons for drop:
1) Leasehold property (99 years) - Reduction in market value
Increase in price for (Tampines 5 Room Flat):
However in places such as Tampines
1) Increase of demand as nearby amenities such as Shopping malls (Tampines 1, Tampines mall and Centry Square).
2) Transportation - MRT Lines to be introduced (Greater Connectivity)
In Conclusion: it is hard to compare however we can base on median prices and each transaction price which matches your property type. For more details feel free to contact me. I have done some research for the rental prices below to be used as a guide however it maybe outdated depending on the period you view my article.
Rental prices is not affected as much however it depends on the location, condition of the home and other factors such as near by amenities.
Eg: HDB Rental Prices in my area of focus. Below are the median prices and each transaction is unique and subjected to different conditions.
Bedok
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Tampines
|
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3 Room
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4 Room
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5 Room
|
3 Room
|
4 Room
|
5 Room
|
||
Q1 2014
|
$2,050
|
$2,400
|
$2,650
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Q1 2014
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$2,150
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$2,450
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$2,640
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Q4 2013
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$2,100
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$2,450
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$2,800
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Q4 2013
|
$2,100
|
$2,500
|
$2,600
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Q3 2013
|
$2,050
|
$2,400
|
$2,700
|
Q3 2013
|
$2,180
|
$2,500
|
$2,700
|
Prepared by: jamespropertyagent.blogspot.com
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