“We may expect resale prices to remain soft as competition is likely to stiffen further with more flats reaching their minimum occupation period in the coming months,” she said.
The median TOX measures whether people are overpaying (in the case of a positive TOX) or underpaying (when there is a negative TOX) relative to the SRX Property X-Value estimated market value for flats. Five-room flats recorded a median TOX of S$1,000, while executive flats were S$5,...
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Property activities typically pick up after the Chinese New Year festive celebrations as sellers and buyers become more active in listing and searching properties, she noted. “We may expect sales transactions to pick up further in the coming months as more flats will be reaching their five-year...
TOX measures how much a buyer is overpaying (positive value) or underpaying (negative value) for a property based on SRX’s computer-generated market value. The data includes only districts with more than 10 resale transactions. HDB executive flats recorded zero TOX while three-room,...
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