- (B.7) Fewer landed property transactions from January 2008 onwards
For the first quarter of 2008, according to caveats lodge, there were 502 landed property transactions, comprising – 67 detached houses, 118 semi-detached houses, and 317 terrace houses. The landed property transactions in the first quarter of 2008 were spread over the following localities:
Table [ 6 ] – Landed property transactions in the First Quarter of 2008
District |
Transactions |
District |
Transactions |
District |
Transactions |
District |
Transactions |
D1 |
0 |
D8 |
5 |
D15 |
74* |
D22 |
7 |
D2 |
1 |
D9 |
4 |
D16 |
51 |
D23 |
12 |
D3 |
0 |
D10 |
38* |
D17 |
13 |
D24 |
0 |
D4 |
2 |
D11 |
14 |
D18 |
2 |
D25 |
6 |
D5 |
15 |
D12 |
7 |
D19 |
79 |
D26 |
10 |
D6 |
0 |
D13 |
28 |
D20 |
46 |
D27 |
9 |
D7 |
0 |
D14 |
25 |
D21 |
20 |
D28 |
34 |
Source of information: SISVRealink
In District 10, there were a total of 16 detached house transactions; 16 semi-detached house transactions; and six terrace house transactions. The information on prices is as follows:
Table [ 7 ] – Landed property transactions in District 10 in the First Quarter of 2008
Type |
Transactions |
Sale price |
Unit land price |
Highest |
lowest |
median |
Highest |
Lowest |
median |
Detached |
16 |
$25.28m |
$1.68m |
$11.3m |
$1,194 |
$105 |
$960 |
Semi-D |
16 |
$7.11m |
$1.6m |
$3.1m |
$1,360 |
$577 |
$1,036 |
Terrace |
6 |
$4.23m |
$2.00m |
$2.2m |
$1,993 |
$748 |
$996 |
Source of information: SISVRealink
In District 15, there were a total of five detached house transactions; 12 semi-detached house transactions; and 57 terrace house transactions. The information on prices is as follows:
Table [ 8 ] – Landed property transactions in District 15 in the First Quarter of 2008
Type |
Transactions |
Sale price |
Unit land price |
Highest |
lowest |
median |
Highest |
Lowest |
median |
Detached |
5 |
$9.30m |
$2.08m |
$3.80m |
$1,007 |
$609 |
$665 |
Semi-D |
12 |
$5.5m |
$1.58m |
$2.80m |
$997 |
$472 |
$682 |
Terrace |
57 |
$3.00m |
$670k |
$1.35m |
$1,193 |
$66 |
$643 |
Source of information: SISVRealink
The landed property transactions in April 2008 were spread over the following localities:
Table [ 9 ] – Landed property transactions in April 2008
District |
Transactions |
District |
Transactions |
District |
Transactions |
District |
Transactions |
D1 |
0 |
D8 |
0 |
D15 |
14 |
D22 |
0 |
D2 |
0 |
D9 |
3 |
D16 |
12 |
D23 |
6 |
D3 |
0 |
D10 |
7 |
D17 |
4 |
D24 |
0 |
D4 |
0 |
D11 |
5 |
D18 |
2 |
D25 |
1 |
D5 |
2 |
D12 |
0 |
D19 |
30 |
D26 |
8 |
D6 |
0 |
D13 |
8 |
D20 |
14 |
D27 |
3 |
D7 |
0 |
D14 |
5 |
D21 |
3 |
D28 |
6 |
Total Transactions |
133 |
Source of information: SISVRealink
Apparently, District 19 has become the new hot spot due to the presence of two good international schools and the increasing number of expatriates living there. The other two darlings of landed housing areas, i.e. D10 and D15 continue to do well regardless of the market situation.
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