Residential Property Flash Report December 2013* HDB Resale & Rental Market

* Based on numbers compiled 8 January 2013.

As a public service to Singapores news media, the Singapore Real Estate Report (SRX) releases the Residential Property Flash Report once a month. The Residential Property Flash Report contains real-time property information, crossreferenced with public data from government bodies to ensure completeness and avoid duplication, which in turn provide a very complete picture of the property market in Singapore. This includes precise unit rental information and pre-caveat resale transactions.

As a result, the Flash Report provides property trends ahead of market. For professional views on property trends and activities, please contact the following Estate Agencies:
Agency PropNex HSR DWG ORANGETEE (Research) ERA C&H DTZ ECG SAVILLS (Agency) SAVILLS (Research) REMAX Name Carolyn Goh Donald Yeo Andy Choa Christine Li Eugene Lim Albert Lu Lee Lay Keng Andy Lye George Tan Alan Cheong Thomas Tan Mobile 9828 7834 8233 2000 9737 8738
8511 3758 6305 2250

Email carolyn@pandnholdings.com donaldyeo@hsr.com.sg andy.choa@dwg.com.sg christine.li@orangetee.com eugenelim@era.com.sg albert@candh.com.sg Laykeng.lee@dtz.com andy.lye@ecgproperty.com gtan@savills.com.sg alan.cheong@savills.com.sg thomastan@remax.com.sg

9022 3122 9022 6866 9189 0751 6393 2329 9683 9668 9792 8913 9389 9250 9271 8080

About SRX. The Singapore Real Estate Exchange (SRX) is an electronic network powered by StreetSine Technology. Leading Estate Agencies and salespersons go to SRX to obtain market information to conduct real estate transactions. SRX is the only place in Singapore where agents can find Validated ListingsTM and real-time, instant, and live transacted prices for sales and rentals, as they occur. Over the last year, 88.4% of resale homes transacted in Singapore used Home ReportTM to understand the market, price comparable homes, and negotiate.
For technical questions regarding SRX data, please contact Jason Chen on +65 8388 5639 or jason.chen@streetsine.com , or visit www.srx.com.sg. We can verify the accuracy, analysis, and presentation of specific SRX data prior to publication.

Residential Property Flash Report December 2013* HDB Resale & Rental Market
* Based on numbers compiled 8 January 2013.

1. December HDB Resale and Rental Market

1.1. Market Activities

HDB Resale Volume

HDB Rental Volume

1,364 [E]

908 [E]

Source: SRX

1.2. Median Cash Over Valuation (COV) ($)

2013 December Overall Median COV 2013 November Overall Median COV Change (Month-on-month)
Note: Grey color fields contain figures derived from less than 10 transactions. Yellow color fields contain figures derived from only 1 transaction.

$5,000 $8,000

-37.5%
Source: SRX

Residential Property Flash Report December 2013* HDB Resale & Rental Market
* Based on numbers compiled 8 January 2013.

1.3. HDB Resale Transactions with Negative COVs No. of HDB Resales with Negative COVs Percentage of HDB Resales with Negative COVs

Source: SRX

Source: SRX

Breakdown of NegativeCOV Resales in Nov 2013

Source: SRX

Residential Property Flash Report December 2013* HDB Resale & Rental Market
* Based on numbers compiled 8 January 2013.

1.4. Median Resale Price ($) and HDB Resale Index

2013 December Resale Index Value 2013 November Resale Index Value Change (Month-on-month)
Note: Grey color fields contain figures derived from less than 10 transactions. Yellow color fields contain figures derived from only 1 transaction.

145.9 146.7

-0.5%
Source: SRX

1.5. Median Monthly Rent ($)

2013 December Overall Median Rents 2013 November Overall Median Rents Change (Month-on-month)
Note: Grey color fields contain figures derived from less than 10 transactions. Yellow color fields contain figures derived from only 1 transaction.

$2,300 $2,350

-2.1%
Source: SRX

(Flash)

Residential Property Flash Report December 2013* HDB Resale & Rental Market
* Based on numbers compiled 8 January 2013.

2. 2013 HDB Resale and Rental Volume Round-up

Annual Resale Volume HDB Rental Volume

Source: SRX

Source: SRX

3. Quarterly Overall Median HDB Valuation

Source: SRX