Forgot your password?

Don't have an account? Create An Account

For agents interested in participating on SRX, please contact us at +65 6635 3388 or write to us at


Achieve the life you want, in the home you love
Property Data08 Aug 2017

Private Resale Non-Landed Prices Decrease 0.5% in July; Volume Decreases by 9.7%

1. Non-landed Private Residential Resale Prices decreased 0.5% in July 2017. Non-landed Private Residential Resale prices decreased 0.5% in July 2017 compared to June 2017. In individual sectors, both CCR and RCR recorded a price increase of 0.6% and 0.4% respectively, while OCR price index has decreased by 1.9%.



According to the SRX Non-Landed Private Residential Price Index:

  •  Year-on-year, prices in July 2017 increased by 2.0% from July 2016. In individual sectors, CCR and RCR recorded a year-on-year price increase of 4.8% and 4.4%, while OCR decreased by 1.3% respectively.
  •  July 2017 prices were down by 5.0% from the peak in January 2014.
  •  Year-to-date, prices increase by 2.2% in comparison to January 2017.
  •  Price change in June 2017 was revised from 0.9% to 0.7%.

2. Resale volume decreases by 9.7%. According to Non-Landed Private Residential Resale data compiled by SRX Property, an estimated 952 Non-landed Private Residential units were resold in July 2017. This is a 9.7% decrease compared to 1,054 units resold in June 2017.


  •  Year-on-year, resale volume in July 2017 was 20.1% higher compared to 793 units resold in July 2016;
  •  Resale volume was down by 53.6 % compared to its peak of 2,050 units resold in April 2010.

3. Overall median Transaction Over X-Value (TOX) is ZERO in July 2017. The median T-O-X for Non-Landed Private Residential measures whether people are overpaying or underpaying the SRX Property X-Value estimated market value.

  •  The median T-O-X in July 2017 is ZERO. This is a $1,000 decrease compared to $1,000 in June 2017.

4. District 20 posts highest median T-O-X. For districts with more than 10 resale transactions in July 2017, District 20 (Ang Mo Kio / Bishan / Thomson) posted the highest median T-O-X at POSITIVE $60,000.


This means that a majority of the buyers in those districts purchased units above the computer-generated market value.


 5. Among relatively active districts, District 26 posts the most negative median T-O-X. District 26 (Mandai / Upper Thomson) posted a T-O-X of NEGATIVE $27,000.

This means that a majority of the buyers in these districts purchased units below the computer-generated market value.



Like this article? Share it.
mySG Home
Your Digital Home
Track Your Home. Discover Your Wealth
The free, personalized advice, advocacy, and guidance for buying or renting property in Singapore
Property Data 13 March
Rental Market Remains Stagnant in February 2019 for Non-Landed Private Residential and HDB. Volume in Both Markets Decreased.
Rental Market Remains Stagnant in February 2019 for Non-Landed Private Residential and HDB. Volume in Both Markets Decreased.
Property Data 07 March
HDB Resale Prices Remain Unchanged at 0.0% and Resale Volume Decreases by 15.8% in February 2019
HDB Resale Prices Remained Unchanged but Resale Volume Decreased in February 2019
Property Data 13 February
Non-Landed Private Residential Rents Increase by 1.9% and HDB Rents Increase by 0.3% in January 2019
Both Non-Landed Private Residential Rents and HDB Rents Increased in January 2019

Contact Us

Hello Singapore! I'm Sevi. Ask me any property question.
Chat with Sevi
Sevi - AI Bot
Replies in seconds
Need to speak to someone? 6635-3388
I'm Sevi, your personal assistant.

You can ask me basic property questions about transactions, listings, project info and X-value.

Some Examples:

1. Where is Gem Residences located?
2. Are there listings in Hillview Regency for 3 bedrooms and budget of $1.5m?
3. For how much can I sell my property?
4. What are the latest transactions in Bayshore Park?
5. Is it cheaper to buy HDB in Tampines or Jurong East?
6. What is the plot ratio for The Sail?
7. How many blocks are there in Ang Mo Kio Ave 3?

Type RESET or HELP whenever you need.