1. CCR and RCR prices decrease by 0.1% and 1.7% while OCR prices increase by 1.3% in March 2020.
According to the SRX Price Index for Non-Landed Private Residential Resale:
According to the SRX Price Index for Non-Landed Private Residential Resale:
- Month-on-month, overall prices increase by 0.1% over February 2020.
- Year-on-year, overall prices increase by 0.4% over March 2019.
- In terms of regions, year-on-year, RCR prices decrease by 0.8% while CCR and OCR record price increases of 1.0% and 0.7%.
- Volumes are 13.0% lower than in March 2019, and 21.0% lower than the 5-year average volume for the month of March.
- Breaking down by regions, in March 2020, 57.5% of the volume comes from OCR, 22.9% comes from RCR and 19.6% comes from CCR.
- In RCR, the highest transacted price is a unit at Pebble Bay resold for $4.4 million.
- In OCR, the highest transacted price is a unit at Flamingo Valley resold for $3.3 million.
- District 9 (Orchard / River Valley) posted the highest median T-O-X at POSITIVE $40,000, followed by District 8 (Farrer Park / Serangoon Rd) at POSITIVE $35,000.
- District 20 (Ang Mo Kio / Bishan / Thomson) posted the lowest median T-O-X at NEGATIVE $62,000, followed by District 15 (East Coast / Marine Parade) at NEGATIVE $30,000.
- T-O-X data only include districts with more than 10 resale transactions with X-Value.