1. RCR and OCR prices decrease by 0.5% and 0.8% while CCR prices increase by 1.4% in April 2020. According to the SRX Price Index for Non-Landed Private Residential Resale:
- Month-on-month, overall prices decrease by 0.2% over March 2020.
- Year-on-year, overall prices decrease by 0.7% over April 2019.
- In terms of regions, year-on-year, RCR and OCR prices decrease by 0.1% and 1.6%, respectively, while CCR prices increase by 0.4%.
- Volumes are 62.2% lower than in April 2019, and 66.8% lower than the 5-year average volumes for the month of April.
- Breaking down by regions, in April 2020, 58.1% of the volumes are from OCR, 23.2% from RCR and 18.8% from CCR.
- In RCR, the highest transacted price is a unit at The Waterside resold for $3.8 million.
- In OCR, the highest transacted price is a unit at Hillion Residences resold for $2.7 million.
- District 26 (Mandai / Upper Thomson) posted the highest median T-O-X at POSITIVE $52,500, followed by District 1 (Boat Quay / Raffles Place / Marina) at POSITIVE $5,000.
- District 10 (Tanglin / Holland / Bukit Timah) posted the lowest median T-O-X at NEGATIVE $50,000, followed by District 20 (Ang Mo Kio / Bishan / Thomson) at NEGATIVE $35,000.
- T-O-X data only include districts with more than 10 resale transactions with X-Value.