1. CCR, RCR and OCR prices increase by 0.4%, 1.9% and 1.1% in January 2021.
According to the SRX Price Index for Condo Resale:
- Month-on-month, overall prices increase by 1.2% over December 2020.
- Year-on-year, overall prices increase by 2.2% over January 2020.
- Year-on-year, RCR and OCR prices increase by 1.7% and 3.3% respectively while CCR price decreases by 0.4%.
- Volumes are 128.3% higher than in January 2020, and 136.5% higher than the 5-year average volumes for the month of January.
- Breaking down by regions, in January 2021, 58.2% of the volumes are from OCR, 25.7% from RCR and 16.0% from CCR.
3. The highest transacted price for a resale unit in the month is achieved at $17.7 million at Le Nouvel Ardmore.
- In RCR, the highest transacted price is a unit at The Interlace resold for $5.9 million.
- In OCR, the highest transacted price is a unit at Waterview resold for $3.3 million.
- District 21 (Clementi Park / Upper Bukit Timah) posted the highest median T-O-X at POSITIVE $38,000, followed by District 10 (Tanglin / Holland / Bukit Timah) at POSITIVE $35,000 T-O-X.
- District 17 (Changi Airport / Changi Village) posted the lowest median T-O-X at NEGATIVE $8,000, followed by District 25 (Admiralty / Woodlands) at NEGATIVE $3,000 T-O-X.
- T-O-X data only include districts with more than 10 resale transactions with X-Value.