- CCR and OCR prices increase by 0.3% and 0.9% respectively while RCR price decreases by 0.2% in August 2021.
According to the SRX Price Index for Condo Resale:
- Month-on-month, overall prices increase by 0.5% over July 2021.
- Year-on-year, overall prices increase by 7.9% over August 2020.
- Year-on-year, all regions experience price increases: CCR by 8.2%, RCR by 7.6% and OCR by 7.9%.
- An estimated 1,860 units are resold in August 2021, a 4.9% increase from the 1,773 units resold in July 2021.
- Volumes are 40.5% higher than in August 2020, and 79.5% higher than the 5-year average volumes for the month of August.
- Breaking down by regions, in August 2021, 60.4% of the volumes are from OCR, 23.0% from RCR and 16.5% from CCR.
- The highest transacted price for a resale unit in the month is achieved at $21.4 million at Eden Residences Capitol.
- In RCR, the highest transacted price is a unit at Reflections at Keppel Bay resold for $8.2 million.
- In OCR, the highest transacted price is a unit at A Treasure Trove resold for $3.7 million.
- Overall median capital gain is $193,000 in August 2021. This represents an increase of $12,830 from July 2021. The capital gain or loss of a condo resale unit is calculated by comparing the current transacted price with the previous transacted price of the same unit.
- District 20 (Ang Mo Kio / Bishan / Thomson) posts the highest median capital gain at $375,912, followed by District 11 (Newton / Novena) at $369,100.
- District 2 (Chinatown / Tanjong Pagar) posts the lowest median capital gain at $55,000, followed by District 12 (Balestier / Toa Payoh) at $89,280.
- Capital gain data only include districts with more than 10 matching transactions.