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CCR, RCR and OCR prices increase by 0.4%, 0.6% and 0.9% respectively in October 2021.
According to the SRX Price Index for Condo Resale:
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Month-on-month, overall prices increase by 0.7% over September 2021.
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Year-on-year, overall prices increase by 9.0% over October 2020.
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Year-on-year, all regions experience price increases: CCR by 8.6%, RCR by 8.3% and OCR by 9.4%.
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An estimated 1,578 units are resold in October 2021, a 6.3% decrease from the 1,684 units resold in September 2021.
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Volumes are 9.0% higher than in October 2020, and 52.3% higher than the 5-year average volumes for the month of October.
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Breaking down by regions, in October 2021, 60.1% of the volumes are from OCR, 21.7% from RCR and 18.3% from CCR.
- The highest transacted price for a resale unit in the month is achieved at $19.7 million at Seven Palms Sentosa Cove.
- In RCR, the highest transacted price is a unit at Reflections at Keppel Bay resold for $6.4 million.
- In OCR, the highest transacted price is a unit at Breeze By The East resold for $3.45 million.
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Overall median capital gain is $220,960 in October 2021. This represents a decrease of $12,540 from September 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 21 (Clementi Park / Upper Bukit Timah) posts the highest median capital gain at $590,000, followed by District 10 (Tanglin / Holland) at $470,000.
- District 4 (Harbourfront / Telok Blangah) is the only district that posts a median capital loss, at $63,280.
- Capital gain data only include districts with more than 10 matching transactions.