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In February 2025, condo resale prices in CCR increased by 0.3%, while RCR and OCR decreased by 0.5% and 0.4%, respectively.
According to the SRX Price Index for Condo Resale:
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Month-on-month, overall prices decreased by 0.4%.
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Year-on-year, overall prices increased by 5.8% compared to February 2024.
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Year-on-year, CCR, RCR, and OCR experienced price increases of 4.3%, 5.5%, and 5.7%, respectively.
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An estimated 1,024 units were resold in February 2025, an increase of 16.1% from the 882 units resold in January 2025.
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Resale volumes were 31.8% higher than in February 2024 and 29.6% higher than the 5-year average for February.
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Breaking it down by region, in February 2025, 48.2% of the volumes were from OCR, 33.3% from RCR, and 18.5% from CCR.
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The percentage of sub-sale transactions to the total secondary sale transactions (i.e., Resale + Sub-Sale) was 7.3% in February 2025, which decreased from January 2025.
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Sub-sale transactions refer to secondary sale transactions occurring before the project is completed.
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The highest transacted price for a resale unit in February was S$15,000,000 at Yong An Park.
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In RCR, the highest transacted price was S$5,468,888 for a resale unit at The Interlace.
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In OCR, the highest transaction was a unit at Mandarin Gardens, which resold for S$4,880,000.
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The overall median capital gain for resale condos was S$377,000 in February 2025, a decrease of S$30,000 from January 2025.
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District 10 (Tanglin / Holland / Bukit Timah) posted the highest median capital gain at S$790,000. District 1 (Boat Quay / Raffles Place / Marina) posted the lowest median capital gain at S$35,000.
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The overall median unlevered return for resale condos was 30.6% in February 2025.
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District 22 (Boon Lay / Jurong / Tuas) posted the highest median unlevered return at 46.1%. District 1 (Boat Quay / Raffles Place / Marina) posted the lowest median unlevered return at 2.6%.
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The condo resale unit's capital gain and return are calculated by comparing the current transacted price with the previous transacted price of the same unit. Districts with less than 10 matching transactions are excluded from the ranking.
