Condo Resale Prices Increase While Transaction Volumes Continue to Decline in January 2026

1. In January 2026, condo resale prices in RCR and OCR decreased by 0.2% and 1.6%, respectively, while those in CCR increased by 4%.

           According to the SRX Price Index for Condo Resale:

• Month-on-month, overall prices increased by 0.5%.

• Year-on-year, overall prices increased by 2.8% compared to January 2025.

• Year-on-year, CCR, RCR, and OCR experienced price increases of 1.9%, 2.7%, and 2.7%, respectively.

2. An estimated 853 units were resold in January 2026, a decrease of 3.5% from the 883 units resold in December 2025.

• Resale volumes were 6.7% lower than in January 2025 and 0.4% lower compared to the 5-year average for January.

• Breaking it down by region, in January 2026, 51.4% of the transactions were from OCR, 30.7% from RCR, and 17.9% from CCR.

• The percentage of sub-sale transactions out of the total secondary sale transactions (i.e., Resale + Sub-Sale) was 5.5% in January 2026, a decrease from December 2025.

• Sub-sale transactions refer to secondary sale transactions occurring before the project is completed.

3. The highest transacted price for a resale unit in January was S$37,000,000 for a unit at The Marq On Paterson Hill.

• In RCR, the highest transacted price was S$6,200,000 for a resale unit at Maple Woods.

• In OCR, the highest transaction was for a unit at Bedok Residences, resold at S$4,500,000.

4. The overall median capital gain for resale condos was S$380,000 in January 2026, an increase of S$20,000 from December 2025.

• District 21 (Clementi Park / Upper Bukit Timah) posted the highest median capital gain at S$924,000. District 8 (Farrer Park / Serangoon Rd) posted the lowest median capital gain at S$170,000.

5. The overall median unlevered return for resale condos was 29.4% in January 2026.

• District 21 (Clementi Park / Upper Bukit Timah) posted the highest median unlevered return at 51.2%. District 4 (Sentosa / Harbourfront) posted the lowest median unlevered return at 10.1%.

• Capital gains and returns are calculated by comparing each current transacted price with the previous transacted price of the same unit. Districts with fewer than 10 matching transactions are excluded from the ranking.