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Singapore condo resale prices continue to climb in December: SRX

#Singapore condo resale prices continue to climb in December: SRX

12/1/2021 6:45:00 AM

Singapore condo resale prices continue to climb in December: SRX

RESALE prices of non-landed private homes in Singapore rose for the fifth straight month in December, flash figures from real estate portal SRX Property showed on Tuesday. Read more at The Business Times.

Tell us what you think. Email us atbtuserfeedback@sph.com.sgBy region, 60.9 per cent of resale volumes came from the OCR, 22.9 per cent from the RCR, and 16.3 per cent from the CCR.December's resale volume brings the total number of resale transactions in 2020 to 10,712, which is 18.1 per cent more than the whole of 2019.

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In December 2020, a unit at Skyline @ Orchard Boulevard fetched the highest transacted price at S$12.2 million. In the RCR, a unit at Pebble Bay resold for S$4.3 million fetched the highest transacted price, while a unit at A Treasure Trove resold for S$3.2 million fetched the highest transacted price in the OCR.

SRX said the overall transaction over X-value (TOX) for December 2020 was S$15,000, up S$4,000 from November 2020.District 4 (Sentosa and Harbourfront) posted the highest median TOX at positive S$50,000, while District 1 (Boat Quay, Raffles Place, Marina) posted the lowest median TOX at negative S$19,000. headtopics.com

TOX measures how much a buyer is overpaying (positive value) or underpaying (negative value) for a property based on SRX's computer-generated market value. The data includes only districts with more than 10 resale transactions.BT is now on Telegram!

Read more: The Business Times »

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10,712 condo resale transactions in Singapore for 2020: SRXRESALE prices of non-landed private homes in Singapore rose for the fifth straight month in December, flash figures from real estate portal SRX Property showed on Tuesday. Read more at The Business Times.