THE resale volume of non-landed private homes in Singapore nearly doubled in July with about 978 units resold compared with the 496 units resold in June 2020, according to flash figures from real estate portal SRX Property on Tuesday.
Volumes were 10 per cent higher from a year ago and 9.3 per cent higher than the five-year average volumes for the month of July. By region, 53.6 per cent of the volumes came from sales in the outside of central region , 27.8 per cent came from the rest of central region or city fringes, while 18.6 per cent of sales was from the core central region .
Overall prices rose 0.1 per cent month on month, with prices in the CCR dropping 1.7 per cent, the RCR falling 1.4 per cent and the OCR rising 1.6 per cent in July. Year on year, overall prices dipped 0.1 per cent. Prices in the CCR fell 2.6 per cent, the RCR lost 1.2 per cent while OCR prices increased 1.5 per cent.
Skyline @ Orchard Boulevard once again took the top spot for highest transacted price, with a unit resold for S$14.99 million. In the RCR, the highest transacted price was S$5.85 million for a unit at Reflections at Keppel Bay. As for the OCR, the highest transacted price was for a unit at Ocean Park resold for S$2.8 million.
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