Condo Resale Price Growth Slows to 0.1% in June 2021; Volumes Down by 12.6%

13 Jul 2021
Property Data
  1. CCR and OCR prices increase by 1.7% and 0.1% respectively while RCR prices decrease by 1.2% in June 2021.
          According to the SRX Price Index for Condo Resale:
Condo Resale Price Jun 2021
Condo Resale Price Index By Regions Jun 2021

  • Month-on-month, overall prices increase by 0.1% over May 2021.
  • Year-on-year, overall prices increase by 6.8% over June 2020.
  • Year-on-year, all regions experience price increases: CCR by 6.2%, RCR by 6.5% and OCR by 7.1%.
 
  1. An estimated 1,510 units are resold in June 2021, a 12.6% decrease from the 1,727 units resold in May 2021.
Condo Resale Volume Jun 2021
  • Volumes are 198.4% higher than in June 2020, and 83.9% higher than the 5-year average volumes for the month of June.
  • Breaking down by regions, in June 2021, 58.4% of the volumes are from OCR, 23.7% from RCR and 17.9% from CCR.
 
  1. The highest transacted price for a resale unit in the month is achieved at $19.8 million at Sculptura Ardmore.
 
  • In RCR, the highest transacted price is a unit at Regency Suites resold for $5.7 million.
  • In OCR, the highest transacted price is a unit at Clementiwoods Condominium resold for $2.8 million.
 
  1. Overall median capital gain is $170,000 in June 2021. This represents a decrease of $20,800 from May 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.

Condo Resale Median Capital Gain Loss Jun 2021

Condo Resale Median Capital Gain Loss By Districts Jun 2021
  • District 21 (Clementi / Upper Bukit Timah) posts the highest median capital gain at $535,000, followed by District 10 (Tanglin / Holland / Bukit Timah) at $351,468.
  • District 4 (Sentosa / Harbourfront) posts the lowest median capital gain at $66,770, followed by District 16 (Bedok / Upper East Coast) at $110,000.
  • Capital gain data only include districts with more than 10 matching transactions.
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