Condo Resale Price Rises 0.5% in August 2021; Volumes Up by 4.9%

14 Sep 2021
Property Data
  1. CCR and OCR prices increase by 0.3% and 0.9% respectively while RCR price decreases by 0.2% in August 2021.

       According to the SRX Price Index for Condo Resale:
Condo Resale Price Index Aug 2021
Condo Resale Price Index By Region Aug 2021

  • Month-on-month, overall prices increase by 0.5% over July 2021.
  • Year-on-year, overall prices increase by 7.9% over August 2020.
  • Year-on-year, all regions experience price increases: CCR by 8.2%, RCR by 7.6% and OCR by 7.9%.


  1. An estimated 1,860 units are resold in August 2021, a 4.9% increase from the 1,773 units resold in July 2021.
Condo Resale Volume Aug 2021
  • Volumes are 40.5% higher than in August 2020, and 79.5% higher than the 5-year average volumes for the month of August.
  • Breaking down by regions, in August 2021, 60.4% of the volumes are from OCR, 23.0% from RCR and 16.5% from CCR.


  1. The highest transacted price for a resale unit in the month is achieved at $21.4 million at Eden Residences Capitol.
  • In RCR, the highest transacted price is a unit at Reflections at Keppel Bay resold for $8.2 million.
  • In OCR, the highest transacted price is a unit at A Treasure Trove resold for $3.7 million.


  1. Overall median capital gain is $193,000 in August 2021. This represents an increase of $12,830 from July 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.
Median Capital Gain Loss Aug 2021
Median Capital Gain Loss By District Aug 2021
  • District 20 (Ang Mo Kio / Bishan / Thomson) posts the highest median capital gain at $375,912, followed by District 11 (Newton / Novena) at $369,100.
  • District 2 (Chinatown / Tanjong Pagar) posts the lowest median capital gain at $55,000, followed by District 12 (Balestier / Toa Payoh) at $89,280.
  • Capital gain data only include districts with more than 10 matching transactions.
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