Condo Resale Price Rise for 21st Straight Month, Increasing by 0.7% in April 2022; Volumes Decrease by 2.2%

10 May 2022
Property Data
  1. CCR prices increase by 1.1% while RCR and OCR prices both increase by 0.6% in April 2022.
Condo Resale Price Index April 2022
Condo Resale Price Index By Region April 2022
       According to the SRX Price Index for Condo Resale:
  • Month-on-month, overall prices increase by 0.7% over March 2022.
  • Year-on-year, overall prices increase by 9.0% over April 2021.
  • Year-on-year, all regions experience price increases: CCR by 7.4%, RCR by 6.7% and OCR by 10.8%.


  1. An estimated 1,368 units are resold in April 2022, a 2.2% decrease from the 1399 units resold in March 2022.
Condo Resale Volume April 2022
  • Volumes are 31.3% lower than in April 2021, and 17.8% higher than the 5-year average volumes for the month of April.
  • Breaking it down by region, in April 2022, 56.3% of the volumes are from OCR, 27.8% from RCR and 15.9% from CCR.
  1. The highest transacted price for a resale unit in the month is achieved at $10.25 million at The Orchard Residences.
  •  In RCR, the highest transacted price is a unit at Silversea resold for $9.5 million.
  • In OCR, the highest transacted price is a unit at The Parc Condominium resold for $3.3 million.


  1. Overall median capital gain is $250,000 in April 2022. This represents an increase of $12,000 from March 2022. 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 April 2022
Condo Resale Median Capital Gain Loss by District April 2022
  • District 11 (Newton / Novena) posts the highest median capital gain at $513,000, followed by District 21 (Clementi Park / Upper Bukit Timah) at $436,600.
  • District 4 (Sentosa / Harbourfront) is the only district with a median capital loss at $9,900.
  • Capital gain data only include districts with more than 10 matching transactions.
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