Condo resale volumes in Singapore surged by 20.9% in April 2026, according to the latest report from 99.co and SRX. This rebound follows a modest 3.4% increase in March, indicating renewed buyer interest after a period of hesitation earlier in the year. Despite the rise in transactions, overall resale prices dipped by 0.4% month-on-month, although they remain 2.7% higher than in April 2025.
The report highlights that the increase in resale activity may be linked to strong sales in the new launch segment, with developments like Tengah Garden Residences and Vela Bay achieving significant sales at high price points. Buyers appear to be turning to the resale market for better value and larger unit sizes, particularly in the Outside Central Region (OCR), where the price gap between new launches and resale condos has widened.
In April, the Core Central Region (CCR) and OCR saw price decreases of 2.6% and 0.1%, respectively, whilst the Rest of Central Region (RCR) experienced a 0.9% increase. The highest resale transaction was a unit at Sage, fetching S$12.8m.
The median capital gain for resale condos rose to S$408,000, with District 10 recording the highest gains. Meanwhile, the median unlevered return stood at 29.2%, with District 20 leading at 52.8%. These figures suggest a healthy market, with sellers adjusting to current conditions, facilitating more transactions.
