Condo resale prices and transaction volumes in Singapore experienced a notable rebound in February 2026, according to the latest 99-SRX Media Flash Report. Prices increased by 1.4% month-on-month, with the Rest of Central Region (RCR) leading the gains at 2.8%. This recovery follows a seasonal slowdown in January, indicating a return of demand as the year progresses.
The report highlights a 17.5% rise in transaction volumes from January, with 954 units resold in February. Although volumes remain 6.2% below the same month last year, they are 6.7% above the five-year average for February, suggesting a healthy market recovery. Luqman Hakim, Chief Data & Analytics Officer at 99.co, noted that the increase likely reflects pent-up demand rather than a surge in new interest.
In terms of regional performance, the Core Central Region (CCR) and Outside Central Region (OCR) saw price increases of 0.5% and 1.5%, respectively. Year-on-year, prices rose by 4.3%, with the RCR experiencing the highest annual growth at 6.4%.
The highest resale transaction in February was a unit at Leedon Residence, sold for S$16.3m. The overall median capital gain for resale condos was S$422,000, up by S$47,000 from January, with District 20 posting the highest median gain.
The data suggests a market regaining momentum, with buyers showing renewed intent and sellers maintaining firm pricing. As the year progresses, the market is expected to continue stabilising, supported by underlying demand for condo properties.
