Condo resale prices in Singapore reached new all-time highs in October 2025, according to the latest 99-SRX Media Flash Report. However, the overall transaction volume saw a slight dip, attributed to the recent Build-To-Order (BTO) launch that diverted some buyers towards public housing. The report highlights that whilst prices increased, the number of units resold decreased by 4.5% from September, totalling 1,069 units.
The report, attributed to Luqman Hakim, Chief Data & Analytics Officer at 99.co, noted that the price growth was driven by Housing Development Board (HDB) upgraders entering the market with substantial proceeds from recently Minimum Occupation Period (MOP)-ed flats. This trend was particularly evident in the Rest of Central Region (RCR) and Outside Central Region (OCR), where the supply of move-in-ready units remains tight.
Key figures from the report include a month-on-month price increase of 1% and a year-on-year rise of 5.3% compared to October 2024. The highest transacted price for a resale unit was S$14,500,000 at Nassim Lodge, with significant transactions also noted at Aalto and Citylife@Tampines.
Despite the dip in volume, high-value transactions in prime projects lifted the overall price index, indicating that buyers at the upper tiers remain active. The overall median capital gain for resale condos rose to S$401,000, with District 10 posting the highest gains. The report underscores a resilient pricing environment, even as activity moderates.
