Condo resale prices in Singapore experienced a notable rise in August 2025, with the Core Central Region (CCR), Rest of Central Region (RCR), and Outside Central Region (OCR) seeing increases of 3.7%, 0.4%, and 0.4%, respectively. The SRX Price Index for Condo Resale indicated a month-on-month overall price increase of 0.3%, and a year-on-year rise of 5.4% compared to August 2024.
The market saw an estimated 1,088 units resold in August, marking a 5% increase from July 2025. However, resale volumes were 3.7% lower than in August 2024, remaining stable compared to the five-year average for the month. The OCR accounted for 49.2% of transactions, RCR for 32.6%, and CCR for 18.2%.
Luqman Hakim, Chief Data & Analytics Officer at 99.co, noted that the market’s usual slowdown during August due to school holidays and the Hungry Ghost month might shift as new launches, such as The SEN and Zyon Grand, are anticipated in the coming months. “Buyers may be keeping an eye on the new launch market,” he commented.
The highest resale price in August was S$15.8m ($11.5m) for a unit in Geylang. The overall median capital gain for resale condos was S$390,000 ($285,000), with District 22 posting the highest median capital gain at S$663,000 ($485,000).
As the market anticipates new launches, the resale sector may experience fluctuations depending on how these projects are priced and received.
