SINGAPORE: Condo resale prices rose 1% month-on-month (MoM) and 5.3% year-on-year (YoY) in October 2025, even as fewer units were sold, Singapore Business Review reported, citing a report from 99-SRX.
Property portal 99.co suggested that rising prices and moderating activity meant a market supported by strong demand but becoming more selective.
All regions recorded higher resale prices. Resale prices in the Core Central Region (CCR) rose 0.8%, the Rest of Central Region (RCR) climbed 2.3%, and the Outside Central Region (OCR) edged up 0.2%. Compared with a year earlier, prices in these three regions were up 3.6%, 6.2% and 5%, respectively.
Around 1,069 transactions were recorded in October, down 4.5% from the previous month and 4.7% lower than a year earlier, as well as 1.6% under the five-year average. Most deals were in the OCR at 47.7%, followed by the RCR at 29.4% and the CCR at 22.8%. Sub-sale activity picked up, rising to 6.4% from 5.1% in September.
The S$14.5 million unit at Nassim Lodge in the CCR was the month’s highest resale deal. Meanwhile, the highest October deals in the RCR and OCR were a S$5.15 million unit at Aalto and a S$3.58 million unit at Citylife@Tampines, respectively.
The overall median capital gain climbed to S$401,000, up S$42,000 from September. District 10, covering Tanglin, Holland, and Bukit Timah, saw the highest median capital gain of S$754,000, while District 1, including Boat Quay, Raffles Place, and Marina, recorded a median loss of S$54,000. /TISG
Read also: CBD office rents hit five-year high; premium office rents to keep rising through 2027: Savills
Featured image by Depositphotos (for illustration purposes only)
