by OrangeTee & Tie Pte Ltd.

S’pore condo resale volume hits 10-year high in March, prices rise for 8th straight month

SRX Private Residential Data

SRX Private Residential Data

Singapore, 13 Apr 2021

The private resale housing market showed no sign of slowing down with the number of condominium units resold in March hitting the highest since May 2011, as prices rose for the eighth consecutive month.

Buyers were out in force last month as sales rebounded by 28.9 per cent to an estimated 1,662 units from 1,289 units in February with its Chinese New Year lull, according to flash data from real estate portal SRX released on Tuesday (April 13).

This makes March the ninth straight month to see more than 1,000 private resale units change hands.

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