Condo resale prices dip 0.4% in April as transactions rise 20.9%
CCR and OCR prices fell whilst RCR gained, with 1,125 units resold.
Condo resale prices fell 0.4% month on month (MoM) in April 2026 even as transaction volumes rose 20.9%, according to the SRX Price Index for Condo Resale.
Prices declined in the Core Central Region (CCR) by 2.6% and in the Outside Central Region (OCR) by 0.1%, whilst the Rest of Central Region (RCR) rose 0.9%.
On a year-on-year (YoY) basis, overall resale prices increased 2.7% compared to April 2025, with gains of 0.3% in CCR, 3.7% in RCR, and 3.5% in OCR.
Resale activity rose to an estimated 1,125 units in April from 931 in March, with volumes 6.8% lower than a year earlier and 9.5% below the five-year April average.
OCR accounted for 48.5% of transactions, followed by RCR at 32.2% and CCR at 19.4%.
Transactions completed before project completion or sub-sales made up 4.3% of secondary transactions, down from March.
Median capital gain for resale condos stood at $408,000 in April, up $8,000 from March.
District 10, comprising Tanglin, Holland and Bukit Timah, recorded the highest median gain at $806,000, whilst District 1, comprising Boat Quay, Raffles Place and Marina, posted a median loss of $110,000.
Median unlevered return was 29.2%. District 20, comprising Ang Mo Kio, Bishan and Thomson, recorded the highest return at 52.8%, whilst District 1 recorded a decline of 6.4%.
The highest resale price in April was $12.8m at Sage. In RCR, the top transaction was $6.8m at The Sovereign, whilst OCR recorded a high of $4.35m at Ocean Park.