Condo resale prices increase by 7.5% YoY in October

Across submarkets, OCR posted the highest year-on-year price increase.

Condo resale prices picked up in October, rising 0.4% MoM and 7.5% YoY, data from 99.co and SRX showed.

Across submarkets, the Outside Central Region (OCR) posted the highest year-on-year increase in prices at 10.4% YoY, followed by Rest of Central Region (RCR) (8.0%) and Core Central Region (CCR) (2.3% YoY).

The highest transacted price for a resale unit in October was $22m at Bishopsgate Residences in CCR.

Meanwhile, the highest transacted price in the RCR is a unit at Amber Skye resold for $7.4m.

In the OCR, the highest transacted price was $5.27m for a unit at Ocean Park.

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