Condo resale prices up 5.8% in Feb 2024

A $15m unit in Yong An Park was the month’s most expensive condo resold.

Condo resale prices rose 5.8% year-on-year (YoY) in February 2025, and is 0.4% higher compared to the previous month, according to data from SRX and 99.co.

All regions recorded higher resale prices. The OCR region saw the highest price increase with a 5.7% YoY rise, followed by RCR with a 5.5% YoY increase, and CCR with a 4.3% rise in resale prices.

An estimated 1,024 units were resold in February, 16.1% higher than the 882 units resold in January and 31.8% higher than in February 2024.

Resale volumes saw a strong uptick in February 2025, likely due to buyers turning to the resale market as a more affordable alternative to new private homes, said Luqman Hakim, chief data and analytics officer at 99.co.

“The immediate move-in conditions of resale units also make them an attractive option, especially for those who prefer not to wait 3 to 4 years for a newly launched project to be completed,” Hakim said.

By region, 48.2% of the volumes were in the OCR, 33.3% in the RCR, and 18.5% from CCR.

The percentage of sub-sale transactions to the total secondary sale transactions ( Resale + Sub-Sale) was 7.3% in February, lower than in January.

A $15m unit in Yong An Park is the most expensive resale unit sold in February.

In RCR, an almost $5.74m resale unit at The Interlace recorded the highest transacted price; and for OCR, it’s a unit at the Mandarin Gardens, which resold for S$4.88m.

Follow the link s for more news on

99.co

SRX

private condo resale volume

singapore condo resale prices

singapore condo resale volume

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia