Condo resale prices rise 1.2% MoM in July

This marks the 24th straight month of price increase for the market.

Condo resale prices rose for the 24th straight month in July, rising 1.2% MoM, data from 99.co and SRX showed.

On a year-on-year comparison, prices rose by 9.8%.

Across markets, the highest price increase was recorded in the Outside Central Region (1.5% MoM), followed by the Core Central Region (0.9% MoM), and the Rest of the Central Region (0.8% MoM).

For July, the highest transacted price for a resale unit was $22,289,400 at Le Nouvel Ardmore in the CCR.

For other markets, the highest resale price achieved was $ 5,500,000 for a unit at the Echelon (RCR) and $3,400,000 for a unit at Double Bay Residences (OCR).

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