{"id":71912,"date":"2024-01-02T17:08:07","date_gmt":"2024-01-02T09:08:07","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=71912"},"modified":"2024-01-02T17:08:07","modified_gmt":"2024-01-02T09:08:07","slug":"november-2023-condo-resale-market","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/november-2023-condo-resale-market\/","title":{"rendered":"November 2023 condo resale market analysis"},"content":{"rendered":"
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The condominium resale market in Singapore witnessed a continued upward trajectory in November 2023, marking the fourth consecutive month of price increases. In this article, we table the findings of our Data Team’s report that offer insights into resale prices, volumes, and trends that shaped the market during this period.<\/p>\n

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Resale price trends<\/h2>\n

November 2023 saw a persistent rise in the resale prices of condominiums. Notable, the Core Central Region (CCR)<\/a> experienced a significant increase of 3.1%, while the Outside Central Region (OCR)<\/a> also recorded a rise of 0.9%. In contrast, the Rest of Central Region (RCR)<\/a> saw a decrease in prices by 1.3%. On a month-on-month basis, the overall prices increased by 0.4% compared to October 2023, and remarkably, there was a 7.4% year-on-year increase from November 2022.<\/p>\n

We can look at the price trends in the graph below:<\/p>\n

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