{"id":78762,"date":"2024-09-25T17:01:24","date_gmt":"2024-09-25T09:01:24","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=78762"},"modified":"2024-10-01T16:07:05","modified_gmt":"2024-10-01T08:07:05","slug":"condo-resale-market-august-2024","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/condo-resale-market-august-2024\/","title":{"rendered":"Condo resale prices remained stable in August 2024, while the volume declined by 1.7% across all regions"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div>\n<p>In August 2024, condo resale prices remained relatively stable, with only a slight dip of 0.1 index points <a href=\"https:\/\/www.99.co\/singapore\/insider\/condo-resale-market-july-2024\/\" target=\"_blank\" rel=\"noreferrer noopener\">compared to July<\/a>. Regarding the percentage difference, it shows a 0.0% change due to rounding. Historically, August tends to see a slight uptick in resale transactions compared to July. However, this year, the volume of resale transactions decreased, marking the first time this trend has reversed since 2020.<\/p>\n\n\n\n<p>This article delves into the key trends and statistics that shaped the condo resale market in August 2024, offering valuable insights into the performance of different regions and the overall market landscape.<\/p>\n\n\n\n<div class=\"wp-block-yoast-seo-table-of-contents yoast-table-of-contents\"><h2>Table of contents<\/h2><ul><li><a href=\"#h-condo-resale-price-index-in-august-2024\" data-level=\"2\">Condo resale price index in August 2024<\/a><\/li><li><a href=\"#h-resale-condo-transaction-volume-a-slight-decrease-of-1-7-from-july\" data-level=\"2\">Resale condo transaction volume: A slight decrease of 1.7% from July<\/a><\/li><li><a href=\"#h-august-2024-s-highest-resale-condo-price-s-12-080-000-at-nassim-mansion\" data-level=\"2\">August 2024&#8217;s highest resale condo price: S$12,080,000 at Nassim Mansion<\/a><\/li><li><a href=\"#h-the-overall-median-capital-gain-for-resale-condos-was-s-357-000-a-decrease-from-july\" data-level=\"2\">The overall median capital gain for resale condos was S$357,000, a decrease from July<\/a><\/li><li><a href=\"#h-the-overall-median-unlevered-return-for-resale-condos-was-30-7\" data-level=\"2\">The overall median unlevered return for resale condos was 30.7%<\/a><\/li><li><a href=\"#h-main-takeaway-of-condo-resale-market-in-august-2024\" data-level=\"2\">Main takeaway of condo resale market in August 2024<\/a><\/li><\/ul><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-condo-resale-price-index-in-august-2024\">Condo resale price index in August 2024<\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"942\" height=\"687\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/09\/condo-resale-price-index-aug-24.png\" alt=\"\" class=\"wp-image-78763\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/09\/condo-resale-price-index-aug-24.png 942w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/09\/condo-resale-price-index-aug-24-150x109.png 150w\" sizes=\"(max-width: 942px) 100vw, 942px\" \/><\/figure>\n\n\n\n<p>According to the <a href=\"https:\/\/www.srx.com.sg\/price-index?_gl=1*vx2jrx*_gcl_au*MTkwODQyMTAxNS4xNzIwNDI3ODU2*_ga*ODczODg5ODUzLjE2ODExMjA1MzE.*_ga_GG21BH9GS5*MTcyNzIzNzQ3NC43MTcuMC4xNzI3MjM3NDc0LjYwLjAuMA..&amp;_ga=2.169225249.1062725621.1727151666-873889853.1681120531\" target=\"_blank\" rel=\"noreferrer noopener\">SRX Price Index for Condo Resale<\/a>, the overall condo resale prices shifted slightly from 258.8 in July to 258.7 in August 2024, with regional performances as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>CCR (<a href=\"https:\/\/www.99.co\/singapore\/insider\/property-jargon-of-the-day-core-central-region-ccr\/\" target=\"_blank\" rel=\"noreferrer noopener\">Core Central Region<\/a>): Prices dropped by 0.6%.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>RCR (<a href=\"https:\/\/www.99.co\/singapore\/insider\/property-jargon-of-the-day-rest-of-central-region-rcr\/\" target=\"_blank\" rel=\"noreferrer noopener\">Rest of Central Region<\/a>): Prices increased by 0.9%.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>OCR (<a href=\"https:\/\/www.99.co\/singapore\/insider\/singapores-districts-ccr-rcr-ocr\/\" target=\"_blank\" rel=\"noreferrer noopener\">Outside Central Region<\/a>): Prices remained flat at 0.0%, though they experienced a slight dip before rounding.<\/li>\n<\/ul>\n\n\n\n<p>Despite the monthly stability, the overall year-on-year prices increased by 4.6% compared to August 2023. Breaking it down by regions, CCR, RCR, and OCR experienced price increases of 1.7%, 7.2%, and 4.2%, respectively.<\/p>\r\n<p>\n\n\n\n<\/p>\r\n<p style=\"border: 0.8px solid #808080; font-size: 17px; padding: 15px; text-align: left;\"><strong><em>Additional reading: <a href=\"https:\/\/www.99.co\/singapore\/insider\/condo-resale-market-july-2024\/\" target=\"_blank\" rel=\"noopener\">July 2024 condo resale market: CCR prices up by 2.8%; volumes in all regions surged by 32.2%<\/a><\/em><\/strong><\/p>\r\n<p>\n\n\n\n<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-resale-condo-transaction-volume-a-slight-decrease-of-1-7-from-july\">Resale condo transaction volume: A slight decrease of 1.7% from July<\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"943\" height=\"561\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/09\/condo-resale-vol-aug-24.png\" alt=\"\" class=\"wp-image-78764\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/09\/condo-resale-vol-aug-24.png 943w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/09\/condo-resale-vol-aug-24-150x89.png 150w\" sizes=\"(max-width: 943px) 100vw, 943px\" \/><\/figure>\n\n\n\n<p>An estimated 1,080 resale units were transacted in August 2024, reflecting a 1.7% decrease from July\u2019s 1,099 units. Despite the month-on-month drop, volumes were 16.8% higher than in August 2023 and 5.2% above the 5-year average for August. Regionally, condo resale transactions in August 2024 were distributed as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>OCR: 52.2%<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>RCR: 29.2%<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>CCR: 18.5%<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"927\" height=\"679\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/09\/subsale-condo-aug-24.png\" alt=\"\" class=\"wp-image-78765\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/09\/subsale-condo-aug-24.png 927w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/09\/subsale-condo-aug-24-150x110.png 150w\" sizes=\"(max-width: 927px) 100vw, 927px\" \/><\/figure>\n\n\n\n<p>The percentage of sub-sale transactions, which are secondary sales that occur before a project is completed, comprised 7.6% of the overall secondary sales (resale and sub-sale) transactions in August. It reflected a 0.7% decrease from July 2024.<\/p>\r\n<p>\n\n\n\n<\/p>\r\n<p style=\"border: 0.8px solid #808080; font-size: 17px; padding: 15px; text-align: left;\"><strong><em>Additional reading: <a href=\"https:\/\/www.99.co\/singapore\/insider\/condo-hdb-rental-market-august-2024\/\" target=\"_blank\" rel=\"noopener\">August 2024: Rental volume drops on both Condo and HDB; 12.3% decrease amid a year-on-year decline for HDB<\/a><\/em><\/strong><\/p>\r\n<p>\n\n\n\n<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-august-2024-s-highest-resale-condo-price-s-12-080-000-at-nassim-mansion\">August 2024&#8217;s highest resale condo price: S$12,080,000 at Nassim Mansion<\/h2>\n\n\n\n<p>One of the notable transactions in Singapore\u2019s condominium market involved the resale of a unit at <a href=\"https:\/\/www.99.co\/singapore\/condos-apartments\/nassim-mansion\" target=\"_blank\" rel=\"noreferrer noopener\">Nassim Mansion<\/a> in the coveted CCR area, fetching an impressive S$12,080,000, the highest recorded resale price in August 2024.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img decoding=\"async\" width=\"855\" height=\"576\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/09\/nassim-mansion.jpg\" alt=\"\" class=\"wp-image-78772\" style=\"width:768px;height:auto\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/09\/nassim-mansion.jpg 855w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/09\/nassim-mansion-150x101.jpg 150w\" sizes=\"(max-width: 855px) 100vw, 855px\" \/><figcaption class=\"wp-element-caption\">Nassim Mansion. Image source: Google Map<\/figcaption><\/figure>\n\n\n\n<p>Completed in 1977, Nassim Mansion is a freehold condominium located in <a href=\"https:\/\/www.99.co\/singapore\/neighbourhoods\/tanglin\">Tanglin<\/a>, District 10. Although the development is relatively old, the freehold tenure keeps its value up in the resale market. Its location, which is a quick walk away from Napier MRT adds more value, providing residents with easy access to other parts of Singapore.<\/p>\n\n\n\n<p>This sale underscores the enduring allure and value of luxury properties in the CCR, where prime locations and exclusive developments consistently command substantial market prices. In July 2024, the nearby <a href=\"https:\/\/www.99.co\/singapore\/condos-apartments\/nassim-park-residences\" target=\"_blank\" rel=\"noreferrer noopener\">Nassim Park Residences<\/a> saw an even higher resale price at S$14,200,000.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"2048\" height=\"1365\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/09\/the-makena.jpeg\" alt=\"\" class=\"wp-image-78774\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/09\/the-makena.jpeg 2048w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/09\/the-makena-1536x1024.jpeg 1536w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/09\/the-makena-150x100.jpeg 150w\" sizes=\"(max-width: 2048px) 100vw, 2048px\" \/><figcaption class=\"wp-element-caption\">The Makena condominium<\/figcaption><\/figure>\n\n\n\n<p>The top transacted price within the RCR area in August 2024 was recorded for a freehold unit at&nbsp;<a href=\"https:\/\/www.99.co\/singapore\/condos-apartments\/the-makena\" target=\"_blank\" rel=\"noreferrer noopener\">The Makena<\/a>, amounting to S$7,000,000 upon resale. This transaction highlights the robust demand for residential properties in the East Coast area and the upscale developments in the RCR region.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"900\" height=\"482\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/09\/St-Patrick-Res.jpg\" alt=\"\" class=\"wp-image-78773\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/09\/St-Patrick-Res.jpg 900w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/09\/St-Patrick-Res-150x80.jpg 150w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><figcaption class=\"wp-element-caption\">St. Patrick&#8217;s Residences. Image source: Google Map<\/figcaption><\/figure>\n\n\n\n<p>In the OCR region, a record-breaking resale transaction for the month occurred at <a href=\"https:\/\/www.99.co\/singapore\/condos-apartments\/st-patricks-residences\" target=\"_blank\" rel=\"noreferrer noopener\">St. Patrick\u2019s Residences<\/a>, with a freehold unit being sold for S$3,668,000. This transaction underscores the increasing appeal of the OCR, as there is a growing demand for larger units in well-established neighbourhoods, even at higher price points.<\/p>\n\n\n\n<p>    <section id=\"portal-widget-tab-panel-6a3ef181ebf94\" class=\"portal-widget-tab-panel\">\n        <div class=\"swiper-container\" id=\"swiper-container-6a3ef181ebf94\">\n                        <div class=\"row-title-widget\">\n                <div class=\"portal-widget-carousel-title-left\"><h4 class=\"portal-widget-title\">Interested in resale condos with freehold tenure? Check these out!<\/h4><\/div>\n                <div class=\"portal-widget-carousel-title-right text-right\"><span class=\"portal-widget-see-all-link link-top\"><a href=\"\" class=\"nndc-open-app-link\" data-url=\"https:\/\/www.99.co\/singapore\/sale\/condos-apartments\/d10?bathrooms=any&amp;composite_floor_level=any&amp;composite_furnishing=any&amp;composite_property_status=any&amp;composite_views=any&amp;features_and_amenities=any&amp;has_floor_plan=false&amp;main_category=condo&amp;name=Singapore&amp;page_num=1&amp;page_size=36&amp;path=%2Fsingapore%2Fsale%2Fcondos-apartments%2Fd10&amp;period_of_availability=any&amp;property_segments=residential&amp;query_ids=singapore&amp;query_name=D10%20-%20Tanglin%20%2F%20Holland&amp;query_text=D10%20-%20Tanglin%20%2F%20Holland&amp;query_type=city&amp;rooms=any&amp;show_cluster_preview=true&amp;show_description=true&amp;show_internal_linking=true&amp;show_meta_description=true&amp;show_nearby=true&amp;sort_field=relevance&amp;sort_order=desc&amp;tenure=freehold&utm_source=blog&utm_medium=widget\">See all listings<\/a><\/span><\/div>\n            <\/div>\n                        <div class=\"portal-widget-carousel swiper-wrapper\">\n                                    <div class=\"portal-widget-carousel__card swiper-slide\">\n                                                <div class=\"card-image\">\n                            <img decoding=\"async\" src=\"https:\/\/pic2.99.co\/v3\/CNGxEirYGZGnfYg3hkept7?text=Agnes+Yong+Ah+Nguk&sampling=lanczos&version=1&height=600&width=800&mode=fill&quality=80&convert_if_png=true&signature=2fe992a13327c018d0fc4bf5605f34146df1805e\" alt=\"One Balmoral Photo\">\n                        <\/div>\n                        <div class=\"card-description\">\n                            <div class=\"card-text card-title\">One Balmoral<\/div>\n                            <div class=\"card-text card-subtitle\">1 Balmoral Rd \u00b7 D10<\/div>\n                            <div class=\"card-text card-room\">\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bed-icon.svg\" alt=\"bedroom\">\n                                    <span>4<\/span>\n                                <\/div>\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bath-icon.svg\" alt=\"bathroom\">\n                                    <span>4<\/span>\n                                <\/div>\n                                <div >\n                                    <span>1,657 sqft<\/span>\n                                <\/div>\n                            <\/div>\n                            <div class=\"card-text card-price\">S$ 4,500,000<\/div>\n                        <\/div>\n                        <div class=\"card-button\">\n                            <button class=\"btn-view-listing nndc-open-app-link\" data-url=\"https:\/\/www.99.co\/singapore\/sale\/property\/one-balmoral-condo-QY83S3BNMBhBFSX5xr5oos?utm_source=blog&utm_medium=widget\">View this listing<\/button>\n                        <\/div>\n                    <\/div>\n                                    <div class=\"portal-widget-carousel__card swiper-slide\">\n                                                <div class=\"card-image\">\n                            <img decoding=\"async\" src=\"https:\/\/pic2.99.co\/v3\/vfWkzPrDEBZxqjp56iwfHb?text=Gilad+Coppersmith&sampling=lanczos&version=1&height=600&width=800&mode=fill&quality=80&convert_if_png=true&signature=0f55384989f46b242397a0f83eb802ed98e73741\" alt=\"Aspen Loft Photo\">\n                        <\/div>\n                        <div class=\"card-description\">\n                            <div class=\"card-text card-title\">Aspen Loft<\/div>\n                            <div class=\"card-text card-subtitle\">170 Joo Chiat Terrace \u00b7 D15<\/div>\n                            <div class=\"card-text card-room\">\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bed-icon.svg\" alt=\"bedroom\">\n                                    <span>2<\/span>\n                                <\/div>\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bath-icon.svg\" alt=\"bathroom\">\n                                    <span>2<\/span>\n                                <\/div>\n                                <div >\n                                    <span>1,012 sqft<\/span>\n                                <\/div>\n                            <\/div>\n                            <div class=\"card-text card-price\">S$ 1,888,000<\/div>\n                        <\/div>\n                        <div class=\"card-button\">\n                            <button class=\"btn-view-listing nndc-open-app-link\" data-url=\"https:\/\/www.99.co\/singapore\/sale\/property\/aspen-loft-condo-BAJX9wwwGrxRB6RGXm2z7N?utm_source=blog&utm_medium=widget\">View this listing<\/button>\n                        <\/div>\n                    <\/div>\n                                    <div class=\"portal-widget-carousel__card swiper-slide\">\n                                                <div class=\"card-image\">\n                            <img decoding=\"async\" src=\"https:\/\/pic2.99.co\/v3\/EC6Kx7GgU5CMnuz8FM6V98?text=Vera+Loh&sampling=lanczos&version=1&height=600&width=800&mode=fill&quality=80&convert_if_png=true&signature=96ba4fe1073ffc73547f78723c4635871c71d74c\" alt=\"Amber Park Photo\">\n                        <\/div>\n                        <div class=\"card-description\">\n                            <div class=\"card-text card-title\">Amber Park<\/div>\n                            <div class=\"card-text card-subtitle\">18 Amber Gdns \u00b7 D15<\/div>\n                            <div class=\"card-text card-room\">\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bed-icon.svg\" alt=\"bedroom\">\n                                    <span>1<\/span>\n                                <\/div>\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bath-icon.svg\" alt=\"bathroom\">\n                                    <span>1<\/span>\n                                <\/div>\n                                <div >\n                                    <span>484 sqft<\/span>\n                                <\/div>\n                            <\/div>\n                            <div class=\"card-text card-price\">S$ 1,380,000<\/div>\n                        <\/div>\n                        <div class=\"card-button\">\n                            <button class=\"btn-view-listing nndc-open-app-link\" data-url=\"https:\/\/www.99.co\/singapore\/sale\/property\/amber-park-condo-7bsh37WYEJEcm7poEKvQci?utm_source=blog&utm_medium=widget\">View this listing<\/button>\n                        <\/div>\n                    <\/div>\n                                    <div class=\"portal-widget-carousel__card swiper-slide\">\n                                                <div class=\"card-image\">\n                            <img decoding=\"async\" src=\"https:\/\/pic2.99.co\/v3\/MK2vbHxwRf9QoYBykbtshC?text=Sucipto+Sasanadi&sampling=lanczos&version=1&height=600&width=800&mode=fill&quality=80&convert_if_png=true&signature=876fa316fcc142a822d99023fc81175830eca6b8\" alt=\"Clydes Residence Photo\">\n                        <\/div>\n                        <div class=\"card-description\">\n                            <div class=\"card-text card-title\">Clydes Residence<\/div>\n                            <div class=\"card-text card-subtitle\">78 Mergui Rd \u00b7 D8<\/div>\n                            <div class=\"card-text card-room\">\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bed-icon.svg\" alt=\"bedroom\">\n                                    <span>2<\/span>\n                                <\/div>\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bath-icon.svg\" alt=\"bathroom\">\n                                    <span>2<\/span>\n                                <\/div>\n                                <div >\n                                    <span>1,600 sqft<\/span>\n                                <\/div>\n                            <\/div>\n                            <div class=\"card-text card-price\">S$ 1,850,000<\/div>\n                        <\/div>\n                        <div class=\"card-button\">\n                            <button class=\"btn-view-listing nndc-open-app-link\" data-url=\"https:\/\/www.99.co\/singapore\/sale\/property\/clydes-residence-condo-SP4EgkWmApirxh8DDrgNru?utm_source=blog&utm_medium=widget\">View this listing<\/button>\n                        <\/div>\n                    <\/div>\n                                    <div class=\"portal-widget-carousel__card swiper-slide\">\n                                                <div class=\"card-image\">\n                            <img decoding=\"async\" src=\"https:\/\/pic2.99.co\/v3\/QDBtx7K7Tzm5gKCXernQq4?text=Patricia+Sim&sampling=lanczos&version=1&height=600&width=800&mode=fill&quality=80&convert_if_png=true&signature=4b1e008a5d601630c5aaa09c1f897ce4a0027bab\" alt=\"Residences Botanique Photo\">\n                        <\/div>\n                        <div class=\"card-description\">\n                            <div class=\"card-text card-title\">Residences Botanique<\/div>\n                            <div class=\"card-text card-subtitle\">32 Yio Chu Kang Rd \u00b7 D19<\/div>\n                            <div class=\"card-text card-room\">\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bed-icon.svg\" alt=\"bedroom\">\n                                    <span>1<\/span>\n                                <\/div>\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bath-icon.svg\" alt=\"bathroom\">\n                                    <span>1<\/span>\n                                <\/div>\n                                <div >\n                                    <span>517 sqft<\/span>\n                                <\/div>\n                            <\/div>\n                            <div class=\"card-text card-price\">S$ 899,000<\/div>\n                        <\/div>\n                        <div class=\"card-button\">\n                            <button class=\"btn-view-listing nndc-open-app-link\" data-url=\"https:\/\/www.99.co\/singapore\/sale\/property\/residences-botanique-condo-WPtSek3XqZjHg3vogmhCyE?utm_source=blog&utm_medium=widget\">View this listing<\/button>\n                        <\/div>\n                    <\/div>\n                                    <div class=\"portal-widget-carousel__card swiper-slide\">\n                                                <div class=\"card-image\">\n                            <img decoding=\"async\" src=\"https:\/\/pic2.99.co\/v3\/otsMPYFDTLvVaixHY7bk8S?text=Germaine+Teo&sampling=lanczos&version=1&height=600&width=800&mode=fill&quality=80&convert_if_png=true&signature=e4f4d551898f5da0f49e3c9504daa83019a31830\" alt=\"Emily Residence Photo\">\n                        <\/div>\n                        <div class=\"card-description\">\n                            <div class=\"card-text card-title\">Emily Residence<\/div>\n                            <div class=\"card-text card-subtitle\">3 Mount Emily Rd \u00b7 D9<\/div>\n                            <div class=\"card-text card-room\">\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bed-icon.svg\" alt=\"bedroom\">\n                                    <span>1<\/span>\n                                <\/div>\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bath-icon.svg\" alt=\"bathroom\">\n                                    <span>1<\/span>\n                                <\/div>\n                                <div >\n                                    <span>657 sqft<\/span>\n                                <\/div>\n                            <\/div>\n                            <div class=\"card-text card-price\">S$ 898,000<\/div>\n                        <\/div>\n                        <div class=\"card-button\">\n                            <button class=\"btn-view-listing nndc-open-app-link\" data-url=\"https:\/\/www.99.co\/singapore\/sale\/property\/emily-residence-condo-E3JhyVW4uwwNzJJ7iAyhSR?utm_source=blog&utm_medium=widget\">View this listing<\/button>\n                        <\/div>\n                    <\/div>\n                                    <div class=\"portal-widget-carousel__card swiper-slide\">\n                                                <div class=\"card-image\">\n                            <img decoding=\"async\" src=\"https:\/\/pic2.99.co\/v3\/BXmy7ubT5ky4ks2QA4HpkU?text=Raymond+Tan&sampling=lanczos&version=1&height=600&width=800&mode=fill&quality=80&convert_if_png=true&signature=4f6a94344b0edbb1db5ca1a205b53f60404ff7cc\" alt=\"Myra Photo\">\n                        <\/div>\n                        <div class=\"card-description\">\n                            <div class=\"card-text card-title\">Myra<\/div>\n                            <div class=\"card-text card-subtitle\">9 Meyappa Chettiar Rd \u00b7 D13<\/div>\n                            <div class=\"card-text card-room\">\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bed-icon.svg\" alt=\"bedroom\">\n                                    <span>2<\/span>\n                                <\/div>\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bath-icon.svg\" alt=\"bathroom\">\n                                    <span>2<\/span>\n                                <\/div>\n                                <div >\n                                    <span>700 sqft<\/span>\n                                <\/div>\n                            <\/div>\n                            <div class=\"card-text card-price\">S$ 1,700,000<\/div>\n                        <\/div>\n                        <div class=\"card-button\">\n                            <button class=\"btn-view-listing nndc-open-app-link\" data-url=\"https:\/\/www.99.co\/singapore\/sale\/property\/myra-condo-FvVpkneUbV4epfbsbFHF2J?utm_source=blog&utm_medium=widget\">View this listing<\/button>\n                        <\/div>\n                    <\/div>\n                                    <div class=\"portal-widget-carousel__card swiper-slide\">\n                                                <div class=\"card-image\">\n                            <img decoding=\"async\" src=\"https:\/\/pic2.99.co\/v3\/nZSUyKtXSV85GxC6xuDjEJ?text=Francis+Lu+%4093687188&sampling=lanczos&version=1&height=600&width=800&mode=fill&quality=80&convert_if_png=true&signature=647445fba0b9b2f8ae8a85acccee2080c0b68e6d\" alt=\"Bishopsgate Residences Photo\">\n                        <\/div>\n                        <div class=\"card-description\">\n                            <div class=\"card-text card-title\">Bishopsgate Residences<\/div>\n                            <div class=\"card-text card-subtitle\">1 Bishopsgate \u00b7 D10<\/div>\n                            <div class=\"card-text card-room\">\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bed-icon.svg\" alt=\"bedroom\">\n                                    <span>3<\/span>\n                                <\/div>\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bath-icon.svg\" alt=\"bathroom\">\n                                    <span>5<\/span>\n                                <\/div>\n                                <div >\n                                    <span>2,433 sqft<\/span>\n                                <\/div>\n                            <\/div>\n                            <div class=\"card-text card-price\">S$ 8,800,000<\/div>\n                        <\/div>\n                        <div class=\"card-button\">\n                            <button class=\"btn-view-listing nndc-open-app-link\" data-url=\"https:\/\/www.99.co\/singapore\/sale\/property\/bishopsgate-residences-condo-FLYcGDL6rHUW3irgXa55pv?utm_source=blog&utm_medium=widget\">View this listing<\/button>\n                        <\/div>\n                    <\/div>\n                                    <div class=\"portal-widget-carousel__card swiper-slide\">\n                                                <div class=\"card-image\">\n                            <img decoding=\"async\" src=\"https:\/\/pic2.99.co\/v3\/Tkz8aafPD8rCfbLR4i43gJ?text=Lui+Mei+Ci&sampling=lanczos&version=1&height=600&width=800&mode=fill&quality=80&convert_if_png=true&signature=5233301dfdbee7c2c37538241e778bfa4c2ca941\" alt=\"Marine Blue Photo\">\n                        <\/div>\n                        <div class=\"card-description\">\n                            <div class=\"card-text card-title\">Marine Blue<\/div>\n                            <div class=\"card-text card-subtitle\">89 Marine Parade Rd \u00b7 D15<\/div>\n                            <div class=\"card-text card-room\">\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bed-icon.svg\" alt=\"bedroom\">\n                                    <span>1<\/span>\n                                <\/div>\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bath-icon.svg\" alt=\"bathroom\">\n                                    <span>1<\/span>\n                                <\/div>\n                                <div >\n                                    <span>635 sqft<\/span>\n                                <\/div>\n                            <\/div>\n                            <div class=\"card-text card-price\">S$ 1,650,000<\/div>\n                        <\/div>\n                        <div class=\"card-button\">\n                            <button class=\"btn-view-listing nndc-open-app-link\" data-url=\"https:\/\/www.99.co\/singapore\/sale\/property\/marine-blue-condo-ao8rJ6DLBLeGQ3Z34RL3PQ?utm_source=blog&utm_medium=widget\">View this listing<\/button>\n                        <\/div>\n                    <\/div>\n                                    <div class=\"portal-widget-carousel__card swiper-slide\">\n                                                <div class=\"card-image\">\n                            <img decoding=\"async\" src=\"https:\/\/pic2.99.co\/v3\/prFWGubdsobtYMxgG4Yw8T?text=Sean+Ng&sampling=lanczos&version=1&height=600&width=800&mode=fill&quality=80&convert_if_png=true&signature=ae808f2a4397861e32469cd56eebad388685ea3d\" alt=\"The Avenir Photo\">\n                        <\/div>\n                        <div class=\"card-description\">\n                            <div class=\"card-text card-title\">The Avenir<\/div>\n                            <div class=\"card-text card-subtitle\">8 River Valley Cl \u00b7 D9<\/div>\n                            <div class=\"card-text card-room\">\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bed-icon.svg\" alt=\"bedroom\">\n                                    <span>2<\/span>\n                                <\/div>\n                                <div >\n                                    <img decoding=\"async\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/plugins\/nndc-portal\/public\/partials\/..\/images\/bath-icon.svg\" alt=\"bathroom\">\n                                    <span>2<\/span>\n                                <\/div>\n                                <div >\n                                    <span>829 sqft<\/span>\n                                <\/div>\n                            <\/div>\n                            <div class=\"card-text card-price\">S$ 2,880,000<\/div>\n                        <\/div>\n                        <div class=\"card-button\">\n                            <button class=\"btn-view-listing nndc-open-app-link\" data-url=\"https:\/\/www.99.co\/singapore\/sale\/property\/the-avenir-condo-MyqS7PMYSGW67hWof2BVv8?utm_source=blog&utm_medium=widget\">View this listing<\/button>\n                        <\/div>\n                    <\/div>\n                            <\/div>\n            <!-- Add Arrows -->\n            <div class=\"swiper-button-next\"><\/div>\n            <div class=\"swiper-button-prev\"><\/div>\n                    <\/div>\n    <\/section>\n\n<p>&nbsp;<\/p><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-overall-median-capital-gain-for-resale-condos-was-s-357-000-a-decrease-from-july\">The overall median capital gain for resale condos was S$357,000, a decrease from July<\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"925\" height=\"634\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/09\/median-capital-gain-loss-resale-condo-aug.png\" alt=\"\" class=\"wp-image-78775\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/09\/median-capital-gain-loss-resale-condo-aug.png 925w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/09\/median-capital-gain-loss-resale-condo-aug-150x103.png 150w\" sizes=\"(max-width: 925px) 100vw, 925px\" \/><\/figure>\n\n\n\n<p>The overall median capital gain for condo resale units in August 2024 was S$357,000. It translates to a decline of S$21,000 from July 2024. The slight decrease in capital gains suggests that investors and homeowners are likely to reap less benefits of property values across the island this month.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"990\" height=\"654\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/09\/median-capital-by-distrcit.png\" alt=\"\" class=\"wp-image-78776\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/09\/median-capital-by-distrcit.png 990w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/09\/median-capital-by-distrcit-150x99.png 150w\" sizes=\"(max-width: 990px) 100vw, 990px\" \/><\/figure>\n\n\n\n<p>Breaking it down by districts, <a href=\"https:\/\/www.99.co\/singapore\/sale\/condos-apartments\/d10\" target=\"_blank\" rel=\"noreferrer noopener\">District 10<\/a> (Tanglin\/<a href=\"https:\/\/www.99.co\/singapore\/neighbourhoods\/holland-village\" target=\"_blank\" rel=\"noreferrer noopener\">Holland<\/a>\/Bukit Timah) led with the highest median capital gain at S$720,000. This substantial increase underscores the enduring allure of properties in this locality, renowned for its seamless integration of a vibrant community and convenient access to the city centre.<\/p>\n\n\n\n<p><p><a href=\"https:\/\/www.99.co\/singapore\/sale\/condos-apartments\/d1\" target=\"_blank\" rel=\"noreferrer noopener\">District 1<\/a> (Boat Quay\/<a href=\"https:\/\/www.99.co\/singapore\/neighbourhoods\/raffles-place\" target=\"_blank\" rel=\"noreferrer noopener\">Raffles Place<\/a>\/Marina), on the other hand, posted the lowest at -S$81,000. This negative capital gain indicates a possible short-term correction in property values within this prominent business district or suggests that resale properties in the area were sold at a loss relative to their original purchase price.<\/p><br><p><iframe loading=\"lazy\" style=\"border: none; width: 350px !important; box-shadow: 0px 2px 12px rgb(11 17 52 \/ 15%); border-radius: 16px;\" src=\"https:\/\/www.99.co\/property-value-widget?contentSource=insider-blog&amp;contentId=condo-resale-market-july-2024\" width=\"350\" height=\"370\" scrolling=\"no\">&lt;span data-mce-type=&#8221;bookmark&#8221; style=&#8221;display: inline-block; width: 0px; overflow: hidden; line-height: 0;&#8221; class=&#8221;mce_SELRES_start&#8221;>&lt;\/span>&lt;span data-mce-type=&#8221;bookmark&#8221; style=&#8221;display: inline-block; width: 0px; overflow: hidden; line-height: 0;&#8221; class=&#8221;mce_SELRES_start&#8221;>&lt;\/span>&lt;span data-mce-type=&#8221;bookmark&#8221; style=&#8221;display: inline-block; width: 0px; overflow: hidden; line-height: 0;&#8221; class=&#8221;mce_SELRES_start&#8221;>&lt;\/span>&lt;span data-mce-type=&#8221;bookmark&#8221; style=&#8221;display: inline-block; width: 0px; overflow: hidden; line-height: 0;&#8221; class=&#8221;mce_SELRES_start&#8221;>&lt;\/span>&lt;span data-mce-type=&#8221;bookmark&#8221; style=&#8221;display: inline-block; width: 0px; overflow: hidden; line-height: 0;&#8221; class=&#8221;mce_SELRES_start&#8221;>&lt;\/span>&lt;span data-mce-type=&#8221;bookmark&#8221; style=&#8221;display: inline-block; width: 0px; overflow: hidden; line-height: 0;&#8221; class=&#8221;mce_SELRES_start&#8221;>&lt;\/span>&lt;span data-mce-type=&#8221;bookmark&#8221; style=&#8221;display: inline-block; width: 0px; overflow: hidden; line-height: 0;&#8221; class=&#8221;mce_SELRES_start&#8221;>&lt;\/span>&lt;span data-mce-type=&#8221;bookmark&#8221; style=&#8221;display: inline-block; width: 0px; overflow: hidden; line-height: 0;&#8221; class=&#8221;mce_SELRES_start&#8221;>&lt;\/span>&lt;span data-mce-type=&#8221;bookmark&#8221; style=&#8221;display: inline-block; width: 0px; overflow: hidden; line-height: 0;&#8221; class=&#8221;mce_SELRES_start&#8221;>&lt;\/span>&lt;span data-mce-type=&#8221;bookmark&#8221; style=&#8221;display: inline-block; width: 0px; overflow: hidden; line-height: 0;&#8221; class=&#8221;mce_SELRES_start&#8221;>&lt;\/span>&lt;span data-mce-type=&#8221;bookmark&#8221; style=&#8221;display: inline-block; width: 0px; overflow: hidden; line-height: 0;&#8221; class=&#8221;mce_SELRES_start&#8221;>&lt;\/span>&lt;span data-mce-type=&#8221;bookmark&#8221; style=&#8221;display: inline-block; width: 0px; overflow: hidden; line-height: 0;&#8221; class=&#8221;mce_SELRES_start&#8221;>&lt;\/span>&lt;span data-mce-type=&#8221;bookmark&#8221; style=&#8221;display: inline-block; width: 0px; overflow: hidden; line-height: 0;&#8221; class=&#8221;mce_SELRES_start&#8221;>&lt;\/span>&lt;span data-mce-type=&#8221;bookmark&#8221; style=&#8221;display: inline-block; width: 0px; overflow: hidden; line-height: 0;&#8221; class=&#8221;mce_SELRES_start&#8221;>&lt;\/span>&lt;span data-mce-type=&#8221;bookmark&#8221; style=&#8221;display: inline-block; width: 0px; overflow: hidden; line-height: 0;&#8221; class=&#8221;mce_SELRES_start&#8221;>&lt;\/span>&lt;span data-mce-type=&#8221;bookmark&#8221; style=&#8221;display: inline-block; width: 0px; overflow: hidden; line-height: 0;&#8221; class=&#8221;mce_SELRES_start&#8221;>&lt;\/span>&lt;span data-mce-type=&#8221;bookmark&#8221; style=&#8221;display: inline-block; width: 0px; overflow: hidden; line-height: 0;&#8221; class=&#8221;mce_SELRES_start&#8221;>&lt;\/span>&lt;span data-mce-type=&#8221;bookmark&#8221; style=&#8221;display: inline-block; width: 0px; overflow: hidden; line-height: 0;&#8221; class=&#8221;mce_SELRES_start&#8221;>&lt;\/span>&lt;span data-mce-type=&#8221;bookmark&#8221; style=&#8221;display: inline-block; width: 0px; overflow: hidden; line-height: 0;&#8221; class=&#8221;mce_SELRES_start&#8221;>&lt;\/span>&lt;span data-mce-type=&#8221;bookmark&#8221; style=&#8221;display: inline-block; width: 0px; overflow: hidden; line-height: 0;&#8221; class=&#8221;mce_SELRES_start&#8221;>&lt;span data-mce-type=&#8221;bookmark&#8221; style=&#8221;display: inline-block; width: 0px; overflow: hidden; line-height: 0;&#8221; class=&#8221;mce_SELRES_start&#8221;>&lt;\/span>&lt;\/span><\/iframe><\/p><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-overall-median-unlevered-return-for-resale-condos-was-30-7\">The overall median unlevered return for resale condos was 30.7%<\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"967\" height=\"591\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/09\/median-returns-condo-aug.png\" alt=\"\" class=\"wp-image-78784\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/09\/median-returns-condo-aug.png 967w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/09\/median-returns-condo-aug-150x92.png 150w\" sizes=\"(max-width: 967px) 100vw, 967px\" \/><\/figure>\n\n\n\n<p>In terms of unlevered return (return without accounting for borrowing), the overall median stood at 30.7%. This figure indicates the percentage increase in value that property owners have realised upon selling their properties, showcasing the profitability of investing in Singapore\u2019s condominium market.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"924\" height=\"688\" src=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/09\/median-return-by-district-aug.png\" alt=\"\" class=\"wp-image-78783\" srcset=\"https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/09\/median-return-by-district-aug.png 924w, https:\/\/www.99.co\/singapore\/insider\/wp-content\/uploads\/2024\/09\/median-return-by-district-aug-150x112.png 150w\" sizes=\"(max-width: 924px) 100vw, 924px\" \/><\/figure>\n\n\n\n<p><a href=\"https:\/\/www.99.co\/singapore\/sale\/condos-apartments\/d16\" target=\"_blank\" rel=\"noreferrer noopener\">District 16<\/a>&nbsp;(<a href=\"https:\/\/www.99.co\/singapore\/neighbourhoods\/bedok\" target=\"_blank\" rel=\"noreferrer noopener\">Bedok<\/a>\/Upper East Coast) has demonstrated remarkable performance, with the highest median unlevered return of 45.3%. This significant return underscores the district\u2019s robust appreciation of property values, attributed to its abundant green spaces, proximity to East Coast Park, and surrounding schools of all levels. It is a preferred choice for families and astute long-term investors.<\/p>\n\n\n\n<p>In contrast, District 1 (<a href=\"https:\/\/www.99.co\/singapore\/neighbourhoods\/boat-quay\" target=\"_blank\" rel=\"noreferrer noopener\">Boat Quay<\/a>\/Raffles Place\/Marina) reported the lowest median unlevered return at -4.6%. This negative return indicates that certain resale transactions within this prominent business district may have incurred a financial loss compared to their initial purchase prices. Factors such as market fluctuations or shifts in the demand for properties within this vibrant commercial centre could influence this situation.<\/p>\n\n\n\n<p><em>These gains and returns are calculated by comparing the current transacted price with the previous sale price of the same unit. Districts with fewer than 10 matching transactions are excluded from the ranking.<\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-main-takeaway-of-condo-resale-market-in-august-2024\">Main takeaway of condo resale market in August 2024<\/h2>\n\n\n\n<p>While condo resale prices remained stable in August 2024, lower transaction volumes and slight regional price declines suggest a cautious market. The drop in activity extends beyond the resale market, as the lowest number of new private home sales in 16 years was also recorded in August 2024.<\/p>\n\n\n\n<p>This suggests potential negative sentiment toward purchasing private condominiums, with many prospective buyers waiting for more favourable conditions, such as reduced interest rates, before making their moves.<\/p>\r\n<p>\n\n\n\n<\/p>\r\n<p style=\"border: 0.8px solid #808080; font-size: 17px; padding: 15px; text-align: center;\"><em><strong>Planning on purchasing a property? Check your <a href=\"https:\/\/www.99.co\/singapore\/tools\/affordability-calculator\" target=\"_blank\" rel=\"noopener\">affordability<\/a> now!\u00a0<\/strong><\/em><\/p>\r\n<p>\n\n\n\n<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Interested in more condo market news? Visit our&nbsp;<a href=\"https:\/\/www.99.co\/singapore\/insider\/condo\/\" target=\"_blank\" rel=\"noreferrer noopener\">condo news page<\/a>&nbsp;for more!<\/h2>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In August 2024, condo resale prices remained relatively stable, with only a slight dip of 0.1 index points compared to July. Regarding the percentage difference, it shows a 0.0% change due to rounding. Historically, August tends to see a slight uptick in resale transactions compared to July. However, this year, the volume of resale transactions&hellip;<\/p>\n","protected":false},"author":142,"featured_media":78774,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","_lmt_disableupdate":"no","_lmt_disable":"no","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[53601,57131,53984],"tags":[53604,59167,58181,59168,53934,59170],"persona":[57125,57127,57126,57128],"class_list":{"2":"type-post","20":"entry","21":"has-post-thumbnail"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Condo resale market August 2024: Stable price, decreased volume<\/title>\n<meta name=\"description\" content=\"Condo resale prices remained relatively stable in August 2024, while the volume declined by 1.7% across all regions. 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