{"id":84111,"date":"2025-03-28T16:31:16","date_gmt":"2025-03-28T08:31:16","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=84111"},"modified":"2025-03-28T16:31:16","modified_gmt":"2025-03-28T08:31:16","slug":"condo-resale-february-2025","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/condo-resale-february-2025\/","title":{"rendered":"Condo resale trends for February 2025: Demand surge despite mixed price movements"},"content":{"rendered":"
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The condo resale<\/a> market started 2025 on a slightly shaky note, with January<\/a> seeing buyers gravitating towards new launches. However, momentum picked up in February 2025 with a strong rise in resale activity.<\/p>\n

Notably, resale volumes climbed significantly, surpassing both last year\u2019s figures and historical trends. Meanwhile, price movements varied across regions, with some areas experience a marginal decline.<\/p>\n

This report delves into the key trends shaping the market and what they signal for the months ahead.<\/p>\n

Table of Contents<\/h2>\n
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  • Resale market trends and price movements<\/a><\/li>\n
  • Factors influencing demand and supply<\/a><\/li>\n
  • Resale volume and regional performance<\/a><\/li>\n
  • Notable high-value resale transactions by region<\/a><\/li>\n
  • Capital gains and investment returns<\/a><\/li>\n
  • Outlook for the resale market<\/a><\/li>\n<\/ul>\n

    <\/h2>\n

    Resale market trends and price movements<\/h2>\n

    \"condo-resale-price-feb-2025\"<\/p>\n

    The latest data for February 2025 highlights contrasting trends across Singapore\u2019s condo resale market. While overall resale prices dipped by 0.4% month-on-month, they remained 5.8% higher compared to February 2024.<\/p>\n

    \"condo-resale-price-by-region-feb-2025\"<\/p>\n

    Pcrice movements across different regions were as follows:<\/p>\n

      \n
    • Core Central Region<\/a> (CCR): Prices increased by 0.3% month-on-month and 4.3% year-on-year.<\/li>\n
    • Rest of Central Region<\/a> (RCR): Prices declined by 0.5% month-on-month but grew by 5.5% year-on-year.<\/li>\n
    • Outside Central Region<\/a> (OCR): Prices dipped by 0.4% month-on-month but remained 5.7% higher year-on-year.<\/li>\n<\/ul>\n

      Despite the marginal month-on-month decline in RCR and OCR, demand remained robust, particularly in suburban estates.<\/p>\n

      Factors influencing demand and supply<\/h2>\n

      Several key factors influenced resale market trends in February. With new private home prices remaining high and resale properties offering immediate move-in options, many buyers turned to the secondary market.<\/p>\n

      The successful launches of Parktown Residence in Tampines<\/a> and ELTA in Clementi<\/a> attracted strong buyer interest, due to pent up demand. As mortgage rates<\/a> have eased, more buyers have entered the property market, contributing to a 13-year high in new home sales.<\/p>\n

      These two factors together could have in turn put pressure on resale sellers to adjust their pricing to remain competitive.<\/p>\n<\/article>\n