According to the SRX flash report, the resale condo price index hit an 11 year high in April.

It increased 1.5% month-on-month and 5.8% year-on-year in April 2021.

According to Nicholas Mak, Head of Research & Consultancy, ‎ERA Real Estate - the pandemic plays a part in the faster rise in suburban resale condominium prices.

Nick adds that the pandemic caused delays in the construction of HDB BTO flats, which caused some homebuyers to select HDB resale flats, instead of applying for BTO flats.

According to the SRX flash report, the resale condo price index hit an 11 year high in April.
It increased 1.5% month-on-month and 5.8% year-on-year in April 2021.
According to Nicholas Mak, Head of Research &amp; Consultancy, &lrm;ERA Real Estate - the pandemic plays a part in the faster rise in suburban resale condominium prices.
Nick adds that the pandemic caused delays in the construction of HDB BTO flats, which caused some homebuyers to select HDB resale flats, instead of applying for BTO flats.

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