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What is the growth rate for condos in different regions of Singapore

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In Singapore, the growth rates for condo prices vary significantly across different regions.

Core Central Region (CCR)

The CCR, which includes the central business district and prime residential areas, saw a relatively modest growth. The average price for condos in this region grew by 11.6% from 2014 to last year, increasing from $1,975 per square foot to $2,204 per square foot.

Other Districts

  • District 26: This district experienced the highest price growth, with a 21% year-on-year increase last year, driven by new condo launches such as Lentor Mansion near the Lentor MRT Station.
  • District 17: This district saw a 14.4% year-on-year price growth last year.
  • District 25: Here, the price growth was 11.1% year-on-year last year.
These figures indicate that while the CCR had a more stable but slower growth, other districts like District 26, 17, and 25 experienced more significant price increases due to new developments and market demand.
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