2020 and 2021 have been exceptional years for the Singapore property market, thanks (or no thanks) to Covid-19. While prices have mostly risen across the board, some districts have performed better than others. This is useful to know if you’re a home buyer in the current market, trying to shortlist potential locations. We’ve actually done one for the biggest rises and drops, but we’d like to look at it from a quantum perspective as well. So in the following tables, we’ve highlighted the top and bottom districts for price increases and decreases:
How did we determine gains and losses?
The following are all based on real transaction data, from URA records.
For the pre-Covid 19 period, we looked at transactions between January 2019 and February 2020.
For the post-Covid 19 period, we looked at transactions between August 2020 to July 2021.
As there are hardly any actual units transacting between these 2 periods given the relatively short amount of time between them,...