PropHerald

Private Residential Report — February 2022

← January 2022 · all reports · March 2022 →

1,683 private homes changed hands in February 2022 (-18.2% vs January 2022): 566 new sale, 34 sub-sale, 1,083 resale. The median resale price was S$1,310 psf.

At a glance

Units sold

1,683

-18.2% vs January 2022

New sale

566

Sub-sale

34

Resale

1,083

Median resale S$ psf

S$1,310

+1.6% vs January 2022

Median resale S$ psf, last 13 months

Resale transactions only — new-sale pricing follows launches, not the open market.

S$1,270S$1,300S$1,330Aug '21Nov '21Feb '22Aug '21 · S$1,323 median resale psf · 68 resale unitsSep '21 · S$1,300 median resale psf · 2,147 resale unitsOct '21 · S$1,276 median resale psf · 2,003 resale unitsNov '21 · S$1,314 median resale psf · 1,951 resale unitsDec '21 · S$1,313 median resale psf · 1,763 resale unitsJan '22 · S$1,289 median resale psf · 1,311 resale unitsFeb '22 · S$1,310 median resale psf · 1,083 resale unitsS$1,310

By region

Median S$ psf across all sale types. CCR = core central, RCR = rest of central, OCR = outside central region.

RegionUnitsMedian S$ psf
CCR254 S$2,307
RCR542 S$1,827
OCR887 S$1,264

By property type

Property typeUnitsMedian S$ psf
Condominium687 S$1,395
Apartment676 S$1,825
Executive Condominium131 S$1,097
Terrace76 S$1,658
Semi-detached57 S$1,644
Strata Terrace24 S$842
Detached23 S$1,717
Strata Semi-detached6 S$814
Strata Detached3 S$663

Top new-sale projects

ProjectUnitsMedian S$ psf
NORMANTON PARK NORMANTON PARK 82S$1,858
AVENUE SOUTH RESIDENCE SILAT AVENUE 32S$2,371
DAIRY FARM RESIDENCES DAIRY FARM LANE 30S$1,702
KOPAR AT NEWTON MAKEWAY AVENUE 21S$2,429
THE FLORENCE RESIDENCES HOUGANG AVENUE 2 21S$1,702
THE GAZANIA HOW SUN DRIVE 20S$2,170
VERDALE DE SOUZA AVENUE 20S$1,825
ONE PEARL BANK PEARL BANK 19S$2,334
PARC CLEMATIS JALAN LEMPENG 18S$1,791
PARC GREENWICH FERNVALE LANE 18S$1,258

By district

Median S$ psf across all sale types, ranked by units sold.

DistrictUnitsMedian S$ psf
D19200 S$1,335
D5167 S$1,805
D15141 S$1,713
D23124 S$1,373
D10109 S$2,446
D1897 S$1,140
D1484 S$1,572
D383 S$2,301
D2177 S$1,823
D975 S$2,429
D1668 S$1,173
D2863 S$1,257
D2761 S$1,199
D1748 S$1,047
D1147 S$1,814
D2045 S$1,616
D2239 S$1,143
D1334 S$1,767
D1232 S$1,535
D2517 S$922
D416 S$1,699
D813 S$1,560
D211 S$2,295
D2610 S$1,546
D79 S$2,002
D18 S$2,303
D65 S$3,004

Top transactions

Single-unit deals only, so this ranks homes, not bulk purchases.

ProjectTypeSaleArea m² PriceS$ psf
LES MAISONS NASSIM NASSIM ROAD CondominiumNew sale624 S$34,612,500S$5,153
LANDED HOUSING DEVELOPMENT GARLICK AVENUE DetachedResale1406 S$29,880,000S$1,974
LANDED HOUSING DEVELOPMENT GARLICK AVENUE DetachedResale1406 S$29,880,000S$1,974
LANDED HOUSING DEVELOPMENT NAMLY HILL DetachedResale1030 S$24,800,000S$2,237
RAFFLES PARK ASH GROVE DetachedResale957 S$24,100,000S$2,340
LANDED HOUSING DEVELOPMENT LAKESHORE VIEW DetachedResale733 S$17,600,000S$2,231
SELBY GARDENS LIM TAI SEE WALK DetachedResale1179 S$17,500,000S$1,379
RAFFLES PARK ASH GROVE DetachedResale926 S$17,100,000S$1,717
LANDED HOUSING DEVELOPMENT KINGSMEAD ROAD DetachedResale586 S$14,500,000S$2,298
ORCHID VILLAGE VANDA CRESCENT DetachedSub-sale422 S$13,680,000S$3,012