PropHerald

Private Residential Report — March 2022

← February 2022 · all reports · April 2022 →

2,292 private homes changed hands in March 2022 (+36.2% vs February 2022): 701 new sale, 54 sub-sale, 1,537 resale. The median resale price was S$1,322 psf.

At a glance

Units sold

2,292

+36.2% vs February 2022

New sale

701

Sub-sale

54

Resale

1,537

Median resale S$ psf

S$1,322

+0.9% vs February 2022

Median resale S$ psf, last 13 months

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

S$1,280S$1,305S$1,330Oct '21Jan '22Mar '22Oct '21 · S$1,312 median resale psf · 454 resale unitsNov '21 · S$1,314 median resale psf · 1,949 resale unitsDec '21 · S$1,313 median resale psf · 1,765 resale unitsJan '22 · S$1,289 median resale psf · 1,308 resale unitsFeb '22 · S$1,310 median resale psf · 1,083 resale unitsMar '22 · S$1,322 median resale psf · 1,537 resale unitsS$1,322

By region

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

RegionUnitsMedian S$ psf
CCR345 S$2,433
RCR695 S$1,829
OCR1,252 S$1,259

By property type

Property typeUnitsMedian S$ psf
Condominium959 S$1,490
Apartment865 S$1,776
Executive Condominium201 S$1,111
Semi-detached86 S$1,312
Terrace85 S$1,735
Detached41 S$1,167
Strata Terrace34 S$916
Strata Semi-detached17 S$1,035
Strata Detached4 S$941

Top new-sale projects

ProjectUnitsMedian S$ psf
NORMANTON PARK NORMANTON PARK 82S$1,888
THE FLORENCE RESIDENCES HOUGANG AVENUE 2 37S$1,697
KI RESIDENCES AT BROOKVALE BROOKVALE DRIVE 28S$1,976
THE GAZANIA HOW SUN DRIVE 25S$2,167
ONE PEARL BANK PEARL BANK 24S$2,638
THE AVENIR RIVER VALLEY CLOSE 23S$3,099
AVENUE SOUTH RESIDENCE SILAT AVENUE 22S$2,375
LEEDON GREEN LEEDON HEIGHTS 21S$2,815
PROVENCE RESIDENCE CANBERRA CRESCENT 19S$1,252
VERTICUS JALAN KEMAMAN 18S$2,103

By district

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

DistrictUnitsMedian S$ psf
D19338 S$1,354
D15182 S$1,688
D5181 S$1,728
D10133 S$2,671
D18117 S$1,097
D14110 S$1,539
D27108 S$1,153
D3106 S$2,341
D16106 S$1,282
D21106 S$1,877
D23103 S$1,304
D9100 S$2,582
D2882 S$1,197
D1172 S$1,999
D1265 S$1,629
D1357 S$1,670
D2057 S$1,653
D2253 S$1,159
D1750 S$1,070
D2544 S$1,021
D428 S$1,707
D824 S$1,579
D2618 S$1,270
D117 S$2,148
D214 S$1,876
D713 S$2,569
D68 S$2,888

Top transactions

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

ProjectTypeSaleArea m² PriceS$ psf
ARIVA ON SHAN SERVICED RESIDENCE SHAN ROAD ApartmentResale2038 S$86,499,999S$3,943
LANDED HOUSING DEVELOPMENT CHANCERY LANE DetachedResale3179 S$66,060,000S$1,931
LANDED HOUSING DEVELOPMENT CHANCERY LANE DetachedResale3179 S$66,060,000S$1,931
LANDED HOUSING DEVELOPMENT CHANCERY LANE DetachedResale3179 S$66,060,000S$1,931
LES MAISONS NASSIM NASSIM ROAD CondominiumNew sale1121 S$59,768,640S$4,953
GALLOP VILLAS GALLOP PARK ROAD DetachedResale1211 S$35,500,000S$2,723
GREEN HILL ESTATE CHESTNUT CLOSE DetachedResale2088 S$29,300,000S$1,304
RAFFLES PARK ASH GROVE DetachedResale974 S$29,000,000S$2,767
LANDED HOUSING DEVELOPMENT JALAN BAHASA DetachedResale992 S$25,250,000S$2,364
OEI TIONG HAM PARK JALAN HARUM DetachedResale1016 S$22,800,000S$2,085