Private Residential Report — August 2022

← July 2022 · all reports · September 2022 →

1,953 private homes changed hands in August 2022 (-34.2% vs July 2022 · +1691.7% vs August 2021): 432 new sale, 92 sub-sale, 1,429 resale. The median resale price was S$1,394 psf.

At a glance

Units sold

1,953

-34.2% vs July 2022 · +1691.7% vs August 2021

New sale

432

Sub-sale

92

Resale

1,429

Median resale S$ psf

S$1,394

+0.0% vs July 2022 · +5.4% vs August 2021

Median resale S$ psf, last 13 months

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

S$1,200S$1,300S$1,400Aug '21Feb '22Aug '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 unitsMar '22 · S$1,322 median resale psf · 1,538 resale unitsApr '22 · S$1,368 median resale psf · 1,735 resale unitsMay '22 · S$1,361 median resale psf · 1,756 resale unitsJun '22 · S$1,398 median resale psf · 1,583 resale unitsJul '22 · S$1,394 median resale psf · 2,087 resale unitsAug '22 · S$1,394 median resale psf · 1,429 resale unitsS$1,394

By region

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

RegionUnitsMedian S$ psf
CCR458 S$2,576
RCR489 S$1,827
OCR1,006 S$1,283

By property type

Property typeUnitsMedian S$ psf
Condominium894 S$1,611
Apartment657 S$1,843
Executive Condominium192 S$1,171
Terrace101 S$1,809
Semi-detached59 S$1,560
Detached23 S$1,283
Strata Terrace20 S$968
Strata Semi-detached6 S$775
Strata Detached1 S$758

Top new-sale projects

ProjectUnitsMedian S$ psf
HYLL ON HOLLAND HOLLAND ROAD 31S$2,674
RIVIERE JIAK KIM STREET 28S$2,862
PERFECT TEN BUKIT TIMAH ROAD 27S$2,942
LEEDON GREEN LEEDON HEIGHTS 20S$2,807
THE HYDE BALMORAL ROAD 20S$3,002
ONE PEARL BANK PEARL BANK 16S$2,635
THE AVENIR RIVER VALLEY CLOSE 15S$3,238
THE GAZANIA HOW SUN DRIVE 15S$2,220
KOPAR AT NEWTON MAKEWAY AVENUE 13S$2,598
AVENUE SOUTH RESIDENCE SILAT AVENUE 12S$2,274

By district

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

DistrictUnitsMedian S$ psf
D19296 S$1,332
D10232 S$2,678
D3123 S$2,266
D9110 S$2,556
D15105 S$1,689
D1898 S$1,214
D1693 S$1,270
D2793 S$1,195
D1488 S$1,574
D2380 S$1,245
D571 S$1,614
D2163 S$1,834
D2859 S$1,288
D2058 S$1,676
D1152 S$2,079
D2249 S$1,185
D1243 S$1,572
D1343 S$1,768
D1738 S$1,081
D432 S$1,849
D2532 S$1,092
D120 S$2,035
D720 S$2,621
D820 S$1,738
D217 S$2,262
D2614 S$1,356
D64 S$2,895

Top transactions

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

ProjectTypeSaleArea m² PriceS$ psf
LANDED HOUSING DEVELOPMENT BELMONT ROAD DetachedResale2508 S$55,500,000S$2,056
WHITE HOUSE PARK WHITE HOUSE PARK DetachedResale1401 S$45,500,000S$3,017
RAFFLES PARK ASH GROVE DetachedResale979 S$23,500,000S$2,230
TOMLINSON HEIGHTS TOMLINSON ROAD CondominiumResale460 S$23,000,000S$4,645
LANDED HOUSING DEVELOPMENT OCEAN DRIVE DetachedResale877 S$18,500,000S$1,961
CAPITOL PARK CHEE HOON AVENUE DetachedResale770 S$16,700,000S$2,016
SAGE NASSIM ROAD CondominiumResale424 S$15,150,000S$3,320
REGENCY PARK NATHAN ROAD CondominiumResale596 S$14,113,000S$2,200
HENRY PARK GROVE AVENUE Semi-detachedResale507 S$13,680,000S$2,506
EDEN PARK CHERRY AVENUE DetachedResale582 S$13,168,000S$2,103