PropHerald

Private Residential Report — October 2022

← September 2022 · all reports · November 2022 →

2,061 private homes changed hands in October 2022 (-19.0% vs September 2022 · -32.7% vs October 2021): 743 new sale, 75 sub-sale, 1,243 resale. The median resale price was S$1,380 psf. 1 project recorded its first new-sale month, led by COPEN GRAND (440 units).

At a glance

Units sold

2,061

-19.0% vs September 2022 · -32.7% vs October 2021

New sale

743

Sub-sale

75

Resale

1,243

Median resale S$ psf

S$1,380

-2.5% vs September 2022 · +8.2% vs October 2021

Median resale S$ psf, last 13 months

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

S$1,200S$1,350S$1,500Oct '21Apr '22Oct '22Oct '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 unitsSep '22 · S$1,415 median resale psf · 1,521 resale unitsOct '22 · S$1,380 median resale psf · 1,243 resale unitsS$1,380

By region

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

RegionUnitsMedian S$ psf
CCR348 S$2,577
RCR403 S$1,776
OCR1,310 S$1,328

By property type

Property typeUnitsMedian S$ psf
Condominium724 S$1,517
Executive Condominium621 S$1,327
Apartment547 S$1,871
Terrace83 S$1,837
Semi-detached46 S$1,415
Detached18 S$1,778
Strata Terrace17 S$827
Strata Semi-detached5 S$776

New launches

Projects recording their first month of new-sale transactions (20 units or more).

ProjectUnitsMedian S$ psf
COPEN GRAND TENGAH GARDEN WALK 440S$1,345

Top new-sale projects

ProjectUnitsMedian S$ psf
COPEN GRAND TENGAH GARDEN WALK 440S$1,345
PERFECT TEN BUKIT TIMAH ROAD 35S$2,951
NORTH GAIA YISHUN CLOSE 17S$1,307
RIVIERE JIAK KIM STREET 14S$2,971
ONE PEARL BANK PEARL BANK 13S$2,497
LEEDON GREEN LEEDON HEIGHTS 11S$2,897
FYVE DERBYSHIRE DERBYSHIRE ROAD 10S$2,485
PULLMAN RESIDENCES NEWTON DUNEARN ROAD 10S$3,074
HAUS ON HANDY HANDY ROAD 9S$2,767
HYLL ON HOLLAND HOLLAND ROAD 9S$2,759

By district

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

DistrictUnitsMedian S$ psf
D24440 S$1,345
D19258 S$1,291
D10163 S$2,797
D15128 S$1,606
D18109 S$1,190
D2792 S$1,203
D1483 S$1,715
D975 S$2,401
D2372 S$1,245
D1668 S$1,332
D367 S$2,259
D1162 S$2,420
D549 S$1,526
D2244 S$1,212
D2043 S$1,773
D1341 S$1,794
D436 S$1,757
D1236 S$1,611
D2833 S$1,250
D2132 S$1,684
D2529 S$1,066
D1724 S$1,115
D2621 S$1,548
D218 S$2,202
D715 S$2,753
D110 S$1,963
D810 S$1,648
D63 S$2,852

Top transactions

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

ProjectTypeSaleArea m² PriceS$ psf
LES MAISONS NASSIM NASSIM ROAD CondominiumNew sale1043 S$68,000,000S$6,057
LANDED HOUSING DEVELOPMENT COVE DRIVE DetachedResale1480 S$32,000,000S$2,009
RAFFLES PARK ASH GROVE DetachedResale791 S$23,500,000S$2,761
LANDED HOUSING DEVELOPMENT COVE GROVE DetachedResale853 S$22,000,000S$2,396
LANDED HOUSING DEVELOPMENT COVE GROVE DetachedResale853 S$21,000,000S$2,288
KING'S GARDEN KING'S CLOSE DetachedResale1064 S$21,000,000S$1,833
THE OCEANFRONT @ SENTOSA COVE OCEAN DRIVE CondominiumResale556 S$14,300,000S$2,389
LANDED HOUSING DEVELOPMENT LORONG 16 GEYLANG TerraceResale583 S$14,000,000S$2,232
3 ORCHARD BY-THE-PARK ORCHARD BOULEVARD CondominiumResale302 S$13,003,000S$4,000
LANDED HOUSING DEVELOPMENT PHILLIPS AVENUE DetachedResale1040 S$13,000,000S$1,161