PropHerald

Private Residential Report — December 2022

← November 2022 · all reports · January 2023 →

1,602 private homes changed hands in December 2022 (+2.0% vs November 2022 · -36.8% vs December 2021): 597 new sale, 60 sub-sale, 945 resale. The median resale price was S$1,416 psf. 1 project recorded its first new-sale month, led by TENET (410 units).

At a glance

Units sold

1,602

+2.0% vs November 2022 · -36.8% vs December 2021

New sale

597

Sub-sale

60

Resale

945

Median resale S$ psf

S$1,416

-0.9% vs November 2022 · +7.8% vs December 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$1,500Dec '21Jun '22Dec '22Dec '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 unitsNov '22 · S$1,429 median resale psf · 1,100 resale unitsDec '22 · S$1,416 median resale psf · 945 resale unitsS$1,416

By region

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

RegionUnitsMedian S$ psf
CCR208 S$2,551
RCR316 S$1,805
OCR1,078 S$1,361

By property type

Property typeUnitsMedian S$ psf
Executive Condominium558 S$1,358
Condominium541 S$1,523
Apartment370 S$1,775
Terrace63 S$2,016
Semi-detached41 S$1,423
Detached22 S$1,579
Strata Terrace5 S$1,100
Strata Detached1 S$783
Strata Semi-detached1 S$984

New launches

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

ProjectUnitsMedian S$ psf
TENET TAMPINES STREET 62 410S$1,381

Top new-sale projects

ProjectUnitsMedian S$ psf
TENET TAMPINES STREET 62 410S$1,381
RIVIERE JIAK KIM STREET 13S$2,971
THE LANDMARK CHIN SWEE ROAD 10S$2,648
PERFECT TEN BUKIT TIMAH ROAD 9S$3,087
LEEDON GREEN LEEDON HEIGHTS 8S$2,895
NORTH GAIA YISHUN CLOSE 8S$1,275
PARC CLEMATIS JALAN LEMPENG 8S$1,838
COPEN GRAND TENGAH GARDEN WALK 7S$1,328
HYLL ON HOLLAND HOLLAND ROAD 7S$2,675
ONE HOLLAND VILLAGE RESIDENCES HOLLAND VILLAGE WAY 7S$2,812

By district

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

DistrictUnitsMedian S$ psf
D18483 S$1,376
D19178 S$1,379
D10103 S$2,748
D1593 S$1,673
D2379 S$1,155
D1460 S$1,653
D356 S$2,277
D2751 S$1,274
D1648 S$1,378
D546 S$1,589
D946 S$2,364
D2034 S$1,787
D2833 S$1,335
D2231 S$1,200
D1730 S$1,087
D2129 S$1,539
D425 S$1,834
D1324 S$1,674
D1123 S$2,321
D1223 S$1,687
D2523 S$1,088
D218 S$2,341
D818 S$1,632
D2615 S$1,458
D711 S$2,988
D110 S$1,896
D247 S$1,328
D65 S$3,083

Top transactions

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

ProjectTypeSaleArea m² PriceS$ psf
WINDSOR PARK JUPITER ROAD DetachedResale1998 S$29,000,000S$1,348
LANDED HOUSING DEVELOPMENT MARSHALL ROAD DetachedResale1676 S$28,500,000S$1,579
LANDED HOUSING DEVELOPMENT MARSHALL ROAD DetachedResale1676 S$28,500,000S$1,579
LANDED HOUSING DEVELOPMENT MARSHALL ROAD DetachedResale1676 S$28,500,000S$1,579
SENTOSA COVE TREASURE ISLAND DetachedResale737 S$17,050,000S$2,149
LANDED HOUSING DEVELOPMENT DUCHESS AVENUE DetachedResale502 S$14,050,000S$2,601
LANDED HOUSING DEVELOPMENT DUCHESS AVENUE DetachedResale502 S$14,050,000S$2,601
FRANKEL ESTATE BOWMONT GARDENS DetachedResale738 S$13,938,383S$1,754
PATERSON SUITES PATERSON ROAD CondominiumResale619 S$13,800,000S$2,071
BOULEVARD 88 ORCHARD BOULEVARD ApartmentSub-sale260 S$13,780,000S$4,924