PropHerald

Private Residential Report — April 2023

← March 2023 · all reports · May 2023 →

2,154 private homes changed hands in April 2023 (+3.9% vs March 2023 · -15.3% vs April 2022): 868 new sale, 96 sub-sale, 1,190 resale. The median resale price was S$1,474 psf. 2 projects recorded their first new-sale month, led by TEMBUSU GRAND (342 units).

At a glance

Units sold

2,154

+3.9% vs March 2023 · -15.3% vs April 2022

New sale

868

Sub-sale

96

Resale

1,190

Median resale S$ psf

S$1,474

-2.3% vs March 2023 · +7.7% vs April 2022

Median resale S$ psf, last 13 months

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

S$1,300S$1,450S$1,600Apr '22Oct '22Apr '23Apr '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 unitsJan '23 · S$1,407 median resale psf · 738 resale unitsFeb '23 · S$1,491 median resale psf · 1,032 resale unitsMar '23 · S$1,509 median resale psf · 1,485 resale unitsApr '23 · S$1,474 median resale psf · 1,190 resale unitsS$1,474

By region

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

RegionUnitsMedian S$ psf
CCR375 S$2,640
RCR929 S$2,393
OCR850 S$1,350

By property type

Property typeUnitsMedian S$ psf
Condominium1,047 S$2,039
Apartment777 S$2,287
Executive Condominium183 S$1,251
Terrace76 S$1,921
Semi-detached28 S$1,506
Strata Terrace19 S$863
Detached18 S$1,709
Strata Semi-detached5 S$916
Strata Detached1 S$667

New launches

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

ProjectUnitsMedian S$ psf
TEMBUSU GRAND JALAN TEMBUSU 342S$2,463
BLOSSOMS BY THE PARK SLIM BARRACKS RISE 198S$2,426

Top new-sale projects

ProjectUnitsMedian S$ psf
TEMBUSU GRAND JALAN TEMBUSU 342S$2,463
BLOSSOMS BY THE PARK SLIM BARRACKS RISE 198S$2,426
THE ATELIER MAKEWAY AVENUE 41S$2,650
LEEDON GREEN LEEDON HEIGHTS 18S$2,828
NORTH GAIA YISHUN CLOSE 17S$1,272
THE LANDMARK CHIN SWEE ROAD 17S$2,689
PULLMAN RESIDENCES NEWTON DUNEARN ROAD 16S$3,190
HYLL ON HOLLAND HOLLAND ROAD 13S$2,862
PICCADILLY GRAND NORTHUMBERLAND ROAD 12S$2,048
THE BOTANY AT DAIRY FARM DAIRY FARM WALK 12S$2,087

By district

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

DistrictUnitsMedian S$ psf
D15457 S$2,441
D5258 S$2,378
D19221 S$1,457
D10145 S$2,654
D9120 S$2,676
D23108 S$1,355
D1888 S$1,295
D1477 S$1,654
D376 S$2,310
D2774 S$1,262
D1669 S$1,379
D1153 S$2,333
D2847 S$1,361
D2046 S$1,719
D2237 S$1,258
D1336 S$1,818
D2136 S$1,785
D1233 S$1,548
D2530 S$977
D726 S$2,966
D826 S$1,944
D1725 S$1,173
D423 S$2,085
D220 S$2,206
D2615 S$1,712
D16 S$1,923
D62 S$3,347

Top transactions

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

ProjectTypeSaleArea m² PriceS$ psf
LANDED HOUSING DEVELOPMENT JALAN HARUM DetachedResale1320 S$32,800,000S$2,308
BISHOPSGATE RESIDENCES BISHOPSGATE Strata Semi-detachedResale592 S$24,900,000S$3,908
BISHOPSGATE RESIDENCES BISHOPSGATE Strata Semi-detachedResale592 S$24,900,000S$3,908
LANDED HOUSING DEVELOPMENT PATERSON HILL DetachedResale975 S$24,000,000S$2,288
CHIP HOCK GARDENS FARRER ROAD DetachedResale747 S$18,500,000S$2,301
SCULPTURA ARDMORE ARDMORE PARK CondominiumResale333 S$18,000,000S$5,022
HILLCREST PARK GREENDALE AVENUE DetachedResale649 S$15,750,000S$2,256
LANDED HOUSING DEVELOPMENT DYSON ROAD DetachedNew sale483 S$15,585,000S$3,000
LANDED HOUSING DEVELOPMENT DYSON ROAD DetachedNew sale483 S$15,585,000S$3,000
LANDED HOUSING DEVELOPMENT DYSON ROAD DetachedNew sale483 S$15,585,000S$3,000