PropHerald

Private Residential Report — June 2023

← May 2023 · all reports · July 2023 →

1,537 private homes changed hands in June 2023 (-39.2% vs May 2023 · -27.6% vs June 2022): 279 new sale, 91 sub-sale, 1,167 resale. The median resale price was S$1,496 psf.

At a glance

Units sold

1,537

-39.2% vs May 2023 · -27.6% vs June 2022

New sale

279

Sub-sale

91

Resale

1,167

Median resale S$ psf

S$1,496

+0.9% vs May 2023 · +7.0% vs June 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$1,600Jun '22Dec '22Jun '23Jun '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 unitsMay '23 · S$1,482 median resale psf · 1,419 resale unitsJun '23 · S$1,496 median resale psf · 1,167 resale unitsS$1,496

By region

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

RegionUnitsMedian S$ psf
CCR294 S$2,220
RCR509 S$1,884
OCR734 S$1,360

By property type

Property typeUnitsMedian S$ psf
Condominium602 S$1,620
Apartment601 S$1,859
Executive Condominium154 S$1,282
Terrace70 S$1,809
Strata Semi-detached42 S$995
Semi-detached33 S$1,416
Detached23 S$1,940
Strata Terrace10 S$862
Strata Detached2 S$656

Top new-sale projects

ProjectUnitsMedian S$ psf
THE RESERVE RESIDENCES JALAN ANAK BUKIT 77S$2,646
LEEDON GREEN LEEDON HEIGHTS 13S$2,883
VAN HOLLAND HOLLAND ROAD 13S$2,692
NORTH GAIA YISHUN CLOSE 12S$1,285
THE ATELIER MAKEWAY AVENUE 12S$2,686
GRANGE 1866 GRANGE ROAD 8S$3,013
LAVENDER RESIDENCE LAVENDER STREET 8S$1,972
PICCADILLY GRAND NORTHUMBERLAND ROAD 8S$2,041
PULLMAN RESIDENCES NEWTON DUNEARN ROAD 8S$3,168
HYLL ON HOLLAND HOLLAND ROAD 7S$2,899

By district

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

DistrictUnitsMedian S$ psf
D19170 S$1,460
D10147 S$2,181
D15130 S$1,840
D21114 S$2,559
D23106 S$1,369
D1891 S$1,302
D2775 S$1,276
D1470 S$1,607
D962 S$2,478
D1661 S$1,307
D760 S$1,628
D555 S$1,683
D353 S$2,153
D1142 S$2,153
D2042 S$1,852
D1240 S$1,694
D1340 S$1,819
D2837 S$1,414
D2228 S$1,246
D820 S$1,869
D2519 S$1,042
D418 S$1,781
D1718 S$1,153
D116 S$1,918
D213 S$2,196
D2610 S$1,738

Top transactions

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

ProjectTypeSaleArea m² PriceS$ psf
LES MAISONS NASSIM NASSIM ROAD CondominiumNew sale574 S$32,748,700S$5,300
LES MAISONS NASSIM NASSIM ROAD CondominiumNew sale566 S$30,764,600S$5,050
RAFFLES PARK ASH GROVE DetachedResale1051 S$24,000,000S$2,121
OEI TIONG HAM PARK JALAN HARUM DetachedResale811 S$22,800,000S$2,613
HONG KONG PARK HUA GUAN AVENUE DetachedResale891 S$20,300,000S$2,116
FRANKEL ESTATE BOWMONT GARDENS DetachedResale1027 S$18,500,000S$1,674
LANDED HOUSING DEVELOPMENT CHANCERY LANE DetachedResale731 S$16,600,000S$2,111
LANDED HOUSING DEVELOPMENT CHANCERY LANE DetachedResale731 S$16,600,000S$2,111
LANDED HOUSING DEVELOPMENT CHANCERY LANE DetachedResale731 S$16,600,000S$2,111
LANDED HOUSING DEVELOPMENT KEW DRIVE DetachedResale1336 S$16,300,000S$1,134