PropHerald

Private Residential Report — July 2023

← June 2023 · all reports · August 2023 →

2,765 private homes changed hands in July 2023 (+79.9% vs June 2023 · -6.8% vs July 2022): 1,408 new sale, 118 sub-sale, 1,239 resale. The median resale price was S$1,515 psf. 3 projects recorded their first new-sale month, led by GRAND DUNMAN (535 units).

At a glance

Units sold

2,765

+79.9% vs June 2023 · -6.8% vs July 2022

New sale

1,408

Sub-sale

118

Resale

1,239

Median resale S$ psf

S$1,515

+1.3% vs June 2023 · +8.7% vs July 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$1,600Jul '22Jan '23Jul '23Jul '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 unitsJul '23 · S$1,515 median resale psf · 1,239 resale unitsS$1,515

By region

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

RegionUnitsMedian S$ psf
RCR1,137 S$2,432
CCR276 S$2,310
OCR1,352 S$1,631

By property type

Property typeUnitsMedian S$ psf
Apartment1,447 S$2,265
Condominium898 S$1,858
Executive Condominium229 S$1,283
Terrace88 S$1,963
Semi-detached73 S$1,782
Detached15 S$1,066
Strata Terrace8 S$913
Strata Semi-detached5 S$1,000
Strata Detached2 S$680

New launches

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

ProjectUnitsMedian S$ psf
GRAND DUNMAN DUNMAN ROAD 535S$2,519
LENTOR HILLS RESIDENCES LENTOR HILLS ROAD 330S$2,107
PINETREE HILL PINE GROVE 128S$2,358

Top new-sale projects

ProjectUnitsMedian S$ psf
GRAND DUNMAN DUNMAN ROAD 535S$2,519
LENTOR HILLS RESIDENCES LENTOR HILLS ROAD 330S$2,107
PINETREE HILL PINE GROVE 128S$2,358
THE MYST UPPER BUKIT TIMAH ROAD 124S$2,056
THE CONTINUUM THIAM SIEW AVENUE 41S$2,759
NORTH GAIA YISHUN CLOSE 36S$1,291
ONE PEARL BANK PEARL BANK 19S$2,805
TENET TAMPINES STREET 62 19S$1,425
THE RESERVE RESIDENCES JALAN ANAK BUKIT 19S$2,565
LEEDON GREEN LEEDON HEIGHTS 14S$2,827

By district

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

DistrictUnitsMedian S$ psf
D15707 S$2,497
D26347 S$2,099
D23226 S$1,968
D19223 S$1,470
D21189 S$2,337
D10125 S$2,382
D27110 S$1,271
D1899 S$1,380
D1484 S$1,665
D1672 S$1,459
D968 S$2,495
D567 S$1,732
D360 S$2,272
D1347 S$1,872
D2043 S$1,701
D1141 S$1,996
D2840 S$1,519
D2239 S$1,186
D833 S$1,822
D1232 S$1,664
D1730 S$1,144
D224 S$2,332
D2519 S$1,053
D415 S$1,820
D713 S$2,055
D111 S$2,181
D61 S$3,102

Top transactions

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

ProjectTypeSaleArea m² PriceS$ psf
CALDECOTT HILL ESTATE ANDREW ROAD DetachedResale1016 S$22,250,000S$2,036
BEVERLY HILL GRANGE ROAD CondominiumResale702 S$18,000,000S$2,382
WATTEN ESTATE DUNEARN ROAD DetachedSub-sale875 S$15,600,000S$1,657
LANDED HOUSING DEVELOPMENT LIM TAI SEE WALK DetachedResale752 S$15,000,000S$1,852
LANDED HOUSING DEVELOPMENT LIM TAI SEE WALK DetachedResale752 S$15,000,000S$1,852
ARDMORE PARK ARDMORE PARK CondominiumResale268 S$12,800,000S$4,437
RESIDENTIAL APARTMENTS RIVER VALLEY ROAD ApartmentResale196 S$11,750,000S$5,569
RESIDENTIAL APARTMENTS RIVER VALLEY ROAD ApartmentResale192 S$11,500,000S$5,553
DUCHESS GARDEN DUCHESS AVENUE Semi-detachedResale539 S$10,700,000S$1,844
MCMAHON PARK HOLLAND ROAD Semi-detachedResale330 S$10,380,000S$2,926