PropHerald

Private Residential Report — September 2023

← August 2023 · all reports · October 2023 →

1,503 private homes changed hands in September 2023 (-26.3% vs August 2023 · -40.9% vs September 2022): 320 new sale, 117 sub-sale, 1,066 resale. The median resale price was S$1,470 psf.

At a glance

Units sold

1,503

-26.3% vs August 2023 · -40.9% vs September 2022

New sale

320

Sub-sale

117

Resale

1,066

Median resale S$ psf

S$1,470

-1.5% vs August 2023 · +3.9% vs September 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$1,600Sep '22Mar '23Sep '23Sep '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 unitsAug '23 · S$1,493 median resale psf · 1,301 resale unitsSep '23 · S$1,470 median resale psf · 1,066 resale unitsS$1,470

By region

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

RegionUnitsMedian S$ psf
CCR216 S$2,250
RCR383 S$1,885
OCR904 S$1,419

By property type

Property typeUnitsMedian S$ psf
Condominium569 S$1,621
Apartment507 S$1,885
Executive Condominium274 S$1,360
Terrace89 S$2,028
Semi-detached33 S$1,905
Detached15 S$1,368
Strata Terrace11 S$958
Strata Semi-detached4 S$883
Strata Detached1 S$1,149

Top new-sale projects

ProjectUnitsMedian S$ psf
ALTURA BUKIT BATOK WEST AVENUE 8 91S$1,476
PULLMAN RESIDENCES NEWTON DUNEARN ROAD 19S$3,258
LENTOR HILLS RESIDENCES LENTOR HILLS ROAD 17S$2,231
GRAND DUNMAN DUNMAN ROAD 16S$2,570
NORTH GAIA YISHUN CLOSE 14S$1,332
THE RESERVE RESIDENCES JALAN ANAK BUKIT 11S$2,446
THE MYST UPPER BUKIT TIMAH ROAD 10S$2,121
THE CONTINUUM THIAM SIEW AVENUE 9S$2,808
ONE BERNAM BERNAM STREET 8S$2,666
POLLEN COLLECTION POLLEN WALK 8S$2,185

By district

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

DistrictUnitsMedian S$ psf
D19228 S$1,432
D23189 S$1,464
D15132 S$2,017
D1888 S$1,350
D2782 S$1,296
D1077 S$2,082
D1666 S$1,431
D1158 S$2,308
D555 S$1,900
D1455 S$1,656
D2053 S$1,827
D2149 S$1,720
D348 S$2,192
D2845 S$1,354
D942 S$2,356
D1341 S$1,825
D2235 S$1,334
D1229 S$1,599
D2627 S$2,124
D1723 S$1,250
D2520 S$1,120
D217 S$2,567
D716 S$3,013
D111 S$1,951
D89 S$1,900
D48 S$1,799

Top transactions

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

ProjectTypeSaleArea m² PriceS$ psf
GOODWOOD RESIDENCE BUKIT TIMAH ROAD CondominiumResale995 S$32,000,000S$2,988
JERVOISVILLE JERVOIS ROAD DetachedResale1082 S$21,020,000S$1,805
DUNEARN ESTATE BERRIMA ROAD DetachedResale451 S$18,000,888S$3,706
LANDED HOUSING DEVELOPMENT PALM ROAD DetachedResale1319 S$16,100,000S$1,134
LANDED HOUSING DEVELOPMENT PALM ROAD DetachedResale1319 S$16,100,000S$1,134
SHAMROCK PARK NAMLY AVENUE DetachedResale610 S$14,500,000S$2,208
NASSIM PARK RESIDENCES NASSIM ROAD CondominiumResale323 S$14,000,000S$4,027
LANDED HOUSING DEVELOPMENT BUCKLEY ROAD Semi-detachedResale456 S$12,280,000S$2,504
DUKE'S GARDEN PRINCESS OF WALES ROAD Semi-detachedResale351 S$12,200,000S$3,233
HILLCREST PARK GREENDALE AVENUE Semi-detachedResale337 S$11,580,000S$3,189