PropHerald

Private Residential Report — October 2023

← September 2023 · all reports · November 2023 →

1,581 private homes changed hands in October 2023 (+5.2% vs September 2023 · -23.3% vs October 2022): 217 new sale, 150 sub-sale, 1,214 resale. The median resale price was S$1,499 psf.

At a glance

Units sold

1,581

+5.2% vs September 2023 · -23.3% vs October 2022

New sale

217

Sub-sale

150

Resale

1,214

Median resale S$ psf

S$1,499

+2.0% vs September 2023 · +8.6% vs October 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$1,600Oct '22Apr '23Oct '23Oct '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 unitsOct '23 · S$1,499 median resale psf · 1,214 resale unitsS$1,499

By region

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

RegionUnitsMedian S$ psf
CCR234 S$2,194
RCR413 S$1,905
OCR934 S$1,430

By property type

Property typeUnitsMedian S$ psf
Condominium632 S$1,627
Apartment587 S$1,893
Executive Condominium218 S$1,301
Terrace69 S$1,788
Semi-detached41 S$1,668
Detached16 S$1,841
Strata Terrace11 S$1,216
Strata Detached5 S$1,117
Strata Semi-detached2 S$1,116

Top new-sale projects

ProjectUnitsMedian S$ psf
THE RESERVE RESIDENCES JALAN ANAK BUKIT 29S$2,361
LENTOR HILLS RESIDENCES LENTOR HILLS ROAD 24S$2,116
NORTH GAIA YISHUN CLOSE 18S$1,294
GRAND DUNMAN DUNMAN ROAD 15S$2,452
KLIMT CAIRNHILL CAIRNHILL ROAD 11S$3,509
LENTOR MODERN LENTOR CENTRAL 10S$2,057
THE ARDEN PHOENIX ROAD 10S$1,831
THE LAKEGARDEN RESIDENCES YUAN CHING ROAD 8S$2,184
PINETREE HILL PINE GROVE 7S$2,476
THE MYST UPPER BUKIT TIMAH ROAD 7S$2,191

By district

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

DistrictUnitsMedian S$ psf
D19215 S$1,501
D15133 S$1,966
D27110 S$1,278
D18103 S$1,394
D23100 S$1,412
D2188 S$2,093
D579 S$1,765
D1074 S$2,104
D1467 S$1,563
D960 S$2,254
D1158 S$2,175
D1353 S$1,778
D1653 S$1,425
D350 S$2,159
D2647 S$2,067
D2044 S$1,709
D2244 S$1,421
D1235 S$1,642
D2832 S$1,386
D1730 S$1,203
D2528 S$1,130
D721 S$2,992
D417 S$1,746
D215 S$2,126
D813 S$1,464
D112 S$2,007

Top transactions

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

ProjectTypeSaleArea m² PriceS$ psf
LANDED HOUSING DEVELOPMENT KING ALBERT PARK DetachedResale1423 S$24,800,000S$1,619
BISHOPSGATE RESIDENCES BISHOPSGATE CondominiumResale565 S$22,000,000S$3,617
BISHOPSGATE RESIDENCES BISHOPSGATE CondominiumResale565 S$22,000,000S$3,617
CAPITOL PARK CHEE HOON AVENUE DetachedResale1024 S$18,500,000S$1,678
DUNEARN ESTATE BERRIMA ROAD DetachedResale596 S$17,100,000S$2,667
LANDED HOUSING DEVELOPMENT ROBIN LANE Semi-detachedResale444 S$13,600,000S$2,849
LANDED HOUSING DEVELOPMENT ROBIN LANE Semi-detachedResale444 S$13,600,000S$2,849
LANDED HOUSING DEVELOPMENT HUA GUAN AVENUE DetachedResale444 S$13,136,750S$2,750
LANDED HOUSING DEVELOPMENT HUA GUAN AVENUE DetachedResale444 S$13,136,750S$2,750
LANDED HOUSING DEVELOPMENT CORONATION ROAD WEST DetachedResale655 S$11,800,000S$1,675