PropHerald

Private Residential Report — December 2023

← November 2023 · all reports · January 2024 →

1,358 private homes changed hands in December 2023 (-35.2% vs November 2023 · -15.1% vs December 2022): 155 new sale, 152 sub-sale, 1,051 resale. The median resale price was S$1,517 psf.

At a glance

Units sold

1,358

-35.2% vs November 2023 · -15.1% vs December 2022

New sale

155

Sub-sale

152

Resale

1,051

Median resale S$ psf

S$1,517

-3.7% vs November 2023 · +7.0% vs December 2022

Median resale S$ psf, last 13 months

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

S$1,400S$1,500S$1,600Dec '22Jun '23Dec '23Dec '22 · S$1,418 median resale psf · 944 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$1,510 median resale psf · 1,486 resale unitsApr '23 · S$1,474 median resale psf · 1,190 resale unitsMay '23 · S$1,482 median resale psf · 1,417 resale unitsJun '23 · S$1,496 median resale psf · 1,168 resale unitsJul '23 · S$1,515 median resale psf · 1,237 resale unitsAug '23 · S$1,492 median resale psf · 1,302 resale unitsSep '23 · S$1,470 median resale psf · 1,066 resale unitsOct '23 · S$1,498 median resale psf · 1,211 resale unitsNov '23 · S$1,575 median resale psf · 1,179 resale unitsDec '23 · S$1,517 median resale psf · 1,051 resale unitsS$1,517

By region

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

RegionUnitsMedian S$ psf
CCR167 S$2,146
RCR371 S$1,963
OCR820 S$1,441

By property type

Property typeUnitsMedian S$ psf
Condominium562 S$1,665
Apartment487 S$1,887
Executive Condominium188 S$1,314
Terrace64 S$1,955
Semi-detached30 S$1,544
Strata Terrace13 S$996
Detached8 S$1,884
Strata Semi-detached6 S$917

Top new-sale projects

ProjectUnitsMedian S$ psf
THE CONTINUUM THIAM SIEW AVENUE 17S$2,775
HILLOCK GREEN LENTOR CENTRAL 13S$2,116
THE LANDMARK CHIN SWEE ROAD 11S$2,853
NORTH GAIA YISHUN CLOSE 9S$1,298
THE MYST UPPER BUKIT TIMAH ROAD 8S$2,166
GRAND DUNMAN DUNMAN ROAD 7S$2,503
J'DEN JURONG EAST CENTRAL 1 7S$2,577
LENTOR MODERN LENTOR CENTRAL 7S$2,125
LENTOR HILLS RESIDENCES LENTOR HILLS ROAD 6S$2,033
MIDTOWN MODERN TAN QUEE LAN STREET 6S$2,882

By district

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

DistrictUnitsMedian S$ psf
D19216 S$1,462
D15104 S$1,870
D2397 S$1,439
D1890 S$1,439
D588 S$1,940
D2777 S$1,279
D1063 S$2,098
D357 S$2,254
D1656 S$1,488
D2152 S$1,936
D1447 S$1,632
D2044 S$1,877
D1343 S$1,899
D2242 S$1,382
D2639 S$2,035
D1235 S$1,728
D933 S$2,190
D1133 S$2,161
D2829 S$1,370
D2523 S$1,053
D420 S$1,844
D1716 S$1,198
D214 S$2,336
D814 S$1,735
D713 S$2,747
D112 S$2,166
D61 S$3,159

Top transactions

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

ProjectTypeSaleArea m² PriceS$ psf
LANDED HOUSING DEVELOPMENT EAST COAST TERRACE Semi-detachedSub-sale1051 S$15,000,000S$1,326
LANDED HOUSING DEVELOPMENT EAST COAST TERRACE Semi-detachedSub-sale1051 S$15,000,000S$1,326
LANDED HOUSING DEVELOPMENT EAST COAST TERRACE Semi-detachedSub-sale1051 S$15,000,000S$1,326
WATTEN HOUSE SHELFORD ROAD CondominiumNew sale379 S$14,391,000S$3,528
WATTEN HOUSE SHELFORD ROAD CondominiumNew sale379 S$14,157,000S$3,470
LANDED HOUSING DEVELOPMENT PEARL ISLAND DetachedResale609 S$13,660,000S$2,084
FOUR SEASONS PARK CUSCADEN WALK CondominiumResale355 S$12,500,000S$3,271
EDEN PARK CHERRY AVENUE DetachedResale485 S$11,800,000S$2,258
THE CLAYMORE CLAYMORE ROAD CondominiumResale311 S$11,680,000S$3,489
LANDED HOUSING DEVELOPMENT WAREHAM ROAD DetachedResale487 S$11,338,000S$2,164