Private Residential Report — January 2024

← December 2023 · all reports · February 2024 →

1,750 private homes changed hands in January 2024 (+29.0% vs December 2023 · +33.9% vs January 2023): 555 new sale, 123 sub-sale, 1,072 resale. The median resale price was S$1,495 psf. 3 projects recorded their first new-sale month, led by LUMINA GRAND (228 units).

At a glance

Units sold

1,750

+29.0% vs December 2023 · +33.9% vs January 2023

New sale

555

Sub-sale

123

Resale

1,072

Median resale S$ psf

S$1,495

-1.5% vs December 2023 · +6.3% vs January 2023

Median resale S$ psf, last 13 months

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

S$1,400S$1,500S$1,600Jan '23Jul '23Jan '24Jan '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 unitsNov '23 · S$1,573 median resale psf · 1,177 resale unitsDec '23 · S$1,517 median resale psf · 1,051 resale unitsJan '24 · S$1,495 median resale psf · 1,072 resale unitsS$1,495

By region

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

RegionUnitsMedian S$ psf
CCR193 S$2,150
RCR385 S$2,055
OCR1,172 S$1,513

By property type

Property typeUnitsMedian S$ psf
Condominium660 S$1,685
Apartment519 S$1,937
Executive Condominium419 S$1,483
Terrace74 S$2,048
Semi-detached39 S$1,535
Strata Terrace18 S$967
Detached18 S$1,724
Strata Semi-detached2 S$1,070
Strata Detached1 S$629

New launches

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

ProjectUnitsMedian S$ psf
LUMINA GRAND BUKIT BATOK WEST AVENUE 5 228S$1,527
HILLHAVEN HILLVIEW RISE 59S$2,067
THE ARCADY AT BOON KENG SAINT BARNABAS LANE 44S$2,575

Top new-sale projects

ProjectUnitsMedian S$ psf
LUMINA GRAND BUKIT BATOK WEST AVENUE 5 228S$1,527
HILLHAVEN HILLVIEW RISE 59S$2,067
THE ARCADY AT BOON KENG SAINT BARNABAS LANE 44S$2,575
THE MYST UPPER BUKIT TIMAH ROAD 21S$2,212
HILLOCK GREEN LENTOR CENTRAL 18S$2,150
NORTH GAIA YISHUN CLOSE 18S$1,303
THE LANDMARK CHIN SWEE ROAD 17S$2,610
PINETREE HILL PINE GROVE 14S$2,450
LENTOR HILLS RESIDENCES LENTOR HILLS ROAD 13S$2,130
ALTURA BUKIT BATOK WEST AVENUE 8 12S$1,492

By district

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

DistrictUnitsMedian S$ psf
D23411 S$1,532
D19215 S$1,452
D15112 S$1,729
D2787 S$1,288
D1883 S$1,388
D577 S$1,827
D1277 S$2,506
D1075 S$2,100
D1463 S$1,597
D1660 S$1,487
D2153 S$2,062
D2651 S$2,079
D345 S$2,288
D943 S$2,273
D1140 S$2,212
D2039 S$1,709
D1338 S$1,827
D2838 S$1,441
D2233 S$1,530
D1722 S$1,185
D421 S$1,718
D2518 S$1,081
D217 S$2,087
D116 S$1,901
D811 S$1,654
D75 S$3,101

Top transactions

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

ProjectTypeSaleArea m² PriceS$ psf
LANDED HOUSING DEVELOPMENT GALLOP PARK ROAD DetachedResale1196 S$26,500,000S$2,059
LANDED HOUSING DEVELOPMENT GALLOP PARK ROAD DetachedResale1196 S$26,500,000S$2,059
DUNEARN ESTATE BERRIMA ROAD DetachedResale466 S$17,500,000S$3,491
THE RITZ-CARLTON RESIDENCES SINGAPORE CAIRNHILL CAIRNHILL ROAD ApartmentResale284 S$16,500,000S$5,398
THE RITZ-CARLTON RESIDENCES SINGAPORE CAIRNHILL CAIRNHILL ROAD ApartmentResale284 S$16,500,000S$5,398
LANDED HOUSING DEVELOPMENT WILKINSON ROAD Semi-detachedResale613 S$15,200,000S$2,303
LANDED HOUSING DEVELOPMENT WILKINSON ROAD Semi-detachedResale613 S$15,200,000S$2,303
LANDED HOUSING DEVELOPMENT EAST COAST TERRACE DetachedNew sale808 S$15,000,000S$1,724
LANDED HOUSING DEVELOPMENT EAST COAST TERRACE DetachedNew sale808 S$15,000,000S$1,724
LANDED HOUSING DEVELOPMENT EAST COAST TERRACE DetachedNew sale808 S$15,000,000S$1,724