PropHerald

Private Residential Report — February 2024

← January 2024 · all reports · March 2024 →

1,337 private homes changed hands in February 2024 (-23.6% vs January 2024 · -12.7% vs February 2023): 181 new sale, 128 sub-sale, 1,028 resale. The median resale price was S$1,581 psf.

At a glance

Units sold

1,337

-23.6% vs January 2024 · -12.7% vs February 2023

New sale

181

Sub-sale

128

Resale

1,028

Median resale S$ psf

S$1,581

+5.8% vs January 2024 · +6.0% vs February 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$1,600Feb '23Aug '23Feb '24Feb '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 unitsFeb '24 · S$1,581 median resale psf · 1,028 resale unitsS$1,581

By region

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

RegionUnitsMedian S$ psf
CCR222 S$2,251
RCR387 S$1,888
OCR728 S$1,453

By property type

Property typeUnitsMedian S$ psf
Condominium580 S$1,663
Apartment479 S$1,980
Executive Condominium154 S$1,319
Terrace56 S$1,912
Semi-detached26 S$1,737
Detached20 S$1,513
Strata Terrace16 S$894
Strata Semi-detached6 S$1,019

Top new-sale projects

ProjectUnitsMedian S$ psf
LUMINA GRAND BUKIT BATOK WEST AVENUE 5 13S$1,474
NORTH GAIA YISHUN CLOSE 12S$1,327
BLOSSOMS BY THE PARK SLIM BARRACKS RISE 10S$2,585
GRAND DUNMAN DUNMAN ROAD 10S$2,531
PINETREE HILL PINE GROVE 10S$2,467
THE BOTANY AT DAIRY FARM DAIRY FARM WALK 10S$2,038
HILLHAVEN HILLVIEW RISE 8S$2,058
HILLOCK GREEN LENTOR CENTRAL 8S$2,242
LENTOR HILLS RESIDENCES LENTOR HILLS ROAD 8S$2,098
THE MYST UPPER BUKIT TIMAH ROAD 7S$2,202

By district

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

DistrictUnitsMedian S$ psf
D19158 S$1,593
D23115 S$1,473
D15114 S$1,853
D10100 S$2,221
D598 S$1,960
D2779 S$1,279
D1871 S$1,425
D1462 S$1,645
D957 S$2,409
D2055 S$1,742
D2149 S$2,117
D1643 S$1,513
D339 S$2,221
D1336 S$1,842
D1232 S$1,664
D1131 S$2,308
D2628 S$2,064
D2226 S$1,203
D2826 S$1,397
D224 S$2,188
D1723 S$1,187
D2522 S$1,167
D418 S$1,749
D715 S$2,033
D89 S$1,826
D17 S$2,104

Top transactions

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

ProjectTypeSaleArea m² PriceS$ psf
LANDED HOUSING DEVELOPMENT GARLICK AVENUE DetachedResale961 S$19,500,000S$1,885
LANDED HOUSING DEVELOPMENT GARLICK AVENUE DetachedResale961 S$19,500,000S$1,885
LANDED HOUSING DEVELOPMENT KINGSMEAD ROAD DetachedResale643 S$17,420,000S$2,516
LANDED HOUSING DEVELOPMENT SUNDRIDGE PARK ROAD DetachedResale1327 S$16,800,000S$1,176
LANDED HOUSING DEVELOPMENT OCEAN DRIVE DetachedResale806 S$16,000,000S$1,844
GREEN HILL ESTATE CHESTNUT CLOSE DetachedResale1350 S$15,500,000S$1,067
LANDED HOUSING DEVELOPMENT BERRIMA ROAD DetachedResale426 S$14,300,000S$3,120
BRADDELL HEIGHTS ESTATE SERANGOON AVENUE 3 DetachedResale950 S$14,200,000S$1,389
HILLTOPS CAIRNHILL CIRCLE CondominiumResale267 S$13,049,000S$4,540
ARDMORE PARK ARDMORE PARK CondominiumResale268 S$12,900,000S$4,472