PropHerald

Private Residential Report — March 2024

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2,198 private homes changed hands in March 2024 (+64.4% vs February 2024 · +6.0% vs March 2023): 822 new sale, 102 sub-sale, 1,274 resale. The median resale price was S$1,585 psf. 2 projects recorded their first new-sale month, led by LENTOR MANSION (403 units).

At a glance

Units sold

2,198

+64.4% vs February 2024 · +6.0% vs March 2023

New sale

822

Sub-sale

102

Resale

1,274

Median resale S$ psf

S$1,585

+0.3% vs February 2024 · +5.0% vs March 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$1,600Mar '23Sep '23Mar '24Mar '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 unitsMar '24 · S$1,585 median resale psf · 1,274 resale unitsS$1,585

By region

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

RegionUnitsMedian S$ psf
CCR270 S$2,387
RCR430 S$1,960
OCR1,498 S$1,752

By property type

Property typeUnitsMedian S$ psf
Apartment934 S$2,228
Condominium813 S$1,768
Executive Condominium262 S$1,387
Terrace94 S$2,066
Semi-detached59 S$1,862
Strata Terrace16 S$968
Detached16 S$1,663
Strata Semi-detached4 S$922

New launches

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

ProjectUnitsMedian S$ psf
LENTOR MANSION LENTOR GARDENS 403S$2,269
LENTORIA LENTOR HILLS ROAD 60S$2,129

Top new-sale projects

ProjectUnitsMedian S$ psf
LENTOR MANSION LENTOR GARDENS 403S$2,269
LUMINA GRAND BUKIT BATOK WEST AVENUE 5 77S$1,528
LENTORIA LENTOR HILLS ROAD 60S$2,129
THE BOTANY AT DAIRY FARM DAIRY FARM WALK 28S$2,033
LENTOR HILLS RESIDENCES LENTOR HILLS ROAD 27S$2,114
GRAND DUNMAN DUNMAN ROAD 26S$2,472
NORTH GAIA YISHUN CLOSE 19S$1,341
HILLHAVEN HILLVIEW RISE 16S$2,074
THE MYST UPPER BUKIT TIMAH ROAD 13S$1,996
19 NASSIM NASSIM HILL 12S$3,319

By district

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

DistrictUnitsMedian S$ psf
D26517 S$2,258
D19227 S$1,597
D23225 S$1,534
D15167 S$2,103
D10140 S$2,856
D18113 S$1,422
D2782 S$1,285
D580 S$1,889
D1460 S$1,642
D357 S$2,176
D1657 S$1,508
D2049 S$1,798
D2849 S$1,360
D2147 S$2,076
D945 S$2,226
D1142 S$2,235
D2242 S$1,395
D1234 S$1,751
D1331 S$1,802
D1730 S$1,186
D2524 S$1,134
D120 S$2,098
D220 S$2,217
D417 S$1,858
D714 S$2,106
D89 S$1,484

Top transactions

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

ProjectTypeSaleArea m² PriceS$ psf
LANDED HOUSING DEVELOPMENT FORD AVENUE DetachedResale1817 S$39,500,000S$2,020
HILLCREST PARK GREENDALE AVENUE DetachedResale601 S$22,880,000S$3,535
BRADDELL HEIGHTS ESTATE SERANGOON AVENUE 3 DetachedResale1170 S$18,800,000S$1,493
MARINA ONE RESIDENCES MARINA WAY ApartmentResale772 S$18,000,000S$2,166
SELETAR HILLS ESTATE JALAN ANTOI DetachedResale948 S$13,530,000S$1,326
BRADDELL HEIGHTS ESTATE SERANGOON AVENUE 3 DetachedResale892 S$13,500,000S$1,407
DUNEARN ESTATE BERRIMA ROAD DetachedResale445 S$12,680,000S$2,645
LANDED HOUSING DEVELOPMENT BRANKSOME ROAD Semi-detachedResale498 S$11,880,000S$2,214
LANDED HOUSING DEVELOPMENT BRANKSOME ROAD Semi-detachedResale498 S$11,880,000S$2,214
WATTEN HOUSE SHELFORD ROAD CondominiumNew sale317 S$11,828,000S$3,466