PropHerald

Private Residential Report — May 2024

← April 2024 · all reports · June 2024 →

2,017 private homes changed hands in May 2024 (-6.0% vs April 2024 · -20.2% vs May 2023): 245 new sale, 123 sub-sale, 1,649 resale. The median resale price was S$1,573 psf.

At a glance

Units sold

2,017

-6.0% vs April 2024 · -20.2% vs May 2023

New sale

245

Sub-sale

123

Resale

1,649

Median resale S$ psf

S$1,573

-3.8% vs April 2024 · +6.1% vs May 2023

Median resale S$ psf, last 13 months

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

S$1,400S$1,550S$1,700May '23Nov '23May '24May '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 unitsApr '24 · S$1,635 median resale psf · 1,649 resale unitsMay '24 · S$1,573 median resale psf · 1,649 resale unitsS$1,573

By region

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

RegionUnitsMedian S$ psf
CCR283 S$2,121
RCR516 S$1,883
OCR1,218 S$1,463

By property type

Property typeUnitsMedian S$ psf
Condominium934 S$1,686
Apartment613 S$1,903
Executive Condominium257 S$1,354
Terrace98 S$2,108
Semi-detached64 S$1,587
Detached31 S$1,637
Strata Terrace13 S$896
Strata Semi-detached4 S$843
Strata Detached3 S$864

Top new-sale projects

ProjectUnitsMedian S$ psf
LENTOR HILLS RESIDENCES LENTOR HILLS ROAD 25S$2,164
HILLHAVEN HILLVIEW RISE 23S$2,099
LUMINA GRAND BUKIT BATOK WEST AVENUE 5 17S$1,528
NORTH GAIA YISHUN CLOSE 17S$1,341
HILLOCK GREEN LENTOR CENTRAL 16S$2,187
THE MYST UPPER BUKIT TIMAH ROAD 16S$2,162
THE BOTANY AT DAIRY FARM DAIRY FARM WALK 15S$1,976
THE LANDMARK CHIN SWEE ROAD 13S$2,876
LENTOR MANSION LENTOR GARDENS 11S$2,229
LENTORIA LENTOR HILLS ROAD 10S$2,148

By district

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

DistrictUnitsMedian S$ psf
D19287 S$1,509
D23204 S$1,516
D15166 S$1,876
D18135 S$1,416
D5109 S$1,844
D10104 S$2,245
D2792 S$1,301
D1489 S$1,711
D1683 S$1,421
D2678 S$2,157
D971 S$2,251
D368 S$2,223
D2060 S$1,697
D2854 S$1,442
D450 S$1,805
D1150 S$2,060
D1246 S$1,638
D2143 S$1,725
D2243 S$1,398
D1341 S$1,816
D1735 S$1,192
D2534 S$1,161
D824 S$1,664
D121 S$2,032
D218 S$2,266
D712 S$2,153

Top transactions

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

ProjectTypeSaleArea m² PriceS$ psf
SKYWATERS RESIDENCES PRINCE EDWARD ROAD ApartmentNew sale721 S$47,342,000S$6,100
KIM LIN PARK JALAN ARNAP DetachedResale976 S$32,500,888S$3,093
MING TECK PARK MING TECK PARK DetachedResale856 S$27,500,000S$2,985
DUNEARN ESTATE BERRIMA ROAD DetachedResale925 S$24,880,000S$2,500
LANDED HOUSING DEVELOPMENT FERNHILL CRESCENT DetachedResale767 S$22,250,000S$2,696
LANDED HOUSING DEVELOPMENT FERNHILL CRESCENT DetachedResale767 S$22,250,000S$2,696
CLEMENTI GREEN CLEMENTI CRESCENT DetachedResale882 S$18,800,000S$1,981
LANDED HOUSING DEVELOPMENT FIFTH AVENUE DetachedResale935 S$15,012,888S$1,491
BRADDELL HEIGHTS ESTATE SERANGOON AVENUE 3 DetachedResale948 S$14,180,000S$1,390
LANDED HOUSING DEVELOPMENT POOLE ROAD DetachedResale434 S$14,180,000S$3,039