Issue 001June 24, 2026

District 02 Pulse | May 2026 | Tanjong Pagar / Anson

District 02 Pulse May 2026
Roncasa ▪ Data Pulse District 02 · Tanjong Pagar / Anson Verified as of 19 Jul 2026 May 2026
◆ Balanced Market◆ Sellers Hold Leverage◆ Stable Rental Market
Median PSF · May 2026
$2,082 ▲ +4.0% MoM
Resale Caveats
21
▲ 23.5% vs prior mth
vs CCR Median
-5.6%
▲ $2,205 base
District Rank
#3 / 28
CCR by PSF

District 02 is trading about 6% below the wider CCR median — that gap is worth understanding before you make a move here.

Transaction volume picked up in District 02 in May 2026, with 21 resale caveats compared to 17 in April. Month-on-month, the district median PSF edged up 4.0% to $2,082 — a constructive signal for sellers. The district sits below the CCR region median of $2,205 psf (-5.6%).

$2,082
Median PSF
21
Resale Caveats
#3
District Rank

Verified as of 19 Jul 2026 · Latest URA data through May 2026

01District Context
$1,665$1,983$2,301MarAprMay$2,082 ↑4.0%DistrictOCRIsland Wide

District 02 vs OCR vs Island Wide — Median PSF, last 3 months. Source: URA REALIS.

Metric District 02 CCR Region Island Wide
Median PSF $2,082 $2,205 $1,719
Caveats 21 197 1,173
vs D02 +5.9% -17.4%
District 02$2,082CCR Region$2,205Island Wide$1,719

District 02 ranks #3 of 28 CCR districts by median PSF this month. Island Wide spans all districts and market segments, including a small number of legacy-labeled caveats. Source: URA REALIS.

3-Month Trend

Month Caveats Median PSF MoM
Mar 2026 11 $2,035 -1.5%
Apr 2026 17 $2,002 -1.6%
May 2026 21 $2,082 +4.0%

Over the 3 months to May 2026, District 02's median PSF has climbed (+2.3%), while caveat volume grew.

Condo & EC resale only. Source: URA REALIS.

02ResaleMay 2026

The $2,082 median PSF represents a 4.0% gain against April's $2,002. Caveat count rose 24% from 17 to 21. Figures cover condo and EC resale only — landed and strata-landed are excluded as their per-sqft dynamics differ materially from the strata market. If you're a seller, this month's data supports holding asking price.

Top Projects by Volume

Project Caveats Share Median PSF vs D02
Icon 4 19% $1,863 -10.5%
Altez 3 14% $2,259 +8.5%
The Beacon 2 10% $1,822 -12.5%
76 Shenton 2 10% $1,960 -5.9%
Eon Shenton 2 10% $2,148 +3.2%
All other projects 8 38%

Icon led with 4 caveats (19% of all district resale) at a median $1,863 psf — 11% below the district median. Altez and The Beacon followed with 3 and 2 caveats respectively. Concentration in a few projects usually signals strong secondary-market liquidity — these PSF figures are your most current real-world price anchors. Concentrated activity at one project means better price discovery there than anywhere else in the district right now.

Top 5 projects by caveat count. Source: URA REALIS.

Type Caveats Share Median PSF MoM PSF
Studio 0 No resale caveats lodged in the past 12 months for this size.
1-Bed 6 29% $2,265 +13.2%
2-Bed 14 67% $1,896 +3.5%
3-Bed (est.) 1 $1,130 12-mo avg · 17 caveats
4-Bed+ 0 Too few resale caveats over the past 12 months to report a reliable figure (1 in the past year).
Type Caveats Share Median PSF MoM PSF
1-Bed 6 29% $2,265 +13.2%

Top Projects — 1-Bed

Project Caveats Share of Bucket Median PSF
76 Shenton 1 16.7% $2,082
Lumiere 1 16.7% $1,622
Skysuites@anson 1 16.7% $2,459
Type Caveats Share Median PSF MoM PSF
2-Bed 14 67% $1,896 +3.5%

Top Projects — 2-Bed

Project Caveats Share of Bucket Median PSF
Icon 4 28.6% $1,863
Altez 2 14.3% $2,212
Eon Shenton 2 14.3% $2,148
Type Caveats Share Median PSF MoM PSF
3-Bed (est.) 1 $1,130 12-mo avg · 17 caveats

Top Projects — 3-Bed

Project Caveats Share of Bucket Median PSF
Altez 1 100.0% $2,434
Type Caveats Share Median PSF MoM PSF
4-Bed+ 0 Too few resale caveats over the past 12 months to report a reliable figure (1 in the past year).

Top Projects — 4-Bed+

Project Caveats Share of Bucket Median PSF
No caveats for 4-Bed+ this month.

2-Bed units led resale activity in May 2026, accounting for 14 of 21 caveats (67%) at a median $1,896 psf. That segment's PSF moved 3.5% up month-on-month — worth tracking if you're targeting this size.

Type matched from Roncasa unit-mix database where available; others inferred from unit size. Source: URA REALIS + Roncasa unit mix.

Median PSF by Bedroom Type — 3-Month Movement

$1,574$2,157$2,740MarAprMay1-Bed2-Bed3-Bed4-Bed+

Each bedroom size moves differently — this isolates the trend per size. Source: URA REALIS.

Top Resale Transactions

Project Floor Size (sqft) Price PSF
Altez 56-60 1,561 $3,798,723 $2,434
Altez 46-50 1,109 $2,504,754 $2,259
Altez 41-45 1,109 $2,400,000 $2,165
Spottiswoode Residences 31-35 926 $2,390,000 $2,582
The Beacon 11-15 1,109 $1,968,888 $1,776
Project Floor Size (sqft) Price PSF
Wallich Residence 46-50 646 $1,800,000 $2,787
76 Shenton 31-35 624 $1,300,000 $2,082
Spottiswoode Residences 06-10 603 $1,300,000 $2,157
Lumiere 26-30 635 $1,030,000 $1,622
Spottiswoode 18 26-30 388 $920,000 $2,374
Project Floor Size (sqft) Price PSF
Altez 46-50 1,109 $2,504,754 $2,259
Altez 41-45 1,109 $2,400,000 $2,165
Spottiswoode Residences 31-35 926 $2,390,000 $2,582
The Beacon 11-15 1,109 $1,968,888 $1,776
The Beacon 21-25 969 $1,810,000 $1,868
Project Floor Size (sqft) Price PSF
Altez 56-60 1,561 $3,798,723 $2,434

Showing all 1 transactions this month for this size.

Project Floor Size (sqft) Price PSF
No transactions this size band in the top 5 by price this month.

Top 5 resale caveats by transaction price. Bedroom count from Roncasa's crown-jewel bedroom routing (est. = rare area-size fallback for the unmatched caveat). Condo & EC only. Source: URA REALIS.

03Rental MarketLatest available: April 2026 · URA rental lodgements typically lag ~1–2 months behind sales
CCR Vacancy Rate
8.2%
2026Q1 · -0.6pp vs 2025Q4 (8.8%)
5.2%8.6%12.0%2024Q22024Q42025Q22025Q48.2%CCRSingapore

CCR vs Singapore-wide vacancy rate, last 8 quarters. Source: SingStat / URA.

At 8.2% and falling 0.6pp QoQ, CCR vacancy is elevated — tenants have more negotiating room than usual — a useful signal for anyone weighing a rental play here.

Median Rent
$4,300/mo
Rent MoM
+7.5%
Leases This Month
64
Leases MoM
+1.6%
Median Size
~550 sqft
Rental PSF
$7.82 psf/mo

Rents firming (+7.5% MoM) on steady demand.

+1 additional lease this month had no URA bedroom type on file (inferred from unit size only) — excluded from the stats above for a cleaner per-bedroom signal.

Top Projects — 1-Bed Rentals

Project Leases Median Rent
Icon 14 $4,350/mo
Altez 12 $5,000/mo
Spottiswoode 18 10 $3,225/mo
Median Rent
$5,400/mo
Rent MoM
+1.9%
Leases This Month
71
Leases MoM
+12.7%
Median Size
~850 sqft
Rental PSF
$6.35 psf/mo

Rents holding steady (+1.9% MoM) on rising demand.

+10 additional leases this month had no URA bedroom type on file (inferred from unit size only) — excluded from the stats above for a cleaner per-bedroom signal.

Top Projects — 2-Bed Rentals

Project Leases Median Rent
One Bernam 14 $5,600/mo
Skysuites@anson 11 $5,280/mo
Icon 9 $6,200/mo
Median Rent
$7,000/mo
Rent MoM
+2.9%
Leases This Month
13
Leases MoM
-23.5%
Median Size
~1,350 sqft
Rental PSF
$5.19 psf/mo

Rents firming (+2.9% MoM) on thin volume.

+2 additional leases this month had no URA bedroom type on file (inferred from unit size only) — excluded from the stats above for a cleaner per-bedroom signal.

Top Projects — 3-Bed Rentals

Project Leases Median Rent
Sky Everton 3 $6,600/mo
One Bernam 2 $9,925/mo
Spottiswoode Park 2 $4,250/mo

Too few leases over the past 12 months to report a reliable figure (10 in the past year).

Private residential leases lodged with URA. Excludes HDB. URA tenancy agreements don't require bedroom type — ~13% of leases are unspecified; inferred from unit size where possible. Source: URA REALIS.

04New Launch

Unsold Stock

Project Available Total % Sold
Tmw Maxwell 319 units 324 units 2%
Newport Residences 47 units 149 units 68%

366 new launch units remain unsold across 2 active projects in District 02. That supply keeps resale sellers competitive — buyers comparing both markets have real choice.

Source: EcoProp live balance. Latest available snapshot.

New Launch by Bedroom Type

Unit Type Available Total % Sold Size
Studio 198 units 201 units 1% 474–484 sqft
1 Bedroom + Study 43 units 56 units 23% 549–581 sqft
1 Bedroom Suite 33 units 34 units 3% 517–517 sqft
1 Bedroom 14 units 86 units 84% 431–474 sqft
1 Bedroom Loft 5 units 5 units 0% 850–883 sqft
Unit Type Available Total % Sold Size
2 Bedroom Dual-Key 34 units 34 units 0% 861–872 sqft
2 Bedroom Premium 15 units 16 units 6% 786–786 sqft
Unit Type Available Total % Sold Size
3 Bedroom Premium 4 units 15 units 73% 1,206–1,206 sqft
3 Bedroom 2 units 7 units 71% 980–980 sqft
Unit Type Available Total % Sold Size
4 Bedroom Premium 17 units 18 units 6% 2,067–2,067 sqft
Super Penthouse 1 unit 1 unit 0% 12,960–12,960 sqft

All unit types shown, including fully sold-out ones (⚠). Size = min–max sqft across matching Roncasa unit-mix records; blank where no match exists. Source: EcoProp live balance + Roncasa unit mix, aggregated across all active District 02 projects.

New Launch Volume Analysis

Scope New Sale Vol MoM Median PSF PSF MoM
District 12 units +50.0% $3,095 -0.2%
Region 48 units -23.8% $3,395 +1.0%
Singapore 884 units -68.3% $2,481 +10.9%

Region normalizes legacy market_segment labels (e.g. "Outside Central Region" alongside "OCR"). New Sale, condo & EC only. Source: URA REALIS.

12 units

District 02 sold 12 new launch units this month — #12 of 22 districts. D05 led with 415.

1.4% of the 884-unit Singapore total. Source: URA REALIS.

05Ron's Read
Ron's Read

May 2026 was an active month for District 02 — prices and volume moved up together. That's a stronger read than PSF gains on thin activity. When volume confirms price, it's real. Sellers can hold asking prices with reasonable confidence. Buyers chasing specific projects should price in less negotiating room this month. With 366 new launch units still available, resale buyers should benchmark against new launch pricing before committing — the gap tells you a lot about relative value.

06What It Means For You
What does this data mean for you?
Typical Entry Price
$1,489,038
vs OCR Median PSF
+2.7%
Est. Gross Yield
~3.5%
Rental Range
$3,800–$4,725/mo
Rental Size · PSF
~550 sqft · $7.82 psf/mo

Rising (+13.2% MoM) — expect less room to negotiate on this size.

Estimate only, based on a 657 sqft typical unit and this month's rental medians. Not a guaranteed return. Rental PSF (psf/mo) is a different unit from sale PSF ($/sqft) — don't compare the two directly.

Gross yield = annual rent ÷ purchase price. A rough income-return gauge before costs. Higher = more rental income per dollar invested.

Book a Consultation
Typical Entry Price
$1,718,500
vs OCR Median PSF
-14.0%
Est. Gross Yield
~3.8%
Rental Range
$4,825–$6,000/mo
Rental Size · PSF
~850 sqft · $6.35 psf/mo

Rising (+3.5% MoM) — expect less room to negotiate on this size.

Estimate only, based on a 907 sqft typical unit and this month's rental medians. Not a guaranteed return. Rental PSF (psf/mo) is a different unit from sale PSF ($/sqft) — don't compare the two directly.

Gross yield = annual rent ÷ purchase price. A rough income-return gauge before costs. Higher = more rental income per dollar invested.

Book a Consultation
Typical Entry Price
$1,636,175
12-mo avg · 17 caveats
vs OCR Median PSF
-48.8%
Est. Gross Yield
Rental Size · PSF
~1,350 sqft · $5.19 psf/mo

Flat — no clear month-on-month signal yet for this size; anchor to recent comparables.

Estimate only, based on a 1,448 sqft typical unit and this month's rental medians. Not a guaranteed return. Rental PSF (psf/mo) is a different unit from sale PSF ($/sqft) — don't compare the two directly.

Gross yield = annual rent ÷ purchase price. A rough income-return gauge before costs. Higher = more rental income per dollar invested.

Book a Consultation

Too few resale caveats over the past 12 months to report a reliable figure (1 in the past year).

Resale Caveats
6
Exit Price Est.
$1,489,038
Exit Median PSF
$2,265
Rental Size · PSF
~550 sqft · $7.82 psf/mo

Rising (+13.2% MoM) — expect less room to negotiate on this size.

Rental strong, +7.5% MoM — supports pricing (64 leases last month). Currently +2.7% vs the CCR median.

Floor Band Price Range PSF Range
Low (01–10) $1,020,000–$1,300,000 $1,755–$2,157 psf
High (11+) $1,100,000–$1,250,000 $1,751–$2,150 psf

P25–P75 range. Last 3 months, 1-Bed units only.

Get a Free Valuation
Resale Caveats
14
Exit Price Est.
$1,718,500
Exit Median PSF
$1,896
Rental Size · PSF
~850 sqft · $6.35 psf/mo

Rising (+3.5% MoM) — expect less room to negotiate on this size.

Rental steady, +1.9% MoM (71 leases last month). Currently -14.0% vs the CCR median.

Floor Band Price Range PSF Range
Low (01–10) $938,000–$2,500,000 $1,103–$2,438 psf
High (11+) $1,735,000–$2,400,000 $1,776–$2,268 psf

P25–P75 range. Last 3 months, 2-Bed units only.

Get a Free Valuation
Resale Caveats
1
Exit Price Est.
$1,636,175
12-mo avg · 17 caveats
Exit Median PSF
$1,130
Rental Size · PSF
~1,350 sqft · $5.19 psf/mo

Flat — no clear month-on-month PSF signal yet for this size.

Rental strong, +2.9% MoM — supports pricing (13 leases last month). Currently -48.8% vs the CCR median.

Floor Band Price Range PSF Range
Low (01–10) Insufficient data (< 3 txns)
High (11+) Insufficient data (< 3 txns)

P25–P75 range. Last 3 months, 3-Bed units only.

Get a Free Valuation

Too few resale caveats over the past 12 months to report a reliable figure (1 in the past year).

Median Rent · 1-Bed
$4,300/mo
Low–High Range
$3,800–$4,725/mo
Est. Gross Yield
~3.5%
Median Size · PSF
~550 sqft · $7.82 psf/mo

Rents firming (+7.5% MoM) on steady demand.

Project Leases Median Rent
Icon 14 $4,350/mo
Altez 12 $5,000/mo
Spottiswoode 18 10 $3,225/mo

Low/High = P25–P75 rent range this month. Est. gross yield = (median rent × 12) ÷ (median PSF × typical unit size). Not a guaranteed return.

Gross yield = annual rent ÷ purchase price. A rough income-return gauge before costs. Higher = more rental income per dollar invested.

Talk Rental Strategy
Median Rent · 2-Bed
$5,400/mo
Low–High Range
$4,825–$6,000/mo
Est. Gross Yield
~3.8%
Median Size · PSF
~850 sqft · $6.35 psf/mo

Rents holding steady (+1.9% MoM) on rising demand.

Project Leases Median Rent
One Bernam 14 $5,600/mo
Skysuites@anson 11 $5,280/mo
Icon 9 $6,200/mo

Low/High = P25–P75 rent range this month. Est. gross yield = (median rent × 12) ÷ (median PSF × typical unit size). Not a guaranteed return.

Gross yield = annual rent ÷ purchase price. A rough income-return gauge before costs. Higher = more rental income per dollar invested.

Talk Rental Strategy
Median Rent · 3-Bed
$7,000/mo
Low–High Range
$6,450–$10,350/mo
Est. Gross Yield
Median Size · PSF
~1,350 sqft · $5.19 psf/mo

Rents firming (+2.9% MoM) on thin volume.

Project Leases Median Rent
Sky Everton 3 $6,600/mo
One Bernam 2 $9,925/mo
Spottiswoode Park 2 $4,250/mo

Low/High = P25–P75 rent range this month. Est. gross yield = (median rent × 12) ÷ (median PSF × typical unit size). Not a guaranteed return.

Gross yield = annual rent ÷ purchase price. A rough income-return gauge before costs. Higher = more rental income per dollar invested.

Talk Rental Strategy

Too few leases over the past 12 months to report a reliable figure (10 in the past year).