Issue 001July 21, 2026

District 03 Pulse | June 2026 | Alexandra / Queenstown

District 03 Pulse June 2026
Roncasa ▪ Data Pulse District 03 · Alexandra / Queenstown Verified as of 3 Aug 2026 June 2026
◆ Seller's Market◆ Sellers Hold Leverage◆ Stable Rental Market
Median PSF · June 2026
$2,283 ▼ -2.5% MoM
Resale Caveats
54
▲ 14.9% vs prior mth
vs RCR Median
+17.2%
▲ $1,947 base
District Rank
#2 / 28
RCR by PSF

District 03 is trading about 17% above the wider RCR median — that gap is worth understanding before you make a move here.

Transaction volume picked up in District 03 in June 2026, with 54 resale caveats compared to 47 in May. Month-on-month, the district median PSF softened 2.5% to $2,283 — giving buyers a softer entry point. The district sits above the RCR region median of $1,947 psf (+17.2%).

$2,283
Median PSF
54
Resale Caveats
#2
District Rank

Verified as of 3 Aug 2026 · Latest URA data through Jun 2026

01District Context
$1,658$2,034$2,411AprMayJun$2,283 ↓2.5%DistrictOCRIsland Wide

District 03 vs OCR vs Island Wide — Median PSF, last 3 months. Source: URA REALIS.

Metric District 03 RCR Region Island Wide
Median PSF $2,283 $1,947 $1,731
Caveats 54 310 1,119
vs D03 -14.7% -24.2%
District 03$2,283RCR Region$1,947Island Wide$1,731

District 03 ranks #2 of 28 RCR 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
Apr 2026 55 $2,269 +2.3%
May 2026 47 $2,341 +3.2%
Jun 2026 54 $2,283 -2.5%

Over the 3 months to June 2026, District 03's median PSF has held steady (+0.6%), while caveat volume stayed roughly flat.

Condo & EC resale only. Source: URA REALIS.

02ResaleJune 2026

The $2,283 median PSF represents a 2.5% dip against May's $2,341. Caveat count rose 15% from 47 to 54. 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 buyer, this is a reasonable window to negotiate.

This month in District 03: 1 dual-key unit · 1 study unit · 1 sky unit.

A Roncasa exclusive — no other Singapore property platform surfaces penthouse, dual-key, study, sky, or duplex units at the individual-caveat level.

Top Projects by Volume

Project Caveats Share Median PSF vs D03
Stirling Residences 8 15% $2,438 +6.8%
Queens Peak 7 13% $2,230 -2.3%
Echelon 4 7% $2,285 +0.1%
Commonwealth Towers 3 6% $2,296 +0.6%
Principal Garden 3 6% $2,125 -6.9%
All other projects 29 54%

Stirling Residences led with 8 caveats (15% of all district resale) at a median $2,438 psf — 7% above the district median. Queens Peak and Echelon followed with 7 and 4 caveats respectively. Concentration in a few projects usually signals strong secondary-market liquidity — these PSF figures are your most current real-world price anchors.

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 10 19% $2,212 +4.1%
2-Bed 20 37% $2,323 -0.5%
3-Bed 21 39% $2,336 -3.7%
4-Bed+ (est.) 3 $2,074 12-mo avg · 36 caveats
Type Caveats Share Median PSF MoM PSF
1-Bed 10 19% $2,212 +4.1%

Top Projects — 1-Bed

Project Caveats Share of Bucket Median PSF
Queens Peak 2 20.0% $2,212
Alexis 1 10.0% $1,897
Commonwealth Towers 1 10.0% $2,187
Type Caveats Share Median PSF MoM PSF
2-Bed 20 37% $2,323 -0.5%

Top Projects — 2-Bed

Project Caveats Share of Bucket Median PSF
Stirling Residences 5 25.0% $2,428
Avenue South Residence 2 10.0% $2,173
Echelon 2 10.0% $2,285
Type Caveats Share Median PSF MoM PSF
3-Bed 21 39% $2,336 -3.7%

Top Projects — 3-Bed

Project Caveats Share of Bucket Median PSF
The Regency At Tiong Bahru 3 14.3% $2,561
Alex Residences 2 9.5% $2,193
Artra 2 9.5% $2,506
Type Caveats Share Median PSF MoM PSF
4-Bed+ (est.) 3 $2,074 12-mo avg · 36 caveats

Top Projects — 4-Bed+

Project Caveats Share of Bucket Median PSF
Echelon 1 33.3% $2,048
Queens Peak 1 33.3% $2,223
The Crest 1 33.3% $2,028

3-Bed units led resale activity in June 2026, accounting for 21 of 54 caveats (39%) at a median $2,336 psf. That segment's PSF moved 3.7% down 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

$1,900$2,234$2,568AprMayJun1-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
Queens Peak 31-35 1,507 $3,350,000 $2,223
The Crest 16-20 1,647 $3,340,000 $2,028
One Pearl Bank 21-25 1,216 $3,330,000 $2,738
The Regency At Tiong Bahru 21-25 1,281 $3,300,000 $2,576
The Regency At Tiong Bahru 16-20 1,281 $3,280,000 $2,561
Project Floor Size (sqft) Price PSF
River Place 06-10 786 $1,563,888 $1,990
Riviere 11-15 560 $1,438,000 $2,569
Highline Residences 31-35 506 $1,190,000 $2,352
Queens Peak 26-30 484 $1,080,000 $2,230
Echelon 36-40 452 $1,065,000 $2,356
Project Floor Size (sqft) Price PSF
Ascentia Sky 11-15 1,044 $2,620,000 $2,509
Riviere 21-25 818 $2,600,000 $3,178
Artra 31-35 786 $1,945,000 $2,475
Principal Garden 01-05 861 $1,830,000 $2,125
Stirling Residences 36-40 689 $1,828,888 $2,655
Project Floor Size (sqft) Price PSF
One Pearl Bank 21-25 1,216 $3,330,000 $2,738
The Regency At Tiong Bahru 21-25 1,281 $3,300,000 $2,576
The Regency At Tiong Bahru 16-20 1,281 $3,280,000 $2,561
The Regency At Tiong Bahru 31-35 1,270 $3,188,000 $2,510
The Anchorage 06-10 1,507 $3,150,000 $2,090
Project Floor Size (sqft) Price PSF
Queens Peak 31-35 1,507 $3,350,000 $2,223
The Crest 16-20 1,647 $3,340,000 $2,028
Echelon 11-15 1,475 $3,020,000 $2,048

Showing all 3 transactions this month for this size.

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
RCR Vacancy Rate
6.3%
2026Q1 · +0.3pp vs 2025Q4 (6.0%)
5.5%7.0%8.4%2024Q22024Q42025Q22025Q46.3%RCRSingapore

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

At 6.3% and rising 0.3pp QoQ, RCR vacancy is elevated — tenants have more negotiating room than usual — a useful signal for anyone weighing a rental play here.

Median Rent
$3,650/mo
Rent MoM
-1.4%
Leases This Month
67
Leases MoM
-23.0%
Median Size
~450 sqft
Rental PSF
$8.11 psf/mo

Rents holding steady (-1.4% MoM) on thin volume.

+3 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 — 1-Bed Rentals

Project Leases Median Rent
The Landmark 10 $3,750/mo
Alexis 7 $3,000/mo
Highline Residences 7 $4,250/mo
Median Rent
$4,900/mo
Rent MoM
+0.0%
Leases This Month
123
Leases MoM
-1.6%
Median Size
~750 sqft
Rental PSF
$6.53 psf/mo

Rents holding steady (+0.0% MoM) on steady demand.

+12 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
The Landmark 14 $4,750/mo
Stirling Residences 13 $4,600/mo
Tiong Bahru Estate 10 $4,550/mo
Median Rent
$6,800/mo
Rent MoM
-1.4%
Leases This Month
107
Leases MoM
+30.5%
Median Size
~1,150 sqft
Rental PSF
$5.91 psf/mo

Rents holding steady (-1.4% MoM) on rising demand.

Top Projects — 3-Bed Rentals

Project Leases Median Rent
Echelon 11 $6,519/mo
Highline Residences 9 $7,500/mo
The Anchorage 9 $5,700/mo
Median Rent
$8,329/mo
Rent MoM
-2.0%
Leases This Month
11
Leases MoM
-35.3%
Median Size
~1,750 sqft
Rental PSF
$4.76 psf/mo

Rents softening (-2.0% MoM) on thin volume.

+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 — 4-Bed+ Rentals

Project Leases Median Rent
The Metropolitan Condominium 3 $8,500/mo
The Crest 2 $8,550/mo
Ascentia Sky 1 $8,700/mo

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
Promenade Peak 159 units 596 units 73%
Zyon Grand 70 units 274 units 74%
Penrith 8 units 76 units 89%
265 Outram Road 2 units 2 units 0%

New launch supply is narrowing — 239 units across 4 projects. Specific stacks and bedroom types may already be sold out. Resale and new launch are increasingly converging in what's available.

Source: EcoProp live balance. Latest available snapshot.

New Launch by Bedroom Type

Unit Type Available Total % Sold Size
1 Bedroom + Study 64 units 139 units 54% 474–527 sqft
Unit Type Available Total % Sold Size
2 Bedroom + Study 63 units 120 units 48% 764–797 sqft
2 Bedroom 26 units 276 units 91% 614–689 sqft
2 Bedroom Premium + Study 9 units 118 units 92% 721–721 sqft
Unit Type Available Total % Sold Size
3 Bedroom 7 units 139 units 95% 818–1,033 sqft
3 Bedroom Premium (With Private Lift) 5 units 38 units 87% 1,163–1,195 sqft
Unit Type Available Total % Sold Size
4 Bedroom Premium (With Private Lift) 18 units 57 units 68% 1,421–1,421 sqft
5 Bedroom Supreme (With Private Lift) 18 units 18 units 0% 1,819–1,819 sqft
5 Bedroom Premium (With Private Lift) 15 units 21 units 29% 1,884–4,144 sqft
4 Bedroom Supreme + Study (With Private Lift) 11 units 18 units 39% 1,615–1,615 sqft
Penthouse (5 Bedroom With Private Lift) 1 unit 2 units 50% 2,756–2,756 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 03 projects.

New Launch Volume Analysis

Scope New Sale Vol MoM Median PSF PSF MoM
District 9 units +80.0% $3,314 -1.3%
Region 83 units -72.1% $2,691 +6.7%
Singapore 179 units -61.6% $2,581 +4.2%

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

9 units

District 03 sold 9 new launch units this month — #7 of 22 districts. D05 led with 34.

5.0% of the 179-unit Singapore total. Source: URA REALIS.

05Ron's Read
Ron's Read

PSF softened 2.5% in June 2026 while caveats held reasonably steady. Price softness without a volume collapse is sellers adjusting, not distress — a healthier dynamic than the reverse. For buyers, this is a window — softening PSF with available stock is the better entry setup. Don't wait for the market to confirm the bottom. With 239 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
$1,293,853
vs OCR Median PSF
+13.6%
Est. Gross Yield
~3.4%
Rental Range
$3,500–$4,000/mo
Rental Size · PSF
~450 sqft · $8.11 psf/mo

Rising (+4.1% MoM) — expect less room to negotiate on this size.

Estimate only, based on a 585 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
$2,007,255
vs OCR Median PSF
+19.3%
Est. Gross Yield
~2.9%
Rental Range
$4,500–$5,450/mo
Rental Size · PSF
~750 sqft · $6.53 psf/mo

Flat — sentiment isn't driving this size right now, anchor to recent comparables.

Estimate only, based on a 864 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
$3,257,216
vs OCR Median PSF
+20.0%
Est. Gross Yield
~2.5%
Rental Range
$6,050–$7,500/mo
Rental Size · PSF
~1,150 sqft · $5.91 psf/mo

Softening (-3.7% MoM) — a reasonable window to negotiate on this size.

Estimate only, based on a 1,395 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
$4,404,789
12-mo avg · 36 caveats
vs OCR Median PSF
+6.5%
Est. Gross Yield
Rental Size · PSF
~1,750 sqft · $4.76 psf/mo

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

Estimate only, based on a 2,124 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
Resale Caveats
10
Exit Price Est.
$1,293,853
Exit Median PSF
$2,212
Rental Size · PSF
~450 sqft · $8.11 psf/mo

Rising (+4.1% MoM) — expect less room to negotiate on this size.

Rental steady, -1.4% MoM (67 leases last month). Currently +13.6% vs the RCR median.

Floor Band Price Range PSF Range
Low (01–10) $1,360,000–$1,563,888 $1,990–$2,307 psf
High (11+) $1,482,888–$1,680,000 $2,269–$2,441 psf

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

Get a Free Valuation
Resale Caveats
20
Exit Price Est.
$2,007,255
Exit Median PSF
$2,323
Rental Size · PSF
~750 sqft · $6.53 psf/mo

Flat (-0.5% MoM) — anchor to recent comparables.

Rental steady, +0.0% MoM (123 leases last month). Currently +19.3% vs the RCR median.

Floor Band Price Range PSF Range
Low (01–10) $1,830,000–$2,308,000 $1,902–$2,261 psf
High (11+) $2,180,000–$2,620,000 $2,329–$2,634 psf

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

Get a Free Valuation
Resale Caveats
21
Exit Price Est.
$3,257,216
Exit Median PSF
$2,336
Rental Size · PSF
~1,150 sqft · $5.91 psf/mo

Softening (-3.7% MoM) — buyers may push back on this size.

Rental steady, -1.4% MoM (107 leases last month). Currently +20.0% vs the RCR median.

Floor Band Price Range PSF Range
Low (01–10) $2,280,000–$2,950,000 $1,746–$2,061 psf
High (11+) $2,800,000–$3,320,000 $1,971–$2,534 psf

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

Get a Free Valuation
Resale Caveats
3
Exit Price Est.
$4,404,789
12-mo avg · 36 caveats
Exit Median PSF
$2,074
Rental Size · PSF
~1,750 sqft · $4.76 psf/mo

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

Rental softening, -2.0% MoM — price with that in mind (11 leases last month). Currently +6.5% vs the RCR 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, 4-Bed+ units only.

Get a Free Valuation
Median Rent · 1-Bed
$3,650/mo
Low–High Range
$3,500–$4,000/mo
Est. Gross Yield
~3.4%
Median Size · PSF
~450 sqft · $8.11 psf/mo

Rents holding steady (-1.4% MoM) on thin volume.

Project Leases Median Rent
The Landmark 10 $3,750/mo
Alexis 7 $3,000/mo
Highline Residences 7 $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
Median Rent · 2-Bed
$4,900/mo
Low–High Range
$4,500–$5,450/mo
Est. Gross Yield
~2.9%
Median Size · PSF
~750 sqft · $6.53 psf/mo

Rents holding steady (+0.0% MoM) on steady demand.

Project Leases Median Rent
The Landmark 14 $4,750/mo
Stirling Residences 13 $4,600/mo
Tiong Bahru Estate 10 $4,550/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
$6,800/mo
Low–High Range
$6,050–$7,500/mo
Est. Gross Yield
~2.5%
Median Size · PSF
~1,150 sqft · $5.91 psf/mo

Rents holding steady (-1.4% MoM) on rising demand.

Project Leases Median Rent
Echelon 11 $6,519/mo
Highline Residences 9 $7,500/mo
The Anchorage 9 $5,700/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 · 4-Bed+
$8,329/mo
Low–High Range
$8,095–$8,550/mo
Est. Gross Yield
Median Size · PSF
~1,750 sqft · $4.76 psf/mo

Rents softening (-2.0% MoM) on thin volume.

Project Leases Median Rent
The Metropolitan Condominium 3 $8,500/mo
The Crest 2 $8,550/mo
Ascentia Sky 1 $8,700/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