District 03 is trading about 19% above the wider RCR median — that gap is worth understanding before you make a move here.
Volume cooled noticeably in District 03 in May 2026, with 47 resale caveats compared to 55 in April. Month-on-month, the district median PSF edged up 3.2% to $2,341 — a constructive signal for sellers. The district sits above the RCR region median of $1,963 psf (+19.3%).
Verified as of 19 Jul 2026 · Latest URA data through May 2026
District 03 vs OCR vs Island Wide — Median PSF, last 3 months. Source: URA REALIS.
| Metric | District 03 | RCR Region | Island Wide |
|---|---|---|---|
| Median PSF | $2,341 | $1,963 | $1,719 |
| Caveats | 47 | 318 | 1,173 |
| vs D03 | — | -16.1% | -26.6% |
District 03 ranks #1 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 |
|---|---|---|---|
| Mar 2026 | 48 | $2,217 | +0.2% |
| Apr 2026 | 55 | $2,269 | +2.3% |
| May 2026 | 47 | $2,341 | +3.2% |
Over the 3 months to May 2026, District 03's median PSF has climbed (+5.6%), while caveat volume stayed roughly flat.
Condo & EC resale only. Source: URA REALIS.
The $2,341 median PSF represents a 3.2% gain against April's $2,269. Caveat count fell 15% from 55 to 47. 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.
This month in District 03: 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 | 10 | 21% | $2,416 | +3.2% |
| Avenue South Residence | 8 | 17% | $2,274 | -2.8% |
| Echelon | 3 | 6% | $2,389 | +2.1% |
| Alex Residences | 3 | 6% | $2,418 | +3.3% |
| Central Green Condominium | 2 | 4% | $1,808 | -22.8% |
| All other projects | 21 | 45% | — | — |
Stirling Residences led with 10 caveats (21% of all district resale) at a median $2,416 psf — near the district median. Avenue South Residence and Echelon followed with 8 and 3 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 (est.) | 6 | 13% | $2,124 | -5.2% |
| 2-Bed | 14 | 30% | $2,335 | +3.2% |
| 3-Bed | 22 | 47% | $2,426 | +0.7% |
| 4-Bed+ | 5 | 11% | $2,446 | +22.3% |
| Type | Caveats | Share | Median PSF | MoM PSF |
|---|---|---|---|---|
| 1-Bed (est.) | 6 | 13% | $2,124 | -5.2% |
Top Projects — 1-Bed
| Project | Caveats | Share of Bucket | Median PSF |
|---|---|---|---|
| Avenue South Residence | 2 | 33.3% | $2,087 |
| Alex Residences | 1 | 16.7% | $2,143 |
| Commonwealth Towers | 1 | 16.7% | $2,042 |
| Type | Caveats | Share | Median PSF | MoM PSF |
|---|---|---|---|---|
| 2-Bed | 14 | 30% | $2,335 | +3.2% |
Top Projects — 2-Bed
| Project | Caveats | Share of Bucket | Median PSF |
|---|---|---|---|
| Stirling Residences | 6 | 42.9% | $2,343 |
| Artra | 2 | 14.3% | $2,507 |
| Avenue South Residence | 2 | 14.3% | $2,241 |
| Type | Caveats | Share | Median PSF | MoM PSF |
|---|---|---|---|---|
| 3-Bed | 22 | 47% | $2,426 | +0.7% |
Top Projects — 3-Bed
| Project | Caveats | Share of Bucket | Median PSF |
|---|---|---|---|
| Avenue South Residence | 3 | 13.6% | $2,435 |
| Alessandrea | 2 | 9.1% | $1,995 |
| Alex Residences | 2 | 9.1% | $2,450 |
| Type | Caveats | Share | Median PSF | MoM PSF |
|---|---|---|---|---|
| 4-Bed+ | 5 | 11% | $2,446 | +22.3% |
Top Projects — 4-Bed+
| Project | Caveats | Share of Bucket | Median PSF |
|---|---|---|---|
| Stirling Residences | 2 | 40.0% | $2,557 |
| Avenue South Residence | 1 | 20.0% | $2,446 |
| Meraprime | 1 | 20.0% | $2,300 |
3-Bed units led resale activity in May 2026, accounting for 22 of 47 caveats (47%) at a median $2,426 psf.
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
Each bedroom size moves differently — this isolates the trend per size. Source: URA REALIS.
Top Resale Transactions
| Project | Floor | Size (sqft) | Price | PSF |
|---|---|---|---|---|
| Avenue South Residence | 51-55 | 1,496 | $3,660,000 | $2,446 |
| The Crest | 01-05 | 1,701 | $3,618,000 | $2,127 |
| Stirling Residences | 31-35 | 1,346 | $3,580,000 | $2,661 |
| The Anchorage | 11-15 | 1,507 | $3,320,000 | $2,203 |
| Stirling Residences | 01-05 | 1,346 | $3,300,000 | $2,453 |
| Project | Floor | Size (sqft) | Price | PSF |
|---|---|---|---|---|
| Residential Apartments | 01-05 | 732 | $1,880,000 | $2,568 |
| Avenue South Residence | 21-25 | 527 | $1,110,000 | $2,104 |
| Echelon | 41-45 | 452 | $1,080,000 | $2,389 |
| Alex Residences | 31-35 | 474 | $1,015,000 | $2,143 |
| Avenue South Residence | 01-05 | 474 | $980,000 | $2,069 |
| Project | Floor | Size (sqft) | Price | PSF |
|---|---|---|---|---|
| Artra | 36-40 | 829 | $2,100,000 | $2,534 |
| Artra | 21-25 | 786 | $1,949,000 | $2,480 |
| The Crest | 16-20 | 904 | $1,900,000 | $2,101 |
| Principal Garden | 11-15 | 807 | $1,880,000 | $2,329 |
| Avenue South Residence | 36-40 | 689 | $1,640,000 | $2,381 |
| Project | Floor | Size (sqft) | Price | PSF |
|---|---|---|---|---|
| The Anchorage | 11-15 | 1,507 | $3,320,000 | $2,203 |
| One Pearl Bank | 16-20 | 1,184 | $3,138,880 | $2,651 |
| Highline Residences | 31-35 | 1,152 | $3,038,000 | $2,638 |
| Stirling Residences | 36-40 | 980 | $2,710,000 | $2,767 |
| Avenue South Residence | 21-25 | 1,109 | $2,700,000 | $2,435 |
| Project | Floor | Size (sqft) | Price | PSF |
|---|---|---|---|---|
| Avenue South Residence | 51-55 | 1,496 | $3,660,000 | $2,446 |
| The Crest | 01-05 | 1,701 | $3,618,000 | $2,127 |
| Stirling Residences | 31-35 | 1,346 | $3,580,000 | $2,661 |
| Stirling Residences | 01-05 | 1,346 | $3,300,000 | $2,453 |
| Meraprime | 06-10 | 1,313 | $3,020,000 | $2,300 |
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.
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.
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 |
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 |
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 |
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.
Unsold Stock
| Project | Available | Total | % Sold |
|---|---|---|---|
| Promenade Peak | 159 units | 596 units | 73% |
| Zyon Grand | 71 units | 314 units | 77% |
| Penrith | 10 units | 76 units | 87% |
| 265 Outram Road | 2 units | 2 units | 0% |
New launch supply is narrowing — 242 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 | 28 units | 276 units | 90% | 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) | 19 units | 97 units | 80% | 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 | 10 units | -44.4% | $3,357 | +1.0% |
| Region | 591 units | +93.8% | $2,513 | -9.9% |
| 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.
District 03 sold 10 new launch units this month — #15 of 22 districts. D05 led with 415.
1.1% of the 884-unit Singapore total. Source: URA REALIS.
A 3.2% PSF uptick at steady volume is a constructive signal — prices moving on genuine activity, not a thin-month statistical blip. Sellers have some pricing power; buyers should come with recent comparables. Sellers can hold asking prices with reasonable confidence. Buyers chasing specific projects should price in less negotiating room this month. With 242 new launch units still available, resale buyers should benchmark against new launch pricing before committing — the gap tells you a lot about relative value.
Softening (-5.2% MoM) — buyers may push back on this size.
Rental steady, -1.4% MoM (67 leases last month). Currently +8.2% vs the RCR median.
| Floor Band | Price Range | PSF Range |
|---|---|---|
| Low (01–10) | $1,430,000–$1,560,000 | $2,071–$2,307 psf |
| High (11+) | $1,482,888–$1,645,000 | $2,258–$2,422 psf |
P25–P75 range. Last 3 months, 1-Bed units only.
Get a Free ValuationRising (+3.2% MoM) — expect less room to negotiate on this size.
Rental steady, +0.0% MoM (123 leases last month). Currently +19.0% vs the RCR median.
| Floor Band | Price Range | PSF Range |
|---|---|---|
| Low (01–10) | $1,598,000–$2,308,888 | $1,689–$2,481 psf |
| High (11+) | $2,050,000–$2,700,000 | $2,230–$2,634 psf |
P25–P75 range. Last 3 months, 2-Bed units only.
Get a Free ValuationFlat (+0.7% MoM) — anchor to recent comparables.
Rental steady, -1.4% MoM (107 leases last month). Currently +23.6% vs the RCR median.
| Floor Band | Price Range | PSF Range |
|---|---|---|
| Low (01–10) | $2,210,000–$2,950,000 | $1,711–$2,000 psf |
| High (11+) | $2,800,000–$3,500,000 | $1,971–$2,339 psf |
P25–P75 range. Last 3 months, 3-Bed units only.
Get a Free ValuationRising (+22.3% MoM) — expect less room to negotiate on this size.
Rental softening, -2.0% MoM — price with that in mind (11 leases last month). Currently +24.6% vs the RCR median.
| Floor Band | Price Range | PSF Range |
|---|---|---|
| Low (01–10) | $3,380,000–$3,660,000 | $2,000–$2,127 psf |
| High (11+) | Insufficient data (< 3 txns) | |
P25–P75 range. Last 3 months, 4-Bed+ units only.
Get a Free ValuationRents 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 StrategyRents 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 StrategyRents 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 StrategyRents 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 StrategyReady to talk numbers?
No pitch. Just an honest conversation about your unit.
