Issue 001October 17, 2026

District 04 Pulse | September 2026 | Harbourfront / Sentosa

District 04 Pulse September 2026
Roncasa ▪ Data Pulse District 04 · Harbourfront / Sentosa Verified as of 24 Oct 2026 September 2026
◆ Seller's Market◆ Sellers Hold Leverage◆ Stable Rental Market
Median PSF · September 2026
$1,820 ▲ +1.1% MoM
Resale Caveats
31
▲ 14.8% vs prior mth
vs RCR Median
-8.7%
▲ $1,993 base
District Rank
#11 / 28
RCR by PSF

District 04 is trading about 9% below the wider RCR median — that gap is worth understanding before you make a move here.

Transaction volume picked up in District 04 in September 2026, with 31 resale caveats compared to 27 in August. Month-on-month, the district median PSF edged up 1.1% to $1,820 — a constructive signal for sellers. The district sits below the RCR region median of $1,993 psf (-8.7%).

$1,820
Median PSF
31
Resale Caveats
#11
District Rank

Verified as of 24 Oct 2026 · Latest URA data through Sep 2026

01District Context
$1,648$1,850$2,053JulAugSep$1,820 ↑1.1%DistrictOCRIsland Wide

District 04 vs OCR vs Island Wide — Median PSF, last 3 months. Source: URA REALIS.

Metric District 04 RCR Region Island Wide
Median PSF $1,820 $1,993 $1,707
Caveats 31 319 1,126
vs D04 — +9.5% -6.2%
District 04$1,820RCR Region$1,993Island Wide$1,707

District 04 ranks #11 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
Jul 2026 14 $1,758 -1.3%
Aug 2026 27 $1,800 +2.4%
Sep 2026 31 $1,820 +1.1%

Over the 3 months to September 2026, District 04's median PSF has climbed (+3.5%), while caveat volume grew.

Condo & EC resale only. Source: URA REALIS.

02ResaleSeptember 2026

The $1,820 median PSF represents a 1.1% gain against August's $1,800. Caveat count rose 15% from 27 to 31. 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 04: 1 dual-key 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 D04
Reflections At Keppel Bay 6 19% $1,747 -4.0%
The Reef At King's Dock 6 19% $2,442 +34.2%
The Interlace 3 10% $1,713 -5.8%
The Oceanfront @ Sentosa Cove 2 6% $1,544 -15.1%
Corals At Keppel Bay 2 6% $2,149 +18.1%
All other projects 12 39% — —

Reflections At Keppel Bay led with 6 caveats (19% of all district resale) at a median $1,747 psf — near the district median. The Reef At King'S Dock and The Interlace followed with 6 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 5 16% $2,415 ⚠ —
2-Bed 6 19% $1,789 -7.7%
3-Bed 13 42% $1,741 +3.5%
4-Bed+ (est.) 7 23% $1,549 -14.0%
Type Caveats Share Median PSF MoM PSF
1-Bed 5 16% $2,415 ⚠ —

Top Projects — 1-Bed

Project Caveats Share of Bucket Median PSF
The Reef At King's Dock 5 100.0% $2,415
Type Caveats Share Median PSF MoM PSF
2-Bed 6 19% $1,789 -7.7%

Top Projects — 2-Bed

Project Caveats Share of Bucket Median PSF
Reflections At Keppel Bay 3 50.0% $1,752
Harbourlights 1 16.7% $1,834
The Interlace 1 16.7% $1,713
Type Caveats Share Median PSF MoM PSF
3-Bed 13 42% $1,741 +3.5%

Top Projects — 3-Bed

Project Caveats Share of Bucket Median PSF
Reflections At Keppel Bay 3 23.1% $1,741
Corals At Keppel Bay 2 15.4% $2,149
The Oceanfront @ Sentosa Cove 2 15.4% $1,544
Type Caveats Share Median PSF MoM PSF
4-Bed+ (est.) 7 23% $1,549 -14.0%

Top Projects — 4-Bed+

Project Caveats Share of Bucket Median PSF
Marina Collection 1 14.3% $1,439
Seascape 1 14.3% $1,549
Seven Palms Sentosa Cove 1 14.3% $2,701

3-Bed units led resale activity in September 2026, accounting for 13 of 31 caveats (42%) at a median $1,741 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. ⚠ = median PSF more than $350 from the district median — small sample, treat with caution. Source: URA REALIS + Roncasa unit mix.

Median PSF by Bedroom Type — 3-Month Movement

$1,472$2,004$2,536JulAugSep1-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
Seven Palms Sentosa Cove 01-05 5,942 $16,048,000 $2,701
Marina Collection 01-05 4,725 $6,800,000 $1,439
The Residences At W Singapore Sentosa Cove 01-05 2,131 $3,878,100 $1,820
The Coast At Sentosa Cove 01-05 2,562 $3,550,000 $1,386
Seascape 01-05 2,174 $3,368,000 $1,549
Project Floor Size (sqft) Price PSF
The Reef At King's Dock 06-10 538 $1,500,000 $2,787
The Reef At King's Dock 01-05 538 $1,345,000 $2,499
The Reef At King's Dock 06-10 538 $1,280,000 $2,378
The Reef At King's Dock 06-10 484 $1,170,000 $2,415
The Reef At King's Dock 01-05 484 $1,000,000 $2,064
Project Floor Size (sqft) Price PSF
The Interlace 16-20 1,313 $2,250,000 $1,713
Reflections At Keppel Bay 11-15 1,227 $2,150,000 $1,752
Reflections At Keppel Bay 01-05 1,109 $2,025,000 $1,826
The Reef At King's Dock 01-05 753 $1,860,000 $2,469
Reflections At Keppel Bay 01-05 1,119 $1,820,000 $1,626
Project Floor Size (sqft) Price PSF
Corals At Keppel Bay 06-10 1,475 $3,180,000 $2,156
Skyline Residences 11-15 1,475 $3,180,000 $2,156
The Interlace 06-10 1,798 $3,080,000 $1,713
Reflections At Keppel Bay 06-10 1,625 $3,040,000 $1,870
The Oceanfront @ Sentosa Cove 06-10 1,884 $2,880,000 $1,529
Project Floor Size (sqft) Price PSF
Seven Palms Sentosa Cove 01-05 5,942 $16,048,000 $2,701
Marina Collection 01-05 4,725 $6,800,000 $1,439
The Residences At W Singapore Sentosa Cove 01-05 2,131 $3,878,100 $1,820
The Coast At Sentosa Cove 01-05 2,562 $3,550,000 $1,386
Seascape 01-05 2,174 $3,368,000 $1,549

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: September 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
$4,200/mo
Rent MoM
+15.1%
Leases This Month
11
Leases MoM
+37.5%
Median Size
~450 sqft
Rental PSF
$9.33 psf/mo

Rents firming (+15.1% MoM) on rising demand.

Top Projects — 1-Bed Rentals

Project Leases Median Rent
The Reef At King's Dock 7 $4,300/mo
Skyline Residences 3 $3,600/mo
The Foresta @ Mount Faber 1 $3,400/mo
Median Rent
$5,262/mo
Rent MoM
-0.7%
Leases This Month
46
Leases MoM
-19.3%
Median Size
~850 sqft
Rental PSF
$6.19 psf/mo

Rents holding steady (-0.7% MoM) on thin volume.

Top Projects — 2-Bed Rentals

Project Leases Median Rent
Reflections At Keppel Bay 10 $5,500/mo
The Reef At King's Dock 10 $5,700/mo
Caribbean At Keppel Bay 5 $5,200/mo
Median Rent
$8,100/mo
Rent MoM
-3.6%
Leases This Month
71
Leases MoM
-23.7%
Median Size
~1,650 sqft
Rental PSF
$4.91 psf/mo

Rents softening (-3.6% MoM) on thin volume.

Top Projects — 3-Bed Rentals

Project Leases Median Rent
Caribbean At Keppel Bay 9 $7,500/mo
Cape Royale 8 $10,650/mo
Reflections At Keppel Bay 8 $6,900/mo
Median Rent
$11,800/mo
Rent MoM
-7.5%
Leases This Month
34
Leases MoM
-22.7%
Median Size
~2,350 sqft
Rental PSF
$5.02 psf/mo

Rents softening (-7.5% MoM) on thin volume.

Top Projects — 4-Bed+ Rentals

Project Leases Median Rent
Marina Collection 6 $11,400/mo
Cape Royale 5 $14,800/mo
The Coast At Sentosa Cove 5 $11,800/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
Cape Royale 100 units 250 units 60%
The Residences At W Singapore Sentosa Cove 63 units 186 units 66%
Seascape 49 units 149 units 67%
The Green Collection 20 units 20 units 0%
Turquoise 1 unit 10 units 90%

New launch supply is narrowing — 233 units across 5 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

Bedroom Type Available Total % Sold
3-Bed 3 Bedroom 77 units 156 units 51%
3-Bed 3 Bedroom 47 units 163 units 71%
4-Bed+ 4 Bedroom 40 units 120 units 67%
4-Bed+ Penthouse 27 units 93 units 71%
4-Bed+ 4 Bedroom 18 units 83 units 78%
4-Bed+ Penthouse (3 Bedroom + Study) 3 units 7 units 57%
4-Bed+ Penthouse (3 Bedroom) 2 units 4 units 50%

All bedroom types shown, including fully sold-out ones (⚠). Source: EcoProp live balance, aggregated across all active District 04 projects.

New Launch Volume Analysis

Scope New Sale Vol MoM Median PSF PSF MoM
District 0 units — — —
Region 128 units +62.0% $2,567 -3.3%
Singapore 284 units +57.8% $2,468 -2.3%

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

0 units

District 04 sold 0 new launch units this month — #None of 20 districts. D05 led with 44.

0.0% of the 284-unit Singapore total. Source: URA REALIS.

05Ron's Read
Ron's Read

District 04 held its pricing in September 2026 with minimal movement. That kind of stability reflects a balanced market — neither side holds strong leverage. Anchor to recent comparables on both sides. Sentiment isn't driving this market right now — data is. With 233 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
$1,484,569
vs OCR Median PSF
+21.2%
Est. Gross Yield
—
Rental Size · PSF
~450 sqft · $9.33 psf/mo

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

Estimate only, based on a 615 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
$2,141,821
vs OCR Median PSF
-10.2%
Est. Gross Yield
—
Rental Size · PSF
~850 sqft · $6.19 psf/mo

Softening (-7.7% MoM) — a reasonable window to negotiate on this size.

Estimate only, based on a 1,197 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
$3,594,269
vs OCR Median PSF
-12.6%
Est. Gross Yield
—
Rental Size · PSF
~1,650 sqft · $4.91 psf/mo

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

Estimate only, based on a 2,064 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
$5,940,683
vs OCR Median PSF
-22.3%
Est. Gross Yield
—
Rental Size · PSF
~2,350 sqft · $5.02 psf/mo

Softening (-14.0% MoM) — a reasonable window to negotiate on this size.

Estimate only, based on a 3,835 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
5
Exit Price Est.
$1,484,569
Exit Median PSF
$2,415
Rental Size · PSF
~450 sqft · $9.33 psf/mo

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

Rental strong, +15.1% MoM — supports pricing (11 leases last month). Currently +21.2% vs the RCR median.

Floor Band Price Range PSF Range
Low (01–10) $1,345,000–$1,860,000 $2,469–$2,506 psf
High (11+) Insufficient data (< 3 txns)

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

Get a Free Valuation
Resale Caveats
6
Exit Price Est.
$2,141,821
Exit Median PSF
$1,789
Rental Size · PSF
~850 sqft · $6.19 psf/mo

Softening (-7.7% MoM) — buyers may push back on this size.

Rental steady, -0.7% MoM (46 leases last month). Currently -10.2% vs the RCR median.

Floor Band Price Range PSF Range
Low (01–10) $1,710,000–$1,920,000 $1,703–$1,918 psf
High (11+) $1,510,000–$2,200,000 $1,870–$2,401 psf

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

Get a Free Valuation
Resale Caveats
13
Exit Price Est.
$3,594,269
Exit Median PSF
$1,741
Rental Size · PSF
~1,650 sqft · $4.91 psf/mo

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

Rental softening, -3.6% MoM — price with that in mind (71 leases last month). Currently -12.6% vs the RCR median.

Floor Band Price Range PSF Range
Low (01–10) $2,298,000–$2,660,000 $1,652–$2,104 psf
High (11+) $2,250,000–$2,450,000 $1,713–$1,874 psf

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

Get a Free Valuation
Resale Caveats
7
Exit Price Est.
$5,940,683
Exit Median PSF
$1,549
Rental Size · PSF
~2,350 sqft · $5.02 psf/mo

Softening (-14.0% MoM) — buyers may push back on this size.

Rental softening, -7.5% MoM — price with that in mind (34 leases last month). Currently -22.3% vs the RCR median.

Floor Band Price Range PSF Range
Low (01–10) $2,850,000–$3,733,000 $1,554–$1,804 psf
High (11+) $2,820,000–$3,700,000 $1,555–$1,781 psf

P25–P75 range. Last 3 months, 4-Bed+ units only.

Get a Free Valuation
Median Rent · 1-Bed
$4,200/mo
Low–High Range
$3,650–$4,350/mo
Est. Gross Yield
~3.4%
Median Size · PSF
~450 sqft · $9.33 psf/mo

Rents firming (+15.1% MoM) on rising demand.

Project Leases Median Rent
The Reef At King's Dock 7 $4,300/mo
Skyline Residences 3 $3,600/mo
The Foresta @ Mount Faber 1 $3,400/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
$5,262/mo
Low–High Range
$4,825–$5,938/mo
Est. Gross Yield
~2.9%
Median Size · PSF
~850 sqft · $6.19 psf/mo

Rents holding steady (-0.7% MoM) on thin volume.

Project Leases Median Rent
Reflections At Keppel Bay 10 $5,500/mo
The Reef At King's Dock 10 $5,700/mo
Caribbean At Keppel Bay 5 $5,200/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
$8,100/mo
Low–High Range
$6,800–$9,850/mo
Est. Gross Yield
~2.7%
Median Size · PSF
~1,650 sqft · $4.91 psf/mo

Rents softening (-3.6% MoM) on thin volume.

Project Leases Median Rent
Caribbean At Keppel Bay 9 $7,500/mo
Cape Royale 8 $10,650/mo
Reflections At Keppel Bay 8 $6,900/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+
$11,800/mo
Low–High Range
$10,540–$13,938/mo
Est. Gross Yield
~2.4%
Median Size · PSF
~2,350 sqft · $5.02 psf/mo

Rents softening (-7.5% MoM) on thin volume.

Project Leases Median Rent
Marina Collection 6 $11,400/mo
Cape Royale 5 $14,800/mo
The Coast At Sentosa Cove 5 $11,800/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