Issue 001September 18, 2026

District 12 Pulse | August 2026 | Toa Payoh / Balestier

District 12 Pulse August 2026
Roncasa ▪ Data Pulse District 12 · Toa Payoh / Balestier Verified as of 22 Sep 2026 August 2026
◆ Balanced Market◆ Hold Position◆ Tenant's Market
Median PSF · August 2026
$1,730 → FLAT MoM
Resale Caveats
35
▼ 5.4% vs prior mth
vs RCR Median
-11.4%
▲ $1,953 base
District Rank
#11 / 28
RCR by PSF

District 12 is trading about 11% below the wider RCR median — that gap is worth understanding before you make a move here.

Volume eased slightly in District 12 in August 2026, with 35 resale caveats compared to 37 in July. Month-on-month, the district median PSF held near $1,730 — a balanced market with no strong directional pressure. The district sits below the RCR region median of $1,953 psf (-11.4%).

$1,730
Median PSF
35
Resale Caveats
#11
District Rank

Verified as of 22 Sep 2026 · Latest URA data through Aug 2026

01District Context
$1,659$1,852$2,045JunJulAug$1,730 ↑0.5%DistrictOCRIsland Wide

District 12 vs OCR vs Island Wide — Median PSF, last 3 months. Source: URA REALIS.

Metric District 12 RCR Region Island Wide
Median PSF $1,730 $1,953 $1,726
Caveats 35 317 1,076
vs D12 +12.9% -0.2%
District 12$1,730RCR Region$1,953Island Wide$1,726

District 12 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
Jun 2026 33 $1,894 +7.3%
Jul 2026 37 $1,722 -9.1%
Aug 2026 35 $1,730 +0.5%

Over the 3 months to August 2026, District 12's median PSF has eased (-8.7%), while caveat volume grew.

Condo & EC resale only. Source: URA REALIS.

02ResaleAugust 2026

The $1,730 median PSF represents a 0.5% gain against July's $1,722. Caveat count fell 5% from 37 to 35. 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 D12
Eight Riversuites 4 11% $1,919 +10.9%
Gem Residences 4 11% $1,955 +13.0%
Trevista 2 6% $1,973 +14.1%
D'lotus 2 6% $1,495 -13.6%
One St Michael's 2 6% $1,916 +10.8%
All other projects 21 60%

Eight Riversuites led with 4 caveats (11% of all district resale) at a median $1,919 psf — 11% above the district median. Gem Residences and Trevista followed with 4 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.

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 11 31% $1,610 +8.3%
2-Bed (est.) 10 29% $1,791 +3.0%
3-Bed 12 34% $1,868 -3.9%
4-Bed+ (est.) 2 $1,725 12-mo avg · 25 caveats
Type Caveats Share Median PSF MoM PSF
1-Bed 11 31% $1,610 +8.3%

Top Projects — 1-Bed

Project Caveats Share of Bucket Median PSF
The Interweave 2 18.2% $1,732
Ascent @ 456 1 9.1% $1,433
Bliss Loft 1 9.1% $1,610
Type Caveats Share Median PSF MoM PSF
2-Bed (est.) 10 29% $1,791 +3.0%

Top Projects — 2-Bed

Project Caveats Share of Bucket Median PSF
Gem Residences 3 30.0% $1,895
Beacon Heights 1 10.0% $1,545
Okio 1 10.0% $1,693
Type Caveats Share Median PSF MoM PSF
3-Bed 12 34% $1,868 -3.9%

Top Projects — 3-Bed

Project Caveats Share of Bucket Median PSF
Eight Riversuites 4 33.3% $1,919
One St Michael's 2 16.7% $1,916
Birchwood Mansions 1 8.3% $1,302
Type Caveats Share Median PSF MoM PSF
4-Bed+ (est.) 2 $1,725 12-mo avg · 25 caveats

Top Projects — 4-Bed+

Project Caveats Share of Bucket Median PSF
Nova 88 1 50.0% $1,730
Trevista 1 50.0% $2,058

3-Bed units led resale activity in August 2026, accounting for 12 of 35 caveats (34%) at a median $1,868 psf. That segment's PSF moved 3.9% 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

$1,404$1,852$2,301JunJulAug1-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
Trevista 16-20 1,701 $3,500,000 $2,058
The Arte 01-05 1,625 $3,000,000 $1,846
One St Michael's 06-10 1,249 $2,360,000 $1,890
One St Michael's 16-20 1,184 $2,300,000 $1,942
Nova 88 11-15 1,249 $2,160,000 $1,730
Project Floor Size (sqft) Price PSF
Ascent @ 456 01-05 753 $1,080,000 $1,433
Parc Haven 06-10 689 $1,070,000 $1,553
Riverbay 11-15 517 $830,000 $1,606
Neem Tree 11-15 420 $810,000 $1,929
City Regency 11-15 484 $785,000 $1,621
Project Floor Size (sqft) Price PSF
Trevista 36-40 947 $1,788,888 $1,889
Verticus 21-25 700 $1,680,000 $2,401
Residential Apartments 01-05 1,195 $1,500,000 $1,255
Beacon Heights 06-10 893 $1,380,000 $1,545
Gem Residences 01-05 678 $1,285,000 $1,895
Project Floor Size (sqft) Price PSF
The Arte 01-05 1,625 $3,000,000 $1,846
One St Michael's 06-10 1,249 $2,360,000 $1,890
One St Michael's 16-20 1,184 $2,300,000 $1,942
The Centrio 01-05 1,206 $2,088,000 $1,732
Gem Residences 11-15 947 $2,068,000 $2,183
Project Floor Size (sqft) Price PSF
Trevista 16-20 1,701 $3,500,000 $2,058
Nova 88 11-15 1,249 $2,160,000 $1,730

Showing all 2 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: August 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
$3,000/mo
Rent MoM
+0.0%
Leases This Month
68
Leases MoM
+6.2%
Median Size
~450 sqft
Rental PSF
$6.67 psf/mo

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

Top Projects — 1-Bed Rentals

Project Leases Median Rent
Eight Riversuites 5 $3,200/mo
Gem Residences 5 $3,050/mo
Neem Tree 5 $2,800/mo
Median Rent
$3,800/mo
Rent MoM
+0.0%
Leases This Month
88
Leases MoM
-3.3%
Median Size
~850 sqft
Rental PSF
$4.47 psf/mo

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

+4 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
Eight Riversuites 8 $4,150/mo
One Dusun Residences 7 $3,500/mo
Gem Residences 6 $3,650/mo
Median Rent
$4,962/mo
Rent MoM
+1.3%
Leases This Month
64
Leases MoM
-19.0%
Median Size
~1,200 sqft
Rental PSF
$4.14 psf/mo

Rents holding steady (+1.3% 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 — 3-Bed Rentals

Project Leases Median Rent
Trellis Towers 6 $5,175/mo
Vista Residences 6 $5,350/mo
Eight Riversuites 4 $5,175/mo
Median Rent
$6,975/mo
Rent MoM
-3.1%
Leases This Month
12
Leases MoM
+71.4%
Median Size
~1,650 sqft
Rental PSF
$4.23 psf/mo

Rents softening (-3.1% MoM) on rising demand.

+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 — 4-Bed+ Rentals

Project Leases Median Rent
Non-Landed Housing Development 2 $5,800/mo
St Francis Court 2 $3,325/mo
The Riverine By The Park 2 $8,000/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
The Arcady At Boon Keng 60 units 141 units 57%
The Orie 34 units 117 units 71%
Jui Residences 1 unit 1 unit 0%

Thin new launch inventory (95 units across 3 projects) — late-stage availability tends to be niche (specific types, higher floors). For most buyers here, resale is the market.

Source: EcoProp live balance. Latest available snapshot.

New Launch by Bedroom Type

Unit Type Available Total % Sold Size
1 Bedroom + Study 29 units 89 units 67% 517–527 sqft
Unit Type Available Total % Sold Size
2 Bedroom + Study 23 units 38 units 39% 764–764 sqft
2 Bedroom 2 units 38 units 95% 678–678 sqft
Unit Type Available Total % Sold Size
3 Bedroom Premium 19 units 31 units 39% 1,087–1,195 sqft
3 Bedroom Premium + Study 13 units 21 units 38% 1,281–1,281 sqft
3 Bedroom Dual Key 6 units 39 units 85% 1,130–1,130 sqft
3 Storey Strata Shophouse 1 unit 1 unit 0% 6,553–6,553 sqft
Unit Type Available Total % Sold Size
Penthouse 2 units 2 units 0% 2,433–2,583 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 12 projects.

New Launch Volume Analysis

Scope New Sale Vol MoM Median PSF PSF MoM
District 2 units -75.0% $2,631 +0.0%
Region 75 units -53.4% $2,688 -1.8%
Singapore 174 units -73.6% $2,469 -8.0%

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

2 units

District 12 sold 2 new launch units this month — #17 of 21 districts. D15 led with 22.

1.1% of the 174-unit Singapore total. Source: URA REALIS.

05Ron's Read
Ron's Read

District 12 held its pricing in August 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. New launch supply is limited — treat resale listings as the real price benchmark here, not developer pricing on what's left.

06What It Means For You
What does this data mean for you?
Typical Entry Price
$968,059
vs OCR Median PSF
-17.5%
Est. Gross Yield
Rental Size · PSF
~450 sqft · $6.67 psf/mo

Rising (+8.3% MoM) — expect less room to negotiate on this size.

Estimate only, based on a 601 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
$1,644,451
vs OCR Median PSF
-8.3%
Est. Gross Yield
Rental Size · PSF
~850 sqft · $4.47 psf/mo

Rising (+3.0% MoM) — expect less room to negotiate on this size.

Estimate only, based on a 918 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
$2,748,863
vs OCR Median PSF
-4.4%
Est. Gross Yield
Rental Size · PSF
~1,200 sqft · $4.14 psf/mo

Softening (-3.9% MoM) — a reasonable window to negotiate on this size.

Estimate only, based on a 1,472 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
$3,399,211
12-mo avg · 25 caveats
vs OCR Median PSF
-11.7%
Est. Gross Yield
Rental Size · PSF
~1,650 sqft · $4.23 psf/mo

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

Estimate only, based on a 1,970 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
11
Exit Price Est.
$968,059
Exit Median PSF
$1,610
Rental Size · PSF
~450 sqft · $6.67 psf/mo

Rising (+8.3% MoM) — expect less room to negotiate on this size.

Rental steady, +0.0% MoM (68 leases last month). Currently -17.5% vs the RCR median.

Floor Band Price Range PSF Range
Low (01–10) $825,700–$1,080,000 $1,433–$1,711 psf
High (11+) $1,050,000–$1,460,000 $1,606–$2,153 psf

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

Get a Free Valuation
Resale Caveats
10
Exit Price Est.
$1,644,451
Exit Median PSF
$1,791
Rental Size · PSF
~850 sqft · $4.47 psf/mo

Rising (+3.0% MoM) — expect less room to negotiate on this size.

Rental steady, +0.0% MoM (88 leases last month). Currently -8.3% vs the RCR median.

Floor Band Price Range PSF Range
Low (01–10) $1,360,000–$1,735,000 $1,357–$1,739 psf
High (11+) $1,650,000–$2,100,000 $1,722–$2,135 psf

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

Get a Free Valuation
Resale Caveats
12
Exit Price Est.
$2,748,863
Exit Median PSF
$1,868
Rental Size · PSF
~1,200 sqft · $4.14 psf/mo

Softening (-3.9% MoM) — buyers may push back on this size.

Rental steady, +1.3% MoM (64 leases last month). Currently -4.4% vs the RCR median.

Floor Band Price Range PSF Range
Low (01–10) $1,710,000–$2,360,000 $1,406–$1,890 psf
High (11+) $2,500,000–$3,050,000 $1,976–$2,192 psf

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

Get a Free Valuation
Resale Caveats
2
Exit Price Est.
$3,399,211
12-mo avg · 25 caveats
Exit Median PSF
$1,725
Rental Size · PSF
~1,650 sqft · $4.23 psf/mo

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

Rental softening, -3.1% MoM — price with that in mind (12 leases last month). Currently -11.7% vs the RCR median.

Floor Band Price Range PSF Range
Low (01–10) $2,065,000–$3,000,000 $1,177–$1,846 psf
High (11+) $3,158,888–$3,500,000 $1,463–$2,021 psf

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

Get a Free Valuation
Median Rent · 1-Bed
$3,000/mo
Low–High Range
$2,700–$3,100/mo
Est. Gross Yield
~3.7%
Median Size · PSF
~450 sqft · $6.67 psf/mo

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

Project Leases Median Rent
Eight Riversuites 5 $3,200/mo
Gem Residences 5 $3,050/mo
Neem Tree 5 $2,800/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
Median Rent · 2-Bed
$3,800/mo
Low–High Range
$3,600–$4,125/mo
Est. Gross Yield
~2.8%
Median Size · PSF
~850 sqft · $4.47 psf/mo

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

Project Leases Median Rent
Eight Riversuites 8 $4,150/mo
One Dusun Residences 7 $3,500/mo
Gem Residences 6 $3,650/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
$4,962/mo
Low–High Range
$4,100–$5,362/mo
Est. Gross Yield
~2.2%
Median Size · PSF
~1,200 sqft · $4.14 psf/mo

Rents holding steady (+1.3% MoM) on thin volume.

Project Leases Median Rent
Trellis Towers 6 $5,175/mo
Vista Residences 6 $5,350/mo
Eight Riversuites 4 $5,175/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+
$6,975/mo
Low–High Range
$6,250–$7,008/mo
Est. Gross Yield
Median Size · PSF
~1,650 sqft · $4.23 psf/mo

Rents softening (-3.1% MoM) on rising demand.

Project Leases Median Rent
Non-Landed Housing Development 2 $5,800/mo
St Francis Court 2 $3,325/mo
The Riverine By The Park 2 $8,000/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