Issue 001August 18, 2026

District 12 Pulse | July 2026 | Toa Payoh / Balestier

District 12 Pulse July 2026
Roncasa ▪ Data Pulse District 12 · Toa Payoh / Balestier Verified as of 30 Aug 2026 July 2026
◆ Balanced Market◆ Sellers Hold Leverage◆ Tenant's Market
Median PSF · July 2026
$1,706 ▼ -9.9% MoM
Resale Caveats
34
▲ 9.7% vs prior mth
vs RCR Median
-14.7%
▲ $2,000 base
District Rank
#12 / 28
RCR by PSF

District 12 is trading about 15% below the wider RCR median — that gap is worth understanding before you make a move here.

Transaction volume picked up in District 12 in July 2026, with 34 resale caveats compared to 31 in June. Month-on-month, the district median PSF softened 9.9% to $1,706 — giving buyers a softer entry point. The district sits below the RCR region median of $2,000 psf (-14.7%).

$1,706
Median PSF
34
Resale Caveats
#12
District Rank

Verified as of 30 Aug 2026 · Latest URA data through Jul 2026

01District Context
$1,654$1,857$2,060MayJunJul$1,706 ↓9.9%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 $1,706 $2,000 $1,710
Caveats 34 315 1,115
vs D12 +17.3% +0.3%
District 12$1,706RCR Region$2,000Island Wide$1,710

District 12 ranks #12 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
May 2026 32 $1,763 +0.5%
Jun 2026 31 $1,894 +7.4%
Jul 2026 34 $1,706 -9.9%

Over the 3 months to July 2026, District 12's median PSF has eased (-3.3%), while caveat volume grew.

Condo & EC resale only. Source: URA REALIS.

02ResaleJuly 2026

The $1,706 median PSF represents a 9.9% dip against June's $1,894. Caveat count rose 10% from 31 to 34. 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 12: 4 study units.

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 D12
Eight Riversuites 5 15% $1,852 +8.6%
Trevista 3 9% $2,267 +32.9%
De Royale 2 6% $1,953 +14.5%
Gem Residences 2 6% $2,135 +25.1%
8 Raja 1 3% $1,478 -13.4%
All other projects 21 62%

Eight Riversuites led with 5 caveats (15% of all district resale) at a median $1,852 psf — 9% above the district median. Trevista and De Royale 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.

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 18% $1,487 -20.7%
2-Bed 16 47% $1,763 -1.9%
3-Bed 7 21% $1,944 -6.2%
4-Bed+ 5 15% $1,478
Type Caveats Share Median PSF MoM PSF
1-Bed 6 18% $1,487 -20.7%

Top Projects — 1-Bed

Project Caveats Share of Bucket Median PSF
Beacon Heights 1 16.7% $1,409
City Suites 1 16.7% $1,565
The Callista 1 16.7% $1,361
Type Caveats Share Median PSF MoM PSF
2-Bed 16 47% $1,763 -1.9%

Top Projects — 2-Bed

Project Caveats Share of Bucket Median PSF
Eight Riversuites 4 25.0% $1,819
Gem Residences 2 12.5% $2,135
D'mira 1 6.2% $1,610
Type Caveats Share Median PSF MoM PSF
3-Bed 7 21% $1,944 -6.2%

Top Projects — 3-Bed

Project Caveats Share of Bucket Median PSF
De Royale 2 28.6% $1,953
Trevista 2 28.6% $2,273
Kim Keat Gardens 1 14.3% $1,079
Type Caveats Share Median PSF MoM PSF
4-Bed+ 5 15% $1,478

Top Projects — 4-Bed+

Project Caveats Share of Bucket Median PSF
8 Raja 1 20.0% $1,478
Eight Riversuites 1 20.0% $1,976
Giffard Mansions 1 20.0% $1,177

2-Bed units led resale activity in July 2026, accounting for 16 of 34 caveats (47%) at a median $1,763 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

$1,169$1,672$2,175MayJunJul1-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 31-35 1,733 $3,501,888 $2,021
Nadia Mansions 16-20 2,282 $3,338,888 $1,463
The Arte 26-30 1,625 $3,158,888 $1,944
8 Raja 06-10 2,024 $2,990,000 $1,478
Trevista 36-40 1,270 $2,880,000 $2,267
Project Floor Size (sqft) Price PSF
Vista Residences 16-20 904 $1,930,000 $2,135
Beacon Heights 01-05 667 $939,999 $1,409
City Suites 06-10 527 $825,700 $1,565
The Callista 01-05 592 $806,000 $1,361
Vetro 16-20 829 $775,000 $935
Project Floor Size (sqft) Price PSF
Kallang Riverside 06-10 1,001 $2,538,000 $2,535
Verticus 16-20 775 $1,800,000 $2,323
Riverside Melodies 06-10 1,076 $1,800,000 $1,672
D'mira 11-15 969 $1,560,000 $1,610
Eight Riversuites 16-20 840 $1,500,000 $1,787
Project Floor Size (sqft) Price PSF
The Arte 26-30 1,625 $3,158,888 $1,944
Trevista 36-40 1,270 $2,880,000 $2,267
Trevista 31-35 1,119 $2,550,000 $2,278
De Royale 26-30 1,259 $2,500,000 $1,985
De Royale 06-10 1,259 $2,420,000 $1,922
Project Floor Size (sqft) Price PSF
Trevista 31-35 1,733 $3,501,888 $2,021
Nadia Mansions 16-20 2,282 $3,338,888 $1,463
8 Raja 06-10 2,024 $2,990,000 $1,478
Eight Riversuites 16-20 1,356 $2,680,000 $1,976
Giffard Mansions 01-05 1,755 $2,065,000 $1,177

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: July 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
+1.0%
Leases This Month
64
Leases MoM
-3.0%
Median Size
~450 sqft
Rental PSF
$6.67 psf/mo

Rents holding steady (+1.0% 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
Cradels 8 $2,875/mo
Eight Riversuites 6 $3,150/mo
Gem Residences 5 $3,150/mo
Median Rent
$3,800/mo
Rent MoM
+2.7%
Leases This Month
89
Leases MoM
+0.0%
Median Size
~850 sqft
Rental PSF
$4.47 psf/mo

Rents firming (+2.7% MoM) on steady 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 — 2-Bed Rentals

Project Leases Median Rent
Gem Residences 11 $3,700/mo
Eight Riversuites 7 $4,000/mo
The Mezzo 5 $3,800/mo
Median Rent
$4,900/mo
Rent MoM
+6.5%
Leases This Month
78
Leases MoM
+52.9%
Median Size
~1,150 sqft
Rental PSF
$4.26 psf/mo

Rents firming (+6.5% MoM) on rising 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 — 3-Bed Rentals

Project Leases Median Rent
Vista Residences 7 $5,400/mo
Eight Riversuites 6 $4,950/mo
Trevista 6 $5,250/mo
Median Rent
$7,200/mo
Rent MoM
+6.7%
Leases This Month
7
Leases MoM
+16.7%
Median Size
~1,750 sqft
Rental PSF
$4.11 psf/mo

Rents firming (+6.7% MoM) on rising demand.

Top Projects — 4-Bed+ Rentals

Project Leases Median Rent
The Arte 2 $9,725/mo
Gem Residences 1 $6,300/mo
Oleander Towers 1 $6,200/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 63 units 141 units 55%
The Orie 35 units 117 units 70%
Jui Residences 1 unit 1 unit 0%

Thin new launch inventory (99 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 26 units 38 units 32% 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 7 units 39 units 82% 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 8 units +166.7% $2,630 +1.4%
Region 161 units +80.9% $2,732 +2.2%
Singapore 657 units +253.2% $2,683 +4.4%

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

8 units

District 12 sold 8 new launch units this month — #12 of 22 districts. D11 led with 208.

1.2% of the 657-unit Singapore total. Source: URA REALIS.

05Ron's Read
Ron's Read

PSF softened 9.9% in July 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. 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
$893,935
vs OCR Median PSF
-25.7%
Est. Gross Yield
Rental Size · PSF
~450 sqft · $6.67 psf/mo

Softening (-20.7% MoM) — a reasonable window 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
$1,618,635
vs OCR Median PSF
-11.9%
Est. Gross Yield
Rental Size · PSF
~850 sqft · $4.47 psf/mo

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

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
$2,860,096
vs OCR Median PSF
-2.8%
Est. Gross Yield
Rental Size · PSF
~1,150 sqft · $4.26 psf/mo

Softening (-6.2% 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
$2,911,020
vs OCR Median PSF
-26.1%
Est. Gross Yield
Rental Size · PSF
~1,750 sqft · $4.11 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
6
Exit Price Est.
$893,935
Exit Median PSF
$1,487
Rental Size · PSF
~450 sqft · $6.67 psf/mo

Softening (-20.7% MoM) — buyers may push back on this size.

Rental steady, +1.0% MoM (64 leases last month). Currently -25.7% vs the RCR median.

Floor Band Price Range PSF Range
Low (01–10) $900,000–$1,025,000 $1,409–$1,711 psf
High (11+) $885,000–$1,460,000 $1,597–$2,153 psf

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

Get a Free Valuation
Resale Caveats
16
Exit Price Est.
$1,618,635
Exit Median PSF
$1,763
Rental Size · PSF
~850 sqft · $4.47 psf/mo

Flat (-1.9% MoM) — anchor to recent comparables.

Rental strong, +2.7% MoM — supports pricing (89 leases last month). Currently -11.9% vs the RCR median.

Floor Band Price Range PSF Range
Low (01–10) $1,448,000–$1,830,000 $1,579–$1,796 psf
High (11+) $1,500,000–$2,280,000 $1,687–$2,180 psf

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

Get a Free Valuation
Resale Caveats
7
Exit Price Est.
$2,860,096
Exit Median PSF
$1,944
Rental Size · PSF
~1,150 sqft · $4.26 psf/mo

Softening (-6.2% MoM) — buyers may push back on this size.

Rental strong, +6.5% MoM — supports pricing (78 leases last month). Currently -2.8% vs the RCR median.

Floor Band Price Range PSF Range
Low (01–10) $1,740,000–$2,000,000 $1,406–$1,566 psf
High (11+) $2,500,000–$3,050,000 $1,774–$2,184 psf

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

Get a Free Valuation
Resale Caveats
5
Exit Price Est.
$2,911,020
Exit Median PSF
$1,478
Rental Size · PSF
~1,750 sqft · $4.11 psf/mo

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

Rental strong, +6.7% MoM — supports pricing (7 leases last month). Currently -26.1% vs the RCR median.

Floor Band Price Range PSF Range
Low (01–10) $1,980,000–$2,368,888 $940–$1,177 psf
High (11+) $3,205,000–$3,501,888 $1,463–$1,972 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
$2,800–$3,112/mo
Est. Gross Yield
~4.0%
Median Size · PSF
~450 sqft · $6.67 psf/mo

Rents holding steady (+1.0% MoM) on steady demand.

Project Leases Median Rent
Cradels 8 $2,875/mo
Eight Riversuites 6 $3,150/mo
Gem Residences 5 $3,150/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
$3,500–$4,100/mo
Est. Gross Yield
~2.8%
Median Size · PSF
~850 sqft · $4.47 psf/mo

Rents firming (+2.7% MoM) on steady demand.

Project Leases Median Rent
Gem Residences 11 $3,700/mo
Eight Riversuites 7 $4,000/mo
The Mezzo 5 $3,800/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 · 3-Bed
$4,900/mo
Low–High Range
$4,462–$5,375/mo
Est. Gross Yield
~2.1%
Median Size · PSF
~1,150 sqft · $4.26 psf/mo

Rents firming (+6.5% MoM) on rising demand.

Project Leases Median Rent
Vista Residences 7 $5,400/mo
Eight Riversuites 6 $4,950/mo
Trevista 6 $5,250/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 · 4-Bed+
$7,200/mo
Low–High Range
$6,450–$8,750/mo
Est. Gross Yield
~3.0%
Median Size · PSF
~1,750 sqft · $4.11 psf/mo

Rents firming (+6.7% MoM) on rising demand.

Project Leases Median Rent
The Arte 2 $9,725/mo
Gem Residences 1 $6,300/mo
Oleander Towers 1 $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