Issue 001June 9, 2026

District 21 Pulse | May 2026 | Upper Bukit Timah / Clementi Park

District 21 Pulse May 2026
Roncasa ▪ Data Pulse District 21 · Upper Bukit Timah / Clementi Park Verified as of 19 Jul 2026 May 2026
◆ Balanced Market◆ Hold Position◆ Stable Rental Market
Median PSF · May 2026
$1,829 ▼ -5.9% MoM
Resale Caveats
36
▼ 23.4% vs prior mth
vs RCR Median
-6.8%
▲ $1,963 base
District Rank
#5 / 28
RCR by PSF

District 21 is trading about 7% below the wider RCR median — that gap is worth understanding before you make a move here.

Volume cooled noticeably in District 21 in May 2026, with 36 resale caveats compared to 47 in April. Month-on-month, the district median PSF softened 5.9% to $1,829 — giving buyers a softer entry point. The district sits below the RCR region median of $1,963 psf (-6.8%).

$1,829
Median PSF
36
Resale Caveats
#5
District Rank

Verified as of 19 Jul 2026 · Latest URA data through May 2026

01District Context
$1,660$1,846$2,032MarAprMay$1,829 ↓5.9%DistrictOCRIsland Wide

District 21 vs OCR vs Island Wide — Median PSF, last 3 months. Source: URA REALIS.

Metric District 21 RCR Region Island Wide
Median PSF $1,829 $1,963 $1,719
Caveats 36 318 1,173
vs D21 +7.3% -6.0%
District 21$1,829RCR Region$1,963Island Wide$1,719

District 21 ranks #5 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 33 $1,711 -11.9%
Apr 2026 47 $1,944 +13.6%
May 2026 36 $1,829 -5.9%

Over the 3 months to May 2026, District 21's median PSF has climbed (+6.9%), while caveat volume grew.

Condo & EC resale only. Source: URA REALIS.

02ResaleMay 2026

The $1,829 median PSF represents a 5.9% dip against April's $1,944. Caveat count fell 23% from 47 to 36. 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 21: 3 penthouse sales · 1 dual-key unit · 1 study 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 D21
Daintree Residence 3 8% $1,943 +6.2%
The Hillford 2 6% $1,463 -20.0%
Clementi Park 2 6% $1,615 -11.7%
Jardin 2 6% $2,079 +13.6%
Maple Woods 2 6% $2,200 +20.3%
All other projects 25 69%

Daintree Residence led with 3 caveats (8% of all district resale) at a median $1,943 psf — 6% above the district median. The Hillford and Clementi Park followed with 2 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 1 $1,765 12-mo avg · 41 caveats
2-Bed 13 36% $1,830 -3.7%
3-Bed 18 50% $1,814 -13.3%
4-Bed+ (est.) 4 $1,736 12-mo avg · 69 caveats
Type Caveats Share Median PSF MoM PSF
1-Bed 1 $1,765 12-mo avg · 41 caveats

Top Projects — 1-Bed

Project Caveats Share of Bucket Median PSF
The Hillford 1 100.0% $1,479
Type Caveats Share Median PSF MoM PSF
2-Bed 13 36% $1,830 -3.7%

Top Projects — 2-Bed

Project Caveats Share of Bucket Median PSF
Daintree Residence 2 15.4% $1,971
Gardenvista 1 7.7% $1,830
Hillview Green 1 7.7% $1,482
Type Caveats Share Median PSF MoM PSF
3-Bed 18 50% $1,814 -13.3%

Top Projects — 3-Bed

Project Caveats Share of Bucket Median PSF
Clementi Park 2 11.1% $1,615
Maple Woods 2 11.1% $2,200
1 King Albert Park 1 5.6% $1,995
Type Caveats Share Median PSF MoM PSF
4-Bed+ (est.) 4 $1,736 12-mo avg · 69 caveats

Top Projects — 4-Bed+

Project Caveats Share of Bucket Median PSF
Floridian 1 25.0% $2,608
Pandan Valley 1 25.0% $1,425
Parc Palais 1 25.0% $1,877

3-Bed units led resale activity in May 2026, accounting for 18 of 36 caveats (50%) at a median $1,814 psf. That segment's PSF moved 13.3% 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

$1,310$1,809$2,307MarAprMay1-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
Floridian 01-05 1,679 $4,380,000 $2,608
Maple Woods 01-05 1,787 $4,100,000 $2,295
Clementi Park 01-05 2,368 $3,825,000 $1,615
Clementi Park 01-05 2,368 $3,825,000 $1,615
Jardin 06-10 1,722 $3,685,000 $2,140
Project Floor Size (sqft) Price PSF
The Hillford 01-05 398 $588,888 $1,479

Showing all 1 transactions this month for this size.

Project Floor Size (sqft) Price PSF
Jardin 01-05 1,130 $2,280,000 $2,017
Terrene At Bukit Timah 01-05 1,076 $2,228,000 $2,070
Suites De Laurel 01-05 1,356 $1,800,000 $1,327
Signature Park 06-10 1,033 $1,800,000 $1,742
Gardenvista 01-05 947 $1,733,000 $1,830
Project Floor Size (sqft) Price PSF
Maple Woods 01-05 1,787 $4,100,000 $2,295
Clementi Park 01-05 2,368 $3,825,000 $1,615
Clementi Park 01-05 2,368 $3,825,000 $1,615
Jardin 06-10 1,722 $3,685,000 $2,140
Hume Park Ii 06-10 1,722 $3,150,000 $1,829
Project Floor Size (sqft) Price PSF
Floridian 01-05 1,679 $4,380,000 $2,608
Pandan Valley 06-10 2,562 $3,650,000 $1,425
The Cascadia 06-10 1,410 $3,550,000 $2,518
Parc Palais 06-10 1,485 $2,788,000 $1,877

Showing all 4 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
$3,100/mo
Rent MoM
+3.3%
Leases This Month
24
Leases MoM
-20.0%
Median Size
~550 sqft
Rental PSF
$5.64 psf/mo

Rents firming (+3.3% MoM) on thin volume.

Top Projects — 1-Bed Rentals

Project Leases Median Rent
Kap Residences 5 $3,100/mo
Mayfair Gardens 4 $3,550/mo
The Hillford 4 $2,725/mo
Median Rent
$4,000/mo
Rent MoM
+0.0%
Leases This Month
69
Leases MoM
-17.9%
Median Size
~950 sqft
Rental PSF
$4.21 psf/mo

Rents holding steady (+0.0% MoM) on thin volume.

+5 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
Signature Park 6 $3,475/mo
Pandan Valley 5 $5,200/mo
Floridian 4 $4,525/mo
Median Rent
$5,000/mo
Rent MoM
+0.0%
Leases This Month
78
Leases MoM
+14.7%
Median Size
~1,350 sqft
Rental PSF
$3.70 psf/mo

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

+2 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
Maple Woods 9 $5,550/mo
Signature Park 7 $4,750/mo
Parc Palais 6 $4,500/mo
Median Rent
$6,800/mo
Rent MoM
-9.3%
Leases This Month
24
Leases MoM
+140.0%
Median Size
~1,600 sqft
Rental PSF
$4.25 psf/mo

Rents softening (-9.3% 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 — 4-Bed+ Rentals

Project Leases Median Rent
Floridian 3 $9,250/mo
Signature Park 3 $6,000/mo
The Cascadia 3 $6,800/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
The Sen 205 units 337 units 39%
8@bt 43 units 158 units 73%
Nava Grove 1 unit 46 units 98%
Pinetree Hill 1 unit 1 unit 0%

New launch supply is narrowing — 250 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 2 units 32 units 94% 517–517 sqft
Unit Type Available Total % Sold Size
2 Bedroom 64 units 158 units 59% 624–829 sqft
2 Bedroom + Study 49 units 103 units 52% 764–786 sqft
Unit Type Available Total % Sold Size
3 Bedroom 39 units 137 units 72% 872–1,238 sqft
3 Bedroom + Study 36 units 40 units 10% 1,259–1,259 sqft
Unit Type Available Total % Sold Size
4 Bedroom + Study 34 units 40 units 15% 1,453–1,453 sqft
4 Bedroom 23 units 29 units 21% 1,356–1,593 sqft
Penthouse 3 units 3 units 0% 1,356–2,874 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 21 projects.

New Launch Volume Analysis

Scope New Sale Vol MoM Median PSF PSF MoM
District 48 units +9.1% $2,660 +7.5%
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.

48 units

District 21 sold 48 new launch units this month — #5 of 22 districts. D05 led with 415.

5.4% of the 884-unit Singapore total. Source: URA REALIS.

05Ron's Read
Ron's Read

District 21 saw both prices and volume ease in May 2026 — the kind of double softening that creates real negotiating room. Not a distressed signal, but sellers who priced optimistically may need to recalibrate. 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 250 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
$1,098,742
12-mo avg · 41 caveats
vs OCR Median PSF
-10.1%
Est. Gross Yield
Rental Size · PSF
~550 sqft · $5.64 psf/mo

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

Estimate only, based on a 623 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
$1,660,342
vs OCR Median PSF
-6.8%
Est. Gross Yield
~2.9%
Rental Range
$3,600–$4,300/mo
Rental Size · PSF
~950 sqft · $4.21 psf/mo

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

Estimate only, based on a 908 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
$2,453,373
vs OCR Median PSF
-7.6%
Est. Gross Yield
~2.4%
Rental Range
$4,425–$5,588/mo
Rental Size · PSF
~1,350 sqft · $3.70 psf/mo

Softening (-13.3% MoM) — a reasonable window to negotiate on this size.

Estimate only, based on a 1,352 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
$3,388,147
12-mo avg · 69 caveats
vs OCR Median PSF
-11.6%
Est. Gross Yield
Rental Size · PSF
~1,600 sqft · $4.25 psf/mo

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

Estimate only, based on a 1,952 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
1
Exit Price Est.
$1,098,742
12-mo avg · 41 caveats
Exit Median PSF
$1,765
Rental Size · PSF
~550 sqft · $5.64 psf/mo

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

Rental strong, +3.3% MoM — supports pricing (24 leases last month). Currently -10.1% vs the RCR median.

Floor Band Price Range PSF Range
Low (01–10) $1,158,000–$1,450,000 $1,887–$2,064 psf
High (11+) Insufficient data (< 3 txns)

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

Get a Free Valuation
Resale Caveats
13
Exit Price Est.
$1,660,342
Exit Median PSF
$1,830
Rental Size · PSF
~950 sqft · $4.21 psf/mo

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

Rental steady, +0.0% MoM (69 leases last month). Currently -6.8% vs the RCR median.

Floor Band Price Range PSF Range
Low (01–10) $1,680,000–$2,228,000 $1,627–$2,230 psf
High (11+) Insufficient data (< 3 txns)

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

Get a Free Valuation
Resale Caveats
18
Exit Price Est.
$2,453,373
Exit Median PSF
$1,814
Rental Size · PSF
~1,350 sqft · $3.70 psf/mo

Softening (-13.3% MoM) — buyers may push back on this size.

Rental steady, +0.0% MoM (78 leases last month). Currently -7.6% vs the RCR median.

Floor Band Price Range PSF Range
Low (01–10) $2,115,000–$3,135,000 $1,654–$2,265 psf
High (11+) Insufficient data (< 3 txns)

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

Get a Free Valuation
Resale Caveats
4
Exit Price Est.
$3,388,147
12-mo avg · 69 caveats
Exit Median PSF
$1,736
Rental Size · PSF
~1,600 sqft · $4.25 psf/mo

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

Rental softening, -9.3% MoM — price with that in mind (24 leases last month). Currently -11.6% vs the RCR median.

Floor Band Price Range PSF Range
Low (01–10) $3,060,000–$3,825,000 $1,573–$1,908 psf
High (11+) $1,938,000–$5,200,000 $851–$1,105 psf

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

Get a Free Valuation
Median Rent · 1-Bed
$3,100/mo
Low–High Range
$2,875–$3,400/mo
Est. Gross Yield
Median Size · PSF
~550 sqft · $5.64 psf/mo

Rents firming (+3.3% MoM) on thin volume.

Project Leases Median Rent
Kap Residences 5 $3,100/mo
Mayfair Gardens 4 $3,550/mo
The Hillford 4 $2,725/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
$4,000/mo
Low–High Range
$3,600–$4,300/mo
Est. Gross Yield
~2.9%
Median Size · PSF
~950 sqft · $4.21 psf/mo

Rents holding steady (+0.0% MoM) on thin volume.

Project Leases Median Rent
Signature Park 6 $3,475/mo
Pandan Valley 5 $5,200/mo
Floridian 4 $4,525/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
$5,000/mo
Low–High Range
$4,425–$5,588/mo
Est. Gross Yield
~2.4%
Median Size · PSF
~1,350 sqft · $3.70 psf/mo

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

Project Leases Median Rent
Maple Woods 9 $5,550/mo
Signature Park 7 $4,750/mo
Parc Palais 6 $4,500/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+
$6,800/mo
Low–High Range
$5,950–$8,738/mo
Est. Gross Yield
Median Size · PSF
~1,600 sqft · $4.25 psf/mo

Rents softening (-9.3% MoM) on rising demand.

Project Leases Median Rent
Floridian 3 $9,250/mo
Signature Park 3 $6,000/mo
The Cascadia 3 $6,800/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