Issue 001October 11, 2026

District 23 Pulse | September 2026 | Bukit Batok / Choa Chu Kang

Verified & checked as of 20 Oct 2026

District 23 Pulse September 2026
Roncasa ▪ Data Pulse District 23 · Bukit Batok / Choa Chu Kang Verified as of 24 Oct 2026 September 2026
◆ Balanced Market◆ Sellers Hold Leverage◆ Stable Rental Market
Median PSF · September 2026
$1,505 ▲ +4.3% MoM
Resale Caveats
68
▲ 1.5% vs prior mth
vs OCR Median
-2.2%
▲ $1,538 base
District Rank
#8 / 28
OCR by PSF

PSF moved 4.3% in a single month — upward pressure in District 23 is real, not statistical noise.

Volume held broadly steady in District 23 in September 2026, with 68 resale caveats compared to 67 in August. Month-on-month, the district median PSF edged up 4.3% to $1,505 — a constructive signal for sellers. The district sits below the OCR region median of $1,538 psf (-2.2%).

$1,505
Median PSF
68
Resale Caveats
#8
District Rank

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

01District Context
$1,400$1,590$1,780JulAugSep$1,505 ↑4.3%DistrictOCRIsland Wide

District 23 vs OCR vs Island Wide — Median PSF, last 3 months. Source: URA REALIS.

Metric District 23 OCR Region Island Wide
Median PSF $1,505 $1,538 $1,707
Caveats 68 631 1,126
vs D23 — +2.2% +13.4%
District 23$1,505OCR Region$1,538Island Wide$1,707

District 23 ranks #8 of 28 OCR 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 76 $1,486 -1.5%
Aug 2026 67 $1,443 -2.9%
Sep 2026 68 $1,505 +4.3%

Over the 3 months to September 2026, District 23's median PSF has held steady (+1.3%), while caveat volume shrank.

Condo & EC resale only. Source: URA REALIS.

02ResaleSeptember 2026

The $1,505 median PSF represents a 4.3% gain against August's $1,443. Caveat count was broadly unchanged at 68. 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 23: 1 penthouse sale.

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 D23
Sol Acres 5 7% $1,566 +4.1%
Kingsford . Hillview Peak 4 6% $1,394 -7.3%
Parkview Apartments 3 4% $1,008 -33.0%
Guilin View 3 4% $1,074 -28.6%
Palm Gardens 3 4% $1,053 -30.0%
All other projects 50 74% — —

Sol Acres led with 5 caveats (7% of all district resale) at a median $1,566 psf — near the district median. Kingsford . Hillview Peak and Parkview Apartments followed with 4 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.

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 10 15% $1,471 +0.0%
2-Bed 12 18% $1,585 +9.3%
3-Bed 33 49% $1,482 +7.0%
4-Bed+ 13 19% $1,536 +10.6%
Type Caveats Share Median PSF MoM PSF
1-Bed 10 15% $1,471 +0.0%

Top Projects — 1-Bed

Project Caveats Share of Bucket Median PSF
Hillion Residences 2 20.0% $1,943
Hillsta 2 20.0% $1,355
Kingsford . Hillview Peak 2 20.0% $1,417
Type Caveats Share Median PSF MoM PSF
2-Bed 12 18% $1,585 +9.3%

Top Projects — 2-Bed

Project Caveats Share of Bucket Median PSF
Sol Acres 3 25.0% $1,506
Kingsford . Hillview Peak 2 16.7% $1,216
Foresque Residences 1 8.3% $1,577
Type Caveats Share Median PSF MoM PSF
3-Bed 33 49% $1,482 +7.0%

Top Projects — 3-Bed

Project Caveats Share of Bucket Median PSF
Palm Gardens 3 9.1% $1,053
Parkview Apartments 3 9.1% $1,008
Regent Grove 2 6.1% $1,006
Type Caveats Share Median PSF MoM PSF
4-Bed+ 13 19% $1,536 +10.6%

Top Projects — 4-Bed+

Project Caveats Share of Bucket Median PSF
Guilin View 2 15.4% $926
Inz Residence 2 15.4% $1,459
Hazel Park Condominium 1 7.7% $1,766

3-Bed units led resale activity in September 2026, accounting for 33 of 68 caveats (49%) at a median $1,482 psf. That segment's PSF moved 7.0% 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. Source: URA REALIS + Roncasa unit mix.

Median PSF by Bedroom Type — 3-Month Movement

$1,236$1,454$1,673JulAugSep1-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
The Dairy Farm 01-05 1,948 $3,150,000 $1,617
Hillington Green 06-10 1,755 $2,973,800 $1,695
Hillview Heights 01-05 1,679 $2,950,000 $1,757
Hazel Park Condominium 06-10 1,518 $2,680,000 $1,766
Cashew Heights Condominium 01-05 1,658 $2,500,000 $1,508
Project Floor Size (sqft) Price PSF
Hillion Residences 16-20 710 $1,400,000 $1,971
The Hillier 11-15 818 $1,385,000 $1,693
Hillion Residences 16-20 710 $1,360,000 $1,914
The Hillier 16-20 592 $890,000 $1,503
The Tennery 11-15 614 $877,000 $1,429
Project Floor Size (sqft) Price PSF
The Dairy Farm 01-05 1,948 $3,150,000 $1,617
Glendale Park 01-05 1,033 $1,860,000 $1,800
Hillview Heights 06-10 958 $1,680,000 $1,754
Hillvista 06-10 915 $1,630,000 $1,782
Tree House 06-10 807 $1,368,000 $1,695
Project Floor Size (sqft) Price PSF
Cashew Heights Condominium 01-05 1,658 $2,500,000 $1,508
The Botany At Dairy Farm 06-10 1,033 $2,380,000 $2,303
Tree House 21-25 1,561 $2,280,000 $1,461
Hillington Green 06-10 1,356 $2,270,000 $1,674
Cashew Park Condominium 01-05 1,367 $2,100,000 $1,536
Project Floor Size (sqft) Price PSF
Hillington Green 06-10 1,755 $2,973,800 $1,695
Hillview Heights 01-05 1,679 $2,950,000 $1,757
Hazel Park Condominium 06-10 1,518 $2,680,000 $1,766
Inz Residence 06-10 1,711 $2,365,000 $1,382
Guilin View 26-30 3,025 $2,350,000 $777

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
OCR Vacancy Rate
5.2%
2026Q1 · +0.3pp vs 2025Q4 (4.9%)
4.3%6.0%7.6%2024Q22024Q42025Q22025Q45.2%OCRSingapore

OCR vs Singapore-wide vacancy rate, last 8 quarters. Source: SingStat / URA.

At 5.2% and rising 0.3pp QoQ, OCR vacancy is balanced, in line with the long-run norm — a useful signal for anyone weighing a rental play here.

Median Rent
$3,000/mo
Rent MoM
+0.0%
Leases This Month
45
Leases MoM
-16.7%
Median Size
~550 sqft
Rental PSF
$5.45 psf/mo

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

+6 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 Hillier 9 $3,150/mo
Kingsford . Hillview Peak 6 $3,075/mo
Midwood 6 $3,150/mo
Median Rent
$3,700/mo
Rent MoM
+1.4%
Leases This Month
102
Leases MoM
-17.1%
Median Size
~850 sqft
Rental PSF
$4.35 psf/mo

Rents holding steady (+1.4% 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 — 2-Bed Rentals

Project Leases Median Rent
Eco Sanctuary 7 $3,400/mo
Hillion Residences 6 $3,875/mo
The Botany At Dairy Farm 6 $3,975/mo
Median Rent
$4,425/mo
Rent MoM
-1.1%
Leases This Month
118
Leases MoM
-13.2%
Median Size
~1,250 sqft
Rental PSF
$3.54 psf/mo

Rents holding steady (-1.1% MoM) on thin volume.

Top Projects — 3-Bed Rentals

Project Leases Median Rent
Glendale Park 8 $5,000/mo
Hazel Park Condominium 7 $4,400/mo
Cashew Park Condominium 4 $3,700/mo
Median Rent
$5,400/mo
Rent MoM
-12.2%
Leases This Month
21
Leases MoM
+16.7%
Median Size
~1,450 sqft
Rental PSF
$3.72 psf/mo

Rents softening (-12.2% MoM) on rising demand.

Top Projects — 4-Bed+ Rentals

Project Leases Median Rent
Espa 2 $5,250/mo
Palm Gardens 2 $4,650/mo
The Botany At Dairy Farm 2 $7,300/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
Narra Residences 310 units 485 units 36%
The Myst 5 units 72 units 93%

315 new launch units remain unsold across 2 active projects in District 23. That supply keeps resale sellers competitive — buyers comparing both markets have real choice.

Source: EcoProp live balance. Latest available snapshot.

New Launch by Bedroom Type

No 1-Bed new launch units in District 23 this month.

Unit Type Available Total % Sold Size
2 Bedroom With Study 77 units 87 units 11% 721–721 sqft
2 Bedroom With Hs 41 units 66 units 38% 689–700 sqft
2 Bedroom Premium 19 units 58 units 67% 646–646 sqft
2 Bedroom Compact 5 units 30 units 83% 560–560 sqft
Unit Type Available Total % Sold Size
3 Bedroom Premium 66 units 101 units 35% 990–1,023 sqft
3 Bedroom With Study 20 units 25 units 20% 1,152–1,173 sqft
3 Bedroom Flexi 5 units 31 units 84% 872–872 sqft
Unit Type Available Total % Sold Size
4 Bedroom Compact 26 units 35 units 26% 1,152–1,152 sqft
5 Bedroom With Private Lift 26 units 26 units 0% 1,658–1,679 sqft
4 Bedroom Premium 25 units 26 units 4% 1,378–1,378 sqft
5 Bedroom 3 units 23 units 87% 1,690–2,034 sqft
4 Bedroom 2 units 49 units 96% 1,851–1,851 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 23 projects.

New Launch Volume Analysis

Scope New Sale Vol MoM Median PSF PSF MoM
District 12 units +50.0% $2,180 +3.1%
Region 116 units +56.8% $2,255 +6.6%
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.

12 units

District 23 sold 12 new launch units this month — #8 of 20 districts. D05 led with 44.

4.2% of the 284-unit Singapore total. Source: URA REALIS.

05Ron's Read
Ron's Read

A 4.3% 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 315 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
$965,110
vs OCR Median PSF
-4.3%
Est. Gross Yield
—
Rental Size · PSF
~550 sqft · $5.45 psf/mo

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

Estimate only, based on a 656 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
$1,452,512
vs OCR Median PSF
+3.1%
Est. Gross Yield
—
Rental Size · PSF
~850 sqft · $4.35 psf/mo

Rising (+9.3% MoM) — expect less room to negotiate on this size.

Estimate only, based on a 916 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
$1,976,276
vs OCR Median PSF
-3.7%
Est. Gross Yield
—
Rental Size · PSF
~1,250 sqft · $3.54 psf/mo

Rising (+7.0% MoM) — expect less room to negotiate on this size.

Estimate only, based on a 1,334 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
$2,802,198
vs OCR Median PSF
-0.1%
Est. Gross Yield
—
Rental Size · PSF
~1,450 sqft · $3.72 psf/mo

Rising (+10.6% MoM) — expect less room to negotiate on this size.

Estimate only, based on a 1,824 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
10
Exit Price Est.
$965,110
Exit Median PSF
$1,471
Rental Size · PSF
~550 sqft · $5.45 psf/mo

Flat (+0.0% MoM) — anchor to recent comparables.

Rental steady, +0.0% MoM (45 leases last month). Currently -4.3% vs the OCR median.

Floor Band Price Range PSF Range
Low (01–10) $770,000–$1,090,000 $1,370–$1,577 psf
High (11+) $850,000–$1,250,000 $1,439–$1,659 psf

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

Get a Free Valuation
Resale Caveats
12
Exit Price Est.
$1,452,512
Exit Median PSF
$1,585
Rental Size · PSF
~850 sqft · $4.35 psf/mo

Rising (+9.3% MoM) — expect less room to negotiate on this size.

Rental steady, +1.4% MoM (102 leases last month). Currently +3.1% vs the OCR median.

Floor Band Price Range PSF Range
Low (01–10) $1,150,000–$1,680,000 $1,096–$1,695 psf
High (11+) $1,290,000–$1,600,000 $1,191–$1,619 psf

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

Get a Free Valuation
Resale Caveats
33
Exit Price Est.
$1,976,276
Exit Median PSF
$1,482
Rental Size · PSF
~1,250 sqft · $3.54 psf/mo

Rising (+7.0% MoM) — expect less room to negotiate on this size.

Rental steady, -1.1% MoM (118 leases last month). Currently -3.7% vs the OCR median.

Floor Band Price Range PSF Range
Low (01–10) $1,410,000–$2,050,000 $1,080–$1,536 psf
High (11+) $1,540,000–$1,978,000 $1,074–$1,589 psf

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

Get a Free Valuation
Resale Caveats
13
Exit Price Est.
$2,802,198
Exit Median PSF
$1,536
Rental Size · PSF
~1,450 sqft · $3.72 psf/mo

Rising (+10.6% MoM) — expect less room to negotiate on this size.

Rental softening, -12.2% MoM — price with that in mind (21 leases last month). Currently -0.1% vs the OCR median.

Floor Band Price Range PSF Range
Low (01–10) $2,500,000–$3,380,000 $1,425–$1,695 psf
High (11+) Insufficient data (< 3 txns)

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

Get a Free Valuation
Median Rent · 1-Bed
$3,000/mo
Low–High Range
$2,900–$3,200/mo
Est. Gross Yield
~3.7%
Median Size · PSF
~550 sqft · $5.45 psf/mo

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

Project Leases Median Rent
The Hillier 9 $3,150/mo
Kingsford . Hillview Peak 6 $3,075/mo
Midwood 6 $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
$3,700/mo
Low–High Range
$3,400–$3,900/mo
Est. Gross Yield
~3.1%
Median Size · PSF
~850 sqft · $4.35 psf/mo

Rents holding steady (+1.4% MoM) on thin volume.

Project Leases Median Rent
Eco Sanctuary 7 $3,400/mo
Hillion Residences 6 $3,875/mo
The Botany At Dairy Farm 6 $3,975/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
$4,425/mo
Low–High Range
$4,000–$4,800/mo
Est. Gross Yield
~2.7%
Median Size · PSF
~1,250 sqft · $3.54 psf/mo

Rents holding steady (-1.1% MoM) on thin volume.

Project Leases Median Rent
Glendale Park 8 $5,000/mo
Hazel Park Condominium 7 $4,400/mo
Cashew Park Condominium 4 $3,700/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 Strategy
Median Rent · 4-Bed+
$5,400/mo
Low–High Range
$4,800–$6,300/mo
Est. Gross Yield
~2.3%
Median Size · PSF
~1,450 sqft · $3.72 psf/mo

Rents softening (-12.2% MoM) on rising demand.

Project Leases Median Rent
Espa 2 $5,250/mo
Palm Gardens 2 $4,650/mo
The Botany At Dairy Farm 2 $7,300/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