Issue 001June 3, 2026

District 26 Pulse | May 2026 | Upper Thomson / Mandai

District 26 Pulse May 2026
Roncasa ▪ Data Pulse District 26 · Upper Thomson / Mandai Verified as of 19 Jul 2026 May 2026
◆ Seller's Market◆ Sellers Hold Leverage◆ Tenant's Market
Median PSF · May 2026
$1,596 ▲ +10.8% MoM
Resale Caveats
8
▲ 14.3% vs prior mth
vs OCR Median
+4.1%
▲ $1,533 base
District Rank
#10 / 28
OCR by PSF

District 26 is trading about 4% above the wider OCR median — that gap is worth understanding before you make a move here.

Transaction volume picked up in District 26 in May 2026, with 8 resale caveats compared to 7 in April. Month-on-month, the district median PSF edged up 10.8% to $1,596 — a constructive signal for sellers. The district sits above the OCR region median of $1,533 psf (+4.1%).

$1,596
Median PSF
8
Resale Caveats
#10
District Rank

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

01District Context
$1,347$1,562$1,776MarAprMay$1,596 ↑10.8%DistrictOCRIsland Wide

District 26 vs OCR vs Island Wide — Median PSF, last 3 months. Source: URA REALIS.

Metric District 26 OCR Region Island Wide
Median PSF $1,596 $1,533 $1,719
Caveats 8 646 1,173
vs D26 -3.9% +7.7%
District 26$1,596OCR Region$1,533Island Wide$1,719

District 26 ranks #10 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
Mar 2026 6 $1,389 +1.0%
Apr 2026 7 $1,441 +3.7%
May 2026 8 $1,596 +10.8%

Over the 3 months to May 2026, District 26's median PSF has climbed (+14.9%), while caveat volume grew.

Condo & EC resale only. Source: URA REALIS.

02ResaleMay 2026

The $1,596 median PSF represents a 10.8% gain against April's $1,441. Caveat count rose 14% from 7 to 8. 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 D26
The Calrose 3 38% $1,997 +25.1%
Castle Green 1 12% $1,532 -4.0%
The Essence 1 12% $1,442 -9.6%
Meadows @ Peirce 1 12% $1,640 +2.8%
The Brooks Ii 1 12% $1,552 -2.8%
All other projects 1 12%

The Calrose led with 3 caveats (38% of all district resale) at a median $1,997 psf — 25% above the district median. Castle Green and The Essence followed with 1 and 1 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 0 Too few resale caveats over the past 12 months to report a reliable figure (3 in the past year).
2-Bed 3 $1,411 12-mo avg · 30 caveats
3-Bed (est.) 2 $1,502 12-mo avg · 34 caveats
4-Bed+ 3 $1,568 12-mo avg · 11 caveats
Type Caveats Share Median PSF MoM PSF
1-Bed 0 Too few resale caveats over the past 12 months to report a reliable figure (3 in the past year).

Top Projects — 1-Bed

Project Caveats Share of Bucket Median PSF
No caveats for 1-Bed this month.
Type Caveats Share Median PSF MoM PSF
2-Bed 3 $1,411 12-mo avg · 30 caveats

Top Projects — 2-Bed

Project Caveats Share of Bucket Median PSF
Meadows @ Peirce 1 33.3% $1,640
The Brooks Ii 1 33.3% $1,552
The Essence 1 33.3% $1,442
Type Caveats Share Median PSF MoM PSF
3-Bed (est.) 2 $1,502 12-mo avg · 34 caveats

Top Projects — 3-Bed

Project Caveats Share of Bucket Median PSF
The Calrose 1 50.0% $1,957
Thomson Grove 1 50.0% $1,429
Type Caveats Share Median PSF MoM PSF
4-Bed+ 3 $1,568 12-mo avg · 11 caveats

Top Projects — 4-Bed+

Project Caveats Share of Bucket Median PSF
The Calrose 2 66.7% $2,067
Castle Green 1 33.3% $1,532

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

$1,205$1,651$2,097MarAprMay1-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
Thomson Grove 06-10 2,896 $4,138,000 $1,429
The Calrose 01-05 1,442 $3,082,000 $2,137
The Calrose 01-05 1,442 $2,880,000 $1,997
The Calrose 01-05 1,410 $2,760,000 $1,957
Castle Green 11-15 1,410 $2,160,000 $1,532
Project Floor Size (sqft) Price PSF
No transactions this size band in the top 5 by price this month.
Project Floor Size (sqft) Price PSF
Meadows @ Peirce 01-05 1,195 $1,960,000 $1,640
The Brooks Ii 01-05 818 $1,270,000 $1,552
The Essence 01-05 700 $1,008,888 $1,442

Showing all 3 transactions this month for this size.

Project Floor Size (sqft) Price PSF
Thomson Grove 06-10 2,896 $4,138,000 $1,429
The Calrose 01-05 1,410 $2,760,000 $1,957

Showing all 2 transactions this month for this size.

Project Floor Size (sqft) Price PSF
The Calrose 01-05 1,442 $3,082,000 $2,137
The Calrose 01-05 1,442 $2,880,000 $1,997
Castle Green 11-15 1,410 $2,160,000 $1,532

Showing all 3 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
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
12-mo avg · 30 leases
Rent MoM
n/a
Leases This Month
4
Leases MoM
n/a
Median Size
~550 sqft
Rental PSF
$5.45 psf/mo
Median Rent
$3,800/mo
Rent MoM
+2.7%
Leases This Month
25
Leases MoM
+47.1%
Median Size
~750 sqft
Rental PSF
$5.07 psf/mo

Rents firming (+2.7% 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 — 2-Bed Rentals

Project Leases Median Rent
Lentor Modern 13 $4,000/mo
Bullion Park 5 $3,400/mo
Castle Green 2 $3,125/mo
Median Rent
$4,700/mo
Rent MoM
+4.4%
Leases This Month
17
Leases MoM
-10.5%
Median Size
~1,250 sqft
Rental PSF
$3.76 psf/mo

Rents firming (+4.4% MoM) on thin volume.

Top Projects — 3-Bed Rentals

Project Leases Median Rent
Bullion Park 3 $4,500/mo
Lentor Modern 3 $5,300/mo
The Calrose 3 $4,800/mo
Median Rent
$5,800/mo
12-mo avg · 34 leases
Rent MoM
n/a
Leases This Month
4
Leases MoM
n/a
Median Size
~1,550 sqft
Rental PSF
$3.74 psf/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
Lentor Gardens Residences 232 units 469 units 51%
Springleaf Residence 19 units 79 units 76%
Lentoria 18 units 223 units 92%
Hillock Green 3 units 88 units 97%
Springleaf Collection 2 units 3 units 33%

New launch supply is narrowing — 274 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

Unit Type Available Total % Sold Size
1 Bedroom 7 units 45 units 84% 538–689 sqft
Unit Type Available Total % Sold Size
2 Bedroom + Study 105 units 147 units 29% 732–732 sqft
2 Bedroom Premium 37 units 75 units 51% 646–678 sqft
2 Bedroom 5 units 92 units 95% 700–732 sqft
2 Bedroom Premium (Hs) 3 units 30 units 90% 689–689 sqft
2 Bedroom Classic 2 units 66 units 97% 775–818 sqft
Unit Type Available Total % Sold Size
3 Bedroom Premium 19 units 99 units 81% 1,001–1,119 sqft
3 Bedroom Premium + Study 11 units 32 units 66% 969–969 sqft
3 Bedroom@Conserved Building V Balcony/Pes 6 units 8 units 25% 1,259–1,259 sqft
3 Bedroom 3 units 48 units 94% 936–936 sqft
Unit Type Available Total % Sold Size
4 Bedroom Premium 36 units 45 units 20% 1,346–1,356 sqft
4 Bedroom Compact 19 units 60 units 68% 1,184–1,184 sqft
5 Bedroom 13 units 71 units 82% 1,453–1,475 sqft
4 Bedroom 3 units 38 units 92% 1,206–1,206 sqft
5 Bedroom (Corner Unit) 1 unit 1 unit 0% 2,633–2,633 sqft
6 Bedroom (Pool Unit) 1 unit 2 units 50% 3,100–3,100 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 26 projects.

New Launch Volume Analysis

Scope New Sale Vol MoM Median PSF PSF MoM
District 11 units -31.2% $2,299 +1.2%
Region 245 units -89.9% $2,116 -3.5%
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.

11 units

District 26 sold 11 new launch units this month — #14 of 22 districts. D05 led with 415.

1.2% of the 884-unit Singapore total. Source: URA REALIS.

05Ron's Read
Ron's Read

May 2026 was an active month for District 26 — prices and volume moved up together. That's a stronger read than PSF gains on thin activity. When volume confirms price, it's real. Sellers can hold asking prices with reasonable confidence. Buyers chasing specific projects should price in less negotiating room this month. With 274 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?

Too few resale caveats over the past 12 months to report a reliable figure (3 in the past year).

Typical Entry Price
$1,227,831
12-mo avg · 30 caveats
vs OCR Median PSF
-7.9%
Est. Gross Yield
Rental Size · PSF
~750 sqft · $5.07 psf/mo

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

Estimate only, based on a 870 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
$1,792,898
12-mo avg · 34 caveats
vs OCR Median PSF
-2.0%
Est. Gross Yield
Rental Size · PSF
~1,250 sqft · $3.76 psf/mo

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

Estimate only, based on a 1,194 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
$2,573,546
12-mo avg · 11 caveats
vs OCR Median PSF
+2.3%
Est. Gross Yield
~2.7%
12-mo avg basis
Rental Range
$5,200–$6,575/mo
Rental Size · PSF
~1,550 sqft · $3.74 psf/mo

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

Estimate only, based on a 1,641 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

Too few resale caveats over the past 12 months to report a reliable figure (3 in the past year).

Resale Caveats
3
Exit Price Est.
$1,227,831
12-mo avg · 30 caveats
Exit Median PSF
$1,411
Rental Size · PSF
~750 sqft · $5.07 psf/mo

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

Rental strong, +2.7% MoM — supports pricing (25 leases last month). Currently -7.9% vs the OCR median.

Floor Band Price Range PSF Range
Low (01–10) $1,270,000–$1,600,000 $1,372–$1,552 psf
High (11+) Insufficient data (< 3 txns)

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

Get a Free Valuation
Resale Caveats
2
Exit Price Est.
$1,792,898
12-mo avg · 34 caveats
Exit Median PSF
$1,502
Rental Size · PSF
~1,250 sqft · $3.76 psf/mo

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

Rental strong, +4.4% MoM — supports pricing (17 leases last month). Currently -2.0% vs the OCR median.

Floor Band Price Range PSF Range
Low (01–10) $1,630,000–$2,880,000 $1,283–$1,997 psf
High (11+) Insufficient data (< 3 txns)

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

Get a Free Valuation
Resale Caveats
3
Exit Price Est.
$2,573,546
12-mo avg · 11 caveats
Exit Median PSF
$1,568
Rental Size · PSF
~1,550 sqft · $3.74 psf/mo

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

34 leases over the trailing 12 months (12-mo avg · 34 leases) — this month's count is too thin for a MoM read. Currently +2.3% vs the OCR median.

Floor Band Price Range PSF Range
Low (01–10) $3,160,000–$4,138,000 $1,429–$1,727 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
12-mo avg · 30 leases
Low–High Range
$2,800–$3,000/mo
Est. Gross Yield
Median Size · PSF
~550 sqft · $5.45 psf/mo

12-mo avg · 30 leases

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–$4,000/mo
Est. Gross Yield
Median Size · PSF
~750 sqft · $5.07 psf/mo

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

Project Leases Median Rent
Lentor Modern 13 $4,000/mo
Bullion Park 5 $3,400/mo
Castle Green 2 $3,125/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
$4,700/mo
Low–High Range
$4,250–$5,000/mo
Est. Gross Yield
Median Size · PSF
~1,250 sqft · $3.76 psf/mo

Rents firming (+4.4% MoM) on thin volume.

Project Leases Median Rent
Bullion Park 3 $4,500/mo
Lentor Modern 3 $5,300/mo
The Calrose 3 $4,800/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 · 4-Bed+
$5,800/mo
12-mo avg · 34 leases
Low–High Range
$5,200–$6,575/mo
Est. Gross Yield
~2.7%
12-mo avg basis
Median Size · PSF
~1,550 sqft · $3.74 psf/mo

12-mo avg · 34 leases

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