Issue 001September 4, 2026

District 28 Pulse | August 2026 | Seletar / Yio Chu Kang

District 28 Pulse August 2026
Roncasa ▪ Data Pulse District 28 · Seletar / Yio Chu Kang Verified as of 23 Sep 2026 August 2026
◆ Seller's Market◆ Sellers Hold Leverage◆ Stable Rental Market
Median PSF · August 2026
$1,532 ▲ +1.4% MoM
Resale Caveats
20
▼ 33.3% vs prior mth
vs OCR Median
+0.9%
▲ $1,519 base
District Rank
#8 / 28
OCR by PSF

Riverbank @ Fernvale captured 15% of all resale caveats in District 28 this month — unusually concentrated activity for one project.

Volume cooled noticeably in District 28 in August 2026, with 20 resale caveats compared to 30 in July. Month-on-month, the district median PSF edged up 1.4% to $1,532 — a constructive signal for sellers. The district sits above the OCR region median of $1,519 psf (+0.9%).

$1,532
Median PSF
20
Resale Caveats
#8
District Rank

Verified as of 23 Sep 2026 · Latest URA data through Aug 2026

01District Context
$1,466$1,622$1,778JunJulAug$1,532 ↑1.4%DistrictOCRIsland Wide

District 28 vs OCR vs Island Wide — Median PSF, last 3 months. Source: URA REALIS.

Metric District 28 OCR Region Island Wide
Median PSF $1,532 $1,519 $1,726
Caveats 20 589 1,076
vs D28 -0.9% +12.7%
District 28$1,532OCR Region$1,519Island Wide$1,726

District 28 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
Jun 2026 21 $1,531 -2.6%
Jul 2026 30 $1,511 -1.3%
Aug 2026 20 $1,532 +1.4%

Over the 3 months to August 2026, District 28's median PSF has held steady (+0.1%), while caveat volume stayed roughly flat.

Condo & EC resale only. Source: URA REALIS.

02ResaleAugust 2026

The $1,532 median PSF represents a 1.4% gain against July's $1,511. Caveat count fell 33% from 30 to 20. 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 28: 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 D28
Riverbank @ Fernvale 3 15% $1,612 +5.2%
Parc Botannia 3 15% $1,712 +11.7%
The Greenwich 2 10% $1,280 -16.5%
The Topiary 2 10% $1,581 +3.2%
Lush Acres 2 10% $1,477 -3.6%
All other projects 8 40%

Riverbank @ Fernvale led with 3 caveats (15% of all district resale) at a median $1,612 psf — 5% above the district median. Parc Botannia and The Greenwich 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 2 $1,618 12-mo avg · 36 caveats
2-Bed 4 $1,589 12-mo avg · 86 caveats
3-Bed 9 45% $1,462 -2.9%
4-Bed+ 5 25% $1,676 +23.9%
Type Caveats Share Median PSF MoM PSF
1-Bed 2 $1,618 12-mo avg · 36 caveats

Top Projects — 1-Bed

Project Caveats Share of Bucket Median PSF
Parc Botannia 1 50.0% $1,538
The Greenwich 1 50.0% $1,344
Type Caveats Share Median PSF MoM PSF
2-Bed 4 $1,589 12-mo avg · 86 caveats

Top Projects — 2-Bed

Project Caveats Share of Bucket Median PSF
High Park Residences 1 25.0% $1,660
Parc Botannia 1 25.0% $1,712
Rivertrees Residences 1 25.0% $1,612
Type Caveats Share Median PSF MoM PSF
3-Bed 9 45% $1,462 -2.9%

Top Projects — 3-Bed

Project Caveats Share of Bucket Median PSF
Grande Vista 2 22.2% $1,434
Riverbank @ Fernvale 2 22.2% $1,526
Floraville 1 11.1% $1,705
Type Caveats Share Median PSF MoM PSF
4-Bed+ 5 25% $1,676 +23.9%

Top Projects — 4-Bed+

Project Caveats Share of Bucket Median PSF
High Park Residences 1 20.0% $1,676
Lush Acres 1 20.0% $1,493
Mimosa Park 1 20.0% $1,322

3-Bed units led resale activity in August 2026, accounting for 9 of 20 caveats (45%) at a median $1,462 psf. That segment's PSF moved 2.9% 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

$1,285$1,544$1,803JunJulAug1-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
Parc Botannia 11-15 1,453 $2,530,000 $1,741
Mimosa Park 01-05 1,755 $2,320,000 $1,322
Lush Acres 01-05 1,507 $2,250,000 $1,493
Grande Vista 01-05 1,636 $2,235,000 $1,366
Riverbank @ Fernvale 06-10 1,238 $2,100,000 $1,696
Project Floor Size (sqft) Price PSF
The Greenwich 01-05 603 $810,000 $1,344
Parc Botannia 01-05 506 $778,000 $1,538

Showing all 2 transactions this month for this size.

Project Floor Size (sqft) Price PSF
The Topiary 01-05 753 $1,150,000 $1,526
Rivertrees Residences 06-10 710 $1,145,000 $1,612
High Park Residences 21-25 667 $1,108,000 $1,660
Parc Botannia 16-20 581 $995,000 $1,712

Showing all 4 transactions this month for this size.

Project Floor Size (sqft) Price PSF
Grande Vista 01-05 1,636 $2,235,000 $1,366
Grande Vista 01-05 1,238 $1,860,000 $1,503
The Topiary 11-15 1,055 $1,725,000 $1,635
Riverbank @ Fernvale 16-20 1,055 $1,700,000 $1,612
Lush Acres 11-15 1,130 $1,651,888 $1,462
Project Floor Size (sqft) Price PSF
Parc Botannia 11-15 1,453 $2,530,000 $1,741
Mimosa Park 01-05 1,755 $2,320,000 $1,322
Lush Acres 01-05 1,507 $2,250,000 $1,493
Riverbank @ Fernvale 06-10 1,238 $2,100,000 $1,696
High Park Residences 01-05 1,152 $1,930,000 $1,676

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
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
$2,675/mo
Rent MoM
+0.9%
Leases This Month
16
Leases MoM
+6.7%
Median Size
~550 sqft
Rental PSF
$4.86 psf/mo

Rents holding steady (+0.9% MoM) on steady 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 — 1-Bed Rentals

Project Leases Median Rent
Parc Botannia 7 $2,550/mo
Seletar Park Residence 3 $2,750/mo
The Greenwich 3 $2,950/mo
Median Rent
$3,250/mo
Rent MoM
+1.6%
Leases This Month
32
Leases MoM
+6.7%
Median Size
~650 sqft
Rental PSF
$5.00 psf/mo

Rents holding steady (+1.6% MoM) on steady demand.

Top Projects — 2-Bed Rentals

Project Leases Median Rent
High Park Residences 12 $3,075/mo
H2o Residences 5 $3,300/mo
Parc Botannia 5 $3,400/mo
Median Rent
$3,800/mo
Rent MoM
-5.0%
Leases This Month
19
Leases MoM
+0.0%
Median Size
~1,250 sqft
Rental PSF
$3.04 psf/mo

Rents softening (-5.0% MoM) on steady demand.

Top Projects — 3-Bed Rentals

Project Leases Median Rent
Serenity Park 4 $3,550/mo
Grande Vista 3 $4,100/mo
High Park Residences 3 $3,700/mo
Median Rent
$4,875/mo
Rent MoM
-2.5%
Leases This Month
6
Leases MoM
-25.0%
Median Size
~1,350 sqft
Rental PSF
$3.61 psf/mo

Rents softening (-2.5% MoM) on thin volume.

Top Projects — 4-Bed+ Rentals

Project Leases Median Rent
The Topiary 3 $4,900/mo
H2o Residences 2 $4,675/mo
Rivertrees Residences 1 $5,000/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
Belgravia Ace 14 units 104 units 87%

New launch supply in District 28 is effectively exhausted (14 units). Resale is the only game in town — that structural scarcity generally supports price floors. With almost no new launch left, resale is effectively the only market. Don't expect developers to set the price ceiling here.

Source: EcoProp live balance. Latest available snapshot.

New Launch Volume Analysis

Scope New Sale Vol MoM Median PSF PSF MoM
District 0 units
Region 73 units -72.7% $2,115 -9.6%
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.

0 units

District 28 sold 0 new launch units this month — #None of 21 districts. D15 led with 22.

0.0% of the 174-unit Singapore total. Source: URA REALIS.

05Ron's Read
Ron's Read

District 28 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
$884,520
12-mo avg · 36 caveats
vs OCR Median PSF
+6.5%
Est. Gross Yield
Rental Size · PSF
~550 sqft · $4.86 psf/mo

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

Estimate only, based on a 547 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
$1,415,244
12-mo avg · 86 caveats
vs OCR Median PSF
+4.6%
Est. Gross Yield
Rental Size · PSF
~650 sqft · $5.00 psf/mo

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

Estimate only, based on a 891 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
$1,922,457
vs OCR Median PSF
-3.8%
Est. Gross Yield
Rental Size · PSF
~1,250 sqft · $3.04 psf/mo

Softening (-2.9% MoM) — a reasonable window to negotiate on this size.

Estimate only, based on a 1,315 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
$3,061,785
vs OCR Median PSF
+10.3%
Est. Gross Yield
Rental Size · PSF
~1,350 sqft · $3.61 psf/mo

Rising (+23.9% MoM) — expect less room to negotiate on this size.

Estimate only, based on a 1,827 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
2
Exit Price Est.
$884,520
12-mo avg · 36 caveats
Exit Median PSF
$1,618
Rental Size · PSF
~550 sqft · $4.86 psf/mo

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

Rental steady, +0.9% MoM (16 leases last month). Currently +6.5% vs the OCR median.

Floor Band Price Range PSF Range
Low (01–10) $810,000–$1,145,000 $1,385–$1,612 psf
High (11+) $995,000–$1,163,888 $1,550–$1,696 psf

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

Get a Free Valuation
Resale Caveats
4
Exit Price Est.
$1,415,244
12-mo avg · 86 caveats
Exit Median PSF
$1,589
Rental Size · PSF
~650 sqft · $5.00 psf/mo

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

Rental steady, +1.6% MoM (32 leases last month). Currently +4.6% vs the OCR median.

Floor Band Price Range PSF Range
Low (01–10) $1,308,888–$1,790,000 $1,303–$1,631 psf
High (11+) $1,438,000–$1,725,000 $1,462–$1,653 psf

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

Get a Free Valuation
Resale Caveats
9
Exit Price Est.
$1,922,457
Exit Median PSF
$1,462
Rental Size · PSF
~1,250 sqft · $3.04 psf/mo

Softening (-2.9% MoM) — buyers may push back on this size.

Rental softening, -5.0% MoM — price with that in mind (19 leases last month). Currently -3.8% vs the OCR median.

Floor Band Price Range PSF Range
Low (01–10) $1,600,000–$1,860,000 $1,136–$1,493 psf
High (11+) $1,950,000–$2,085,000 $1,449–$1,502 psf

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

Get a Free Valuation
Resale Caveats
5
Exit Price Est.
$3,061,785
Exit Median PSF
$1,676
Rental Size · PSF
~1,350 sqft · $3.61 psf/mo

Rising (+23.9% MoM) — expect less room to negotiate on this size.

Rental softening, -2.5% MoM — price with that in mind (6 leases last month). Currently +10.3% vs the OCR median.

Floor Band Price Range PSF Range
Low (01–10) $2,010,000–$2,330,000 $1,103–$1,366 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
$2,675/mo
Low–High Range
$2,550–$2,800/mo
Est. Gross Yield
Median Size · PSF
~550 sqft · $4.86 psf/mo

Rents holding steady (+0.9% MoM) on steady demand.

Project Leases Median Rent
Parc Botannia 7 $2,550/mo
Seletar Park Residence 3 $2,750/mo
The Greenwich 3 $2,950/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
$3,250/mo
Low–High Range
$3,038–$3,412/mo
Est. Gross Yield
Median Size · PSF
~650 sqft · $5.00 psf/mo

Rents holding steady (+1.6% MoM) on steady demand.

Project Leases Median Rent
High Park Residences 12 $3,075/mo
H2o Residences 5 $3,300/mo
Parc Botannia 5 $3,400/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
$3,800/mo
Low–High Range
$3,650–$4,100/mo
Est. Gross Yield
~2.4%
Median Size · PSF
~1,250 sqft · $3.04 psf/mo

Rents softening (-5.0% MoM) on steady demand.

Project Leases Median Rent
Serenity Park 4 $3,550/mo
Grande Vista 3 $4,100/mo
High Park Residences 3 $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+
$4,875/mo
Low–High Range
$4,662–$4,975/mo
Est. Gross Yield
~1.9%
Median Size · PSF
~1,350 sqft · $3.61 psf/mo

Rents softening (-2.5% MoM) on thin volume.

Project Leases Median Rent
The Topiary 3 $4,900/mo
H2o Residences 2 $4,675/mo
Rivertrees Residences 1 $5,000/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