Issue 001July 4, 2026

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

District 28 Pulse June 2026
Roncasa ▪ Data Pulse District 28 · Seletar / Yio Chu Kang Verified as of 3 Aug 2026 June 2026
◆ Balanced Market◆ Hold Position◆ Stable Rental Market
Median PSF · June 2026
$1,475 ▼ -6.1% MoM
Resale Caveats
18
▼ 41.9% vs prior mth
vs OCR Median
-4.2%
▲ $1,540 base
District Rank
#12 / 28
OCR by PSF

District 28 is trading about 4% below the wider OCR median — that gap is worth understanding before you make a move here.

Volume cooled noticeably in District 28 in June 2026, with 18 resale caveats compared to 31 in May. Month-on-month, the district median PSF softened 6.1% to $1,475 — giving buyers a softer entry point. The district sits below the OCR region median of $1,540 psf (-4.2%).

$1,475
Median PSF
18
Resale Caveats
#12
District Rank

Verified as of 3 Aug 2026 · Latest URA data through Jun 2026

01District Context
$1,431$1,607$1,783AprMayJun$1,475 ↓6.1%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 $1,475 $1,540 $1,731
Caveats 18 616 1,119
vs D28 +4.4% +17.3%
District 28$1,475OCR Region$1,540Island Wide$1,731

District 28 ranks #12 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
Apr 2026 26 $1,513 -1.1%
May 2026 31 $1,572 +3.9%
Jun 2026 18 $1,475 -6.1%

Over the 3 months to June 2026, District 28's median PSF has eased (-2.5%), while caveat volume shrank.

Condo & EC resale only. Source: URA REALIS.

02ResaleJune 2026

The $1,475 median PSF represents a 6.1% dip against May's $1,572. Caveat count fell 42% from 31 to 18. 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 28: 1 dual-key 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 D28
High Park Residences 5 28% $1,696 +15.0%
The Greenwich 2 11% $1,344 -8.9%
Riverbank @ Fernvale 2 11% $1,503 +1.9%
H2o Residences 2 11% $1,516 +2.8%
Sunrise Gardens 2 11% $1,036 -29.8%
All other projects 5 28%

High Park Residences led with 5 caveats (28% of all district resale) at a median $1,696 psf — 15% above the district median. The Greenwich and Riverbank @ Fernvale 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. 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 2 $1,597 12-mo avg · 36 caveats
2-Bed 5 28% $1,663 +5.1%
3-Bed 6 33% $1,315 -15.4%
4-Bed+ 5 28% $1,449 -8.5%
Type Caveats Share Median PSF MoM PSF
1-Bed 2 $1,597 12-mo avg · 36 caveats

Top Projects — 1-Bed

Project Caveats Share of Bucket Median PSF
High Park Residences 1 50.0% $1,681
The Greenwich 1 50.0% $1,385
Type Caveats Share Median PSF MoM PSF
2-Bed 5 28% $1,663 +5.1%

Top Projects — 2-Bed

Project Caveats Share of Bucket Median PSF
High Park Residences 3 60.0% $1,696
Parc Botannia 1 20.0% $1,663
The Greenwich 1 20.0% $1,303
Type Caveats Share Median PSF MoM PSF
3-Bed 6 33% $1,315 -15.4%

Top Projects — 3-Bed

Project Caveats Share of Bucket Median PSF
Riverbank @ Fernvale 2 33.3% $1,503
Grande Vista 1 16.7% $1,205
H2o Residences 1 16.7% $1,531
Type Caveats Share Median PSF MoM PSF
4-Bed+ 5 28% $1,449 -8.5%

Top Projects — 4-Bed+

Project Caveats Share of Bucket Median PSF
Lush Acres 2 40.0% $1,419
H2o Residences 1 20.0% $1,502
High Park Residences 1 20.0% $1,767

3-Bed units led resale activity in June 2026, accounting for 6 of 18 caveats (33%) at a median $1,315 psf. That segment's PSF moved 15.4% 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

$1,249$1,498$1,746AprMayJun1-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
H2o Residences 16-20 1,389 $2,085,000 $1,502
High Park Residences 16-20 1,152 $2,035,000 $1,767
Grande Vista 06-10 1,668 $2,010,000 $1,205
Lush Acres 16-20 1,346 $1,950,000 $1,449
Sunrise Gardens 01-05 1,722 $1,900,000 $1,103
Project Floor Size (sqft) Price PSF
The Greenwich 01-05 603 $835,000 $1,385
High Park Residences 11-15 452 $760,000 $1,681

Showing all 2 transactions this month for this size.

Project Floor Size (sqft) Price PSF
High Park Residences 11-15 710 $1,205,000 $1,696
High Park Residences 11-15 678 $1,160,000 $1,711
The Greenwich 01-05 883 $1,150,000 $1,303
Parc Botannia 06-10 667 $1,110,000 $1,663
High Park Residences 11-15 581 $950,000 $1,634
Project Floor Size (sqft) Price PSF
Grande Vista 06-10 1,668 $2,010,000 $1,205
H2o Residences 11-15 1,130 $1,730,000 $1,531
Seletar Springs Condominium 01-05 1,561 $1,688,000 $1,082
Riverbank @ Fernvale 16-20 1,044 $1,650,000 $1,580
Sunrise Gardens 01-05 1,518 $1,470,000 $969
Project Floor Size (sqft) Price PSF
H2o Residences 16-20 1,389 $2,085,000 $1,502
High Park Residences 16-20 1,152 $2,035,000 $1,767
Lush Acres 16-20 1,346 $1,950,000 $1,449
Sunrise Gardens 01-05 1,722 $1,900,000 $1,103
Lush Acres 01-05 1,238 $1,718,000 $1,388

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
$2,625/mo
Rent MoM
-2.8%
Leases This Month
12
Leases MoM
-25.0%
Median Size
~550 sqft
Rental PSF
$4.77 psf/mo

Rents softening (-2.8% MoM) on thin volume.

+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
Seletar Park Residence 5 $2,850/mo
High Park Residences 3 $2,600/mo
The Greenwich 2 $2,850/mo
Median Rent
$3,200/mo
Rent MoM
-3.0%
Leases This Month
27
Leases MoM
+8.0%
Median Size
~650 sqft
Rental PSF
$4.92 psf/mo

Rents softening (-3.0% 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 — 2-Bed Rentals

Project Leases Median Rent
High Park Residences 10 $3,150/mo
H2o Residences 4 $3,200/mo
Parc Botannia 3 $3,300/mo
Median Rent
$4,000/mo
Rent MoM
+1.3%
Leases This Month
11
Leases MoM
-38.9%
Median Size
~1,050 sqft
Rental PSF
$3.81 psf/mo

Rents holding steady (+1.3% MoM) on thin volume.

Top Projects — 3-Bed Rentals

Project Leases Median Rent
High Park Residences 3 $3,600/mo
H2o Residences 2 $4,000/mo
Riverbank @ Fernvale 2 $3,750/mo
Median Rent
$4,950/mo
Rent MoM
+3.1%
Leases This Month
6
Leases MoM
+500.0%
Median Size
~1,600 sqft
Rental PSF
$3.09 psf/mo

Rents firming (+3.1% MoM) on rising demand.

Top Projects — 4-Bed+ Rentals

Project Leases Median Rent
Mimosa Park 3 $4,900/mo
Riverbank @ Fernvale 1 $5,000/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 23 units 104 units 78%

Thin new launch inventory (23 units across 1 project) — late-stage availability tends to be niche (specific types, higher floors). For most buyers here, resale is the market. 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 83 units -42.4% $2,185 +5.2%
Singapore 179 units -61.6% $2,581 +4.2%

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 22 districts. D05 led with 34.

0.0% of the 179-unit Singapore total. Source: URA REALIS.

05Ron's Read
Ron's Read

District 28 saw both prices and volume ease in June 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. 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
$873,173
12-mo avg · 36 caveats
vs OCR Median PSF
+3.7%
Est. Gross Yield
Rental Size · PSF
~550 sqft · $4.77 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
$1,481,544
vs OCR Median PSF
+8.0%
Est. Gross Yield
~2.6%
Rental Range
$3,000–$3,400/mo
Rental Size · PSF
~650 sqft · $4.92 psf/mo

Rising (+5.1% MoM) — expect less room to negotiate on this size.

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
$1,729,641
vs OCR Median PSF
-14.6%
Est. Gross Yield
~2.8%
Rental Range
$3,550–$4,050/mo
Rental Size · PSF
~1,050 sqft · $3.81 psf/mo

Softening (-15.4% 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
$2,648,062
vs OCR Median PSF
-5.9%
Est. Gross Yield
~2.2%
Rental Range
$4,825–$5,000/mo
Rental Size · PSF
~1,600 sqft · $3.09 psf/mo

Softening (-8.5% MoM) — a reasonable window 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.
$873,173
12-mo avg · 36 caveats
Exit Median PSF
$1,597
Rental Size · PSF
~550 sqft · $4.77 psf/mo

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

Rental softening, -2.8% MoM — price with that in mind (12 leases last month). Currently +3.7% vs the OCR median.

Floor Band Price Range PSF Range
Low (01–10) $800,000–$1,120,000 $1,385–$1,629 psf
High (11+) $918,000–$1,200,000 $1,570–$1,711 psf

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

Get a Free Valuation
Resale Caveats
5
Exit Price Est.
$1,481,544
Exit Median PSF
$1,663
Rental Size · PSF
~650 sqft · $4.92 psf/mo

Rising (+5.1% MoM) — expect less room to negotiate on this size.

Rental softening, -3.0% MoM — price with that in mind (27 leases last month). Currently +8.0% vs the OCR median.

Floor Band Price Range PSF Range
Low (01–10) $1,238,000–$1,450,000 $1,348–$1,552 psf
High (11+) $1,425,686–$1,750,000 $1,558–$1,624 psf

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

Get a Free Valuation
Resale Caveats
6
Exit Price Est.
$1,729,641
Exit Median PSF
$1,315
Rental Size · PSF
~1,050 sqft · $3.81 psf/mo

Softening (-15.4% MoM) — buyers may push back on this size.

Rental steady, +1.3% MoM (11 leases last month). Currently -14.6% vs the OCR median.

Floor Band Price Range PSF Range
Low (01–10) $1,585,000–$1,828,880 $1,082–$1,388 psf
High (11+) $2,038,000–$2,280,000 $1,516–$1,646 psf

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

Get a Free Valuation
Resale Caveats
5
Exit Price Est.
$2,648,062
Exit Median PSF
$1,449
Rental Size · PSF
~1,600 sqft · $3.09 psf/mo

Softening (-8.5% MoM) — buyers may push back on this size.

Rental strong, +3.1% MoM — supports pricing (6 leases last month). Currently -5.9% vs the OCR median.

Floor Band Price Range PSF Range
Low (01–10) $1,900,000–$2,010,000 $983–$1,103 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
$2,625/mo
Low–High Range
$2,600–$2,812/mo
Est. Gross Yield
Median Size · PSF
~550 sqft · $4.77 psf/mo

Rents softening (-2.8% MoM) on thin volume.

Project Leases Median Rent
Seletar Park Residence 5 $2,850/mo
High Park Residences 3 $2,600/mo
The Greenwich 2 $2,850/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
$3,200/mo
Low–High Range
$3,000–$3,400/mo
Est. Gross Yield
~2.6%
Median Size · PSF
~650 sqft · $4.92 psf/mo

Rents softening (-3.0% MoM) on steady demand.

Project Leases Median Rent
High Park Residences 10 $3,150/mo
H2o Residences 4 $3,200/mo
Parc Botannia 3 $3,300/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
Median Rent · 3-Bed
$4,000/mo
Low–High Range
$3,550–$4,050/mo
Est. Gross Yield
~2.8%
Median Size · PSF
~1,050 sqft · $3.81 psf/mo

Rents holding steady (+1.3% MoM) on thin volume.

Project Leases Median Rent
High Park Residences 3 $3,600/mo
H2o Residences 2 $4,000/mo
Riverbank @ Fernvale 2 $3,750/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+
$4,950/mo
Low–High Range
$4,825–$5,000/mo
Est. Gross Yield
~2.2%
Median Size · PSF
~1,600 sqft · $3.09 psf/mo

Rents firming (+3.1% MoM) on rising demand.

Project Leases Median Rent
Mimosa Park 3 $4,900/mo
Riverbank @ Fernvale 1 $5,000/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