High Park Residences captured 26% of all resale caveats in District 28 this month — unusually concentrated activity for one project.
Transaction volume picked up in District 28 in May 2026, with 31 resale caveats compared to 26 in April. Month-on-month, the district median PSF edged up 3.9% to $1,572 — a constructive signal for sellers. The district sits above the OCR region median of $1,533 psf (+2.6%).
Verified as of 25 Oct 2026 · Latest URA data through Sep 2026
District 28 vs OCR vs Island Wide — Median PSF, last 3 months. Source: URA REALIS.
| Metric | District 28 | OCR Region | Island Wide |
|---|---|---|---|
| Median PSF | $1,572 | $1,533 | $1,716 |
| Caveats | 31 | 672 | 1,204 |
| vs D28 | — | -2.5% | +9.1% |
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 |
|---|---|---|---|
| Mar 2026 | 24 | $1,530 | -4.4% |
| Apr 2026 | 26 | $1,513 | -1.1% |
| May 2026 | 31 | $1,572 | +3.9% |
Over the 3 months to May 2026, District 28's median PSF has climbed (+2.8%), while caveat volume grew.
Condo & EC resale only. Source: URA REALIS.
The $1,572 median PSF represents a 3.9% gain against April's $1,513. Caveat count rose 19% from 26 to 31. 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: 2 dual-key units · 2 study units · 2 duplex units.
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 | 8 | 26% | $1,588 | +1.0% |
| Parc Botannia | 6 | 19% | $1,663 | +5.8% |
| The Topiary | 5 | 16% | $1,558 | -0.9% |
| H2o Residences | 3 | 10% | $1,570 | -0.1% |
| Seletar Springs Condominium | 2 | 6% | $1,128 | -28.2% |
| All other projects | 7 | 23% | — | — |
High Park Residences led with 8 caveats (26% of all district resale) at a median $1,588 psf — near the district median. Parc Botannia and The Topiary followed with 6 and 5 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 | 1 | — | $1,627 12-mo avg · 38 caveats | — |
| 2-Bed | 10 | 32% | $1,582 | +4.1% |
| 3-Bed | 12 | 39% | $1,555 | +2.6% |
| 4-Bed+ | 8 | 26% | $1,584 | +8.0% |
| Type | Caveats | Share | Median PSF | MoM PSF |
|---|---|---|---|---|
| 1-Bed | 1 | — | $1,627 12-mo avg · 38 caveats | — |
Top Projects — 1-Bed
| Project | Caveats | Share of Bucket | Median PSF |
|---|---|---|---|
| Parc Botannia | 1 | 100.0% | $1,633 |
| Type | Caveats | Share | Median PSF | MoM PSF |
|---|---|---|---|---|
| 2-Bed | 10 | 32% | $1,582 | +4.1% |
Top Projects — 2-Bed
| Project | Caveats | Share of Bucket | Median PSF |
|---|---|---|---|
| Parc Botannia | 3 | 30.0% | $1,693 |
| H2o Residences | 2 | 20.0% | $1,539 |
| High Park Residences | 2 | 20.0% | $1,655 |
| Type | Caveats | Share | Median PSF | MoM PSF |
|---|---|---|---|---|
| 3-Bed | 12 | 39% | $1,555 | +2.6% |
Top Projects — 3-Bed
| Project | Caveats | Share of Bucket | Median PSF |
|---|---|---|---|
| High Park Residences | 3 | 25.0% | $1,552 |
| The Topiary | 3 | 25.0% | $1,558 |
| Parc Botannia | 2 | 16.7% | $1,695 |
| Type | Caveats | Share | Median PSF | MoM PSF |
|---|---|---|---|---|
| 4-Bed+ | 8 | 26% | $1,584 | +8.0% |
Top Projects — 4-Bed+
| Project | Caveats | Share of Bucket | Median PSF |
|---|---|---|---|
| High Park Residences | 3 | 37.5% | $1,646 |
| The Topiary | 2 | 25.0% | $1,560 |
| H2o Residences | 1 | 12.5% | $1,642 |
3-Bed units led resale activity in May 2026, accounting for 12 of 31 caveats (39%) at a median $1,555 psf. That segment's PSF moved 2.6% 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
Each bedroom size moves differently — this isolates the trend per size. Source: URA REALIS.
Top Resale Transactions
| Project | Floor | Size (sqft) | Price | PSF |
|---|---|---|---|---|
| High Park Residences | 11-15 | 1,421 | $2,405,000 | $1,693 |
| H2o Residences | 16-20 | 1,389 | $2,280,000 | $1,642 |
| High Park Residences | 01-05 | 1,421 | $2,250,000 | $1,584 |
| The Topiary | 16-20 | 1,389 | $2,200,000 | $1,584 |
| Seletar Springs Condominium | 01-05 | 2,067 | $2,150,000 | $1,040 |
| Project | Floor | Size (sqft) | Price | PSF |
|---|---|---|---|---|
| Parc Botannia | 06-10 | 506 | $826,000 | $1,633 |
Showing all 1 transactions this month for this size.
| Project | Floor | Size (sqft) | Price | PSF |
|---|---|---|---|---|
| Parc Botannia | 06-10 | 786 | $1,330,000 | $1,693 |
| Seletar Park Residence | 01-05 | 872 | $1,310,000 | $1,502 |
| Parc Botannia | 06-10 | 786 | $1,280,000 | $1,629 |
| High Park Residences | 11-15 | 721 | $1,238,888 | $1,718 |
| H2o Residences | 11-15 | 764 | $1,200,000 | $1,570 |
| Project | Floor | Size (sqft) | Price | PSF |
|---|---|---|---|---|
| Rivertrees Residences | 06-10 | 1,119 | $1,818,000 | $1,624 |
| Parc Botannia | 16-20 | 980 | $1,750,000 | $1,787 |
| Lush Acres | 01-05 | 1,130 | $1,640,000 | $1,451 |
| Seletar Springs Condominium | 01-05 | 1,302 | $1,585,000 | $1,217 |
| The Topiary | 11-15 | 904 | $1,468,000 | $1,624 |
| Project | Floor | Size (sqft) | Price | PSF |
|---|---|---|---|---|
| High Park Residences | 11-15 | 1,421 | $2,405,000 | $1,693 |
| H2o Residences | 16-20 | 1,389 | $2,280,000 | $1,642 |
| High Park Residences | 01-05 | 1,421 | $2,250,000 | $1,584 |
| The Topiary | 16-20 | 1,389 | $2,200,000 | $1,584 |
| Seletar Springs Condominium | 01-05 | 2,067 | $2,150,000 | $1,040 |
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.
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.
Rents holding steady (+0.0% 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 — 1-Bed Rentals
| Project | Leases | Median Rent |
|---|---|---|
| Parc Botannia | 9 | $2,700/mo |
| High Park Residences | 5 | $2,600/mo |
| Seletar Park Residence | 3 | $2,900/mo |
Rents holding steady (-1.6% MoM) on thin volume.
Top Projects — 2-Bed Rentals
| Project | Leases | Median Rent |
|---|---|---|
| High Park Residences | 9 | $3,150/mo |
| Rivertrees Residences | 7 | $3,000/mo |
| Parc Botannia | 5 | $3,050/mo |
Rents firming (+2.6% MoM) on thin volume.
Top Projects — 3-Bed Rentals
| Project | Leases | Median Rent |
|---|---|---|
| High Park Residences | 4 | $3,725/mo |
| Grande Vista | 2 | $4,050/mo |
| Riverbank @ Fernvale | 2 | $4,000/mo |
Rents firming (+2.6% MoM) on rising demand.
Top Projects — 4-Bed+ Rentals
| Project | Leases | Median Rent |
|---|---|---|
| High Park Residences | 3 | $5,100/mo |
| Grande Vista | 2 | $5,600/mo |
| Mimosa Park | 2 | $4,850/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.
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 | 144 units | -88.5% | $2,081 | -4.6% |
| Singapore | 468 units | -67.5% | $2,479 | +11.4% |
Region normalizes legacy market_segment labels (e.g. "Outside Central Region" alongside "OCR"). New Sale, condo & EC only. Source: URA REALIS.
District 28 sold 0 new launch units this month — #None of 22 districts. D05 led with 208.
0.0% of the 468-unit Singapore total. Source: URA REALIS.
May 2026 was an active month for District 28 — 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. New launch supply is limited — treat resale listings as the real price benchmark here, not developer pricing on what's left.
Flat — no clear month-on-month PSF signal yet for this size.
Rental steady, +0.0% MoM (18 leases last month). Currently +6.2% vs the OCR median.
| Floor Band | Price Range | PSF Range |
|---|---|---|
| Low (01–10) | $800,000–$1,120,000 | $1,475–$1,629 psf |
| High (11+) | $830,000–$1,200,000 | $1,570–$1,718 psf |
P25–P75 range. Last 3 months, 1-Bed units only.
Get a Free ValuationRising (+4.1% MoM) — expect less room to negotiate on this size.
Rental steady, -1.6% MoM (29 leases last month). Currently +3.2% vs the OCR median.
| Floor Band | Price Range | PSF Range |
|---|---|---|
| Low (01–10) | $1,300,000–$1,538,000 | $1,403–$1,519 psf |
| High (11+) | $1,400,000–$1,750,000 | $1,558–$1,624 psf |
P25–P75 range. Last 3 months, 2-Bed units only.
Get a Free ValuationRising (+2.6% MoM) — expect less room to negotiate on this size.
Rental strong, +2.6% MoM — supports pricing (15 leases last month). Currently +1.4% vs the OCR median.
| Floor Band | Price Range | PSF Range |
|---|---|---|
| Low (01–10) | $1,585,000–$2,025,000 | $1,154–$1,481 psf |
| High (11+) | $2,068,000–$2,280,000 | $1,541–$1,688 psf |
P25–P75 range. Last 3 months, 3-Bed units only.
Get a Free ValuationRising (+8.0% MoM) — expect less room to negotiate on this size.
Rental strong, +2.6% MoM — supports pricing (13 leases last month). Currently +3.3% vs the OCR median.
| Floor Band | Price Range | PSF Range |
|---|---|---|
| Low (01–10) | $1,858,000–$2,150,000 | $933–$1,040 psf |
| High (11+) | Insufficient data (< 3 txns) | |
P25–P75 range. Last 3 months, 4-Bed+ units only.
Get a Free ValuationRents holding steady (+0.0% MoM) on rising demand.
| Project | Leases | Median Rent |
|---|---|---|
| Parc Botannia | 9 | $2,700/mo |
| High Park Residences | 5 | $2,600/mo |
| Seletar Park Residence | 3 | $2,900/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 StrategyRents holding steady (-1.6% MoM) on thin volume.
| Project | Leases | Median Rent |
|---|---|---|
| High Park Residences | 9 | $3,150/mo |
| Rivertrees Residences | 7 | $3,000/mo |
| Parc Botannia | 5 | $3,050/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 StrategyRents firming (+2.6% MoM) on thin volume.
| Project | Leases | Median Rent |
|---|---|---|
| High Park Residences | 4 | $3,725/mo |
| Grande Vista | 2 | $4,050/mo |
| Riverbank @ Fernvale | 2 | $4,000/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 StrategyRents firming (+2.6% MoM) on rising demand.
| Project | Leases | Median Rent |
|---|---|---|
| High Park Residences | 3 | $5,100/mo |
| Grande Vista | 2 | $5,600/mo |
| Mimosa Park | 2 | $4,850/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.
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