Issue 001November 4, 2026

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

District 28 Pulse October 2026
Roncasa ▪ Data Pulse District 28 · Seletar / Yio Chu Kang Verified as of 4 Nov 2026 October 2026
◆ Balanced Market◆ Hold Position◆ Stable Rental Market
Median PSF · October 2026
$1,483 ▼ -4.3% MoM
Resale Caveats
10
▼ 63.0% vs prior mth
vs OCR Median
-3.6%
▲ $1,539 base
District Rank
#9 / 28
OCR by PSF

High Park Residences captured 40% of all resale caveats in District 28 this month — unusually concentrated activity for one project.

Volume cooled noticeably in District 28 in October 2026, with 10 resale caveats compared to 27 in September. Month-on-month, the district median PSF softened 4.3% to $1,483 — giving buyers a softer entry point. The district sits below the OCR region median of $1,539 psf (-3.6%).

$1,483
Median PSF
10
Resale Caveats
#9
District Rank

Verified as of 4 Nov 2026 · Latest URA data through Oct 2026

01District Context
$1,439$1,609$1,780AugSepOct$1,483 ↓4.3%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 $1,483 $1,539 $1,698
Caveats 10 190 323
vs D28 — +3.8% +14.5%
District 28$1,483OCR Region$1,539Island Wide$1,698

District 28 ranks #9 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
Aug 2026 22 $1,526 +1.0%
Sep 2026 27 $1,550 +1.6%
Oct 2026 10 $1,483 -4.3%

Over the 3 months to October 2026, District 28's median PSF has eased (-2.8%), while caveat volume shrank.

Condo & EC resale only. Source: URA REALIS.

02ResaleOctober 2026

The $1,483 median PSF represents a 4.3% dip against September's $1,550. Caveat count fell 63% from 27 to 10. 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 4 40% $1,561 +5.3%
Sunrise Gardens 3 30% $1,107 -25.4%
Lush Acres 1 10% $1,352 -8.9%
Parc Botannia 1 10% $1,729 +16.6%
Nim Gardens 1 10% $1,476 -0.5%

High Park Residences led with 4 caveats (40% of all district resale) at a median $1,561 psf — 5% above the district median. Sunrise Gardens and Lush Acres followed with 3 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 — $1,581 12-mo avg · 29 caveats —
2-Bed 4 — $1,591 12-mo avg · 83 caveats —
3-Bed 4 — $1,499 12-mo avg · 108 caveats —
4-Bed+ 2 — $1,544 12-mo avg · 60 caveats —
Type Caveats Share Median PSF MoM PSF
1-Bed 0 — $1,581 12-mo avg · 29 caveats —

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 4 — $1,591 12-mo avg · 83 caveats —

Top Projects — 2-Bed

Project Caveats Share of Bucket Median PSF
High Park Residences 2 50.0% $1,585
Parc Botannia 1 25.0% $1,729
Sunrise Gardens 1 25.0% $1,162
Type Caveats Share Median PSF MoM PSF
3-Bed 4 — $1,499 12-mo avg · 108 caveats —

Top Projects — 3-Bed

Project Caveats Share of Bucket Median PSF
High Park Residences 1 25.0% $1,491
Lush Acres 1 25.0% $1,352
Nim Gardens 1 25.0% $1,476
Type Caveats Share Median PSF MoM PSF
4-Bed+ 2 — $1,544 12-mo avg · 60 caveats —

Top Projects — 4-Bed+

Project Caveats Share of Bucket Median PSF
High Park Residences 1 50.0% $1,565
Sunrise Gardens 1 50.0% $1,011

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

$1,224$1,492$1,760AugSepOct1-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
Nim Gardens 06-10 1,830 $2,700,000 $1,476
High Park Residences 01-05 1,367 $2,140,000 $1,565
Sunrise Gardens 01-05 2,077 $2,100,000 $1,011
Lush Acres 21-25 1,324 $1,790,000 $1,352
Sunrise Gardens 01-05 1,292 $1,430,000 $1,107
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
Parc Botannia 16-20 667 $1,153,800 $1,729
Sunrise Gardens 01-05 893 $1,038,000 $1,162
High Park Residences 16-20 570 $920,000 $1,613
High Park Residences 01-05 581 $905,000 $1,557

Showing all 4 transactions this month for this size.

Project Floor Size (sqft) Price PSF
Nim Gardens 06-10 1,830 $2,700,000 $1,476
Lush Acres 21-25 1,324 $1,790,000 $1,352
Sunrise Gardens 01-05 1,292 $1,430,000 $1,107
High Park Residences 01-05 872 $1,300,000 $1,491

Showing all 4 transactions this month for this size.

Project Floor Size (sqft) Price PSF
High Park Residences 01-05 1,367 $2,140,000 $1,565
Sunrise Gardens 01-05 2,077 $2,100,000 $1,011

Showing all 2 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: 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
$2,675/mo
Rent MoM
+0.0%
Leases This Month
18
Leases MoM
+12.5%
Median Size
~500 sqft
Rental PSF
$5.35 psf/mo

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
Median Rent
$3,150/mo
Rent MoM
-1.6%
Leases This Month
29
Leases MoM
-12.1%
Median Size
~650 sqft
Rental PSF
$4.85 psf/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
Median Rent
$3,900/mo
Rent MoM
+2.6%
Leases This Month
15
Leases MoM
-21.1%
Median Size
~1,050 sqft
Rental PSF
$3.71 psf/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
Median Rent
$5,000/mo
Rent MoM
+2.6%
Leases This Month
13
Leases MoM
+116.7%
Median Size
~1,550 sqft
Rental PSF
$3.23 psf/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.

04New Launch

Unsold Stock

Project Available Total % Sold
Belgravia Ace 13 units 104 units 88%

New launch supply in District 28 is effectively exhausted (13 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 299 units +157.8% $2,479 +9.9%
Singapore 353 units +24.3% $2,494 +1.1%

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 18 districts. D22 led with 267.

0.0% of the 353-unit Singapore total. Source: URA REALIS.

05Ron's Read
Ron's Read

District 28 saw both prices and volume ease in October 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
$864,537
12-mo avg · 29 caveats
vs OCR Median PSF
+2.7%
Est. Gross Yield
—
Rental Size · PSF
~500 sqft · $5.35 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
$1,417,543
12-mo avg · 83 caveats
vs OCR Median PSF
+3.4%
Est. Gross Yield
—
Rental Size · PSF
~650 sqft · $4.85 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
$1,971,678
12-mo avg · 108 caveats
vs OCR Median PSF
-2.6%
Est. Gross Yield
—
Rental Size · PSF
~1,050 sqft · $3.71 psf/mo

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

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
$2,820,509
12-mo avg · 60 caveats
vs OCR Median PSF
+0.3%
Est. Gross Yield
—
Rental Size · PSF
~1,550 sqft · $3.23 psf/mo

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

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
0
Exit Price Est.
$864,537
12-mo avg · 29 caveats
Exit Median PSF
$1,581
Rental Size · PSF
~500 sqft · $5.35 psf/mo

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

Rental steady, +0.0% MoM (18 leases last month). Currently +2.7% vs the OCR median.

Floor Band Price Range PSF Range
Low (01–10) $828,000–$1,145,000 $1,526–$1,612 psf
High (11+) $995,000–$1,175,000 $1,660–$1,717 psf

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

Get a Free Valuation
Resale Caveats
4
Exit Price Est.
$1,417,543
12-mo avg · 83 caveats
Exit Median PSF
$1,591
Rental Size · PSF
~650 sqft · $4.85 psf/mo

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

Rental steady, -1.6% MoM (29 leases last month). Currently +3.4% vs the OCR median.

Floor Band Price Range PSF Range
Low (01–10) $1,155,000–$1,512,000 $1,216–$1,491 psf
High (11+) $1,460,000–$1,725,000 $1,478–$1,668 psf

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

Get a Free Valuation
Resale Caveats
4
Exit Price Est.
$1,971,678
12-mo avg · 108 caveats
Exit Median PSF
$1,499
Rental Size · PSF
~1,050 sqft · $3.71 psf/mo

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

Rental strong, +2.6% MoM — supports pricing (15 leases last month). Currently -2.6% vs the OCR median.

Floor Band Price Range PSF Range
Low (01–10) $1,850,000–$2,140,000 $1,339–$1,565 psf
High (11+) $1,790,000–$2,350,168 $1,352–$1,706 psf

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

Get a Free Valuation
Resale Caveats
2
Exit Price Est.
$2,820,509
12-mo avg · 60 caveats
Exit Median PSF
$1,544
Rental Size · PSF
~1,550 sqft · $3.23 psf/mo

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

Rental strong, +2.6% MoM — supports pricing (13 leases last month). Currently +0.3% vs the OCR median.

Floor Band Price Range PSF Range
Low (01–10) $2,100,000–$2,320,000 $1,022–$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
$2,562–$2,800/mo
Est. Gross Yield
—
Median Size · PSF
~500 sqft · $5.35 psf/mo

Rents 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 Strategy
Median Rent · 2-Bed
$3,150/mo
Low–High Range
$3,000–$3,300/mo
Est. Gross Yield
—
Median Size · PSF
~650 sqft · $4.85 psf/mo

Rents 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 Strategy
Median Rent · 3-Bed
$3,900/mo
Low–High Range
$3,650–$4,200/mo
Est. Gross Yield
—
Median Size · PSF
~1,050 sqft · $3.71 psf/mo

Rents 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 Strategy
Median Rent · 4-Bed+
$5,000/mo
Low–High Range
$4,900–$5,400/mo
Est. Gross Yield
—
Median Size · PSF
~1,550 sqft · $3.23 psf/mo

Rents 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.

Talk Rental Strategy