Issue 001October 1, 2026

Bukit Timah Estate Pulse | September 2026 | HDB Resale & Rental

Bukit Timah Pulse September 2026
Roncasa ▪ Town Pulse Bukit Timah · Central Region Verified as of 1 Oct 2026 September 2026
◆ Balanced Market◆ Sellers Hold Leverage◆ Tenant's Market
Median PSF · September 2026
$811 ▼ -6.1% MoM
Resale Transactions
8
▲ 100.0% vs prior mth
vs Region Median
+6.6%
▲ $760 base
Town Rank
#3 / 9
Central region by PSF

Bukit Timah is trading about 7% above the wider region median — that gap is worth understanding before you make a move here.

Transaction volume picked up in Bukit Timah in September 2026, with 8 resale transactions compared to 4 in August. Month-on-month, the town median PSF softened 6.1% to $811 — giving buyers a softer entry point. The town sits above the regional median of $760 psf (+6.6%).

$811
Median PSF
8
Resale Transactions
#3
Town Rank (Central)

Verified as of 1 Oct 2026 · Latest resale data through Sep 2026 · Latest rental data through Aug 2026

01Town Context
$580$783$986JulAugSep2-Room3-Room4-Room5-RoomExecutive

Bukit Timah median PSF by flat type (2/3/4/5-Room + Executive), last 3 months. Source: HDB Resale Transactions, data.gov.sg.

Scope Median PSF vs Bukit Timah
Bukit Timah $811 —
Central Region $760 -6.2%
Island Wide $594 -26.7%

Bukit Timah ranks #3 of 9 Central region towns by median resale PSF this month. Source: HDB Resale Transactions, data.gov.sg.

Top Streets by Volume

Street Transactions Median PSF
Toh Yi Dr 2 transactions $847
Queen's Rd 1 transaction $611
Toh Yi Dr 1 transaction $831
Toh Yi Dr 1 transaction $990
Toh Yi Dr 1 transaction $746

Top 5 streets by resale transaction count this month. Source: HDB Resale Transactions, data.gov.sg.

Share of Town HDB Stock Transacted
0.33%
02Resale Market

Price Bands by Flat Type

Flat Type n Low (P25) Median High (P75) Median PSF
Overall 8 $967,500 $1,172,500 $1,332,500 $811
3-Room 1 $480,000 $480,000 $480,000 $611
4-Room 1 $930,000 $930,000 $930,000 $831
5-Room 3 $1,012,500 $1,045,000 $1,172,500 $789
Executive 3 $1,355,000 $1,400,000 $1,410,000 $891

Low/High = P25–P75 (APPROX_QUANTILES)
P25 (Low): 25% of flats sold below this price.
P50 (Median): The exact middle market price.
P75 (High): 75% of flats sold below this price.

September 2026 transactions only. Source: HDB Resale Transactions, data.gov.sg.

The $811 median PSF represents a 6.1% dip against August's $863. Transaction count rose 100% from 4 to 8. If you're a buyer, this is a reasonable window to negotiate.

Toh Yi Dr led with 2 transactions (25% of all town resale) at a median $847 psf — near the town median. Queen'S Rd followed with 1 transaction.

Top Transactions

Block / Street Flat Type Storey Size Price PSF Lease Left
2 Toh Yi Dr Executive 07 TO 09 1,572 $1,420,000 $904 61 years
8 Toh Yi Dr Executive 01 TO 03 1,572 $1,400,000 $891 61 years
09 months
2 Toh Yi Dr Executive 01 TO 03 1,658 $1,310,000 $790 61 years
17 Toh Yi Dr 5-Room 04 TO 06 1,313 $1,300,000 $990 60 years
11 months
5 Farrer Rd 5-Room 13 TO 15 1,324 $1,045,000 $789 46 years
08 months
Block / Street Flat Type Storey Size Price PSF Lease Left
4 Queen's Rd 3-Room 10 TO 12 786 $480,000 $611 46 years
07 months
Block / Street Flat Type Storey Size Price PSF Lease Left
4 Toh Yi Dr 4-Room 04 TO 06 1,119 $930,000 $831 61 years
Block / Street Flat Type Storey Size Price PSF Lease Left
17 Toh Yi Dr 5-Room 04 TO 06 1,313 $1,300,000 $990 60 years
11 months
5 Farrer Rd 5-Room 13 TO 15 1,324 $1,045,000 $789 46 years
08 months
14 Toh Yi Dr 5-Room 04 TO 06 1,313 $980,000 $746 61 years
01 month
Block / Street Flat Type Storey Size Price PSF Lease Left
2 Toh Yi Dr Executive 07 TO 09 1,572 $1,420,000 $904 61 years
8 Toh Yi Dr Executive 01 TO 03 1,572 $1,400,000 $891 61 years
09 months
2 Toh Yi Dr Executive 01 TO 03 1,658 $1,310,000 $790 61 years

Top 5 resale transactions by price. Source: HDB Resale Transactions, data.gov.sg.

Lease Decay Comparison

$87660-69$666under-60

Median PSF by remaining lease band, blended across 2/3/4/5-Room and Executive flats. Detail by flat type below. Source: HDB Resale Transactions, data.gov.sg.

Unit Type Breakdown

Lease Band N (Txn this mth) Median Price Median PSF
90+ years 0 No resale transactions lodged in the past 5 years for this size.
80-89 years 0 No resale transactions lodged in the past 5 years for this size.
70-79 years 0 No resale transactions lodged in the past 5 years for this size.
60-69 years 0 No resale transactions lodged in the past 5 years for this size.
under-60 years 0 No resale transactions lodged in the past 5 years for this size.
Lease Band N (Txn this mth) Median Price Median PSF
90+ years 0 No resale transactions lodged in the past 5 years for this size.
80-89 years 0 No resale transactions lodged in the past 5 years for this size.
70-79 years 0 No resale transactions lodged in the past 5 years for this size.
60-69 years 0 No resale transactions lodged in the past 5 years for this size.
under-60 years 912-mo avg · 9 transactions $480,000 $666
Lease Band N (Txn this mth) Median Price Median PSF
90+ years 0 No resale transactions lodged in the past 5 years for this size.
80-89 years 0 No resale transactions lodged in the past 5 years for this size.
70-79 years 0 No resale transactions lodged in the past 5 years for this size.
60-69 years 1512-mo avg · 15 transactions $938,000 $838
under-60 years 1 Last transacted: Jun 2026 · $710 psf
Lease Band N (Txn this mth) Median Price Median PSF
90+ years 0 No resale transactions lodged in the past 5 years for this size.
80-89 years 0 No resale transactions lodged in the past 5 years for this size.
70-79 years 0 No resale transactions lodged in the past 5 years for this size.
60-69 years 1712-mo avg · 17 transactions $1,188,000 $876
under-60 years 7 Last transacted: Sep 2026 · $789 psf
Lease Band N (Txn this mth) Median Price Median PSF
90+ years 0 No resale transactions lodged in the past 5 years for this size.
80-89 years 0 No resale transactions lodged in the past 5 years for this size.
70-79 years 0 No resale transactions lodged in the past 5 years for this size.
60-69 years 912-mo avg · 9 transactions $1,390,000 $891
under-60 years 0 No resale transactions lodged in the past 5 years for this size.

Lease Bands: Remaining years on the lease. Low Volumes: If under 5 sales, data expands.
Fallback 1: Uses 12-month average (flagged). Fallback 2: Uses 5-year transaction history.

Data Source: HDB Resale Transactions, data.gov.sg.

03Rental MarketLatest available: Aug 2026 · HDB rental lodgements typically lag ~1 month behind resale

Last leased: Jun 2022 · $1,300/mo

Median Rent
$3,150/mo
12-mo avg · 44 leases
Rent MoM
n/a
Leases This Month
1
Lease Volume MoM (vacancy proxy)
n/a
Median Rent
$4,000/mo
Rent MoM
+8.1%
Leases This Month
5
Lease Volume MoM (vacancy proxy)
+150.0%

Rents firming (+8.1% MoM) on rising lease volume.

Top Streets — 4-Room Rentals

Street Leases Median Rent
Queen's Rd 1 $4,100/mo
Queen's Rd 1 $4,100/mo
Toh Yi Dr 1 $1,500/mo
Median Rent
$4,300/mo
12-mo avg · 23 leases
Rent MoM
n/a
Leases This Month
0
Lease Volume MoM (vacancy proxy)
n/a
Median Rent
$4,600/mo
12-mo avg · 13 leases
Rent MoM
n/a
Leases This Month
2
Lease Volume MoM (vacancy proxy)
n/a

HDB leases lodged with HDB / data.gov.sg. Excludes private residential. No vacancy_supply table equivalent exists for HDB — lease-volume MoM is used here as the vacancy proxy signal. Source: HDB Rental Transactions, data.gov.sg.

Ron's Read

PSF softened 6.1% in September 2026 while transaction count held reasonably steady. Price softness without a volume collapse is sellers adjusting, not distress. For buyers, this is a window — softening PSF is the better entry setup. Don't wait for the market to confirm the bottom. Check the Lease Decay Comparison below before you commit — remaining lease is the single biggest lever on HDB resale price that a listing photo won't show you.

05What It Means For You
What It Means For You

No resale transactions lodged in the past 5 years for this size.

Typical Entry Price
$523,484
12-mo avg · 9 transactions
vs Region Median PSF
-12.3%
Est. Gross Yield
~7.2%
12-mo avg basis
Rental Range
$2,875–$3,300/mo

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

Estimate only, based on this flat type's typical unit size and this month's rental medians. Not a guaranteed return.

Gross yield = annual rent ÷ purchase price.

Book a Consultation
Typical Entry Price
$937,995
12-mo avg · 16 transactions
vs Region Median PSF
+10.3%
Est. Gross Yield
—
Rental Range
$3,800–$4,100/mo

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

Estimate only, based on this flat type's typical unit size and this month's rental medians. Not a guaranteed return.

Gross yield = annual rent ÷ purchase price.

Book a Consultation
Typical Entry Price
$1,107,497
12-mo avg · 24 transactions
vs Region Median PSF
+11.0%
Est. Gross Yield
~4.7%
12-mo avg basis
Rental Range
$3,900–$4,550/mo

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

Estimate only, based on this flat type's typical unit size and this month's rental medians. Not a guaranteed return.

Gross yield = annual rent ÷ purchase price.

Book a Consultation
Typical Entry Price
$1,399,997
12-mo avg · 9 transactions
vs Region Median PSF
+17.2%
Est. Gross Yield
~3.9%
12-mo avg basis
Rental Range
$4,200–$4,800/mo

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

Estimate only, based on this flat type's typical unit size and this month's rental medians. Not a guaranteed return.

Gross yield = annual rent ÷ purchase price.

Book a Consultation

No resale transactions lodged in the past 5 years for this size.

Resale Transactions
1
Exit Price Est.
$523,484
12-mo avg · 9 transactions
Exit Median PSF
$666

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

44 leases over the trailing 12 months (12-mo avg · 44 leases) — this month's count is too thin for a MoM read. Currently -12.3% vs the region median.

Get a Free Valuation
Resale Transactions
1
Exit Price Est.
$937,995
12-mo avg · 16 transactions
Exit Median PSF
$838

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

Rental strong, +8.1% MoM — supports pricing (5 leases last month). Currently +10.3% vs the region median.

Get a Free Valuation
Resale Transactions
3
Exit Price Est.
$1,107,497
12-mo avg · 24 transactions
Exit Median PSF
$843

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

23 leases over the trailing 12 months (12-mo avg · 23 leases) — this month's count is too thin for a MoM read. Currently +11.0% vs the region median.

Get a Free Valuation
Resale Transactions
3
Exit Price Est.
$1,399,997
12-mo avg · 9 transactions
Exit Median PSF
$891

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

13 leases over the trailing 12 months (12-mo avg · 13 leases) — this month's count is too thin for a MoM read. Currently +17.2% vs the region median.

Get a Free Valuation

Last leased: Jun 2022 · $1,300/mo

Median Rent
$3,150/mo
12-mo avg · 44 leases
Low–High Range
$2,875–$3,300/mo
Est. Gross Yield
~7.2%
12-mo avg basis

12-mo avg · 44 leases

Low/High = P25–P75 rent range this month.

Talk Rental Strategy
Median Rent
$4,000/mo
Low–High Range
$3,800–$4,100/mo
Est. Gross Yield
—

Rents firming (+8.1% MoM) on rising lease volume.

Street Leases Median Rent
Queen's Rd 1 $4,100/mo
Queen's Rd 1 $4,100/mo
Toh Yi Dr 1 $1,500/mo

Low/High = P25–P75 rent range this month.

Talk Rental Strategy
Median Rent
$4,300/mo
12-mo avg · 23 leases
Low–High Range
$3,900–$4,550/mo
Est. Gross Yield
~4.7%
12-mo avg basis

12-mo avg · 23 leases

Low/High = P25–P75 rent range this month.

Talk Rental Strategy
Median Rent
$4,600/mo
12-mo avg · 13 leases
Low–High Range
$4,200–$4,800/mo
Est. Gross Yield
~3.9%
12-mo avg basis

12-mo avg · 13 leases

Low/High = P25–P75 rent range this month.

Talk Rental Strategy