Issue 001September 3, 2026

Central Area Estate Pulse | August 2026 | HDB Resale & Rental

Verified & checked as of 29 Sep 2026

Central Area Pulse August 2026
Roncasa ▪ Town Pulse Central Area · Central Region Verified as of 30 Sep 2026 August 2026
◆ Balanced Market◆ Hold Position◆ Stable Rental Market
Median PSF · August 2026
$769 ▼ -18.6% MoM
Resale Transactions
23
▲ 109.1% vs prior mth
vs Region Median
+0.9%
▲ $762 base
Town Rank
#5 / 9
Central region by PSF

The top transaction this month hit $1,473 psf on Cantonment Rd — 92% above the town median. One block, very different price point.

Transaction volume picked up in Central Area in August 2026, with 23 resale transactions compared to 11 in July. Month-on-month, the town median PSF softened 18.6% to $769 — giving buyers a softer entry point. The town sits above the regional median of $762 psf (+0.9%).

$769
Median PSF
23
Resale Transactions
#5
Town Rank (Central)

Verified as of 30 Sep 2026 · Latest resale data through Aug 2026 · Latest rental data through Aug 2026

01Town Context
$466$921$1,377JunJulAug2-Room3-Room4-Room5-RoomExecutive

Central Area 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 Central Area
Central Area $769 —
Central Region $762 -0.9%
Island Wide $601 -21.8%

Central Area ranks #5 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
Upp Cross St 2 transactions $690
Cantonment Rd 2 transactions $1,367
Veerasamy Rd 2 transactions $761
Jln Kukoh 1 transaction $491
Selegie Rd 1 transaction $678

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

Share of Town HDB Stock Transacted
0.26%
02Resale Market

Price Bands by Flat Type

Flat Type n Low (P25) Median High (P75) Median PSF
Overall 23 $524,000 $730,000 $1,070,000 $769
2-Room 1 $280,000 $280,000 $280,000 $491
3-Room 8 $468,750 $483,000 $572,500 $690
4-Room 11 $775,000 $870,000 $1,340,000 $908
5-Room 3 $953,500 $1,120,000 $1,135,000 $769
Executive 0 No transactions this month

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.

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

The $769 median PSF represents a 18.6% dip against July's $945. Transaction count rose 109% from 11 to 23. If you're a buyer, this is a reasonable window to negotiate.

Upp Cross St led with 2 transactions (9% of all town resale) at a median $690 psf — 10% below the town median. Cantonment Rd followed with 2 transactions.

4-Room flats led resale activity in August 2026, accounting for 11 of 23 transactions (48%) at a median $908 psf. That flat type's PSF moved 36.2% up month-on-month.

Top Transactions

Block / Street Flat Type Storey Size Price PSF Lease Left
1E Cantonment Rd 4-Room 40 TO 42 1,001 $1,475,000 $1,473 83 years
06 months
1F Cantonment Rd 4-Room 34 TO 36 1,023 $1,435,000 $1,403 83 years
06 months
1A Cantonment Rd 4-Room 31 TO 33 1,033 $1,392,000 $1,347 83 years
06 months
1E Cantonment Rd 4-Room 16 TO 18 1,023 $1,288,000 $1,260 83 years
05 months
642 Rowell Rd 5-Room 22 TO 24 1,496 $1,150,000 $769 56 years
06 months
Block / Street Flat Type Storey Size Price PSF Lease Left
8 Jln Kukoh 2-Room 04 TO 06 570 $280,000 $491 43 years
11 months
Block / Street Flat Type Storey Size Price PSF Lease Left
535 Upp Cross St 3-Room 13 TO 15 732 $620,000 $847 53 years
637 Veerasamy Rd 3-Room 04 TO 06 786 $610,000 $776 57 years
09 months
633 Veerasamy Rd 3-Room 07 TO 09 775 $560,000 $723 57 years
10 months
34 Upp Cross St 3-Room 10 TO 12 700 $488,000 $697 47 years
11 months
34 Upp Cross St 3-Room 13 TO 15 700 $478,000 $683 47 years
10 months
Block / Street Flat Type Storey Size Price PSF Lease Left
1E Cantonment Rd 4-Room 40 TO 42 1,001 $1,475,000 $1,473 83 years
06 months
1F Cantonment Rd 4-Room 34 TO 36 1,023 $1,435,000 $1,403 83 years
06 months
1A Cantonment Rd 4-Room 31 TO 33 1,033 $1,392,000 $1,347 83 years
06 months
1E Cantonment Rd 4-Room 16 TO 18 1,023 $1,288,000 $1,260 83 years
05 months
269B Queen St 4-Room 19 TO 21 1,227 $1,020,000 $831 56 years
10 months
Block / Street Flat Type Storey Size Price PSF Lease Left
642 Rowell Rd 5-Room 22 TO 24 1,496 $1,150,000 $769 56 years
06 months
634 Veerasamy Rd 5-Room 25 TO 27 1,399 $1,120,000 $800 58 years
02 months
671B Klang Lane 5-Room 13 TO 15 1,130 $787,000 $696 75 years
06 months

No transactions this month for this flat type.

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

Lease Decay Comparison

$1,34480-89$70870-79$729under-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.

5-Room flats in Central Area show a real lease-decay gap — units with 80-89 years remaining trade at $1,319 psf against $708 psf for the 70-79 band, a 46% spread. That's the clearest single number in this report for anyone deciding how much a shorter lease should actually discount a flat.

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 812-mo avg · 8 transactions $330,000 $568
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 8 $483,000 $690
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 3712-mo avg · 37 transactions $1,392,000 $1,369
70-79 years 4 Last transacted: Aug 2026 · $798 psf
60-69 years 0 No resale transactions lodged in the past 5 years for this size.
under-60 years 6 $825,000 $776
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 1612-mo avg · 16 transactions $1,509,444 $1,319
70-79 years 712-mo avg · 7 transactions $800,000 $708
60-69 years 0 No resale transactions lodged in the past 5 years for this size.
under-60 years 512-mo avg · 5 transactions $1,120,000 $769
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 Last transacted: Jul 2023 · $721 psf
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

No HDB leases lodged in Central Area in Aug 2026 — and too few over the trailing 12 months to report a reliable figure.

Ron's Read

PSF softened 18.6% in August 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. That 46% 5-Room lease-decay spread between the 80-89 and 70-79 bands is the number to anchor any negotiation on a shorter-lease unit here — don't let a seller price a thinning lease like a fresh one.

05What It Means For You
What It Means For You
Typical Entry Price
$323,817
12-mo avg · 8 transactions
vs Region Median PSF
-25.5%
Est. Gross Yield
—

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
$494,149
vs Region Median PSF
-9.4%
Est. Gross Yield
—

Softening (-17.0% MoM) — a reasonable window to negotiate on this flat type.

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
$909,097
vs Region Median PSF
+19.2%
Est. Gross Yield
—

Rising (+36.2% MoM) — expect less room to negotiate on this flat type.

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
$1,789,630
12-mo avg · 28 transactions
vs Region Median PSF
+67.8%
Est. Gross Yield
—

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

Last transacted: Jul 2023 · $1,118,000 ($721 psf)

Resale Transactions
1
Exit Price Est.
$323,817
12-mo avg · 8 transactions
Exit Median PSF
$568

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

No leases lodged in the past 5 years for this size. Currently -25.5% vs the region median.

Get a Free Valuation
Resale Transactions
8
Exit Price Est.
$494,149
Exit Median PSF
$690

Softening (-17.0% MoM) — buyers may push back on this flat type.

No leases lodged in the past 5 years for this size. Currently -9.4% vs the region median.

Get a Free Valuation
Resale Transactions
11
Exit Price Est.
$909,097
Exit Median PSF
$908

Rising (+36.2% MoM) — expect less room to negotiate on this flat type.

No leases lodged in the past 5 years for this size. Currently +19.2% vs the region median.

Get a Free Valuation
Resale Transactions
3
Exit Price Est.
$1,789,630
12-mo avg · 28 transactions
Exit Median PSF
$1,279

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

No leases lodged in the past 5 years for this size. Currently +67.8% vs the region median.

Get a Free Valuation

Last transacted: Jul 2023 · $1,118,000 ($721 psf)

No leases lodged in the past 5 years for this size.

No leases lodged in the past 5 years for this size.

No leases lodged in the past 5 years for this size.

No leases lodged in the past 5 years for this size.

No leases lodged in the past 5 years for this size.