ShiokNest Monthly Market Report — March 2026

Market Report Updated
Key Takeaways
  • Total of 63 transactions recorded in March 2026 (-95.4% MoM).
  • Median sale price per square foot: $1,991, up 3.7% from last month.
  • Most active district: District 19 (Serangoon Garden, Hougang, Punggol) with 8 sales.

Based on URA REALIS data, the Singapore private residential market recorded 63 total transactions in March 2026, down 95.4% from the previous month. Sales volume stood at 63 units with a median price of $1,991 per square foot, while the rental market saw 0 leases. For an overview of the buying process, see our Singapore Condo Maintenance Fees Explained — MCST, Funds & Voting.

Highest-Value Transactions

The top 5 transactions by total price in March 2026:

ProjectDistrictPricePSFSize (sqft)Type
BRADDELL HEIGHTS ESTATED13$10,180,000$2,0205,041Resale
FRANKEL ESTATED15$8,800,000$2,2263,953Resale
SERANGOON GARDEN ESTATED19$6,880,000$2,5362,713Resale
BUKIT LOYANG ESTATED17$6,800,000$1,2095,624Resale
GREENBANK PARKD21$6,550,000$1,6184,048Resale

Key Figures at a Glance

63
Sales Transactions
↓ 95.4% MoM
$1,991
Median PSF
↑ 3.7% MoM
$2,160,000
Median Transaction Price
0
Rental Leases
$0
Median Rent

Sales Market Deep Dive

The private residential sales market recorded 63 transactions in March 2026, representing a decrease of 95.4% month-on-month and down 98.0% year-on-year. The median price per square foot was $1,991 (up 3.7% MoM), while the median transaction price stood at $2,160,000.

Transaction Mix: Resale: 53 (84.1%) · New Sale: 9 (14.3%) · Sub Sale: 1 (1.6%)

Segment Performance: CCR, RCR & OCR

Performance across Singapore's three market segments shows differentiated pricing and demand patterns.

SegmentSales Vol.Median PSFRentalsMedian RentGross Yield
CCR (Core Central Region)8$2,8510$00%
RCR (Rest of Central Region)29$2,0010$00%
OCR (Outside Central Region)26$1,6090$00%

For a deeper comparison, see Old vs New TOP: How Age Affects Pricing.

Top Districts by Activity

The most active districts by sales volume in March 2026:

DistrictAreaSegmentTransactionsMedian PSF
District 19 (Serangoon Garden, Hougang, Punggol)Serangoon Garden, Hougang, PunggolOCR8$1,988
District 15 (Katong, Joo Chiat, Amber Road)Katong, Joo Chiat, Amber RoadRCR8$2,357
District 21 (Upper Bukit Timah, Clementi Park, Ulu Pandan)Upper Bukit Timah, Clementi Park, Ulu PandanOCR5$1,618
District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town)Pasir Panjang, Hong Leong Garden, Clementi New TownRCR5$2,012
District 9 (Orchard, Cairnhill, River Valley)Orchard, Cairnhill, River ValleyCCR5$2,800

Notable Transactions

The highest-value transactions by price per square foot in March 2026:

ProjectDistrictPSFPriceSize (sqft)Type
KLIMT CAIRNHILLD9$3,803$3,398,000893Resale
UNION SQUARE RESIDENCESD1$3,354$2,491,000743New Sale
WATTEN HOUSED11$3,307$5,090,0001,539New Sale
ZYON GRANDD3$3,227$2,327,000721New Sale
THE CONTINUUMD15$3,116$3,388,0001,087New Sale
PROMENADE PEAKD3$3,108$2,375,300764New Sale
NEWPORT RESIDENCESD2$2,982$3,595,0001,206New Sale
IRWELL HILL RESIDENCESD9$2,901$1,905,000657Resale
THE PATERSOND9$2,800$3,978,8881,421Resale
TERRA HILLD5$2,775$3,017,0001,087New Sale

Rental Market Snapshot

The rental market recorded 0 leases in March 2026. The median monthly rent was $0.

Planning to rent? Check out our How to Calculate Buy-to-Rent ROI.

6-Month Price Trends

Tracking median PSF and rent over the past six months reveals the underlying trend beyond monthly noise.

MonthMedian PSFMedian Rent
2025-10$2,550$4,400
2025-11$1,922$4,400
2025-12$1,858$4,300
2026-01$1,821$4,350
2026-02$1,919--
2026-03$1,991--

Market volatility assessment: Volatile (based on 6-month coefficient of variation of median PSF).

Supply & Demand Signals

Primary vs Secondary Market: New launches accounted for 9 units (14.3% of total), while resales made up 53 transactions and 1 sub-sales were recorded.

Unit Size Demand: 5BR+: 11 (17.5%) · 2BR: 14 (22.2%) · 3BR: 20 (31.7%) · 4BR: 7 (11.1%) · 1BR: 9 (14.3%) · Studio: 2 (3.2%)

Price Distribution: $500K-1M: 4 · $1M-1.5M: 12 · $1.5M-2M: 13 · $2M-3M: 15 · $3M+: 19

Explore our latest Condos with Best Views in District 18 (Tampines, Pasir Ris) for featured developments.

Outlook & What to Watch

As 2026 begins, the Singapore property market enters a period of cautious optimism with potential interest rate cuts providing tailwinds for both the sales and rental markets.

Key takeaways for March 2026:

  • Prices are trending upward with median PSF rising 3.7% month-on-month.
  • The resale market remained the primary source of transactions, indicating steady demand for existing stock.
  • The CCR-to-OCR price premium stands at approximately 77%, near historical averages.

Useful resources: How to Use the Mortgage Calculator · BSD Explained: Buyer's Stamp Duty Rates in Singapore

Bedroom Type Analysis

Prices and rents broken down by unit type help buyers identify value across different bedroom configurations.

BedroomMedian Sale PriceMedian RentEst. Gross Yield
0$884,444----
1$1,175,000----
2$1,705,000----
3$2,244,000----
4$3,380,000----
5$5,580,000----

Yields are gross estimates: (monthly rent × 12) / median sale price. Actual net yields vary with maintenance, taxes, and vacancy.

Useful Resources

Official Sources: URA · URA REALIS · MAS · SORA Rates · BSD Rates · ABSD Rates · CPF Housing

Methodology & Sources

This report is compiled from transaction data published by the Urban Redevelopment Authority (URA) via the REALIS system. Median values are used throughout to minimise the impact of outliers from exceptionally high or low transactions. Month-on-month (MoM) and year-on-year (YoY) changes compare like-for-like periods.

Gross rental yield is calculated as (median monthly rent × 12) / median transaction price. Market segment classifications follow URA definitions: CCR (Core Central Region), RCR (Rest of Central Region), and OCR (Outside Central Region). Interest rate references use the Singapore Overnight Rate Average (SORA) published by MAS. Stamp duty rates reference IRAS BSD and ABSD schedules.

Data coverage: 60 condos with sales data and 0 with rental data out of 3429 tracked properties for March 2026.