Summary



Last year, Singapore’s private residential market grew by 3.9%—a slower climb compared to the double-digit increases in past years. Hidden beneath these islandwide numbers, however, are districts with standout price gains. Join us for a friendly exploration of where condos are sprinting ahead and why District 26, in particular, deserves your attention.




District 26 Rules



Searching for the district with the biggest gains? District 26 claims the crown with a robust 21% year-on-year growth in condo prices. Hot on its heels are Districts 17 and 25. But it’s really District 26 that captures everyone’s interest, largely due to an influx of newly launched, high-demand condos that have propelled prices faster than other areas.




New Sales are Driving Prices Up


DistrictTownsAverage price (2024) ($psf)Average price (2023) ($psf)Annual price growth (%)
26Upper Thomson, Springleaf & Lentor2,1071,74121.0
17Loyang & Changi1,3711,19814.4
25Woodlands, Admiralty & Kranji1,2421,11811.1
23Choa Chu Kang, Bukit Batok & Dairy Farm1,6981,53011.0
22Lakeside, Jurong & Boon Lay1,7331,57510.0
19Hougang, Punggol & Sengkang1,6791,5339.5
12Toa Payoh & Balestier1,7621,6308.1
14Paya Lebar, Eunos & Geylang1,7281,6276.2
18Simei, Tampines & Pasir Ris1,6461,5536.0
1Raffles Place, Marina & Boat Quay2,1242,0085.8
13Braddell, Potong Pasir & MacPherson1,7421,6465.8
28Seletar & Yio Chu Kang1,4371,3685.0
21Upper Bukit Timah & Ulu Pandan2,0571,9704.4
15Tanjong Rhu, Marine Parade & East Coast2,1202,0384.0
20Ang Mo Kio & Bishan1,7511,6923.5
16Bedok & Bayshore1,8401,7843.1
5Clementi, Pasir Panjang & West Coast1,8461,8082.1
27Sembawang & Yishun1,2561,2450.9
8Little India & Farrer Park1,8251,8160.5
2Anson Road, Tanjong Pagar & Chinatown2,1812,213-1.4
3Queenstown, Tiong Bahru & Alexandra2,0002,055-2.7
10Tanglin Road, Holland & Bukit Timah2,2812,375-4.0
4Telok Blangah, Mount Faber & Sentosa1,8521,930-4.0
9Orchard Road, River Valley & Cairnhill2,2052,325-5.2
11Thomson, Novena & Newton2,2252,390-6.9
6City Hall & Clarke Quay2,1302,291-7.0
7Golden Mile, Bugis, Rochor & Beach Road2,2812,390-10.0




Freshly launched condos can really heat up a district’s real estate scene. In District 26, developments like Lentor Modern and Lentor Mansion sparked buyer excitement and robust sales, boosting the entire district’s average price. Even upcoming Lentor Central Residences hints at sustained interest, so expect momentum to continue.





District 26 Ranking High



Focused on older condos? District 26 still shines, logging an 11.8% price increase in the resale scene. Districts 18 and 14 also had notable upticks, but District 26’s ability to blend top-tier new launches with rejuvenated older sites like Bullion Park highlights its diversity. Thanks to strategic location and developer interest, resale prices got an extra lift.




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Which Districts Might Outperform Their Peers This Year?



Are there more success stories on the horizon? District 26 could stay ahead with upcoming launches near Lentor MRT Station, and District 18 also looks poised for further appreciation with big projects in the works. Keep an eye on the Core Central Region (CCR), too: around a dozen new CCR projects this year might kick-start a comeback in areas like Districts 9 and 10.





Conclusion for First-Time Homeowners



First-Time Homeowners: District 25 and 17 remain among the more affordable areas, allowing you to snag a property with significant growth potential. You’ll still find a good mix of comfort and connectivity, whether you choose a brand-new project or a resale unit near an MRT station. District 26 could be a stretch budget-wise, but it’s worth monitoring for future opportunities.




Disclaimer: The data presented here is sourced from URA’s flash estimates and publicly available information. For tailored advice on real estate investments, consider speaking with a professional who can help evaluate your personal financial situation and property goals.