Singapore Property Prices 2024: Latest Trends and Market Outlook

This is the latest average price for private residential properties (condominiums) in Singapore for 2024. The specific average price ranges from S$18,740 to S$34,003 per square meter.

The property price per square meter in Singapore is approximately S$18,000 to S$34,000.

For 2023, the average price of condominiums was S$17,685 to S$31,807 per square meter.

In 2022, the median price for a private residential property in Singapore was S$1.63 million (approximately RMB 8.62 million / US$1.2 million).

Latest & Popular Residential Units

Orchard Sophia
Unit price from S$2,802 psf
District 09 (Orchard / River Valley)
Freehold
1 to 3-Bedroom units from S$1.356M

• Location and Convenience: Situated in a prime location in Singapore’s core central region, adjacent to Dhoby Ghaut MRT station, providing quick and easy connections across the island. The site was formerly Sophia Ville and Fairhaven, acquired through a collective sale of S$62 million.
• Project Information: This development offers 78 exclusive residential units spread across two 5-story buildings. Residents can enjoy a variety of condominium facilities such as a swimming pool, spa pool, social and reading lounges, outdoor BBQ area, rooftop bar and dining, and more.
• Unit Mix and Pricing: Offers a variety of floor plans to suit different lifestyle needs, from 1-bedroom units (441 sq ft) to 3-bedroom dual-key units (829 sq ft). The prices are highly attractive, offering buyers an excellent investment opportunity.
• Educational Institutions: The project is close to several renowned schools, including Stamford Primary School, River Valley Primary School, Chatsworth International School, and St. Margaret’s Primary School, ensuring residents’ children have access to quality education.
• URA Transformation Plan: It will benefit from the upcoming URA transformation plan for Orchard Road, which aims to turn the Orchard area into a vibrant lifestyle destination, thereby increasing the project’s appeal.

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Grand Dunman
Unit price from S$2,041 psf
District 15 (East Coast / Marine Parade)
99-Year Leasehold
1 to 5-Bedroom units and Penthouses from S$1.390M

• Excellent Location: Located in Tanjong Katong in District 15, just a one-minute walk from Dakota MRT station, offering convenient transport links to key locations across Singapore.
• Abundant Shopping and Dining Options: Surrounded by multiple shopping centers such as City Plaza, Katong Shopping Centre, and PLQ Mall, as well as a diverse range of dining choices, including local and international cuisine.
• Rich Leisure and Entertainment Facilities: Close to East Coast Park, where residents can enjoy seaside activities. The Circle Line MRT provides easy access to leisure spots like the Marina Bay Waterfront Promenade and Gardens by the Bay.
• Educational Institutions: Close to several prestigious schools, including Kong Hwa School, Haig Girls’ School, and Tanjong Katong Primary, providing convenience for families with school-aged children.
• Diverse Housing Choices: Offers a variety of unit types from 1-bedroom to 5-bedroom apartments, as well as penthouses, catering to the needs of different families and investors.
• Convenient Transportation: In addition to being near an MRT station, multiple bus routes and expressways provide easy connections to the rest of the city.

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Singapore properties are divided into 28 postal districts and 3 main regions based on geographical location.

These 3 main regions are the Outside Central Region (OCR), the Rest of Central Region (RCR), and the Core Central Region (CCR).

You can clearly see the location and areas covered by Singapore properties in each postal district.

Singapore Property Prices in the Outside Central Region (OCR)

The average price for properties in the Outside Central Region of Singapore is S$18,740/sqm.

The condominiums here are considered mass-market private housing.

This includes postal districts 16 to 19, 21, 22, 23, and 25 to 28.

Singapore Property Prices in the Rest of Central Region (RCR)

The average price for properties in the Rest of Central Region is S$25,973/sqm.

The condominiums here are considered mid-tier and some high-end private housing.

This includes postal districts 3, 8, and 12, as well as parts of districts 1, 2, 4, 5, 6, 7, 13, 14, 15, 20, and 21.

Singapore Property Prices in the Core Central Region (CCR)

The average price for properties in the Core Central Region is S$34,003/sqm.

The condominiums here are considered high-end private housing.

This includes postal districts 9, 10, and 11, as well as parts of districts 1, 2, 4, 6, and 7.

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Singapore Bishan Property Prices

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Singapore Bukit Timah Property Prices

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Singapore Clementi Property Prices

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Singapore Downtown Core Property Prices

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Singapore Geylang Property Prices

Average property prices in Geylang, Singapore

Singapore Hougang Property Prices

Average property prices in Hougang, Singapore

Singapore Jurong East Property Prices

Average property prices in Jurong East, Singapore

Singapore Jurong West Property Prices

Average property prices in Jurong West, Singapore

Singapore Kallang Property Prices

Average property prices in Kallang, Singapore

Singapore Marine Parade Property Prices

Average property prices in Marine Parade, Singapore

Singapore Newton Property Prices

Average property prices in Newton, Singapore

Singapore Novena Property Prices

Average property prices in Novena, Singapore

Singapore Orchard Road Property Prices

Average property prices in Orchard Road, Singapore

Singapore Outram Park Property Prices

Average property prices in Outram Park, Singapore

Singapore Pasir Ris Property Prices

Average property prices in Pasir Ris, Singapore

Singapore Punggol Property Prices

Average property prices in Punggol, Singapore

Singapore Queenstown Property Prices

Average property prices in Queenstown, Singapore

Singapore River Valley Property Prices

Average property prices in River Valley, Singapore

Singapore Rochor Property Prices

Average property prices in Rochor, Singapore

Singapore Sembawang Property Prices

Average property prices in Sembawang, Singapore

Singapore Sengkang Property Prices

Average property prices in Sengkang, Singapore

Singapore Serangoon Property Prices

Average property prices in Serangoon, Singapore

Singapore Tampines Property Prices

Average property prices in Tampines, Singapore

Singapore Tanglin Property Prices

Average property prices in Tanglin, Singapore

Singapore Toa Payoh Property Prices

Average property prices in Toa Payoh, Singapore

Singapore Yishun Property Prices

Average property prices in Yishun, Singapore

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