Insights Market signal

Districts getting more expensive

This district view looks at both rent movement and sale PSF movement. A district is more convincing when both sides of the market are moving in the same direction.

Data is for research and comparison only.
Districts 28 Private residential districts tracked
Top trend D11 Watten Estate, Novena, Thomson
Read with Rent + PSF Movement is stronger when both agree

Read rent and sale together

Rent movement can be driven by tenant demand and supply. Sale PSF movement can be driven by buyer demand, tenure, new launches and unit mix.

The strongest district reads happen when rent, sale PSF and transaction volume all support the same story.

What to make of this

This market signal is something to investigate, not a headline to chase. The main anchors here are districts 28 (Private residential districts tracked) and top trend D11 (Watten Estate, Novena, Thomson). The cleaner read is when price, rent and activity all point in the same direction across the Jun 2021 to Aug 2026 dataset.

D11 / Watten Estate, Novena, Thomson (224 projects) is the first row I would open, with rent move -9.1% and sale PSF move +42.9%. If the top row is driven by thin activity, treat it as a watchlist item. If it has depth, it deserves a proper project or district follow-up.

What I would check next

I would treat this as a watchlist page. A rising signal is interesting, but the next question is whether the project or district has enough depth to make the move believable.

If only one metric is moving, keep the conclusion modest. If rent, sale PSF and activity all move together, that page deserves a deeper look.

District movement

Sorted by combined recent rent and sale PSF movement.

01 D11 / Watten Estate, Novena, Thomson 224 projects -9.1% Rent move +42.9% Sale PSF move $5,100 Median rent $2,680,000 Median sale 02 D24 / Lim Chu Kang, Tengah 4 projects +0.0% Rent move +23.9% Sale PSF move $6,000 Median rent $1,616,500 Median sale 03 D08 / Little India 96 projects +4.4% Rent move +14.9% Sale PSF move $3,800 Median rent $1,534,750 Median sale 04 D02 / Anson, Tanjong Pagar 29 projects +0.0% Rent move +15.1% Sale PSF move $4,300 Median rent $1,638,000 Median sale 05 D06 / High Street, Beach Road (part) 3 projects +11.6% Rent move +0.8% Sale PSF move $5,000 Median rent $2,260,000 Median sale 06 D12 / Balestier, Toa Payoh, Serangoon 126 projects +2.7% Rent move +8.7% Sale PSF move $3,500 Median rent $1,638,000 Median sale 07 D14 / Geylang, Eunos 259 projects +4.1% Rent move +5.0% Sale PSF move $3,400 Median rent $1,375,000 Median sale 08 D25 / Kranji, Woodgrove 25 projects +2.5% Rent move +3.5% Sale PSF move $3,700 Median rent $1,200,000 Median sale 09 D26 / Upper Thomson, Springleaf 49 projects -6.8% Rent move +10.3% Sale PSF move $4,000 Median rent $1,896,700 Median sale 10 D01 / Raffles Place, Cecil, Marina, People's Park 25 projects +3.3% Rent move -0.7% Sale PSF move $5,200 Median rent $1,969,756 Median sale 11 D21 / Upper Bukit Timah, Clementi Park, Ulu Pandan 121 projects +2.3% Rent move -0.1% Sale PSF move $4,150 Median rent $1,968,894 Median sale 12 D27 / Yishun, Sembawang 60 projects +1.4% Rent move +0.7% Sale PSF move $3,500 Median rent $1,307,000 Median sale