property personalised
News
What's moving the market: Singapore's biggest property deals and hottest searches (April 24)
By EdgeProp Singapore | April 25, 2026

River Modern (pictured) and The Continuum were the most transacted new launch condos in the last 14 days. (Photo: Samuel Isaac Chua / EdgeProp Singapore)

Follow us on  Facebook  and join our  Telegram  channel for the latest updates.

Here is this week’s data-led look at Singapore’s property market, covering record transactions, rental benchmarks and the most searched homes on EdgeProp. The following insights are compiled from EdgeProp Buddy, URA Realis and data.gov.sg, downloaded as of April 21.

Non-landed private homes — new launches, resales and rents

Among new condo launches with the most transactions, topping the list were River Modern and The Continuum, each with six deals recorded during the 14-day period as of April 21.

Located in prime District 9, the 99-year leasehold, 455-unit River Modern was launched in early March this year, with 410 units taken up at an average of $3,266 psf on its debut.

Read also: What’s moving the market: Singapore's biggest property deals and hottest searches (April 17)



As for The Continuum, the 816-unit freehold condo along Thiam Siew Avenue was launched in May 2023 and has logged an average transaction price of $2,756 psf, EdgeProp analytics show. Its latest deal in the period in review was the new sale of a ground-floor, three-bedroom unit going for about $3.37 million ($2,748 psf) on April 19, based on lodged caveats.

Other new launches that made the list of most transacted new-launch projects included Narra Residences along Dairy Farm Walk, Pinery Residences on Tampines Street 24, and the Elta development in Clementi.

Meanwhile, URA statistics released on April 24 showed that private home prices in Singapore rose 0.9% q-o-q in the first quarter of 2026, slightly above the average quarterly increase of 0.8% recorded in 2025. This came amid strong take-up of new launches during the latest quarter, with the high sales performance of more than 90% for Pinery Residences and River Modern described as “remarkable”.

A show unit at the ultra-luxe boutique project 21 Anderson. (Photo: Samuel Isaac Chua/EdgeProp Singapore)

As for the most expensive non-landed homes sold during the past fortnight, two units at ultra-luxury freehold project 21 Anderson in the prestigious District 10 fetched the highest prices, surpassing the other transactions by a long shot.

The vertically stacked, four-bedroom units, located on the second and third floors, were purchased on April 7 for $22.5 million and $21.9 million. The 18-unit boutique development was launched in April 2025.

The next highest-priced condo unit came from Skywaters Residences along Prince Edward Road in Tanjong Pagar. The 30th-storey unit, spanning 2,099 sq ft, commanded a price tag of close to $12.48 million ($5,947 psf). The 190-unit Skywaters Residences occupies the 27th to 63rd storeys of Singapore’s future tallest tower.

Read also: What's moving the market: Singapore's biggest property deals and hottest searches (April 10)

Separately, property consultancy Knight Frank on April 23 released its latest edition of The Wealth Report, which projected that the ultra-wealthy population in Singapore could increase by 46% in the next five years to reach 10,497 individuals by 2031.

The report also noted that the spending power of US$1 million — the amount of prime residential space that the budget could secure — had fallen by 22% between 2020 and 2025 in Singapore. That said, demand for well-located projects remains resilient, driven by local homebuyers backed by generational wealth, Knight Frank noted.

Meanwhile, the most transacted resale condos in the 14-day period in review included A Treasure Trove, a leasehold condo Punggol completed in 2015, and Normanton Park, a massive leasehold development with 1,862 residential units located near the Science Park and Kent Ridge Park. These developments logged four resale transactions each.

Next, Treasure At Tampines and Mandarin Gardens each recorded three resales during the fortnight.

The latest URA statistics also showed that activity in the resale market for private homes softened in the first quarter of this year, with about 9.5% fewer transactions compared to the year-ago period. Prices of resale private homes slipped 0.5% q-o-q — the first decline since 3Q2024.

In the rental market, Normanton Park ranked as the most popular condo with 69 rental deals, based on latest available data. The project’s average rental price stands at $6.2 psf per month, with an average rental yield of about 3.7%, based on EdgeProp Singapore analytics. During the first quarter of 2026, there were 262 rental contracts signed at Normanton Park, at a median rate of $6.11 psf per month.

Recent rental transactions, with leases starting March 1, at Normanton Park include a three-bedroom unit going for $5,300 per month and one-bedders fetching $3,100 to $3,500 per month, URA data showed.

Read also: What's moving the market: Singapore's biggest property deals and hottest searches (April 2)

Other popular rented condos with a high volume of transactions include The M, Marina One Residences, Treasure At Tampines, Tembusu Grand and The Landmark,

At The M, situated along Middle Road near Bugis MRT Station, there were 53 rental deals recorded. The 522-unit development was completed in 2023 and has thus far achieved an average rental price of about $8.1 psf per month, with a rental yield of 3.8%.

URA data and EdgeProp Singapore analytics showed that there were 131 contracts inked at The M during January to March this year, at a median rental rate of $7.87 psf per month.

Vela Bay’s scale model. The project, launching on April 25, was among the most searched new-launch condos for sale. (Photo: Samuel Isaac Chua/EdgeProp Singapore)

When it comes to the volume of searches on EdgeProp Singapore over the last seven days, the most searched new-launch condos for sale included Pinery Residences in District 18, Vela Bay in the new Bayshore precinct, Pinetree Hill in District 21 and Canninghill Piers along Clarke Quay in District 6.

Vela Bay will be the first private residential launch in the upcoming 60ha Bayshore waterfront precinct. The 515-unit development, launching on April 25, is envisioned as a well-connected coastal sanctuary, inspired by superyacht living. Ahead of its debut, since the preview began on April 11, about 1,000 cheques were collected for Vela Bay.

As for resale condos, the most searched developments for sale in the last month included Normanton Park, Treasure At Tampines, Avenue South Residence along Silat Avenue in District 3, The Sail @ Marina Bay in the Downtown Core planning area, and Reflections At Keppel Bay in District 4.

Condos up for rent and most popular with prospective tenants, based on search volume in the last seven days, included The Blossomvale along Dunearn Road, Bartley Ridge on Mount Vernon Road in District 13, Euro-Asia Court in the River Valley area, and Principal Garden along Prince Charles Crescent off Alexandra Road.

Condo units with the highest rents included a spacious duplex penthouse measuring more than 7,200 sq ft at V On Shenton, which has been leased out for $40,000 ($5.52 psf) per month. The high-end development in the heart of the financial district features a 54-storey residential tower with 510 units ranging from studios to three-bedders and designer penthouses.

V On Shenton, completed in 2017, has posted an average rental price of $6.7 psf per month with a rental yield of 4.1%, based on EdgeProp Singapore analytics.

Following closely on the list of highest rents is The Marq On Paterson Hill, known for its “bungalows in the sky” concept, with a unit going for $38,000 ($12.46 psf) per month. The luxurious four-bedroom apartment spans more than 3,000 sq ft. Rental prices at the boutique District 9 development have averaged $11 psf per month with a yield of 2.2%.

A few months ago, The Marq On Paterson Hill also logged its most profitable resale transaction to date, with a 6,232 sq ft unit changing hands for $37 million in January. The seller netted a profit of $5.22 million or an annualised gain of 0.9% over 18.5 years.

The Marq On Paterson Hill is within walking distance of the Orchard Road shopping belt. (Photo: Samuel Isaac Chua/EdgeProp Singapore)

Other condo units with the highest monthly rents include luxury homes at Hana along Tomlinson Road, fetching $36,500 ($10.58 psf), and The Nassim in District 10, leased for $35,000 ($8.24).

Landed homes — highest transacted prices and rents

In the landed residential segment, the most expensive deal in the past fortnight, based on data downloaded as of April 21, was for a house in the Good Class Bungalow (GCB) enclave of Nassim Road. The property changed hands for $64.9 million, which works out to $4,550 psf based on the land area of over 14,000 sq ft, in early April.

The next priciest landed property deal was for a detached house along Sunset Crescent, fetching $16 million or $1,988 psf based on the freehold land area of more than 8,000 sq ft. The seller, who had bought it in 2007, reaped a profit of $11.1 million from the sale, or an annualised gain of 6.4%.

Prior to this deal, the most recent transaction at the Sunset Crescent neighbourhood, near Clementi and Upper Bukit Timah, was in March for another detached house priced at nearly $13.1 million ($1,680 psf), based on lodged caveats.

A landed home on Sunset Crescent recently changed hands for $16 million. (Image: Google Maps)

In the leasing market, a detached house on Cove Way — a waterfront residential area in Sentosa Cove — is going for $65,000 per month.

Meanwhile, a landed home in the GCB area of Belmont Road/Morley Road fetched $60,000 per month. In another GCB area, a property on Swettenham Road, near Ridout Road and Peirce Road, has been rented for $53,000 per month.

Lower down on the list, a detached house along the Prince of Wales Road in Bukit Timah commanded $33,000 in monthly rent. Nearby, on Greenleaf Road, another detached house fetched $33,300 per month.

HDB flats — top prices and rents, most transacted blocks

In the public housing market, the most recent and priciest HDB flat was for a unit at The Pinnacle@Duxton along Cantonment Road. The four-room flat, on the 31st to 33rd storeys, was purchased for $1.438 million. That translates to $1,436 psf on its floor area of 1,001 sq ft.

The Pinnacle@Duxton is an iconic 50-storey HDB development in Tanjong Pagar. (Photo: Samuel Isaac Chua/EdgeProp Singapore)

A five-room flat at 7 Boon Keng Road, on the 34th to 36th storeys, was transacted for $1.43 million ($1,242 psf). The block is part of a Design, Build and Sell Scheme (DBSS) project known as City View @ Boon Keng, a short walk to Boon Keng MRT Station.

The most transacted HDB blocks included those along Bidadari Park Drive, Tampines Street 61, Bendemeer Road, Yishun Street 31 and Senja Road. Each block recorded three deals in the past 14 days.

As for HDB flats with the highest rents, a four-room flat spanning about 1,338 sq ft at Block 5 Jalan Batu is going for $6,100 per month from April onwards. In March, another four-room flat at the same block was leased for $5,650 per month.

Completed in the 1960s, 5 Jalan Batu is located off Mountbatten Road and near Dunman High School and Katong Park MRT Station.

Meanwhile, a five-room flat at 95C Henderson Road in the Bukit Merah estate achieved a monthly rent of $5,100. It measures about 1,216 sq ft. The block is part of the City Vue @ Henderson project, which saw eight rental transactions in March this year, with monthly rents starting from $3,900 for three-room flats.

City Vue @ Henderson. In the vicinity are Tiong Bahru Plaza, Bukit Merah View Market & Hawker Centre and Gan Eng Seng Primary School. (Image: Chian Song Lim/Google Maps)

Some of the HDB blocks that garnered the most searches on EdgeProp Singapore were 157 Simei Road, 270A Sengkang Central and 131B Canberra Crescent. Two blocks along Strathmore Avenue in Queenstown also made the list.

Want more insights? Explore our EdgeProp Buddy AI-powered real estate chatbot.

For more news and analysis, read our weekly e-paper. Prefer a print copy? Get it delivered to your home every Monday.


More from Edgeprop