What's moving the market: Singapore's biggest property deals and hottest searches (July 10)
The sale of a unit at The Orchard Residences (left, atop Ion Orchard mall) was one of the priciest condo deals. A resale flat at The Peak @ Toa Payoh made the list of top HDB deals. (Photos: Samuel Isaac Chua/EdgeProp Singapore; Google Maps)
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 July 7.
Non-landed private homes — new launches, resales and rents
The highest-priced condo transaction over the past fortnight was a unit at The Ritz-Carlton Residences Singapore Cairnhill, a freehold District 9 development with just 58 units. The three-bedroom apartment on the eighth floor fetched $11.68 million, or $4,126 psf based on its strata area of 2,831 sq ft.
Second place went to The Orchard Residences, also in District 9, with a high-floor unit changing hands for $10.2 million or $3,576 psf. It is located on the 50th storey of the 56-storey tower, which is the residential component of the 99-year leasehold integrated development that also comprises Ion Orchard mall.
Nearby, the Ardmore II freehold condo clocked the third priciest sale in the past 14 days, with a four-bedder fetching $6.8 million or $3,360 psf in late June.
In the rental market within the Outside Central Region (OCR), the most popular condo among tenants, by a long shot, was Treasure At Tampines. At the mega 2,203-unit development, there were 58 rental contracts with leases starting from May 2026.
Quarterly data tabulated by EdgeProp Research shows the median rental at Treasure At Tampines was $5.38 psf in the second quarter of 2026, across 109 contracts signed. Average rental yield in the past 12 months was about 3.6%, based on URA data.
Lentor Modern was second on the list with 30 rental deals. Homeowners collected their keys late last year when the residential component obtained its temporary occupation permit at the end of August. Rental yield has thus far averaged 2.9%.
Other popular rented condos in the OCR included Watertown in Punggol, J Gateway in Jurong East, Riverfront Residences in Hougang, and D’nest in Pasir Ris, with 25 to 28 rental deals each.
New-launch private residential development saw more muted transaction activity due to a dearth of fresh project launch weekends during the period in review.
Coastal Cabana logged five deals in the 14 days to July 7, while Chuan Park, Hudson Place Residences, and Union Square Residences recorded three deals, based on caveats lodged.
Among resale developments, owners at the 1 Canberra executive condo (EC) made three sales in the past 14 days. Summerdale along Boon Lay Drive and Echelon in the Alexandra area also each logged three resale transactions.
Based on searches on EdgeProp’s website, prospective buyers were most interested in new-launch condos such as Dunearn House, Hudson Place Residences, Lentor Gardens Residences, and River Modern.
The likes of Newport Residences and Grand Dunman also made the list going by data from the past seven days to July 7.
As for resale condos, buyers searched for developments including Marina One Residences, Melville Park, V On Shenton, and Reflections At Keppel Bay over the last month
The most popular condos for rent, based on searches by prospective tenants, included Lentor Modern, Riverfront Residences, Sceneca Residence, Thomson Three, Kovan Regency, and The Arden.
Landed homes — highest transacted prices and rents
The landed housing segment’s highest-priced deal in the past fortnight was the $28 million sale of a bungalow along Linden Drive on June 24. That works out to $2,395 psf, given its 11,691 sq ft freehold site.
The detached property along Linden Drive, pictured here in 2023, changed hands on June 24 this year. (Image: Google Maps)
Linden Drive is situated next to Nanyang Girls’ High School off Dunearn Road, with Raffles Girls’ Primary School and Hwa Chong Institution also in the vicinity. It is near the Sixth Avenue MRT Station as well.
During the fortnight to July 7, another top landed property transaction by quantum involved a freehold detached house on Sunset Way in the Clementi planning area. It was sold for $13.08 million or $1,552 psf based on its land area of 8,427 sq ft, on June 23.
And on June 30, another freehold detached property along Moulmein Rise in the Novena area was purchased for $12.3 million ($1,736 psf).
The biggest deal in the leasing market for landed homes in the OCR was for a house on Li Hwan View commanding $18,500 in monthly rent. That works out to $4.93 psf per month.
Li Hwan View, situated off Ang Mo Kio Ave 1 and Lorong Chuan, is part of the freehold Golden Hill Estate landed development
Li Hwan View, pictured here in 2024, for illustration purposes only. A landed property on the street is being leased out for $18,500 per month. (Image: Google Maps)
Nearby, also off Lorong Chuan, a detached house along Dunsfold Drive is being tenanted for $16,100 ($3.07 psf) per month. The street is near Braddell Road and the Central Expressway.
Over in the east, a semi-detached home on East Coast Avenue is bringing in $14,000 ($4.31 psf) in monthly rent. On the same stretch, a terrace house is commanding $11,700 ($3.12) per month.
Along Siglap Road, a semi-detached property is being rented out for $12,500 ($5.56 psf) a month
HDB flats — top prices and rents, most transacted blocks
As for HDB homes, the highest-priced resale transactions in the public housing market again included developments such as The Pinnacle@Duxton, which has produced numerous million-dollar flats and record deals in recent years.
Four units at the Cantonment Road project made the list of priciest HDB resale deals during the fortnight in review. They were sold at prices ranging from $1.48 million to $1.555 million.
Over in Toa Payoh, a flat at The Peak — a Design, Build and Sell Scheme (DBSS) development — fetched $1.55 million on July 7, making it the second-priciest transaction in the last 14 days. The five-room flat is located between the 25th and 27th storeys.
A five-room flat at The Peak @ Toa Payoh, a DBSS development, was sold for $1.55 million. (Image: Google Maps)
The rental market for HDB flats saw the 10 highest rents coming in at between $5,200 and $6,600 per month for leases starting in July.
A multi-generation flat at Block 460 Tampines Street 42 took the pole position, with $6,600 in monthly rent. Completed in 1987, the block is a seven-minute walk to Tampines East MRT Station on the Downtown Line, and is across the road from Temasek Junior College.
In the west of Singapore, a five-room HDB flat at Block 204 Boon Lay Drive is fetching $5,750 per month in rent. It spans 1,274 sq ft in floor area. Completed in 1976, the block is situated off Corporation Road. In the vicinity are Boon Lay Garden Primary School and Boon Lay Shopping Centre
Want more insights? Explore our EdgeProp Buddy AI-powered real estate chatbot.
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