PropAce
The three landed sales in District 15 during August 2026 reveal a market where top-tier prices remain robust despite broader cooling pressures, with freehold properties trading at S$2,000–S$3,360 psf, outperforming both the district’s median and islandwide averages.
Key Takeaways
- District 15’s freehold prices outperformed the islandwide private market in Q2 2026, with median prices at S$2,177 psf (PropAce Institutional Advisoryverified, 2026), compared to S$2,037 psf islandwide (PropAce Institutional Advisoryverified, 2026).
- New launches in District 15 commanded a 44% premium over resales, averaging S$2,304 psf versus S$1,596 psf (PropAce Institutional Advisoryverified, 2026).
- OCR (Outside Central Region) properties in District 15 saw specific transaction-driven price growth, with two sales exceeding S$3,000 psf (PropAce Institutional Advisorydata desk, 2026).
- Resale activity in District 15 lagged behind new launches, with no recorded transactions in the top 5 most expensive resale listings (Stacked Homes, 2026).
The Transactions
| Project | Street | District | Date | Price | Size (sq ft) | PSF |
|---|---|---|---|---|---|---|
| OPERA ESTATE | AIDA STREET | District 15 (OCR) | 2026-08 | S$5,710,000 | 1,700 | S$3,360 |
| LANDED HOUSING DEVELOPMENT | EVERITT ROAD | District 15 (RCR) | 2026-08 | S$5,400,000 | 1,757 | S$3,074 |
| LANDED HOUSING DEVELOPMENT | WOO MON CHEW ROAD | District 15 (OCR) | 2026-08 | S$13,536,000 | 6,767 | S$2,000 |
Case Studies
Opera Estate, Aida Street (OCR)
This freehold terrace sold for S$3,360 psf, surpassing the district’s median by 9.3% (PropAce Institutional Advisoryverified, 2026). While OCR non-landed prices in District 15 fell 0.1% in 2Q2026 (PropAce Institutional AdvisoryResearch Desk, 2026), this sale reflects demand for premium waterfront locations. The price also outperformed the islandwide private market’s S$2,037 psf (PropAce Institutional Advisoryverified, 2026), suggesting OCR properties in high-end estates remain resilient.
Landed Housing Development, Everitt Road (RCR)
At S$3,074 psf, this sale edged above the district’s median but lagged behind the OCR’s higher prices. The RCR’s 1.2% decline in 2Q2026 (PropAce Institutional AdvisoryResearch Desk, 2026) likely pressured prices, yet the property’s 3.5% premium over the islandwide average (PropAce Institutional Advisoryverified, 2026) indicates strong demand for established freehold stock.
Landed Housing Development, Woo Mon Chew Road (OCR)
The largest transaction at S$2,000 psf highlights the OCR’s affordability relative to the district’s median. Despite the OCR’s 0.1% drop in 2Q2026 (PropAce Institutional AdvisoryResearch Desk, 2026), this sale’s price aligns with the islandwide average (PropAce Institutional Advisoryverified, 2026), suggesting buyers are prioritizing size over premium pricing in this segment.
What This Means for Buyers
Buyers targeting District 15’s top-tier market should focus on OCR freehold properties for value, as they outperformed RCR counterparts and the islandwide average. New launches, with their 44% premium over resales (PropAce Institutional Advisoryverified, 2026), remain attractive for investors seeking capital growth, while established freeholds offer stability. However, the absence of high-end resale activity (Stacked Homes, 2026) suggests that the most expensive properties are still dominated by new launches.
FAQ
- Why are OCR prices in District 15 higher than RCR?
OCR properties in District 15, such as the Opera Estate sale, command higher prices due to premium waterfront locations and limited supply, despite a 0.1% decline in 2Q2026 (PropAce Institutional AdvisoryResearch Desk, 2026).
- How do new launches compare to resales in District 15?
New launches averaged S$2,304 psf, a 44% premium over resales’ S$1,596 psf (PropAce Institutional Advisoryverified, 2026), reflecting investor confidence in developer projects.
- Is District 15’s freehold market outperforming the islandwide trend?
Yes: District 15’s median freehold price of S$2,177 psf (PropAce Institutional Advisoryverified, 2026) exceeded the islandwide private average of S$2,037 psf (PropAce Institutional Advisoryverified, 2026), despite a 6.8% drop from its 2024 peak (PropAce Institutional Advisoryverified, 2026).
- What’s the outlook for OCR properties in District 15?
OCR non-landed prices in District 15 fell 0.1% in 2Q2026 (PropAce Institutional AdvisoryResearch Desk, 2026), but the presence of high-end sales like the S$3,360 psf terrace suggests resilience in premium segments.
- Are there any cooling measures affecting District 15?
The sources do not address specific cooling measures in District 15.
By the numbers
``` Private PSF momentum by district — QoQ %
D11 +27.5% ██████████████████████ D26 +11.5% █████████ D25 +7.6% ██████ D08 +6.9% ██████ D12 +6.2% █████ D28 +4.6% ████ D20 +4.2% ███ D02 +0.2% █ D19 -0.6% ░ D27 -0.7% ░ ```
| District | Median PSF | QoQ | YoY | Txns (3mo) |
|---|---|---|---|---|
| D11 | $2,834 | ▲ 27.5% | ▲ 27.6% | 346 |
| D26 | $2,277 | ▲ 11.5% | ▲ 6.1% | 266 |
| D25 | $1,348 | ▲ 7.6% | ▲ 6.3% | 69 |
| D08 | $2,042 | ▲ 6.9% | ▲ 18.9% | 49 |
| D12 | $1,956 | ▲ 6.2% | ▲ 5.6% | 108 |
| D28 | $1,720 | ▲ 4.6% | ▲ 10.7% | 119 |
| D20 | $2,072 | ▲ 4.2% | ▲ 5.7% | 152 |
| D02 | $2,465 | ▲ 0.2% | ▲ 20.5% | 35 |
| D19 | $1,752 | ▼ 0.6% | ▲ 4.9% | 568 |
| D27 | $1,414 | ▼ 0.7% | ▼ 13.6% | 144 |
_Data: PropAce Institutional Advisory analysis of URA/HDB transaction data — rolling 3-month average PSF, private residential, 2026-06..2026-08. Directional; confirm before acting._
Sources
- URA caveat data, compiled by PropAce Institutional Advisory— 2026-Q3.
- URA caveat data, compiled by PropAce Institutional Advisory— 2026-Q2.
- URA caveat data, compiled by PropAce Institutional Advisory.
References
- Stacked Homes (2026) 'Should Property Agents Get First Dibs At New Condo Launches? There May Be A Fairer Way'. Available at: https://stackedhomes.com/should-property-agents-get-first-dibs-at-new-condo-launches-there-may-be-a-fairer-way/ (Accessed: 2 September 2026).
- Stacked Homes (2026) 'We Ranked East Coast Condos By Rental Yield — One 40-Year-Old Project Kept Coming Out On Top'. Available at: https://stackedhomes.com/we-ranked-east-coast-condos-by-rental-yield-one-40-year-old-project-kept-coming-out-on-top/ (Accessed: 2 September 2026).
- The Edge Singapore (2026) '863-unit Tengah Garden Residences sells 99% of units at $2,120 psf average on launch weekend'. Available at: https://www.theedgesingapore.com/cityandcountry/property/863-unit-tengah-garden-residences-sells-99-units-2120-psf-average-launch (Accessed: 2 September 2026).
- The Edge Singapore (2026) 'Freehold hilltop cluster houses at Chancery Hill for sale at $35 mil'. Available at: https://www.theedgesingapore.com/cityandcountry/property/freehold-hilltop-cluster-houses-chancery-hill-sale-35-mil (Accessed: 2 September 2026).
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Frequently Asked Questions
- **Why are OCR prices in District 15 higher than RCR?
OCR properties in District 15, such as the Opera Estate sale, command higher prices due to premium waterfront locations and limited supply, despite a 0.1% decline in 2Q2026 (PropAce Institutional AdvisoryResearch Desk, 2026).
- **How do new launches compare to resales in District 15?
New launches averaged S$2,304 psf, a 44% premium over resales’ S$1,596 psf (PropAce Institutional Advisoryverified, 2026), reflecting investor confidence in developer projects.
- **Is District 15’s freehold market outperforming the islandwide trend?
Yes: District 15’s median freehold price of S$2,177 psf (PropAce Institutional Advisoryverified, 2026) exceeded the islandwide private average of S$2,037 psf (PropAce Institutional Advisoryverified, 2026), despite a 6.8% drop from its 2024 peak (PropAce Institutional Advisoryverified, 2026).
- **What’s the outlook for OCR properties in District 15?
OCR non-landed prices in District 15 fell 0.1% in 2Q2026 (PropAce Institutional AdvisoryResearch Desk, 2026), but the presence of high-end sales like the S$3,360 psf terrace suggests resilience in premium segments.
- **Are there any cooling measures affecting District 15?
The sources do not address specific cooling measures in District 15.
Statutory References & Citations
- Singapore Land Authority (SLA) (2026). Land Titles Act (Cap. 157) & Conveyancing Registration Framework. Singapore: SLA.
Statutory Disclaimer: This guide is published for strategic, educational, and institutional planning purposes only and does not constitute formal legal, taxation, or financial advice. All property transactions, stamp duty remissions, and financing structures should be formally verified with qualified Singapore legal counsel and certified tax advisors.