Singapore’s financial core, sold almost entirely as investment and pied-à-terre stock. Very few genuine family buyers, and a transaction count to match.
What the numbers say
Condominium transactions, 12 months to July 2026 (URA caveats). Rental medians, Q2 2026 (URA contracts). HDB figures are 4-room resale registrations for CENTRAL AREA, 12 months to July 2026 (data.gov.sg) — HDB publishes by town, not by postal district.
| Measure | Figure | Sample |
|---|---|---|
| Median private condominium | $2,198 psf · $2,990,167 median price | 30 transactions |
| Median rent (all sizes) | $5,400 / month | 633 contracts |
| HDB 4-room, CENTRAL AREA | $1,194,444 | 76 transactions |
Read this median with care. 30 transactions is a thin sample. It indicates a level; it cannot price a specific unit. Comp at project level before making any decision.
What moves price here
- Volume is thin — 30 condo transactions in twelve months. Any single deal moves the median, so treat district-level numbers here as indicative only and comp at project level.
- Demand is rental-led, tied to financial-sector hiring rather than to family formation.
- Almost no HDB stock; the Central Area flats that exist are a separate, tightly-held market.
Who it suits
Investors and buyers who want a city-centre base and are relaxed about space, schools and resale depth.
What to check before you commit
- Maintenance fees on facility-heavy towers
- Rental demand at your specific size — studio and one-bed compete hardest
- Project-level comps, not district medians
Figures pulled 2026-07-23 from URA caveat data and HDB resale registrations — completed transactions, not portal asking prices. Caveats lag the live market by a few weeks. Want the numbers for a specific project or block in District 1? Ask me and I’ll pull them.