The CBD’s residential edge — more characterful than Raffles Place and, on these figures, transacting at a similar psf but a much lower absolute price, because the units are smaller.
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 | $2,253 psf · $1,577,500 median price | 14 transactions |
| Median rent (all sizes) | $4,600 / month | 565 contracts |
| HDB 4-room, CENTRAL AREA | $1,194,444 | 76 transactions |
Read this median with care. 14 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
- Only 14 condo transactions in twelve months. This is the thinnest district in the dataset; a district median built on 14 deals should not be used to price anything.
- Unit sizes run small, which is why the median price sits well below D1’s despite a comparable psf.
- The Pinnacle @ Duxton and Everton Park flats dominate the public-housing conversation here and trade on their own logic entirely.
Who it suits
CBD workers who want to walk to the office, and buyers who value shophouse character over facilities.
What to check before you commit
- Whether the psf you’re quoted reflects a genuinely comparable unit
- Noise and F&B activity below the block
- Lease remaining on the older stock
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 2? Ask me and I’ll pull them.
