District 1 (Raffles Place, Marina, Cecil, People's Park) — May 2026 Digest

District Digest 4 min read Last reviewed
For: First-time buyersHDB upgradersInvestors
Source: URA REALIS
TL;DR
District 1 (Raffles Place, Marina, Cecil, People's Park) monthly digest for May 2026. 48 sales at avg PSF $2,779 psf.

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Key Takeaways
  • Sales volume: 48 transactions
  • Average PSF: $2,779 psf (↑ 4.8% MoM)
  • Rental volume: 206 leases, avg $5,965/mo
  • CCR · D1 (Raffles Place, Marina, Cecil, People's Park)
Avg PSF
$2,779 psf +4.8% MoM
Sales
48
Avg Price
$2,912,958
New Leases
206

Monthly Overview

District 1 (Raffles Place, Marina, Cecil, People's Park) recorded 48 sales transactions in May 2026 at an average PSF of $2,779 psf. The rental market saw 206 new leases.

property edged up 4.8% to $1,048 psf — modest but positive momentum. Transaction volume of 48 in this period is 44% above the trailing average — a surge in activity.

Notable Transactions

The highest-value transactions in District 1 during May 2026.

Notable transactions D1 — May 2026
PropertyPricePSFTypeSale Type
SKYWATERS RESIDENCES$14,480,000$5,001 psf5 BRNew Sale
MARINA BAY RESIDENCES$12,000,000$2,680 psf5 BRResale
MARINA BAY RESIDENCES$5,900,000$2,480 psf5 BRResale
MARINA BAY SUITES$4,080,000$1,985 psf5 BRResale
ONE MARINA GARDENS$3,717,800$3,003 psf3 BRNew Sale

Most Active Condos

Condos with the highest transaction volume in District 1.

Most active condos D1
PropertyTransactionsAvg PSF
UNION SQUARE RESIDENCES19$2,839 psf
ONE MARINA GARDENS18$2,981 psf
MARINA ONE RESIDENCES5$1,889 psf
MARINA BAY RESIDENCES2$2,580 psf
SKYWATERS RESIDENCES1$5,001 psf
🧮Check what you can afford in D1 — try the Affordability Calculator

Recent PSF Trend (6 Months)

6-month PSF trend D1
PeriodVolumeAvg PSF
2025-1223$2,269 psf
2026-0121$2,565 psf
2026-0226$2,628 psf
2026-0329$2,624 psf
2026-0453$2,650 psf
2026-0548$2,779 psf

District 1 prices sit at a fresh series high after a 4.8% gain on the prior period, now 22.5% above the 2025-12 starting level.

Bedroom Distribution

3 BR units dominated with 41.7% of transactions in District 1 during May 2026.

Bedroom distribution D1 — May 2026
Unit TypeTransactionsAvg PSF
3 BR20$2,751 psf
1 BR14$2,872 psf
2 BR9$2,667 psf
5 BR4$3,036 psf
4 BR1$2,009 psf
ℹ Market Context
District 1 averaged $2,779 psf in May 2026, which is 38% above the city-wide average of $2,014 psf.

FAQ

How many transactions were recorded in District 1 in May 2026?
District 1 (Raffles Place, Marina, Cecil, People's Park) recorded 48 sales transactions in May 2026.
What was the average PSF in District 1 in May 2026?
The average price per square foot was $2,779 psf in District 1 during May 2026.
Which condo had the most transactions in District 1?
The most active condo was UNION SQUARE RESIDENCES with 19 transactions.

Methodology & Sources

Figures below are drawn from May 2026 and revised every month.

Transaction data sourced from URA REALIS.

We report medians (not means) so a single outlier transaction cannot skew district-level figures. PSF = price per square foot.

Data as of May 2026

Latest recorded data point: May 2026 · 48 records analysed · Source: URA private-sale caveats