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- 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)
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.
| Property | Price | PSF | Type | Sale Type |
|---|---|---|---|---|
| SKYWATERS RESIDENCES | $14,480,000 | $5,001 psf | 5 BR | New Sale |
| MARINA BAY RESIDENCES | $12,000,000 | $2,680 psf | 5 BR | Resale |
| MARINA BAY RESIDENCES | $5,900,000 | $2,480 psf | 5 BR | Resale |
| MARINA BAY SUITES | $4,080,000 | $1,985 psf | 5 BR | Resale |
| ONE MARINA GARDENS | $3,717,800 | $3,003 psf | 3 BR | New Sale |
Most Active Condos
Condos with the highest transaction volume in District 1.
| Property | Transactions | Avg PSF |
|---|---|---|
| UNION SQUARE RESIDENCES | 19 | $2,839 psf |
| ONE MARINA GARDENS | 18 | $2,981 psf |
| MARINA ONE RESIDENCES | 5 | $1,889 psf |
| MARINA BAY RESIDENCES | 2 | $2,580 psf |
| SKYWATERS RESIDENCES | 1 | $5,001 psf |
Recent PSF Trend (6 Months)
| Period | Volume | Avg PSF |
|---|---|---|
| 2025-12 | 23 | $2,269 psf |
| 2026-01 | 21 | $2,565 psf |
| 2026-02 | 26 | $2,628 psf |
| 2026-03 | 29 | $2,624 psf |
| 2026-04 | 53 | $2,650 psf |
| 2026-05 | 48 | $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.
| Unit Type | Transactions | Avg PSF |
|---|---|---|
| 3 BR | 20 | $2,751 psf |
| 1 BR | 14 | $2,872 psf |
| 2 BR | 9 | $2,667 psf |
| 5 BR | 4 | $3,036 psf |
| 4 BR | 1 | $2,009 psf |
FAQ
How many transactions were recorded in District 1 in May 2026?
What was the average PSF in District 1 in May 2026?
Which condo had the most transactions in District 1?
Methodology & Sources
Figures below are drawn from May 2026 and revised every month.
Transaction data sourced from URA REALIS.
- Transaction data from URA REALIS.
We report medians (not means) so a single outlier transaction cannot skew district-level figures. PSF = price per square foot.
Latest recorded data point: May 2026 · 48 records analysed · Source: URA private-sale caveats