District 11 (Watten Estate, Novena, Thomson) — May 2026 Digest

District Digest 3 min read Last reviewed
For: First-time buyersHDB upgradersInvestors
Source: URA REALIS
TL;DR
District 11 (Watten Estate, Novena, Thomson) monthly digest for May 2026. 44 sales at avg PSF $2,078 psf.

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Key Takeaways
  • Sales volume: 44 transactions
  • Average PSF: $2,078 psf (↓ 3.3% MoM)
  • Rental volume: 299 leases, avg $5,904/mo
  • CCR · D11 (Watten Estate, Novena, Thomson)
Avg PSF
$2,078 psf -3.3% MoM
Sales
44
Avg Price
$3,795,982
New Leases
299

Monthly Overview

District 11 (Watten Estate, Novena, Thomson) recorded 44 sales transactions in May 2026 at an average PSF of $2,078 psf. The rental market saw 299 new leases.

property softened 3.3% to $967 psf — a mild correction. 44 transactions in this period represent a healthy 18% above the trailing average.

Notable Transactions

The highest-value transactions in District 11 during May 2026.

Notable transactions D11 — May 2026
PropertyPricePSFTypeSale Type
RAFFLES PARK$23,000,000$2,110 psf5 BRResale
DUNEARN ESTATE$16,000,000$3,342 psf5 BRResale
32 GILSTEAD$14,488,320$3,434 psf5 BRNew Sale
SOLEIL @ SINARAN$8,000,000$1,697 psf5 BRResale
THE GREENWOOD$6,500,000$3,755 psf4 BRResale

Most Active Condos

Condos with the highest transaction volume in District 11.

Most active condos D11
PropertyTransactionsAvg PSF
10 EVELYN3$2,487 psf
HILLCREST ARCADIA2$1,358 psf
THE AXIS2$1,798 psf
TREVOSE PARK2$2,036 psf
ROCHELLE AT NEWTON2$2,000 psf
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Recent PSF Trend (6 Months)

6-month PSF trend D11
PeriodVolumeAvg PSF
2025-1232$2,021 psf
2026-0131$2,181 psf
2026-0237$2,160 psf
2026-0336$2,261 psf
2026-0444$2,148 psf
2026-0544$2,078 psf

From the 2026-03 high, District 11 prices have given back 8.1% — still 2.8% above the 2025-12 baseline.

Bedroom Distribution

5 BR units dominated with 36.4% of transactions in District 11 during May 2026.

Bedroom distribution D11 — May 2026
Unit TypeTransactionsAvg PSF
5 BR16$2,288 psf
3 BR11$2,187 psf
2 BR10$1,968 psf
4 BR8$2,018 psf
1 BR3$2,150 psf
Studio2$2,474 psf
ℹ Market Context
District 11 averaged $2,078 psf in May 2026, which is 3.2% above the city-wide average of $2,014 psf.

FAQ

How many transactions were recorded in District 11 in May 2026?
District 11 (Watten Estate, Novena, Thomson) recorded 44 sales transactions in May 2026.
What was the average PSF in District 11 in May 2026?
The average price per square foot was $2,078 psf in District 11 during May 2026.
Which condo had the most transactions in District 11?
The most active condo was 10 EVELYN with 3 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 · 44 records analysed · Source: URA private-sale caveats