What's moving the market: Singapore's biggest property deals and hottest searches (Aug 21)
The transaction surge signals strong buyer demand for newly eligible resale flats and could support pricing and seller activity at Tampines Greenverge and comparable projects.
Newly MOP-ed Tampines Greenverge recorded 90 HDB resale deals in 2026 as of Aug 19, including nine at Block 621A over the past fortnight.
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Here is this week’s data-led look at Singapore’s property market, covering record transactions, rental benchmarks and the most searched homes on EdgeProp.
Non-landed private homes — new launches, resales and rents
A three-bedroom apartment at Nouvel 18, a 156-unit freehold condo along Anderson Road in District 10, was the priciest condo unit transacted in the last fortnight, fetching $6.6 million in an Aug 7 resale deal.
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Caveat data showed that the seller made a profit of $440,000 from the sale, having purchased the unit for around $6.16 million back in 2019.
Meanwhile, two units at Rivergate made the list of most expensive condo units transacted.
The bigger, higher-floor unit went for $6.36 million or $3,283 psf — scoring a fresh psf-price high at the development.
The other fetched $4.67 million or $3,099 psf. It netted a gain of nearly $2.89 million for the owner, which set the benchmark for profitable resale condo deals in the past week.
Rivergate has 545 units in total and was completed in 2009. The waterfront freehold apartment’s average sale price stood at $3,032 psf, based on URA sales data in the last 12 months as compiled by EdgeProp Research.
In terms of total deals, the most transacted new-launch condo in the last 14 days was Lentor Gardens Residences with eight sales, while Dunearn House followed with five.
Across Singapore, the most popular rented condo for leases starting in July 2026 was Normanton Park, with 132 rental deals recorded. The 99-year leasehold condo in District 5 was completed in 2023 and has 1,840 condos and 22 landed units.
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The average rental yield at Normanton Park is 3.7%, based on URA rental data in the last 12 months compiled by EdgeProp Research.
Also in District 5, Parc Riviera along West Coast Vale logged 115 rental deals. The 99-year leasehold development has 752 units, with an average rental yield of around 4.0%.
The list of condo units with the highest rents in Singapore was dominated by several units from the same developments: Marina Bay Residences and Nassim Park Residences each had three units on the list, while two are from Ardmore Residence.
The highest monthly rent was $65,000, from a five-room apartment at Marina Bay Residences. The unit measured about 11,000 sq ft in floor area.
Nassim Park Residences ranked second, with a unit going for $47,500 per month.
Landed homes — highest transacted prices and rents
As for landed properties, a house on Bournemouth Road in District 15 took pole position among the highest-priced transactions. It was scooped up at a price tag of $16.2 million, which works out to $2,507 psf on its freehold land area of 6,462 sq ft.
In second place over the past fortnight to Aug 19 was a Berrima Road landed house that changed hands for $14.88 million. That is about $2,805 psf on its freehold land area of 5,304 sq ft.
Read also: What's moving the market: Singapore's biggest property deals and hottest searches (Aug 14)
The seller raked in a profit of $9.28 million, which translates to an annualised gain of 5.1% over a holding period of close to two decades.
In the vicinity, a detached house on Merryn Road was sold for $12.68 million on Aug 6. Going by caveat data, the seller made a $1.3 million profit, or about 2.7% when annualised over a holding period of roughly four years.
In the leasing market, the 10 highest rents for landed homes in Singapore, with leases starting this July, ranged from $38,000 to $89,000 a month.
A detached house along Coronation Road West, sized between 14,500 and 15,000 sq ft, is bringing in $89,000 in monthly rent.
Over in the Sentosa Cove waterfront enclave, a detached house along Ocean Drive is commanding $60,000 per month. It measures between 7,500 and 8,000 sq ft.
HDB flats — top prices and rents, most transacted blocks
The list of highest-priced HDB resale flats transacted in the last 14 days included a unit at Block 28 Ghim Moh Link. The five-room flat, on the 34th to 36th storeys, was sold for $1.5 million on Aug 15. It has a floor area of 1,216 sq ft.
The block is part of the Ghim Moh Valley project, completed in 2011, in Queenstown estate. It is about a 15-minute walk to Buona Vista MRT Station and Star Vista mall.
Following closely by price quantum was a five-room flat in Toa Payoh that changed hands for $1.49 million on Aug 14.
Situated at Block 139B Lorong 1A Toa Payoh, the unit sits on the 22nd to 24th storeys and spans 1,227 sq ft in floor area. It comes under The Peak @ Toa Payoh — a Design, Build and Sell Scheme (DBSS) development completed in 2012.
When it comes to the 10 HDB flats with the highest rents in the last 14 days, those along Cantonment Road, specifically at The Pinnacle @ Duxton, and two on Clementi Avenue dominated the list.
In terms of transaction volumes, Block 621A Tampines Street 61 came out tops with nine deals over the past fortnight. The block is part of Tampines Greenverge, which was completed around 2021 and 2022.
The newly MOP-ed development has seen a flurry of transactions — there have been 90 deals this year as of Aug 19, with the first transaction recorded on March 31.
Another popular HDB block was 293D Bukit Batok Street 21 with four transactions in the past fortnight, at SkyPeak @ Bukit Batok. Completed in 2017, the project has likewise logged a high volume of transactions, with 49 resales in the year to date as of Aug 18.