This is the first of a series of posts where we go through all 28 property districts in Singapore and show you the latest statistics for each district.
We’ll go through the average prices in each district, the historical transaction prices and volumes, capital gains and rental yields of various projects and other property market information so that you get a deeper appreciation of the district.
For those who are unaware, URA lists out all 28 postal districts together with their postal sector (which is the 1st 2 digits of the 6-digit postal codes), and general location.
District 1 consists of the locations of Raffles Places, Cecil, Marina and People’s Park.
Average per square feet prices for properties in district 1 based on their age and tenure (freehold or 99 year) is listed below.
Most expensive properties are those that are freehold and less than 5 years old which are priced at S$2,454 psf.