Property market in Pasir Panjang
An analysis of 8,559 private property transactions in Pasir Panjang, covering condos, apartments and landed property. Prices, tenure splits, floor-level premiums, rental rates and top developments. All data from URA.
What are property prices in Pasir Panjang (D05)?
The median private residential property price in Pasir Panjang is S$1.7M, based on 8,559 URA-recorded transactions. Freehold trades at S$2.2M while 99-year leasehold costs S$1.7M, a 27% tenure premium. Average monthly rent is S$6.65 psf psf. Pasir Panjang sits 1% in line with the Singapore-wide median of S$1.7M. The most actively traded development is NORMANTON PARK, with 1348 transactions.
D05 spans 7 property categories. Apartments lead with 6,043 transactions at a median of S$1.8M. Landed is active too: terrace at S$4.2M, semi-detached at S$5.8M, detached at S$8.7M.
Freehold vs leasehold
Tenure is a defining factor in Pasir Panjang's pricing. Freehold trades at a 27% premium, roughly S$459K more in absolute terms. Freehold transactions number 1,135 to leasehold's 7,108.
Floor-level pricing
For condos and apartments, floor level creates a measurable price gradient. Units on B1-B5 sell for a median of S$8.1M, while 31-35 sell for S$1.7M, a 378% premium worth roughly S$6.4M per unit.
Rental market
Rents average S$6.65 psf psf per month. Across the most-rented developments the range runs from S$6.41 psf to S$7.56 psf psf.
Most traded developments
High transaction volume signals an active secondary market with good liquidity. Buyers who may sell within a few years should weight proven resale activity.
What this means for buyers
At S$1.7M, Pasir Panjang sits around the Singapore private-market median. You get value and access relative to prime districts.
High floors cost 378% more than low floors. Budget-conscious buyers can save around S$6.4M by choosing a lower floor in the same development.
Frequently asked questions
What is the average condo price in Pasir Panjang (D05)?
The median condominium and apartment price is S$1.7M, based on 8,559 URA-recorded transactions. Prices range widely depending on unit size, tenure and development.
How many property transactions were recorded in Pasir Panjang?
URA records show 8,559 private residential transactions in D05, covering apartments, condominiums and landed properties.
What are the most popular developments in Pasir Panjang?
By URA transaction volume: NORMANTON PARK (1348 transactions, median S$1,622,000), PARC CLEMATIS (734 transactions, median S$1,904,000), ELTA (408 transactions, median S$2,244,000).
What types of property are available in Pasir Panjang?
7 categories with recorded transactions: apartment, condominium, terrace, strata terrace, semi-detached, detached, strata semi-detached. Apartments are the largest segment at 6,043 transactions.
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