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District 02

Tanjong Pagar, Chinatown

Properties and insights for Singapore's District 02 — Tanjong Pagar, Chinatown.

Avg PSF

$2,554

Min Price

$832K

Max Price

$12.00M

Transactions (24m)

554

Market & Investment Analysis

District 2 (Tanjong Pagar, Chinatown) shows a median price of $1,732,000 and a median PSF of $2,986, with 275 transactions indicating steady demand in the Core Central Region[1]. The area offers 99-year leasehold and freehold projects that remain in demand among buyers, even for compact one- and two-bedroom units[2]. While the CCR premium over suburbs has compressed, the district's location within the financial core supports consistent tenant demand from working professionals, making it a stable investment option[4].

Compare with Nearby Districts

DistrictAvg PSFTransactions (24m)vs Current
D02 Tanjong Pagar, Chinatown(current)$2,554554—
D03 Queenstown, Tiong Bahru$2,6352,525+3%
D01 Raffles Place, Marina$2,7061,051+6%
D04 Telok Blangah, Harbourfront$1,854530-27%
D06 City Hall, Clarke Quay$3,02649+18%

PSF comparison based on private non-landed transactions in the last 24 months. Green = lower PSF than current district.

Top Condos & Private Projects

Blair Plain Conservation Area

Blair Road

International Plaza

Anson Road

Icon

Gopeng Street

Landed Housing Development

Neil Road

One Bernam

Bernam Street

Onze @ Tanjong Pagar

Kee Seng Street

Lumiere

Mistri Road

Sky Everton

Everton Road

Skysuites@anson

Enggor Street

Spottiswoode 18

Spottiswoode Park Road

Spottiswoode Park

Spottiswoode Park Road

Spottiswoode Residences

Spottiswoode Park Road

Spottiswoode Suites

Spottiswoode Park Road

The Arris

Yan Kit Road

The Beacon

Cantonment Road

Tmw Maxwell

Tras Street

Wallich Residence

Wallich Street

Blair Plain Conservation Area

Everton Road/spottiswoode Park Road

Everton Court

Everton Road

Landed Housing Development

Blair Road

Recent Transactions

ProjectPricePSFArea (sqft)Date
Newport Residences$1.50M$3,1574742026-03-15
Spottiswoode 18$945K$2,4393882026-03-13
Newport Residences$1.41M$3,1124522026-03-13
Newport Residences$2.73M$3,3358182026-03-13
Newport Residences$2.09M$2,7767532026-03-12

Lifestyle & Neighbourhood

The neighbourhood is characterised by key amenities including Tanjong Pagar, Outram Park, Maxwell, Chinatown, and Clarke Quay, placing it near major MRT stations and business hubs[1]. Residents benefit from proximity to the Central Business District and easy access to Orchard Road, with compact units near MRT stations typically renting most efficiently[4].

Frequently Asked Questions

What is the median price and PSF in District 2?
The median price in District 2 (Tanjong Pagar, Chinatown) is $1,732,000, with a median PSF of $2,986[1]. The average asking price is $1,907,730 at $2,184 PSF, reflecting variation between median and market listings[1].
How many transactions have occurred in District 2?
There have been 275 transactions recorded in District 2, indicating active market participation[1]. This volume supports steady demand for properties in the Core Central Region[2].
What are the top projects in District 2 and their PSF?
Top projects include ONE BERNAM at $2,544.581 PSF (349 txns), ICON at $1,772.795 PSF (163 txns), and SKY EVERTON at $2,753.206 PSF (124 txns)[2]. Other notable developments are SKYSUITES@ANSON at $2,259.806 PSF (97 txns) and WALLICH RESIDENCE at $3,251.61 PSF (83 txns)[2].
Is District 2 a good location for rental investment?
Yes, District 2 is located within the financial core of Singapore, surrounded by multinational corporations and professional services firms, which historically supports demand for compact one and two-bedroom units[4]. Cushman & Wakefield expects private residential rents to grow 2.0% to 4.0% year-on-year in 2026, with well-located CBD units near MRT stations positioned to hold rent better[4].

District analysis generated with AI assistance using real transaction data. Verify all figures independently before making decisions.