Published 9 September 2026
A 3 bedroom condo in Singapore sells for S$1,701 per square foot resale, the cheapest square foot of any size
By Realila
A resale three-bedroom costs S$1,701 per square foot. That is less than a resale one-bedroom at S$1,784, less than a two-bedroom at S$1,776, and less than a four-bedroom at S$1,791. Of the four sizes, the three-bedroom is the cheapest square foot on the resale market, and it has been in every year since 2017. The rest of the three-bedroom picture is on the three-bedroom condo guide: what it costs, what it rents for, what it yields and how big it is.
A new-launch three-bedroom costs S$2,482 per square foot, 45.9% more than a resale one, and on that side of the market it is not the cheapest. The four-bedroom is, by S$4.
So a buyer choosing three bedrooms is buying at the low point of the resale ladder and near the low point of the new-launch one.
Key takeaways
- A resale three-bedroom costs S$1,701 per square foot, the lowest of the four sizes, and it has held that position for nine straight years. The cheapest square foot
- A new-launch three-bedroom costs S$2,482, 45.9% more than resale, and S$4 more than a new four-bedroom. What a new one costs
- The gap to the four-bedroom has closed on both sides. On resale a three-bedroom cost 12.2% less per square foot than a four-bedroom in 2017 and 5.0% less in 2025; on new launch a three-bedroom cost 10.2% more than a four in 2017 and 0.2% more in 2025. The gap to the four-bedroom
- Outside central the resale three-bedroom is S$1,489 and the new launch S$2,242, the widest split of any region. By region
What a three-bedroom costs per square foot
Median price per square foot in 2025, private condominiums and apartments.
| Bedrooms | Resale | New launch | New costs more by |
|---|---|---|---|
| One | S$1,784 | S$2,883 | +61.6% |
| Two | S$1,776 | S$2,634 | +48.3% |
| Three | S$1,701 | S$2,482 | +45.9% |
| Four | S$1,791 | S$2,478 | +38.4% |
Read the resale column and the three-bedroom is the low point. Read the new-launch column and it is second from bottom. The one column where the three-bedroom is not near the bottom is the last one, the premium a buyer pays for a new three-bedroom over a resale one, 45.9%, which sits in the middle of the four.
The cheapest square foot in the resale market
- One bedroom
- Two bedrooms
- Three bedrooms
- Four bedrooms
| Median resale psf | 2017 | 2021 | 2025 |
|---|---|---|---|
| One bedroom | S$1,540 | S$1,476 | S$1,784 |
| Two bedrooms | S$1,206 | S$1,312 | S$1,776 |
| Three bedrooms | S$1,073 | S$1,240 | S$1,701 |
| Four bedrooms | S$1,222 | S$1,357 | S$1,791 |
The three-bedroom line is the bottom line in all nine years. It was S$1,073 in 2017 when the cheapest alternative was S$1,206, and S$1,701 in 2025 when the cheapest alternative is S$1,776. Nine years, nine times cheapest, no exceptions.
What has changed is the size of its advantage, and it has shrunk from both directions. In 2017 a three-bedroom was S$467 below the most expensive size; in 2025 it is S$90. The whole resale market has converged, which is the finding the two-bedroom note measured, and the three-bedroom's discount converged with it.
What a new one costs
- One bedroom
- Two bedrooms
- Three bedrooms
- Four bedrooms
| Median new-launch psf | 2017 | 2021 | 2025 |
|---|---|---|---|
| One bedroom | S$1,625 | S$2,201 | S$2,883 |
| Two bedrooms | S$1,474 | S$1,866 | S$2,634 |
| Three bedrooms | S$1,390 | S$1,775 | S$2,482 |
| Four bedrooms | S$1,262 | S$1,722 | S$2,478 |
On new launches the ladder still works. The one-bedroom costs the most per square foot, the four-bedroom the least, and the three-bedroom sits between the two-bedroom and the four. In 2017 a new three-bedroom cost 5.7% less per square foot than a new two-bedroom; in 2025, 5.8% less. Its place on the ladder has barely moved in nine years, which is what a market priced deliberately by a developer looks like.
The number that has moved is the one below it.
The gap to the four-bedroom
The three-bedroom's relationship with the size above it has changed on both markets, in the same direction.
| Three-bedroom against four-bedroom | 2017 | 2021 | 2025 |
|---|---|---|---|
| New launch | +10.2% | +3.1% | +0.2% |
| Resale | −12.2% | −8.6% | −5.0% |
On new launches, a three-bedroom used to cost 10.2% more per square foot than a four-bedroom, and now costs 0.2% more, which is S$4. The fourth bedroom is close to free by the foot; what it costs is area, since the median new four-bedroom is 1,313 sqft against 1,001 for a three-bedroom.
On resale it runs the other way and always has. A four-bedroom costs more per square foot than a three-bedroom in every one of the nine years, and the three-bedroom's discount has narrowed from 12.2% in 2017 to 5.0% in 2025. The resale four-bedroom is a different animal. At a median 1,668 sqft it is the old large stock, concentrated in prime and city-fringe projects where the square foot costs more for reasons that have nothing to do with the number of bedrooms.
By region
Median price per square foot in 2025.
| Region | Resale | New launch | New costs more by |
|---|---|---|---|
| Core Central | S$2,243 | S$3,031 | +35.1% |
| Rest of Central | S$1,852 | S$2,715 | +46.6% |
| Outside Central | S$1,489 | S$2,242 | +50.6% |
The premium for buying new is widest outside central and narrowest in prime, the reverse of what the total prices suggest. A prime three-bedroom is the most expensive square foot on both markets and has the smallest gap between them.
Why resale and new launch are never mixed here
Every figure above is computed within one market. That is not a stylistic choice.
A new-launch three-bedroom costs 45.9% more per square foot than a resale one. So the mix between the two markets moves a combined figure on its own. A year in which more three-bedrooms happen to be sold at launch will show a higher pooled price per square foot even if neither market moved at all. In 2025 there were 3,385 new-launch three-bedroom sales and 4,737 resales; in 2024 it was 2,339 and 4,653. Pooling those two years would report a rise that is partly just a change in what was being sold.
Split the markets and each answers its own question, what a new three-bedroom costs and what an existing one costs.
What this does not tell you
- Why the three-bedroom is the cheapest square foot. The measurement is clean and the cause is not visible in transaction data. Where three-bedrooms were built, who buys them and how they are financed would all leave the same footprint.
- Whether the discount survives. Nine years is a strong pattern, not a forecast, and the discount has been narrowing throughout.
- What any particular unit is worth. These are middle values across hundreds of projects. Floor, facing, condition and project move a square foot more than the bedroom count does.
- Total price. A cheaper square foot in a larger home is still a larger total price, and what a three-bedroom costs in total is the previous note in this series.
Method and data notes. Sale data to 1 September 2026.
Transacted prices from URA caveat data for private condominiums and apartments, collective sales excluded. Price per square foot is the caveat's own price divided by its recorded floor area, and the figures are medians of that, not a median price divided by a median size. Bedroom count is resolved from the unit record, and only transactions where it resolves are counted. Resale and new sale are computed separately throughout, for the reason set out above; sub-sales are excluded from both. Five bedrooms and above are excluded as a different market. Floor areas below 200 sqft or above 6,000 sqft are treated as corrupt and excluded. Medians are used rather than averages, and a median that falls between two caveats is printed rounded to the nearest whole dollar. Every cell above rests on at least 450 transactions. Regional figures use the URA market segment. Sale data to 1 September 2026.
More from Realila
- Buying a 2 bedroom at launch beat buying the same condo later in 128 of 228 developments, and lost in most of the OCR
For two-bedroom condominiums, the buyer who bought in the launch year beat the buyer who waited one to four years for the same building in 128 of 228 developments on gain, and in 126 of 218 on return on the money put in. The advantage is a central-region one. In the CCR and RCR the launch buyer was ahead on both measures and by 6 to 23 percentage points a year on return; in the OCR the later buyer won more developments than the launch buyer, 49 of 90.
- A resale 2 bedroom condo returned more on the money put in than a new launch in every year from 2017 to 2021
For two-bedroom condominiums bought between 2017 and 2021 and resold from 2022, a resale unit returned more on the capital committed than a new launch bought in the same year, in every one of the five years and at every interest rate tested. At 2.5%, resale returned 11% to 15% a year and new launch 5% to 9%. In the CCR, new launches returned nothing or less on the money put in. Rent from the first month, paid at once against paid progressively, is most of the difference.
- 2 bedroom condo owners in Singapore made 21.7% on resale, 3 bedroom owners 33.7%
Of the condominiums bought and resold since 2020, two-bedroom owners made a median 21.7%, $230,000 over 8.3 years, and three-bedroom owners 33.7%, $450,000 over 9.6 years. The three-bedroom lost money less often in every region and every purchase window. The two-bedroom's one advantage is rent, a gross rental yield of 3.29% against 2.89%, and it is smaller than the price gap. Gross and before costs, price and rent together, the three-bedroom came out ahead.
Every number in this post comes from Realila Research, dated to when it was true. For now we publish research notes from the platform to answer the community's questions; the platform itself opens to the public later.
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