District 02 · Downtown Core · CCR
One Bernam
Bernam Street · Apartment · 99 yrs lease commencing from 2019
Current PSF
$2,638
+17.6% vs district median
Gross yield
3.5%
median rent $5,300/mo
3-year gain
-0.5%
Transactions · 5y
279
3 in last 12 months
Nearest MRT
Maxwell Mrt Station · 747.69m
TEL
Future MRT
West Coast Mrt Station
CRL · 2032
Vs local HDB
-
Area income
$18,750/mo median
mixed zone
En-bloc potential22 / 100
7 years old · composite of plot use, age, tenure, value gap & size
Lease decay92 years left
worth 95.0%of freehold today (Bala’s Table) · loses ~3.2pts of freehold value over the next decade
Tenanted
100%
units with active leases
Rent momentum
-
latest 2 qtrs vs year ago
Sub-sales
4.8%
flip ratio, last 24 months
Price spread
7%
PSF dispersion within project
The neighbourhood
P1 ring
Cantonment Primary School 453m · Phase 2C 0.3× - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Outram Secondary School · 1.6km
Food
Tanjong Pagar Plaza Blk 6 (Blk 6 Tanjong Pagar Plaza Market And Food Centre) · 310m - 4 hawker centres within 1km
Green
Tras Link Pk · 284m - 6 parks within 1km
Mall
Marina Bay Link Mall · 1.3km
Health
Singhealth Polyclinics (Outram Polyclinic) (polyclinic) · 850m
Who lives in Downtown Core
Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg
Residents
3,190
Median age
42 yrs
45% under 40 · getting younger
Children 0–9
220
▲ 0% since 2015 · future P1 demand
Household size
2.2 avg
Homes
19% HDB
72% condo · 0% landed
Degree holders
67%
residents 15+
Commute
38% transit
13% drive
45 min+ to work
7%
The launch, by the record
developer sales + new-sale caveats · URA - the numbers a brochure won’t print
Sold to date
351 / 351
100% taken up · 25 '08
Median price
$0k
$0k–$0k band
Unit sizes sold
732 sqft
441–4306 sqft range
Still available
0
units unsold
Take-up over time · cumulative units sold
What actually sold · by strata size (sqft)
441–1086
304
1086–1731
29
1731–2376
2
2376–3021
0
3021–3666
0
3666–4306
1
What the record shows
The early buyer’s position
Buyers who bought from the developer in 2021 paid an average of $2,520 psf (86 sales). At today’s $2,638 psf, they are up 5% on paper.
Price trend average PSF by year
2021
$2,520
2022
$2,518
-0.1%
2023
$2,650
+5.2%
2024
$2,749
+3.7%
2025
$2,565
-6.7%
2026
$2,638
+2.8%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 1BR | $4,300/mo | $9.56 | 4.3% | 28 |
| 2BR | $5,500/mo | $6.47 | 2.9% | 89 |
| 3BR | $9,000/mo | $6.21 | 2.8% | 7 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Apr 2026 | $1,200,000 | 463 | $2,593 | 21-25 |
| Mar 2026 | $2,390,000 | 872 | $2,741 | 16-20 |
| Mar 2026 | $1,888,888 | 732 | $2,581 | 11-15 |
| Feb 2025 | $12,000,000 | 4,306 | $2,787 | 31-35 |
| Feb 2025 | $5,300,000 | 1,948 | $2,720 | 31-35 |
| Feb 2025 | $4,500,000 | 1,744 | $2,581 | 31-35 |
| Feb 2025 | $2,163,000 | 872 | $2,481 | 21-25 |
| Jan 2025 | $3,526,000 | 1,421 | $2,482 | 31-35 |
| Jan 2025 | $3,521,000 | 1,421 | $2,478 | 31-35 |
| Jan 2025 | $3,516,000 | 1,421 | $2,475 | 26-30 |
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More in District 02
The HDB blocks next door
The entry point, measured: what the resale flats around One Bernam actually sell for - this project trades at 3.4× the nearest block’s PSF.