Coastal Cabana Has Sold 384 Units At A Median Of S$1,793 psf — But 233 Of Them Came In The First Month

This project sold just over half of its units in eight months. At first glance, that looks like steady, ongoing sales. But the month-by-month numbers tell a different story. Most of the sales happened right at launch. In the months after that, sales dropped to the teens and twenties, not hundreds.

URA Data Service tracks caveats. According to these records, Coastal Cabana in District 17 is a 99-year leasehold project. It has recorded 384 developer sales since January 2026. Of these, 43 sales happened in the three months up to August 2026. The overall median price was S$1,793 psf. This 384 figure is 51.3% of the project's 748 units. January 2026 was the busiest month, with 233 caveats. The median price per square foot rose by 2.8%, moving from S$1,780 psf in the first month to S$1,830 psf in August 2026.

January 2026 accounted for more sales than every other month combined

The first thing we noticed was the shape of the monthly chart below. January 2026 recorded 233 caveats. February dropped sharply to 7. March rose back up to 58. From April onwards, the monthly counts stayed between 12 and 25. August 2026, the most recent month in this data, recorded 12 caveats.

This pattern is common when a project launches. Many buyers book units in the opening weekend, and the caveat records show them all in one month. The chart cannot tell us why March had 58 caveats. It could be a second batch of units released for sale, or it could be steady individual sales trickling in. We cannot tell, because caveats only show the date filed, not which sales release they belong to. Treat this chart as a record of when sales were officially filed, not as a measure of how much buyers wanted the units in any single week.

One more point to keep in mind: only 43 caveats were filed across the three months up to August 2026. That is a small number. So just a few sales can shift the monthly median prices we look at in the next section.

The median psf has edged up since launch, but not in a straight line

Alongside the sales counts, the table below tracks the median price per square foot for each month. It starts at S$1,780 psf in January 2026 and reaches S$1,830 psf in August 2026. That is a rise of 2.8% over the eight months of selling. The path between these two points was not smooth. April 2026 recorded S$1,816 psf, and May 2026 recorded S$1,811 psf. So at least one month's median price was lower than the month before it.

The cumulative column, which adds up total sales over time, is another useful figure to look at. It shows 240 units sold by February 2026, 298 by March, 341 by May, and 384 by August. The 51.3% sold figure is measured against the project's total of 748 units. This figure is based on caveats filed, which can be recorded several weeks after a buyer actually books a unit.

A monthly median price also depends on what kind of units sold that month. If a dozen sales in one month lean towards smaller units or lower floors, the median price will shift because of that mix. This happens no matter what any single unit's actual price was. Keep this in mind when looking at the size-band table next.

The most-sold size band is also the one with the lowest median psf of the two main bands

When we split the 384 caveats by unit size, units of 90 to 119 square metres were the most popular size band. This band had 202 caveats, with a median price of S$1,863,500, or S$1,786 psf, on a median area of 1,012 sqft. The 70 to 89 square metre band recorded 164 caveats, with a lower median price of S$1,646,000. But this band had a higher median price per square foot of S$1,808 psf, on a median area of 915 sqft.

This is an inversion: smaller units have a higher price per square foot, while larger units have a higher total price. This pattern is common in project launches, and it continues into the largest size band. Units of 120 square metres and above recorded 18 caveats, with a median area of 1,421 sqft. Their median total price was S$2,511,500, and their median price per square foot was S$1,769 psf, the lowest of the three size bands.

18 caveats is a small number. So treat this median as only a rough guide for those specific sales, not as a fixed price level for all large units in the project. The table is below.

Completed projects within a kilometre have been transacting well below the launch median

To understand what the launch median means, we looked at resale prices within 1,000 metres of the site over the 24 months up to August 2026. Across 25 completed projects nearby, 349 resales recorded a median price of S$1,272 psf. The launch median of S$1,793 psf is 41.0% higher than that resale median.

The table below shows which projects had the most resales. Ripple Bay, located 486 metres away, had the most resales at 65, with a median price of S$1,408 psf, the highest median in the table. Sea Horizon, 268 metres away, recorded 58 resales at S$1,282 psf. Watercolours, 406 metres away, recorded 57 resales at S$1,244 psf. Seastrand, 537 metres away, recorded 38 resales at S$1,283 psf. At the lower end, Eastvale recorded 11 resales at S$1,057 psf. Coastal Breeze Residences, the closest project at 135 metres away, recorded 9 resales at S$1,132 psf.

This kind of price gap is not a direct comparison. Every project in the table is already completed and holds a 99-year lease. Coastal Cabana, on the other hand, is still selling units and is expected to complete in 2028. The mix of unit types, floor levels, and remaining years on the lease all differ across the eight projects listed. These figures are rough medians based on recorded sales. They are not official valuations of any specific home.

Both of the other District 17 launches have transacted above Coastal Cabana's median

The final comparison looks at other new launches in the same district. Over the 12 months up to August 2026, Kassia sold the most units, with 21 caveats at a median price of S$2,078 psf. The Shorefront recorded 6 caveats at a median price of S$1,972 psf. Both of these medians are higher than Coastal Cabana's overall median of S$1,793 psf, and higher than its August 2026 monthly median too.

Tenure, meaning how long the land lease lasts, is the clearest difference in the table below. Kassia is freehold, meaning it has no lease expiry. The Shorefront has a 946-year lease. Coastal Cabana has a 99-year lease. Kassia had 21 caveats and The Shorefront had 6, both small numbers. A median based on just six sales can change a lot if even one more sale is added.

What this table does show clearly is scale. Coastal Cabana's 384 caveats since January 2026 make up the vast majority of new-sale activity recorded in the district during this period.

What the data does not settle is where the monthly pace goes from here. With 384 of 748 units taken up and the last four months running between 12 and 25 caveats each, the figures to watch in the next release are whether the monthly counts hold in that range, whether the median psf keeps inching along the way it has since January 2026, and whether the remaining stock shifts the size-band mix — the 120 sqm and above band has only 18 caveats behind it so far, and any further sales there will move its median noticeably.

A single median, on its own, rarely tells you much. The S$1,793 psf figure only becomes legible once you see that most of it was set in one month, that the smallest band carries the highest per-square-foot median, and that nearby completed resales have been printing around S$1,272 psf over two years. Every number here is an indicative median from caveats lodged with URA, not a valuation, and the more useful read is the direction each of these series takes over the next few months rather than any one line in the table.

Method: URA caveats for developer sales ('new sale') at the project, dated to the month; size bands by the caveated floor area; the nearby comparison is resale caveats in completed projects within one kilometre over 24 months, unadjusted for size, age or floor. Units sold is the caveat count, which lags option exercises by weeks. Private figures are from URA Data Service caveats, HDB figures from data.gov.sg resale records, both loaded weekly by this site's ingest. Medians are of the non-excluded transactions in the period named; sales flagged by the hygiene rules (related-party transfers, bulk deals, outliers) are left out. Every figure is indicative and drawn from recorded transactions, not a formal valuation.