The Draycott’s record sale puts a 2,637 sq ft home at S$7.39m
Two reported sales of equally sized three-bedroom apartments put the older freehold condo’s price milestone into perspective for next-home comparisons.
Published 3 November 2026
A three-bedroom apartment measuring 2,637 sq ft at The Draycott, a freehold condominium on Draycott Park in District 10, reportedly sold for S$7.39 million on 16 October 2026. The 29th-floor transaction established a reported project record of S$2,801 per square foot (psf).
For an HDB owner considering a private home, the revealing number is the space behind that record: approximately 245 sq m, calculated from the reported floor area. Another three-bedroom apartment of the same stated size had sold there for S$7.18 million on 28 July—putting the later transaction S$210,000 higher in less than three months.
Two same-size sales, S$210,000 apart
The July and October transactions offer a more useful comparison than two unrelated record prices. They concern the same development, the same reported bedroom count and the same stated floor area. Here is how the reported figures line up.
| Reported transaction | Floor area | Bedrooms | Sale price | Reported psf |
|---|---|---|---|---|
| 28 July 2026 | 2,637 sq ft | 3 | S$7.18 million | S$2,723 |
| 16 October 2026 | 2,637 sq ft | 3 | S$7.39 million | S$2,801 |
Both transactions and their stated measurements come from the retained transaction report.
Subtracting the July price from October’s gives S$210,000. Dividing that difference by July’s S$7.18 million produces an increase of approximately 2.9%. The reported psf figures differ by S$78, also about 2.9%; the small rounding distinction comes from using the separately reported total prices and psf rates.
That arithmetic describes the gap between two sales, rather than a return earned by one owner. These were different apartments, and the comparison does not isolate the contribution of floor level, condition or layout. Its practical strength is narrower: it shows the total sums paid for two homes with an identical stated area.
What roughly 245 sq m tells you
“Three-bedroom” is a useful starting filter, but here it sits alongside a substantial floor-area figure. Converting 2,637 sq ft using 0.092903 square metres per square foot gives about 244.99 sq m, rounded to 245 sq m. That is the scale of the apartment involved in this record—not merely a bedroom label attached to a price.
For a next-home search, this suggests a better comparison order: establish the amount of space you are considering, then look at the total price and how the rooms would work for your household. A bedroom count alone leaves the size question unanswered; a psf figure alone leaves the total purchase price unanswered.
The Draycott transaction makes that distinction concrete. Its S$2,801 psf rate and S$7.39 million sale price describe the same purchase, but answer different questions. The first puts a price against each unit of reported area; the second states what changed hands for the whole apartment. Neither should disappear when comparing it with another home.
The floor area is not a substitute for inspecting a floor plan, either. When assessing a potential next home, consider where that space goes: living and dining areas, bedrooms, circulation and other parts of the apartment. The useful question is how much of the layout serves your household’s daily needs, rather than how impressive the headline area sounds.
An older freehold development, not a new launch
The Draycott was completed in 1980. The development comprises a 34-storey, tri-cylindrical tower containing 132 apartments, together with four-storey blocks containing two-bedroom apartments and maisonettes. The reported October sale was on the tower’s 29th floor.
That context identifies what is being compared: an apartment within an established freehold development, rather than a newly launched condominium. It also matters that the development contains different housing forms. The tower apartment in this transaction should not stand in for every home at The Draycott.
For an upgrader, age, tenure and physical layout belong beside price and area in the comparison. They describe different aspects of the next home. This transaction supplies a concrete reference point for one particular combination: an older freehold development, a high-floor three-bedroom apartment and 2,637 sq ft of reported space.
A project record with a specific meaning
The October transaction reportedly marked the first sale at The Draycott above S$2,800 psf, overtaking July’s S$2,723 psf high. That makes it a project-level price milestone, rather than a comparison with every private home in Singapore.
For an HDB owner weighing a next home, the useful takeaway is the pairing of space and total price: roughly 245 sq m for a reported S$7.39 million, with another same-size transaction at S$7.18 million earlier that year. Those are past sale reference points, not current offers or a personal spending ceiling. The next meaningful comparison is with an actual available home—its full price, its stated area and the layout you would live in.