District 03 · Queenstown · RCR
Commonwealth Towers
Commonwealth Avenue · Condominium · 99 yrs lease commencing from 2013 · 845 units
Current PSF
$2,246
+4.6% vs district median
Gross yield
3.9%
median rent $4,300/mo
3-year gain
12.8%
Transactions · 5y
252
44 in last 12 months
Nearest MRT
Commonwealth Mrt Station · 1,141.786m
EWL
Future MRT
West Coast Mrt Station
CRL · 2032
Vs local HDB
+137% premium
HDB median $948 psf
Area income
$9,500/mo median
residential zone
En-bloc potential15 / 100
7 years old · 845 units · 7% unused plot ratio · composite of plot use, age, tenure, value gap & size
Price trend average PSF by year
2021
$1,901
2022
$1,971
+3.7%
2023
$2,091
+6.1%
2024
$2,200
+5.2%
2025
$2,228
+1.3%
2026
$2,358
+5.8%
Rental by bedroom
| Bedrooms | Median rent | Rental PSF | Yield | Contracts |
|---|---|---|---|---|
| 1BR | $3,500/mo | $7.78 | 4.2% | 494 |
| 2BR | $4,600/mo | $7.08 | 3.8% | 378 |
| 3BR | $6,200/mo | $6.53 | 3.5% | 165 |
| 4BR | $7,000/mo | $5.19 | 2.8% | 18 |
Recent transactions URA, latest 10
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Mar 2026 | $1,560,000 | 689 | $2,265 | 06-10 |
| Feb 2026 | $2,712,000 | 1,033 | $2,625 | 41-45 |
| Feb 2026 | $2,600,000 | 1,055 | $2,465 | 31-35 |
| Feb 2026 | $1,030,000 | 474 | $2,175 | 36-40 |
| Feb 2026 | $1,020,000 | 452 | $2,256 | 36-40 |
| Jan 2026 | $1,780,000 | 753 | $2,362 | 41-45 |
| Dec 2025 | $925,000 | 474 | $1,953 | 06-10 |
| Nov 2025 | $1,778,000 | 753 | $2,360 | 16-20 |
| Nov 2025 | $1,728,888 | 753 | $2,295 | 11-15 |
| Nov 2025 | $1,640,000 | 689 | $2,381 | 16-20 |
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