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Condo prices · D15

38 I Suites

Ipoh Lane · D15 · Rest of central region · Apartment

The median sale at 38 I Suites was $900,000 — $1,739 psf — across 31 transactions between Nov 2021 and April 2026. Freehold.

Median price
$900,000
31 sales in the window.
Median per sq ft
$1,739 psf
Median unit 506 sq ft.
Lease remaining
Freehold
Freehold

38 I Suites saw one sale in the past 12 months. A median over that is a record of what happened, not a rate you could expect to transact at.

What it costs per month of lease

38 I Suites is freehold, so there is no lease to divide by and no expiry to discount towards. That is the whole of what a buyer is paying the freehold premium for. It runs about a tenth over leasehold on resales in the core central region and in the suburbs, and the city fringe reads the other way. Why that is, and why the national figure is bigger and worse.

Year by year

Too few sales in one or both ends of the window to quote a change, so the years are given as they are.

  • 2021three sales$1482
  • 2022eight sales$1679
  • 2023five sales$1768
  • 2024nine sales$1777
  • 2025five sales$1798
  • 2026one sale$1728
Show the figures
YearMedian pricePer sq ftSales
2021$750,000$1,482 psf3
2022$874,000$1,679 psf8
2023$1,150,000$1,768 psf5
2024$1,095,000$1,777 psf9
2025$1,080,000$1,798 psf5
2026$800,000$1,728 psf1

What it rents for

URA’s median of rental contracts lodged at 38 I Suites in 2026Q3, per square foot per month.

Median rent per sq ft
$5.37
A month. Middle half of contracts ran $4.81 to $5.98.
Gross yield
3.70%
A year of median rent against the median sale price.
Median sale per sq ft
$1,739 psf
The figure the rent is divided into.

Gross, and the word is doing work. It is before property tax, maintenance and sinking fund, agent commission on each new tenancy, the months between tenants, income tax on the rent, and the mortgage. A net figure would need assumptions about a particular buyer that this site does not get to make.

Other developments in D15

Transactions from the Urban Redevelopment Authority, covering Oct 2021 to Oct 2026. URA publishes a rolling five-year window; months before it are held in this site’s own archive. A caveat is lodged after a sale is agreed, so the most recent weeks are always incomplete.