8M Residences
Margate Road · D15 · Rest of central region · Apartment
The median sale at 8M Residences was $1,560,000 — $2,206 psf — across 27 transactions between Oct 2021 and Aug 2026. Freehold.
8M Residences saw three sales 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
8M Residences 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.
- 2021two sales$2133
- 2022four sales$2098
- 2023seven sales$2015
- 2024two sales$2232
- 2025nine sales$2297
- 2026three sales$2367
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2021 | $1,240,000 | $2,133 psf | 2 |
| 2022 | $1,520,000 | $2,098 psf | 4 |
| 2023 | $1,600,000 | $2,015 psf | 7 |
| 2024 | $1,575,000 | $2,232 psf | 2 |
| 2025 | $1,570,000 | $2,297 psf | 9 |
| 2026 | $1,223,000 | $2,367 psf | 3 |
What it rents for
URA’s median of rental contracts lodged at 8M Residences in 2024Q3, per square foot per month.
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
- The Continuum · $2,789 psf
- Arina East Residences · $2,784 psf
- Grand Dunman · $2,524 psf
- Mandarin Gardens · $1,285 psf
- Seaside Residences · $2,251 psf
- Tembusu Grand · $2,450 psf
- Amber House · $3,060 psf
- Silversea · $2,044 psf
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.