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Condo prices · D09

Aspen Heights

River Valley Road · D09 · Core central region · Condominium

The median sale at Aspen Heights was $3,025,000 — $2,223 psf — across 66 transactions between Nov 2021 and Sept 2026. 999-year lease from 1841.

Median price
$3,025,000
66 sales in the window.
Median per sq ft
$2,223 psf
Median unit 1,324 sq ft.
Lease remaining
814 years
999-year lease from 1841

What it costs per month of lease

A lease is a wasting asset. Spread the median price across the months of lease that are left and the figure is comparable between a dear flat with a long lease and a cheap one with a short one — which is the comparison a price alone cannot make.

Price per month of lease
$310
$3,025,000 over 814 years remaining.
Per sq ft per year
$2.81
What a square foot of this development costs for one year of lease.
Lease expires
2840
19 per cent of the lease already run.

This is the purchase price divided by the lease, and nothing else. It excludes stamp duty, the interest on a mortgage, maintenance and property tax. The calculator adds those.

Year by year

The median moved up 24 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.

  • 2021five sales$1978
  • 202210 sales$2044
  • 202310 sales$2117
  • 202414 sales$2226
  • 202515 sales$2304
  • 202612 sales$2444
Show the figures
YearMedian pricePer sq ftSales
2021$2,618,000$1,978 psf5
2022$2,860,000$2,044 psf10
2023$3,105,000$2,117 psf10
2024$2,945,000$2,226 psf14
2025$3,150,000$2,304 psf15
2026$3,300,000$2,444 psf12

What it rents for

URA’s median of rental contracts lodged at Aspen Heights in 2026Q3, per square foot per month.

Median rent per sq ft
$4.75
A month. Middle half of contracts ran $4.55 to $4.93.
Gross yield
2.56%
A year of median rent against the median sale price.
Median sale per sq ft
$2,223 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 D09

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.