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Condo prices · D21

Astor Green

Pine Grove · D21 · Rest of central region · Condominium

The median sale at Astor Green was $1,570,000 — $1,384 psf — across 24 transactions between Oct 2021 and Sept 2026. 99-year lease from 1991.

Median price
$1,570,000
24 sales in the window.
Median per sq ft
$1,384 psf
Median unit 1,087 sq ft.
Lease remaining
64 years
99-year lease from 1991

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
$2,044
$1,570,000 over 64 years remaining.
Per sq ft per year
$22.56
What a square foot of this development costs for one year of lease.
Lease expires
2090
35 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

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$1237
  • 2022one sale$1270
  • 202310 sales$1372
  • 2024four sales$1389
  • 2025one sale$1323
  • 2026five sales$1501
Show the figures
YearMedian pricePer sq ftSales
2021$1,360,000$1,237 psf3
2022$1,750,000$1,270 psf1
2023$1,710,000$1,372 psf10
2024$1,500,000$1,389 psf4
2025$1,410,000$1,323 psf1
2026$2,080,000$1,501 psf5

What it rents for

URA’s median of rental contracts lodged at Astor Green in 2023Q4, per square foot per month.

Median rent per sq ft
$3.60
A month. Middle half of contracts ran $3.31 to $3.73.
Gross yield
3.12%
A year of median rent against the median sale price.
Median sale per sq ft
$1,384 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 D21

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.