Avenue South Residence
Silat Avenue · D03 · Rest of central region · Apartment
The median sale at Avenue South Residence was $1,685,000 — $2,306 psf — across 381 transactions between Oct 2021 and Oct 2026. 99-year lease from 2018.
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.
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.
New sales, sub-sales and resales
A new sale is bought from the developer at a list price; a resale is negotiated. The gap between them is the clearest read on how much of a launch price is the launch.
| Kind of sale | Median price | Per sq ft | Sales |
|---|---|---|---|
| New sale | $1,722,000 | $2,337 psf | 211 |
| Sub-sale | $1,682,800 | $2,299 psf | 47 |
| Resale | $1,620,000 | $2,255 psf | 123 |
Year by year
The median moved down 5 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.
- 202150 sales$2279
- 2022162 sales$2356
- 202321 sales$2298
- 202448 sales$2292
- 202560 sales$2282
- 202640 sales$2165
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2021 | $2,134,500 | $2,279 psf | 50 |
| 2022 | $1,701,500 | $2,356 psf | 162 |
| 2023 | $1,648,000 | $2,298 psf | 21 |
| 2024 | $1,688,000 | $2,292 psf | 48 |
| 2025 | $1,626,000 | $2,282 psf | 60 |
| 2026 | $1,620,000 | $2,165 psf | 40 |
What it rents for
URA’s median of rental contracts lodged at Avenue South Residence in 2026Q3, 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 D03
- Stirling Residences · $2,315 psf
- Promenade Peak · $2,948 psf
- Zyon Grand · $3,052 psf
- Commonwealth Towers · $2,131 psf
- Queens Peak · $2,179 psf
- Echelon · $2,143 psf
- The Crest · $1,962 psf
- Principal Garden · $2,046 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.