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Condo prices · D21

Binjai Park

Binjai Park · D21 · Rest of central region · Apartment, Detached

The median sale at Binjai Park was $1,670,000 — $1,586 psf — across eight transactions between Oct 2021 and March 2026. 999-year lease from 1875, among others.

Figures here are based on just eight sales, which is too few to call a market rate.

Median price
$1,670,000
eight sales in the window.
Median per sq ft
$1,586 psf
Median unit 1,232 sq ft.
Lease remaining
848 years
999-year lease from 1875, among others

Binjai Park 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

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
$164
$1,670,000 over 848 years remaining.
Per sq ft per year
$1.60
What a square foot of this development costs for one year of lease.
Lease expires
2874
15 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.

  • 2021one sale$1529
  • 2022four sales$1717
  • 2023two sales$1705
  • 2026one sale$1780
Show the figures
YearMedian pricePer sq ftSales
2021$1,580,000$1,529 psf1
2022$12,434,000$1,717 psf4
2023$14,944,000$1,705 psf2
2026$2,050,000$1,780 psf1

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.