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Condo prices · D07

Burlington Square

Bencoolen Street · D07 · Rest of central region · Apartment

The median sale at Burlington Square was $1,365,000 — $1,502 psf — across 26 transactions between April 2022 and Sept 2026. 99-year lease from 1996.

Median price
$1,365,000
26 sales in the window.
Median per sq ft
$1,502 psf
Median unit 866 sq ft.
Lease remaining
69 years
99-year lease from 1996

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
$1,649
$1,365,000 over 69 years remaining.
Per sq ft per year
$22.83
What a square foot of this development costs for one year of lease.
Lease expires
2095
30 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 2022 and 2026. The sale count beside each year is how much evidence that year rests on.

  • 2022four sales$1326
  • 2023five sales$1435
  • 2024nine sales$1568
  • 2025three sales$1615
  • 2026five sales$1642
Show the figures
YearMedian pricePer sq ftSales
2022$1,210,500$1,326 psf4
2023$1,280,000$1,435 psf5
2024$1,300,000$1,568 psf9
2025$1,500,000$1,615 psf3
2026$1,538,000$1,642 psf5

What it rents for

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

Median rent per sq ft
$5.44
A month. Middle half of contracts ran $5.29 to $5.65.
Gross yield
4.35%
A year of median rent against the median sale price.
Median sale per sq ft
$1,502 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 D07

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.