Skip to content
dailystudysgDaily Study SG

Condo prices · D15

Casuarina Cove

Tanjong Rhu Road · D15 · Rest of central region · Condominium

The median sale at Casuarina Cove was $2,230,000 — $1,551 psf — across 24 transactions between Nov 2021 and July 2026. 99-year lease from 1993.

Median price
$2,230,000
24 sales in the window.
Median per sq ft
$1,551 psf
Median unit 1,496 sq ft.
Lease remaining
66 years
99-year lease from 1993

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
$2,816
$2,230,000 over 66 years remaining.
Per sq ft per year
$22.58
What a square foot of this development costs for one year of lease.
Lease expires
2092
33 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$1437
  • 2022three sales$1422
  • 2023three sales$1417
  • 2024six sales$1638
  • 2025six sales$1581
  • 2026five sales$1667
Show the figures
YearMedian pricePer sq ftSales
2021$1,160,000$1,437 psf1
2022$1,900,000$1,422 psf3
2023$2,150,000$1,417 psf3
2024$1,950,000$1,638 psf6
2025$2,430,000$1,581 psf6
2026$2,625,000$1,667 psf5

What it rents for

URA’s median of rental contracts lodged at Casuarina Cove in 2026Q2, per square foot per month.

Median rent per sq ft
$3.83
A month. Middle half of contracts ran $3.43 to $4.31.
Gross yield
2.96%
A year of median rent against the median sale price.
Median sale per sq ft
$1,551 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 D15

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.