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Condo prices · D14

Central Grove

Geylang East Avenue 1 · D14 · Rest of central region · Condominium

The median sale at Central Grove was $1,595,000 — $1,336 psf — across 38 transactions between Nov 2021 and Sept 2026. 99-year lease from 1997.

Median price
$1,595,000
38 sales in the window.
Median per sq ft
$1,336 psf
Median unit 1,216 sq ft.
Lease remaining
70 years
99-year lease from 1997

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
$1,899
$1,595,000 over 70 years remaining.
Per sq ft per year
$18.73
What a square foot of this development costs for one year of lease.
Lease expires
2096
29 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$1233
  • 2022five sales$1174
  • 2023seven sales$1287
  • 202412 sales$1340
  • 2025four sales$1477
  • 2026nine sales$1376
Show the figures
YearMedian pricePer sq ftSales
2021$1,500,000$1,233 psf1
2022$1,300,000$1,174 psf5
2023$1,510,000$1,287 psf7
2024$1,615,000$1,340 psf12
2025$1,625,444$1,477 psf4
2026$1,700,000$1,376 psf9

What it rents for

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

Median rent per sq ft
$3.72
A month. Middle half of contracts ran $3.44 to $4.24.
Gross yield
3.34%
A year of median rent against the median sale price.
Median sale per sq ft
$1,336 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 D14

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.