City Gate
Beach Road · D07 · Rest of central region · Apartment
The median sale at City Gate was $1,503,000 — $2,106 psf — across 84 transactions between Nov 2021 and Oct 2026. 99-year lease from 2014.
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.
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.
- 2021two sales$1964
- 202217 sales$2018
- 2023nine sales$2033
- 202419 sales$2117
- 202520 sales$2151
- 202617 sales$2122
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2021 | $1,230,000 | $1,964 psf | 2 |
| 2022 | $1,400,000 | $2,018 psf | 17 |
| 2023 | $1,435,000 | $2,033 psf | 9 |
| 2024 | $1,480,000 | $2,117 psf | 19 |
| 2025 | $1,544,000 | $2,151 psf | 20 |
| 2026 | $1,520,000 | $2,122 psf | 17 |
What it rents for
URA’s median of rental contracts lodged at City Gate 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 D07
- Aurea · $2,869 psf
- Duo Residences · $2,197 psf
- Concourse Skyline · $1,949 psf
- The M · $2,742 psf
- Midtown Modern · $2,910 psf
- Midtown Bay · $3,285 psf
- The Bencoolen · $1,612 psf
- Southbank · $1,879 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.