Citylights
Jellicoe Road · D08 · Rest of central region · Condominium
The median sale at Citylights was $1,538,888 — $1,844 psf — across 115 transactions between Oct 2021 and Sept 2026. 99-year lease from 2004.
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
The median moved up 26 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.
- 202113 sales$1626
- 202219 sales$1679
- 202328 sales$1808
- 202423 sales$1885
- 202518 sales$1952
- 202614 sales$2056
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2021 | $1,375,000 | $1,626 psf | 13 |
| 2022 | $1,200,000 | $1,679 psf | 19 |
| 2023 | $1,545,000 | $1,808 psf | 28 |
| 2024 | $1,450,000 | $1,885 psf | 23 |
| 2025 | $1,884,000 | $1,952 psf | 18 |
| 2026 | $1,905,000 | $2,056 psf | 14 |
What it rents for
URA’s median of rental contracts lodged at Citylights 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 D08
- Piccadilly Grand · $2,160 psf
- Uptown @ Farrer · $1,958 psf
- City Square Residences · $1,992 psf
- Cityscape @Farrer Park · $1,634 psf
- Kerrisdale · $1,483 psf
- Sturdee Residences · $2,053 psf
- Forte Suites · $1,825 psf
- The Ranz · $2,258 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.