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Condo prices · D19

Gambir Ridge

Gambir Walk · D19 · Outside central region · Apartment

The median sale at Gambir Ridge was $1,260,000 — $1,581 psf — across 21 transactions between Feb 2022 and Oct 2026. Freehold.

Median price
$1,260,000
21 sales in the window.
Median per sq ft
$1,581 psf
Median unit 883 sq ft.
Lease remaining
Freehold
Freehold

What it costs per month of lease

Gambir Ridge is freehold, so there is no lease to divide by and no expiry to discount towards. That is the whole of what a buyer is paying the freehold premium for. It runs about a tenth over leasehold on resales in the core central region and in the suburbs, and the city fringe reads the other way. Why that is, and why the national figure is bigger and worse.

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.

  • 2022two sales$1344
  • 2023six sales$1571
  • 2024one sale$1613
  • 2025seven sales$1548
  • 2026five sales$1716
Show the figures
YearMedian pricePer sq ftSales
2022$1,247,500$1,344 psf2
2023$1,617,500$1,571 psf6
2024$920,000$1,613 psf1
2025$1,230,000$1,548 psf7
2026$1,570,000$1,716 psf5

What it rents for

URA’s median of rental contracts lodged at Gambir Ridge in 2025Q3, per square foot per month.

Median rent per sq ft
$4.56
A month. Middle half of contracts ran $4.01 to $4.70.
Gross yield
3.46%
A year of median rent against the median sale price.
Median sale per sq ft
$1,581 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 D19

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.