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Condo prices · D04

Harbour View Towers

Telok Blangah Drive · D04 · Rest of central region · Condominium

The median sale at Harbour View Towers was $2,368,000 — $1,555 psf — across nine transactions between Dec 2021 and Sept 2026. 99-year lease from 1990.

Figures here are based on just nine sales, which is too few to call a market rate.

Median price
$2,368,000
nine sales in the window.
Median per sq ft
$1,555 psf
Median unit 1,593 sq ft.
Lease remaining
63 years
99-year lease from 1990

Harbour View Towers saw three sales in the past 12 months. A median over that is a record of what happened, not a rate you could expect to transact at.

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
$3,132
$2,368,000 over 63 years remaining.
Per sq ft per year
$23.59
What a square foot of this development costs for one year of lease.
Lease expires
2089
36 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$1444
  • 2023one sale$1742
  • 2024two sales$1676
  • 2025two sales$1548
  • 2026three sales$1549
Show the figures
YearMedian pricePer sq ftSales
2021$1,150,000$1,444 psf1
2023$2,100,000$1,742 psf1
2024$2,375,000$1,676 psf2
2025$2,484,000$1,548 psf2
2026$2,438,000$1,549 psf3

What it rents for

URA’s median of rental contracts lodged at Harbour View Towers in 2026Q3, per square foot per month.

Median rent per sq ft
$3.77
A month. Middle half of contracts ran $3.59 to $4.40.
Gross yield
2.91%
A year of median rent against the median sale price.
Median sale per sq ft
$1,555 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 D04

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.