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Condo prices · D19

Kensington Square

Jalan Lokam · D19 · Outside central region · Apartment

The median sale at Kensington Square was $1,005,000 — $1,510 psf — across 43 transactions between Nov 2021 and Oct 2026. Freehold.

Median price
$1,005,000
43 sales in the window.
Median per sq ft
$1,510 psf
Median unit 614 sq ft.
Lease remaining
Freehold
Freehold

What it costs per month of lease

Kensington Square 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.

  • 2021five sales$1244
  • 202211 sales$1499
  • 2023nine sales$1548
  • 2024four sales$1452
  • 202511 sales$1571
  • 2026three sales$1614
Show the figures
YearMedian pricePer sq ftSales
2021$1,125,000$1,244 psf5
2022$920,000$1,499 psf11
2023$965,000$1,548 psf9
2024$1,240,000$1,452 psf4
2025$1,150,000$1,571 psf11
2026$1,360,000$1,614 psf3

What it rents for

URA’s median of rental contracts lodged at Kensington Square in 2026Q2, per square foot per month.

Median rent per sq ft
$5.22
A month. Middle half of contracts ran $5.13 to $5.64.
Gross yield
4.15%
A year of median rent against the median sale price.
Median sale per sq ft
$1,510 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.