Mayfair Modern
Rifle Range Road · D21 · Rest of central region · Condominium
The median sale at Mayfair Modern was $1,639,820 — $2,226 psf — across 77 transactions between Oct 2021 and Sept 2026. 99-year lease from 2018.
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.
New sales, sub-sales and resales
A new sale is bought from the developer at a list price; a resale is negotiated. The gap between them is the clearest read on how much of a launch price is the launch.
| Kind of sale | Median price | Per sq ft | Sales |
|---|---|---|---|
| New sale | $1,621,620 | $2,210 psf | 37 |
| Sub-sale | $1,940,000 | $2,262 psf | 20 |
| Resale | $1,750,000 | $2,183 psf | 20 |
Year by year
The median moved up 7 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.
- 2021seven sales$2106
- 202231 sales$2223
- 202312 sales$2267
- 2024eight sales$2257
- 202510 sales$2065
- 2026nine sales$2252
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2021 | $1,621,620 | $2,106 psf | 7 |
| 2022 | $1,626,570 | $2,223 psf | 31 |
| 2023 | $2,247,500 | $2,267 psf | 12 |
| 2024 | $2,016,500 | $2,257 psf | 8 |
| 2025 | $1,259,900 | $2,065 psf | 10 |
| 2026 | $1,818,000 | $2,252 psf | 9 |
What it rents for
URA’s median of rental contracts lodged at Mayfair Modern 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 D21
- The Sen · $2,341 psf
- Nava Grove · $2,486 psf
- Pinetree Hill · $2,491 psf
- Daintree Residence · $2,059 psf
- 8@Bt · $2,717 psf
- Ki Residences At Brookvale · $2,060 psf
- Signature Park · $1,671 psf
- The Cascadia · $2,086 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.