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Condo prices · D09

Mirage Tower

Kim Seng Road · D09 · Core central region · Condominium

The median sale at Mirage Tower was $2,740,000 — $2,296 psf — across 27 transactions between Jan 2022 and Sept 2026. Freehold.

Median price
$2,740,000
27 sales in the window.
Median per sq ft
$2,296 psf
Median unit 1,227 sq ft.
Lease remaining
Freehold
Freehold

What it costs per month of lease

Mirage Tower 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

The median moved up 12 per cent a square foot between 2022 and 2026. The sale count beside each year is how much evidence that year rests on.

  • 2022five sales$2158
  • 2023three sales$2192
  • 2024three sales$2272
  • 202511 sales$2317
  • 2026five sales$2409
Show the figures
YearMedian pricePer sq ftSales
2022$2,460,000$2,158 psf5
2023$1,308,888$2,192 psf3
2024$3,330,000$2,272 psf3
2025$3,050,000$2,317 psf11
2026$2,300,000$2,409 psf5

What it rents for

URA’s median of rental contracts lodged at Mirage Tower in 2026Q3, per square foot per month.

Median rent per sq ft
$5.22
A month. Middle half of contracts ran $4.78 to $6.18.
Gross yield
2.73%
A year of median rent against the median sale price.
Median sale per sq ft
$2,296 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 D09

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.