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Condo prices · D28

Nim Collection

Nim Rise · D28 · Outside central region · Terrace, Detached, Semi-Detached

The median sale at Nim Collection was $3,800,000 — $2,155 psf of land — across 17 transactions between March 2022 and Oct 2026. 99-year lease from 2016.

Figures here are based on 17 sales.

Median price
$3,800,000
17 sales in the window.
Median per sq ft of land
$2,155 psf
Median unit 1,687 sq ft.
Lease remaining
89 years
99-year lease from 2016

Nim Collection 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
$3,558
$3,800,000 over 89 years remaining.
Per sq ft per year
$25.31
What a square foot of this development costs for one year of lease.
Lease expires
2115
10 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.

  • 2022three sales$1860
  • 2023four sales$2207
  • 2024one sale$1979
  • 2025six sales$2200
  • 2026three sales$2250
Show the figures
YearMedian pricePer sq ft of landSales
2022$3,560,000$1,860 psf3
2023$3,750,000$2,207 psf4
2024$3,788,000$1,979 psf1
2025$3,790,000$2,200 psf6
2026$3,888,888$2,250 psf3

Other landed housing in D28

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.