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Condo prices · D10

Nouvel 18

Anderson Road · D10 · Core central region · Condominium

The median sale at Nouvel 18 was $5,752,000 — $3,173 psf — across 41 transactions between Dec 2021 and Aug 2026. Freehold.

Median price
$5,752,000
41 sales in the window.
Median per sq ft
$3,173 psf
Median unit 1,765 sq ft.
Lease remaining
Freehold
Freehold

Nouvel 18 saw two 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

Nouvel 18 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.

  • 2021two sales$3175
  • 202232 sales$3187
  • 2023three sales$3109
  • 2024one sale$3029
  • 2025one sale$3087
  • 2026two sales$3158
Show the figures
YearMedian pricePer sq ftSales
2021$5,297,000$3,175 psf2
2022$6,731,600$3,187 psf32
2023$4,704,000$3,109 psf3
2024$7,500,000$3,029 psf1
2025$5,450,000$3,087 psf1
2026$5,150,000$3,158 psf2

What it rents for

URA’s median of rental contracts lodged at Nouvel 18 in 2026Q3, per square foot per month.

Median rent per sq ft
$6.32
A month. Middle half of contracts ran $6.06 to $6.51.
Gross yield
2.39%
A year of median rent against the median sale price.
Median sale per sq ft
$3,173 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 D10

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.