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Condo prices · D12

Oleander Towers

Lorong 1 Toa Payoh · D12 · Rest of central region · Apartment

The median sale at Oleander Towers was $1,560,000 — $1,441 psf — across 51 transactions between Nov 2021 and Aug 2026. 99-year lease from 1995.

Median price
$1,560,000
51 sales in the window.
Median per sq ft
$1,441 psf
Median unit 1,152 sq ft.
Lease remaining
68 years
99-year lease from 1995

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
$1,912
$1,560,000 over 68 years remaining.
Per sq ft per year
$19.92
What a square foot of this development costs for one year of lease.
Lease expires
2094
31 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

The median moved up 40 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.

  • 2021four sales$1148
  • 202212 sales$1252
  • 2023nine sales$1366
  • 2024seven sales$1476
  • 202513 sales$1567
  • 2026six sales$1607
Show the figures
YearMedian pricePer sq ftSales
2021$1,007,500$1,148 psf4
2022$1,441,944$1,252 psf12
2023$1,305,000$1,366 psf9
2024$1,700,000$1,476 psf7
2025$1,800,000$1,567 psf13
2026$1,842,500$1,607 psf6

What it rents for

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

Median rent per sq ft
$4.12
A month. Middle half of contracts ran $3.89 to $4.37.
Gross yield
3.43%
A year of median rent against the median sale price.
Median sale per sq ft
$1,441 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 D12

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.