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Condo prices · D02

One Bernam

Bernam Street · D02 · Core central region · Apartment

The median sale at One Bernam was $1,996,000 — $2,554 psf — across 274 transactions between Oct 2021 and Sept 2026. 99-year lease from 2019.

Median price
$1,996,000
274 sales in the window.
Median per sq ft
$2,554 psf
Median unit 807 sq ft.
Lease remaining
92 years
99-year lease from 2019

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
$1,808
$1,996,000 over 92 years remaining.
Per sq ft per year
$26.87
What a square foot of this development costs for one year of lease.
Lease expires
2118
7 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.

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 saleMedian pricePer sq ftSales
New sale$1,998,000$2,545 psf266
Sub-sale$1,292,500$2,707 psf8

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$2672
  • 202249 sales$2449
  • 202368 sales$2628
  • 202447 sales$2726
  • 2025104 sales$2525
  • 2026four sales$2654
Show the figures
YearMedian pricePer sq ftSales
2021$1,642,500$2,672 psf2
2022$1,764,120$2,449 psf49
2023$2,028,000$2,628 psf68
2024$2,238,000$2,726 psf47
2025$1,989,500$2,525 psf104
2026$2,069,444$2,654 psf4

What it rents for

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

Median rent per sq ft
$7.83
A month. Middle half of contracts ran $7.24 to $9.37.
Gross yield
3.68%
A year of median rent against the median sale price.
Median sale per sq ft
$2,554 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 D02

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.