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Condo prices · D21

Pandan Valley

Pandan Valley · D21 · Rest of central region · Condominium

The median sale at Pandan Valley was $3,072,000 — $1,452 psf — across 78 transactions between Nov 2021 and Sept 2026. Freehold.

Median price
$3,072,000
78 sales in the window.
Median per sq ft
$1,452 psf
Median unit 2,088 sq ft.
Lease remaining
Freehold
Freehold

What it costs per month of lease

Pandan Valley 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 17 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.

  • 2021six sales$1352
  • 202220 sales$1406
  • 2023nine sales$1429
  • 202419 sales$1455
  • 202512 sales$1605
  • 202612 sales$1579
Show the figures
YearMedian pricePer sq ftSales
2021$3,215,000$1,352 psf6
2022$2,950,000$1,406 psf20
2023$3,350,000$1,429 psf9
2024$3,430,000$1,455 psf19
2025$2,800,000$1,605 psf12
2026$2,845,000$1,579 psf12

What it rents for

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

Median rent per sq ft
$2.90
A month. Middle half of contracts ran $2.46 to $3.11.
Gross yield
2.40%
A year of median rent against the median sale price.
Median sale per sq ft
$1,452 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 D21

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.