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Condo prices · D21

Parc Palais

Hume Avenue · D21 · Outside central region · Condominium

The median sale at Parc Palais was $2,130,000 — $1,615 psf — across 55 transactions between Dec 2021 and Oct 2026. Freehold.

Median price
$2,130,000
55 sales in the window.
Median per sq ft
$1,615 psf
Median unit 1,335 sq ft.
Lease remaining
Freehold
Freehold

What it costs per month of lease

Parc Palais 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$1338
  • 202211 sales$1503
  • 2023eight sales$1598
  • 202412 sales$1643
  • 202514 sales$1700
  • 2026eight sales$1734
Show the figures
YearMedian pricePer sq ftSales
2021$1,890,000$1,338 psf2
2022$1,800,000$1,503 psf11
2023$2,025,000$1,598 psf8
2024$2,091,500$1,643 psf12
2025$2,265,000$1,700 psf14
2026$2,296,444$1,734 psf8

What it rents for

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

Median rent per sq ft
$3.57
A month. Middle half of contracts ran $3.45 to $3.64.
Gross yield
2.65%
A year of median rent against the median sale price.
Median sale per sq ft
$1,615 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.