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Condo prices · D08

Piccadilly Grand

Northumberland Road · D08 · Rest of central region · Apartment

The median sale at Piccadilly Grand was $1,848,000 — $2,160 psf — across 450 transactions between May 2022 and Oct 2026. 99-year lease from 2021.

Median price
$1,848,000
450 sales in the window.
Median per sq ft
$2,160 psf
Median unit 883 sq ft.
Lease remaining
94 years
99-year lease from 2021

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
$1,638
$1,848,000 over 94 years remaining.
Per sq ft per year
$22.27
What a square foot of this development costs for one year of lease.
Lease expires
2120
5 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$1,736,000$2,142 psf407
Sub-sale$2,575,000$2,466 psf32
Resale$2,738,000$2,395 psf11

Year by year

The median moved up 13 per cent a square foot between 2022 and 2026. The sale count beside each year is how much evidence that year rests on.

  • 2022342 sales$2168
  • 202364 sales$2048
  • 2025six sales$2478
  • 202638 sales$2452
Show the figures
YearMedian pricePer sq ftSales
2022$1,574,000$2,168 psf342
2023$3,005,000$2,048 psf64
2025$2,725,000$2,478 psf6
2026$2,415,000$2,452 psf38

What it rents for

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

Median rent per sq ft
$7.36
A month. Middle half of contracts ran $6.66 to $7.60.
Gross yield
4.09%
A year of median rent against the median sale price.
Median sale per sq ft
$2,160 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 D08

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.