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Condo prices · D21

Pinetree Hill

Pine Grove · D21 · Rest of central region · Condominium

The median sale at Pinetree Hill was $2,285,000 — $2,491 psf — across 521 transactions between July 2023 and Sept 2026. 99-year lease from 2022, among others.

Median price
$2,285,000
521 sales in the window.
Median per sq ft
$2,491 psf
Median unit 969 sq ft.
Lease remaining
95 years
99-year lease from 2022, among others

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
$2,004
$2,285,000 over 95 years remaining.
Per sq ft per year
$24.83
What a square foot of this development costs for one year of lease.
Lease expires
2121
4 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$2,290,000$2,491 psf520
Sub-sale$1,260,000$2,341 psf1

Year by year

The median moved up 9 per cent a square foot between 2023 and 2026. The sale count beside each year is how much evidence that year rests on.

  • 2023166 sales$2371
  • 2024193 sales$2513
  • 2025121 sales$2597
  • 202641 sales$2576
Show the figures
YearMedian pricePer sq ftSales
2023$1,842,500$2,371 psf166
2024$2,088,000$2,513 psf193
2025$3,133,000$2,597 psf121
2026$3,183,000$2,576 psf41

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.