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Condo prices · D27

Provence Residence

Canberra Crescent · D27 · Outside central region · Executive Condominium

The median sale at Provence Residence was $1,175,500 — $1,252 psf — across 114 transactions between Oct 2021 and June 2026. 99-year lease from 2020.

Median price
$1,175,500
114 sales in the window.
Median per sq ft
$1,252 psf
Median unit 926 sq ft.
Lease remaining
93 years
99-year lease from 2020

Provence Residence saw one sale in the past 12 months. A median over that is a record of what happened, not a rate you could expect to transact at.

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
$1,053
$1,175,500 over 93 years remaining.
Per sq ft per year
$13.65
What a square foot of this development costs for one year of lease.
Lease expires
2119
6 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$1,171,000$1,252 psf113
Resale$1,460,000$1,577 psf1

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.

  • 202141 sales$1227
  • 202261 sales$1252
  • 2023four sales$1404
  • 2024five sales$1482
  • 2025two sales$1573
  • 2026one sale$1577
Show the figures
YearMedian pricePer sq ftSales
2021$1,136,000$1,227 psf41
2022$1,180,000$1,252 psf61
2023$1,333,500$1,404 psf4
2024$1,436,000$1,482 psf5
2025$1,423,500$1,573 psf2
2026$1,460,000$1,577 psf1

Other developments in D27

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.