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Condo prices · D18

Ris Grandeur

Elias Road · D18 · Outside central region · Condominium

The median sale at Ris Grandeur was $1,500,000 — $1,267 psf — across 42 transactions between Nov 2021 and Sept 2026. Freehold.

Median price
$1,500,000
42 sales in the window.
Median per sq ft
$1,267 psf
Median unit 1,292 sq ft.
Lease remaining
Freehold
Freehold

What it costs per month of lease

Ris Grandeur 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.

  • 2021three sales$1123
  • 2022eight sales$1166
  • 2023four sales$1262
  • 202411 sales$1267
  • 202511 sales$1286
  • 2026five sales$1341
Show the figures
YearMedian pricePer sq ftSales
2021$1,450,000$1,123 psf3
2022$1,494,000$1,166 psf8
2023$1,365,000$1,262 psf4
2024$1,580,000$1,267 psf11
2025$1,650,000$1,286 psf11
2026$1,485,000$1,341 psf5

What it rents for

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

Median rent per sq ft
$3.27
A month. Middle half of contracts ran $3.14 to $3.37.
Gross yield
3.10%
A year of median rent against the median sale price.
Median sale per sq ft
$1,267 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 D18

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.