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Condo prices · D01

Riverwalk Apartments

Upper Circular Road · D01 · Rest of central region · Apartment

The median sale at Riverwalk Apartments was $1,800,000 — $1,598 psf — across 23 transactions between July 2022 and Sept 2026. 99-year lease from 1980.

Median price
$1,800,000
23 sales in the window.
Median per sq ft
$1,598 psf
Median unit 1,259 sq ft.
Lease remaining
53 years
99-year lease from 1980

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
$2,830
$1,800,000 over 53 years remaining.
Per sq ft per year
$26.97
What a square foot of this development costs for one year of lease.
Lease expires
2079
46 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.

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.

  • 2022four sales$1558
  • 2023five sales$1548
  • 2024four sales$1575
  • 2025seven sales$1650
  • 2026three sales$1962
Show the figures
YearMedian pricePer sq ftSales
2022$1,632,500$1,558 psf4
2023$2,380,000$1,548 psf5
2024$2,452,500$1,575 psf4
2025$1,450,000$1,650 psf7
2026$1,800,000$1,962 psf3

What it rents for

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

Median rent per sq ft
$4.83
A month. Middle half of contracts ran $4.60 to $5.00.
Gross yield
3.63%
A year of median rent against the median sale price.
Median sale per sq ft
$1,598 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 D01

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.