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Condo prices · D28

Saraca Villas

Saraca Terrace · D28 · Outside central region · Terrace, Semi-Detached

The median sale at Saraca Villas was $2,860,888 — $1,082 psf of land — across nine transactions between Nov 2021 and June 2025. 99-year lease from 1997.

Figures here are based on just nine sales, which is too few to call a market rate.

Median price
$2,860,888
nine sales in the window.
Median per sq ft of land
$1,082 psf
Median unit 2,490 sq ft.
Lease remaining
70 years
99-year lease from 1997

Saraca Villas saw zero sales 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
$3,406
$2,860,888 over 70 years remaining.
Per sq ft per year
$16.42
What a square foot of this development costs for one year of lease.
Lease expires
2096
29 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.

  • 2021one sale$948
  • 2022two sales$1150
  • 2024five sales$1185
  • 2025one sale$1028
Show the figures
YearMedian pricePer sq ft of landSales
2021$2,938,000$948 psf1
2022$2,190,000$1,150 psf2
2024$2,860,888$1,185 psf5
2025$2,900,000$1,028 psf1

Other landed housing in D28

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.