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Condo prices · D10

Spring Grove

Grange Road · D10 · Core central region · Condominium

The median sale at Spring Grove was $2,290,000 — $1,757 psf — across 72 transactions between Oct 2021 and Oct 2026. 99-year lease from 1991.

Median price
$2,290,000
72 sales in the window.
Median per sq ft
$1,757 psf
Median unit 1,389 sq ft.
Lease remaining
64 years
99-year lease from 1991

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
$2,982
$2,290,000 over 64 years remaining.
Per sq ft per year
$25.77
What a square foot of this development costs for one year of lease.
Lease expires
2090
35 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

The median moved up 13 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.

  • 2021five sales$1599
  • 202213 sales$1730
  • 202314 sales$1745
  • 202415 sales$1800
  • 2025nine sales$1779
  • 202616 sales$1814
Show the figures
YearMedian pricePer sq ftSales
2021$2,200,000$1,599 psf5
2022$2,185,000$1,730 psf13
2023$2,407,500$1,745 psf14
2024$2,450,000$1,800 psf15
2025$1,880,000$1,779 psf9
2026$2,395,000$1,814 psf16

What it rents for

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

Median rent per sq ft
$4.96
A month. Middle half of contracts ran $4.72 to $5.25.
Gross yield
3.39%
A year of median rent against the median sale price.
Median sale per sq ft
$1,757 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 D10

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.