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Condo prices · D21

Summerlea Green

Kismis Green · D21 · Rest of central region · Terrace

The median sale at Summerlea Green was $2,800,000 — $1,517 psf of land — across five transactions between Oct 2021 and June 2025. 99-year lease from 1995.

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

Median price
$2,800,000
five sales in the window.
Median per sq ft of land
$1,517 psf
Median unit 1,679 sq ft.
Lease remaining
68 years
99-year lease from 1995

Summerlea Green 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
$3,431
$2,800,000 over 68 years remaining.
Per sq ft per year
$24.52
What a square foot of this development costs for one year of lease.
Lease expires
2094
31 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$1078
  • 2022two sales$1459
  • 2025two sales$1710
Show the figures
YearMedian pricePer sq ft of landSales
2021$2,800,000$1,078 psf1
2022$2,765,000$1,459 psf2
2025$2,815,000$1,710 psf2

Other landed housing in D21

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.