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Condo prices · D15

Sycamore Tree

Fowlie Road · D15 · Rest of central region · Apartment

The median sale at Sycamore Tree was $800,000 — $1,851 psf — across 24 transactions between Feb 2023 and Sept 2026. Freehold.

Median price
$800,000
24 sales in the window.
Median per sq ft
$1,851 psf
Median unit 420 sq ft.
Lease remaining
Freehold
Freehold

What it costs per month of lease

Sycamore Tree 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.

New sales, sub-sales and resales

A new sale is bought from the developer at a list price; a resale is negotiated. The gap between them is the clearest read on how much of a launch price is the launch.

Kind of saleMedian pricePer sq ftSales
Sub-sale$802,000$1,817 psf3
Resale$800,000$1,872 psf21

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.

  • 2023two sales$1555
  • 2024nine sales$1872
  • 2025eight sales$1919
  • 2026five sales$1786
Show the figures
YearMedian pricePer sq ftSales
2023$877,500$1,555 psf2
2024$800,000$1,872 psf9
2025$758,444$1,919 psf8
2026$1,260,000$1,786 psf5

What it rents for

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

Median rent per sq ft
$6.71
A month. Middle half of contracts ran $5.96 to $7.77.
Gross yield
4.35%
A year of median rent against the median sale price.
Median sale per sq ft
$1,851 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 D15

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.