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Condo prices · D15

Tembusu Grand

Jalan Tembusu · D15 · Rest of central region · Condominium

The median sale at Tembusu Grand was $2,302,000 — $2,450 psf — across 661 transactions between April 2023 and Oct 2026. 99-year lease from 2022.

Median price
$2,302,000
661 sales in the window.
Median per sq ft
$2,450 psf
Median unit 990 sq ft.
Lease remaining
95 years
99-year lease from 2022

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
$2,019
$2,302,000 over 95 years remaining.
Per sq ft per year
$24.47
What a square foot of this development costs for one year of lease.
Lease expires
2121
4 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.

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
New sale$2,300,000$2,446 psf632
Sub-sale$2,810,000$2,837 psf14
Resale$2,688,800$2,719 psf15

Year by year

The median moved up 12 per cent a square foot between 2023 and 2026. The sale count beside each year is how much evidence that year rests on.

  • 2023377 sales$2461
  • 2024205 sales$2424
  • 202546 sales$2410
  • 202633 sales$2757
Show the figures
YearMedian pricePer sq ftSales
2023$1,833,000$2,461 psf377
2024$2,816,000$2,424 psf205
2025$4,082,000$2,410 psf46
2026$2,673,000$2,757 psf33

What it rents for

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

Median rent per sq ft
$6.73
A month. Middle half of contracts ran $6.19 to $6.89.
Gross yield
3.30%
A year of median rent against the median sale price.
Median sale per sq ft
$2,450 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.