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Condo prices · D18

The Alps Residences

Tampines Street 86 · D18 · Outside central region · Condominium

The median sale at The Alps Residences was $1,000,000 — $1,452 psf — across 204 transactions between Oct 2021 and Sept 2026. 99-year lease from 2015.

Median price
$1,000,000
204 sales in the window.
Median per sq ft
$1,452 psf
Median unit 700 sq ft.
Lease remaining
88 years
99-year lease from 2015

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
$947
$1,000,000 over 88 years remaining.
Per sq ft per year
$16.24
What a square foot of this development costs for one year of lease.
Lease expires
2114
11 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
Sub-sale$856,000$1,293 psf26
Resale$1,017,500$1,465 psf178

Year by year

The median moved up 18 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.

  • 202112 sales$1277
  • 202246 sales$1334
  • 202338 sales$1408
  • 202430 sales$1494
  • 202546 sales$1517
  • 202632 sales$1505
Show the figures
YearMedian pricePer sq ftSales
2021$864,000$1,277 psf12
2022$900,000$1,334 psf46
2023$977,500$1,408 psf38
2024$1,320,000$1,494 psf30
2025$1,057,500$1,517 psf46
2026$1,027,500$1,505 psf32

What it rents for

URA’s median of rental contracts lodged at The Alps Residences in 2026Q3, per square foot per month.

Median rent per sq ft
$5.22
A month. Middle half of contracts ran $4.93 to $5.65.
Gross yield
4.32%
A year of median rent against the median sale price.
Median sale per sq ft
$1,452 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 D18

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.