The Atelier
Makeway Avenue · D09 · Core central region · Apartment
The median sale at The Atelier was $2,403,120 — $2,681 psf — across 121 transactions between Nov 2021 and May 2026. Freehold.
What it costs per month of lease
The Atelier 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 sale | Median price | Per sq ft | Sales |
|---|---|---|---|
| New sale | $2,392,890 | $2,681 psf | 117 |
| Sub-sale | $2,965,000 | $2,822 psf | 4 |
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.
- 2021four sales$2661
- 202213 sales$2600
- 2023100 sales$2691
- 2025one sale$2966
- 2026three sales$2678
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2021 | $2,901,500 | $2,661 psf | 4 |
| 2022 | $2,968,000 | $2,600 psf | 13 |
| 2023 | $2,379,405 | $2,691 psf | 100 |
| 2025 | $3,480,000 | $2,966 psf | 1 |
| 2026 | $2,450,000 | $2,678 psf | 3 |
What it rents for
URA’s median of rental contracts lodged at The Atelier in 2026Q3, per square foot per month.
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 D09
- River Modern · $3,231 psf
- Martin Modern · $2,728 psf
- Oue Twin Peaks · $2,244 psf
- Sophia Hills · $2,096 psf
- The Robertson Opus · $3,362 psf
- Kopar At Newton · $2,531 psf
- River Green · $3,132 psf
- Irwell Hill Residences · $2,896 psf
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.