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Condo prices · D02

The Beacon

Cantonment Road · D02 · Rest of central region · Apartment

The median sale at The Beacon was $1,800,000 — $1,666 psf — across 18 transactions between April 2022 and Sept 2026. 99-year lease from 2004.

Figures here are based on 18 sales.

Median price
$1,800,000
18 sales in the window.
Median per sq ft
$1,666 psf
Median unit 1,039 sq ft.
Lease remaining
77 years
99-year lease from 2004

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
$1,948
$1,800,000 over 77 years remaining.
Per sq ft per year
$22.51
What a square foot of this development costs for one year of lease.
Lease expires
2103
22 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

The median moved up 11 per cent a square foot between 2022 and 2026. The sale count beside each year is how much evidence that year rests on.

  • 2022six sales$1644
  • 2023four sales$1635
  • 2024two sales$1654
  • 2025two sales$1831
  • 2026four sales$1822
Show the figures
YearMedian pricePer sq ftSales
2022$1,530,000$1,644 psf6
2023$2,165,000$1,635 psf4
2024$1,610,000$1,654 psf2
2025$2,060,000$1,831 psf2
2026$1,884,000$1,822 psf4

What it rents for

URA’s median of rental contracts lodged at The Beacon in 2026Q1, per square foot per month.

Median rent per sq ft
$4.85
A month. Middle half of contracts ran $4.75 to $5.14.
Gross yield
3.49%
A year of median rent against the median sale price.
Median sale per sq ft
$1,666 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 D02

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.