The Bencoolen
Bencoolen Street · D07 · Rest of central region · Apartment
The median sale at The Bencoolen was $1,500,000 — $1,612 psf — across 77 transactions between Nov 2021 and Oct 2026. 99-year lease from 1995.
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.
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
Too few sales in one or both ends of the window to quote a change, so the years are given as they are.
- 2021one sale$1348
- 2022four sales$1422
- 202358 sales$1610
- 2024two sales$1630
- 2025six sales$1600
- 2026six sales$1675
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2021 | $1,190,000 | $1,348 psf | 1 |
| 2022 | $1,340,000 | $1,422 psf | 4 |
| 2023 | $1,609,550 | $1,610 psf | 58 |
| 2024 | $1,439,000 | $1,630 psf | 2 |
| 2025 | $1,446,500 | $1,600 psf | 6 |
| 2026 | $1,529,000 | $1,675 psf | 6 |
What it rents for
URA’s median of rental contracts lodged at The Bencoolen 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 D07
- Aurea · $2,869 psf
- Duo Residences · $2,197 psf
- City Gate · $2,106 psf
- Concourse Skyline · $1,949 psf
- The M · $2,742 psf
- Midtown Modern · $2,910 psf
- Midtown Bay · $3,285 psf
- Southbank · $1,879 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.