The Centrepoint
Orchard Road · D09 · Core central region · Apartment
The median sale at The Centrepoint was $2,129,120 — $2,827 psf — across 12 transactions between Jan 2023 and Nov 2024. 99-year lease from 1979.
Figures here are based on 12 sales.
The Centrepoint saw zero sales in the past 12 months. A median over that is a record of what happened, not a rate you could expect to transact at.
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
The median moved down 5 per cent a square foot between 2023 and 2024. The sale count beside each year is how much evidence that year rests on.
- 2023seven sales$2827
- 2024five sales$2693
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2023 | $2,100,000 | $2,827 psf | 7 |
| 2024 | $2,200,000 | $2,693 psf | 5 |
What it rents for
URA’s median of rental contracts lodged at The Centrepoint in 2025Q2, 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.