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Condo prices · D04

The Interlace

Depot Road · D04 · Rest of central region · Condominium

The median sale at The Interlace was $2,588,888 — $1,595 psf — across 201 transactions between Oct 2021 and Oct 2026. 99-year lease from 2009.

Median price
$2,588,888
201 sales in the window.
Median per sq ft
$1,595 psf
Median unit 1,615 sq ft.
Lease remaining
82 years
99-year lease from 2009

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
$2,631
$2,588,888 over 82 years remaining.
Per sq ft per year
$19.55
What a square foot of this development costs for one year of lease.
Lease expires
2108
17 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 26 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.

  • 2021nine sales$1357
  • 202246 sales$1417
  • 202329 sales$1532
  • 202449 sales$1680
  • 202546 sales$1670
  • 202622 sales$1713
Show the figures
YearMedian pricePer sq ftSales
2021$2,350,000$1,357 psf9
2022$2,555,000$1,417 psf46
2023$2,435,000$1,532 psf29
2024$2,550,000$1,680 psf49
2025$3,190,000$1,670 psf46
2026$2,375,000$1,713 psf22

What it rents for

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

Median rent per sq ft
$4.93
A month. Middle half of contracts ran $4.65 to $5.23.
Gross yield
3.71%
A year of median rent against the median sale price.
Median sale per sq ft
$1,595 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 D04

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.