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Condo prices · D22

The Mayfair

Jurong East Street 32 · D22 · Outside central region · Condominium

The median sale at The Mayfair was $1,300,000 — $1,125 psf — across 65 transactions between Nov 2021 and Sept 2026. 99-year lease from 1996.

Median price
$1,300,000
65 sales in the window.
Median per sq ft
$1,125 psf
Median unit 1,184 sq ft.
Lease remaining
69 years
99-year lease from 1996

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
$1,570
$1,300,000 over 69 years remaining.
Per sq ft per year
$15.91
What a square foot of this development costs for one year of lease.
Lease expires
2095
30 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 23 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.

  • 2021four sales$987
  • 202220 sales$1009
  • 2023nine sales$1092
  • 202412 sales$1198
  • 202511 sales$1251
  • 2026nine sales$1210
Show the figures
YearMedian pricePer sq ftSales
2021$1,190,000$987 psf4
2022$1,180,000$1,009 psf20
2023$1,280,000$1,092 psf9
2024$1,408,044$1,198 psf12
2025$1,460,000$1,251 psf11
2026$1,420,000$1,210 psf9

What it rents for

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

Median rent per sq ft
$3.93
A month. Middle half of contracts ran $3.84 to $4.33.
Gross yield
4.19%
A year of median rent against the median sale price.
Median sale per sq ft
$1,125 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 D22

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.