The Metropolitan Condominium
Alexandra View · D03 · Rest of central region · Condominium
The median sale at The Metropolitan Condominium was $2,480,000 — $1,772 psf — across 79 transactions between Oct 2021 and Aug 2026. 99-year lease from 2006.
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 up 29 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.
- 2021five sales$1564
- 202214 sales$1633
- 202316 sales$1735
- 202417 sales$1772
- 202517 sales$1928
- 202610 sales$2019
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2021 | $2,160,000 | $1,564 psf | 5 |
| 2022 | $2,025,000 | $1,633 psf | 14 |
| 2023 | $2,525,000 | $1,735 psf | 16 |
| 2024 | $2,560,000 | $1,772 psf | 17 |
| 2025 | $2,615,000 | $1,928 psf | 17 |
| 2026 | $2,809,000 | $2,019 psf | 10 |
What it rents for
URA’s median of rental contracts lodged at The Metropolitan Condominium 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 D03
- Stirling Residences · $2,315 psf
- Promenade Peak · $2,948 psf
- Zyon Grand · $3,052 psf
- Avenue South Residence · $2,306 psf
- Commonwealth Towers · $2,131 psf
- Queens Peak · $2,179 psf
- Echelon · $2,143 psf
- The Crest · $1,962 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.