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Condo prices · D07

The Plaza

Beach Road · D07 · Core central region · Apartment

The median sale at The Plaza was $951,368 — $1,262 psf — across 29 transactions between Oct 2021 and May 2026. 99-year lease from 1968.

Median price
$951,368
29 sales in the window.
Median per sq ft
$1,262 psf
Median unit 807 sq ft.
Lease remaining
41 years
99-year lease from 1968

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
$1,934
$951,368 over 41 years remaining.
Per sq ft per year
$28.74
What a square foot of this development costs for one year of lease.
Lease expires
2067
59 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

Too few sales in one or both ends of the window to quote a change, so the years are given as they are.

  • 2021four sales$1167
  • 2022five sales$1294
  • 2023four sales$1340
  • 2024seven sales$1334
  • 2025six sales$1214
  • 2026three sales$1214
Show the figures
YearMedian pricePer sq ftSales
2021$847,500$1,167 psf4
2022$930,000$1,294 psf5
2023$1,075,000$1,340 psf4
2024$1,020,000$1,334 psf7
2025$920,684$1,214 psf6
2026$975,000$1,214 psf3

What it rents for

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

Median rent per sq ft
$5.61
A month. Middle half of contracts ran $4.83 to $6.06.
Gross yield
5.33%
A year of median rent against the median sale price.
Median sale per sq ft
$1,262 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 D07

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.