The Richmond
St. Michael's Road · D12 · Rest of central region · Apartment
The median sale at The Richmond was $1,840,000 — $1,470 psf — across seven transactions between Oct 2022 and July 2025. Freehold.
Figures here are based on just seven sales, which is too few to call a market rate.
The Richmond 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
The Richmond is freehold, so there is no lease to divide by and no expiry to discount towards. That is the whole of what a buyer is paying the freehold premium for. It runs about a tenth over leasehold on resales in the core central region and in the suburbs, and the city fringe reads the other way. Why that is, and why the national figure is bigger and worse.
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.
- 2022two sales$1332
- 2023two sales$1447
- 2024two sales$1543
- 2025one sale$1562
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2022 | $1,880,000 | $1,332 psf | 2 |
| 2023 | $1,815,000 | $1,447 psf | 2 |
| 2024 | $1,910,000 | $1,543 psf | 2 |
| 2025 | $1,950,000 | $1,562 psf | 1 |
Other developments in D12
- Eight Riversuites · $1,745 psf
- Gem Residences · $1,876 psf
- The Arcady At Boon Keng · $2,597 psf
- The Orie · $2,722 psf
- Trevista · $1,769 psf
- Riverbay · $1,548 psf
- Okio · $1,748 psf
- Oleander Towers · $1,441 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.