Skip to content
dailystudysgDaily Study SG

Condo prices · D18

The Santorini

Tampines Street 86 · D18 · Outside central region · Condominium

The median sale at The Santorini was $1,120,000 — $1,381 psf — across 186 transactions between Oct 2021 and Oct 2026. 99-year lease from 2013.

Median price
$1,120,000
186 sales in the window.
Median per sq ft
$1,381 psf
Median unit 845 sq ft.
Lease remaining
86 years
99-year lease from 2013

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
$1,085
$1,120,000 over 86 years remaining.
Per sq ft per year
$15.41
What a square foot of this development costs for one year of lease.
Lease expires
2112
13 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 27 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.

  • 202111 sales$1181
  • 202256 sales$1241
  • 202330 sales$1391
  • 202430 sales$1410
  • 202530 sales$1463
  • 202629 sales$1506
Show the figures
YearMedian pricePer sq ftSales
2021$858,000$1,181 psf11
2022$987,500$1,241 psf56
2023$1,297,500$1,391 psf30
2024$1,105,000$1,410 psf30
2025$1,279,000$1,463 psf30
2026$1,180,000$1,506 psf29

What it rents for

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

Median rent per sq ft
$4.93
A month. Middle half of contracts ran $4.74 to $5.63.
Gross yield
4.29%
A year of median rent against the median sale price.
Median sale per sq ft
$1,381 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 D18

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.