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Condo prices · D15

The Sovereign

Meyer Road · D15 · Rest of central region · Condominium

The median sale at The Sovereign was $6,500,000 — $2,465 psf — across 11 transactions between Dec 2021 and April 2026. Freehold.

Figures here are based on 11 sales.

Median price
$6,500,000
11 sales in the window.
Median per sq ft
$2,465 psf
Median unit 2,637 sq ft.
Lease remaining
Freehold
Freehold

The Sovereign saw one sale 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 Sovereign 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.

  • 2021one sale$2215
  • 2023two sales$2332
  • 2024three sales$2602
  • 2025four sales$2398
  • 2026one sale$2579
Show the figures
YearMedian pricePer sq ftSales
2021$5,840,000$2,215 psf1
2023$6,150,000$2,332 psf2
2024$8,600,000$2,602 psf3
2025$7,100,000$2,398 psf4
2026$6,800,000$2,579 psf1

Other developments in D15

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.