The Summit
Upper East Coast Road · D16 · Outside central region · Condominium
The median sale at The Summit was $2,177,500 — $1,737 psf — across 26 transactions between Aug 2022 and Oct 2026. Freehold.
What it costs per month of lease
The Summit 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
The median moved up 30 per cent a square foot between 2022 and 2026. The sale count beside each year is how much evidence that year rests on.
- 2022six sales$1554
- 2023six sales$1606
- 2024two sales$1789
- 2025seven sales$1786
- 2026five sales$2026
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2022 | $2,016,500 | $1,554 psf | 6 |
| 2023 | $2,015,000 | $1,606 psf | 6 |
| 2024 | $2,215,000 | $1,789 psf | 2 |
| 2025 | $2,400,000 | $1,786 psf | 7 |
| 2026 | $2,550,000 | $2,026 psf | 5 |
What it rents for
URA’s median of rental contracts lodged at The Summit 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 D16
- Pinery Residences · $2,548 psf
- Vela Bay · $2,867 psf
- The Bayshore · $1,302 psf
- Eco · $1,484 psf
- The Glades · $1,646 psf
- Urban Vista · $1,541 psf
- Grandeur Park Residences · $1,906 psf
- Archipelago · $1,481 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.