The Wharf Residence
Tong Watt Road · D09 · Core central region · Condominium
The median sale at The Wharf Residence was $2,590,000 — $2,361 psf — across 30 transactions between Oct 2021 and Dec 2025. 999-year lease from 1841.
The Wharf Residence 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
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.
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.
- 2021one sale$2193
- 2022five sales$2158
- 2023five sales$2342
- 2024eight sales$2406
- 202511 sales$2412
Show the figures
| Year | Median price | Per sq ft | Sales |
|---|---|---|---|
| 2021 | $2,360,000 | $2,193 psf | 1 |
| 2022 | $2,260,000 | $2,158 psf | 5 |
| 2023 | $2,420,000 | $2,342 psf | 5 |
| 2024 | $2,624,444 | $2,406 psf | 8 |
| 2025 | $2,790,000 | $2,412 psf | 11 |
What it rents for
URA’s median of rental contracts lodged at The Wharf Residence 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 D09
- River Modern · $3,231 psf
- Martin Modern · $2,728 psf
- Oue Twin Peaks · $2,244 psf
- Sophia Hills · $2,096 psf
- The Robertson Opus · $3,362 psf
- Kopar At Newton · $2,531 psf
- River Green · $3,132 psf
- Irwell Hill Residences · $2,896 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.