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Condo prices · D20

Thomson Grand

Sin Ming Walk · D20 · Rest of central region · Condominium, Strata Terrace

The median sale at Thomson Grand was $2,400,000 — $1,675 psf — across 112 transactions between Oct 2021 and Aug 2026. 99-year lease from 2010.

Median price
$2,400,000
112 sales in the window.
Median per sq ft
$1,675 psf
Median unit 1,367 sq ft.
Lease remaining
83 years
99-year lease from 2010

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
$2,410
$2,400,000 over 83 years remaining.
Per sq ft per year
$21.15
What a square foot of this development costs for one year of lease.
Lease expires
2109
16 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 17 per cent a square foot between 2021 and 2026. The sale count beside each year is how much evidence that year rests on.

  • 2021five sales$1588
  • 202231 sales$1555
  • 202322 sales$1633
  • 202415 sales$1781
  • 202523 sales$1775
  • 202616 sales$1851
Show the figures
YearMedian pricePer sq ftSales
2021$2,650,000$1,588 psf5
2022$2,100,000$1,555 psf31
2023$2,200,000$1,633 psf22
2024$2,480,000$1,781 psf15
2025$2,470,000$1,775 psf23
2026$2,576,500$1,851 psf16

What it rents for

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

Median rent per sq ft
$4.18
A month. Middle half of contracts ran $4.02 to $4.22.
Gross yield
2.99%
A year of median rent against the median sale price.
Median sale per sq ft
$1,675 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 D20

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.