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Condo prices · D08

Urban Lofts

Rangoon Road · D08 · Rest of central region · Apartment

The median sale at Urban Lofts was $810,000 — $1,383 psf — across 13 transactions between Oct 2021 and Aug 2026. Freehold.

Figures here are based on 13 sales.

Median price
$810,000
13 sales in the window.
Median per sq ft
$1,383 psf
Median unit 657 sq ft.
Lease remaining
Freehold
Freehold

Urban Lofts saw two sales 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

Urban Lofts 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$1533
  • 2022three sales$1234
  • 2023five sales$1355
  • 2024one sale$1620
  • 2025one sale$1594
  • 2026two sales$1551
Show the figures
YearMedian pricePer sq ftSales
2021$660,000$1,533 psf1
2022$810,000$1,234 psf3
2023$911,000$1,355 psf5
2024$680,000$1,620 psf1
2025$1,338,000$1,594 psf1
2026$824,000$1,551 psf2

What it rents for

URA’s median of rental contracts lodged at Urban Lofts in 2026Q1, per square foot per month.

Median rent per sq ft
$6.19
A month. Middle half of contracts ran $5.47 to $6.33.
Gross yield
5.37%
A year of median rent against the median sale price.
Median sale per sq ft
$1,383 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 D08

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.