D03 Queenstown

ARTRA

ALEXANDRA VIEW · District 03 · 99 yrs lease commencing from 2016

Median Price

S$2.0M

74 transactions

Price Range

S$1.5M - S$3.3M

Tenure

Leasehold

99 yrs lease commencing from 2

Avg Rent

S$7.12 psf

per month

ARTRA Price Analysis

ARTRA is a leasehold development on ALEXANDRA VIEW in District 03 (Queenstown). According to URA transaction records, 74 private residential transactions have been recorded at this development, with a median price of S$1,980,000. Prices range from S$1.5M for the smallest units to S$3.3M for premium configurations.

The development offers units across 3 size categories. The most traded segment is 2-bed (70-100 sqm) at a median of S$1,918,000. Larger units (4-bed (130-170 sqm)) trade at S$3,095,000, reflecting the premium for additional space.

Floor level significantly impacts pricing at ARTRA. High-floor units (31-35) command a median of S$2,644,000, while low-floor units (16-20) sell for S$1,827,000. That is a 45% premium for higher floors, worth S$817K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.

On the rental side, ARTRA commands an average of S$7.12 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 3.7%.

Price Trend

Median transaction price by contract month.

Source: URA Private Residential Property Transactions

Price by Floor Level

31-35

S$2.6M

14 txns

36-40

S$2.5M

10 txns

41-45

S$2.4M

4 txns

26-30

S$2.1M

9 txns

21-25

S$1.9M

7 txns

11-15

S$1.9M

9 txns

06-10

S$1.8M

11 txns

16-20

S$1.8M

10 txns

Price by Unit Size

Size Band	Median Price	Avg Size	Transactions
2-Bed (70-100 sqm)	S$1.9M	81 sqm	53
3-Bed (100-130 sqm)	S$2.8M	111 sqm	19
4-Bed (130-170 sqm)	S$3.1M	131 sqm	2

Current Listings

2-Bed sale

Idy Tee · ERA REALTY NETWORK PTE LTD

S$2.2M

3-Bed sale

Kelvin Ho · ERA REALTY NETWORK PTE LTD

S$3.0M

FAQ

What is the average price of ARTRA?

The median transaction price at ARTRA is S$1,980,000, based on 74 URA-recorded transactions. Prices range from S$1.5M to S$3.3M.

Does floor level affect prices at ARTRA?

Yes. High-floor units (31-35) sell for a median of S$2,644,000, while low-floor units (16-20) sell for S$1,827,000. That is a 45% premium for higher floors.

What is the rental rate at ARTRA?

The average rental rate at ARTRA is approximately S$7.12 per square foot per month, based on URA median rental data.

Source: URA Private Residential Property Transactions. Analysis by FairComparisons.