D04 Harbourfront

CAPE ROYALE

COVE WAY · District 04 · 99 yrs lease commencing from 2008

Median Price

S$5.5M

115 transactions

Price Range

S$3.5M - S$11.0M

Tenure

Leasehold

99 yrs lease commencing from 2

Avg Rent

S$5.87 psf

per month

CAPE ROYALE Price Analysis

CAPE ROYALE is a leasehold development on COVE WAY in District 04 (Harbourfront). According to URA transaction records, 115 private residential transactions have been recorded at this development, with a median price of S$5,472,000. Prices range from S$3.5M for the smallest units to S$11.0M for premium configurations.

The development offers units across 2 size categories. The most traded segment is 4-bed (130-170 sqm) at a median of S$3,633,700.

Floor level significantly impacts pricing at CAPE ROYALE. High-floor units (16-20) command a median of S$5,980,700, while low-floor units (11-15) sell for S$4,300,000. That is a 39% premium for higher floors, worth S$1.7M in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.

On the rental side, CAPE ROYALE commands an average of S$5.87 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 1.1%.

Price Trend

Median transaction price by contract month.

Source: URA Private Residential Property Transactions

Price by Floor Level

16-20

S$6.0M

23 txns

06-10

S$5.5M

34 txns

01-05

S$5.4M

12 txns

11-15

S$4.3M

46 txns

Price by Unit Size

Size Band	Median Price	Avg Size	Transactions
4-Bed (130-170 sqm)	S$3.6M	158 sqm	26
5+ Bed (170+ sqm)	S$5.5M	234 sqm	89

Current Listings

4-Bed sale

Vivian Chua · PROPNEX REALTY PTE. LTD.

S$6.8M

3-Bed sale

Yong Kin Kock · PROPNEX REALTY PTE. LTD.

S$3.5M

FAQ

What is the average price of CAPE ROYALE?

The median transaction price at CAPE ROYALE is S$5,472,000, based on 115 URA-recorded transactions. Prices range from S$3.5M to S$11.0M.

Does floor level affect prices at CAPE ROYALE?

Yes. High-floor units (16-20) sell for a median of S$5,980,700, while low-floor units (11-15) sell for S$4,300,000. That is a 39% premium for higher floors.

What is the rental rate at CAPE ROYALE?

The average rental rate at CAPE ROYALE is approximately S$5.87 per square foot per month, based on URA median rental data.

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