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FairComparisons
D03 Queenstown

CENTRAL GREEN CONDOMINIUM

JALAN MEMBINA · District 03 · 99 yrs lease commencing from 1992

Median Price

S$2.0M

51 transactions

Price Range

S$1.3M - S$2.8M

Tenure

Leasehold

99 yrs lease commencing from 1

Avg Rent

S$4.61 psf

per month

CENTRAL GREEN CONDOMINIUM Price Analysis

CENTRAL GREEN CONDOMINIUM is a leasehold development on JALAN MEMBINA in District 03 (Queenstown). According to URA transaction records, 51 private residential transactions have been recorded at this development, with a median price of S$2,050,000. Prices range from S$1.3M for the smallest units to S$2.8M 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$1,500,000. Larger units (4-bed (130-170 sqm)) trade at S$2,350,000, reflecting the premium for additional space.

Floor level significantly impacts pricing at CENTRAL GREEN CONDOMINIUM. High-floor units (21-25) command a median of S$2,780,000, while low-floor units (16-20) sell for S$1,898,000. That is a 46% premium for higher floors, worth S$882K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.

On the rental side, CENTRAL GREEN CONDOMINIUM commands an average of S$4.61 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 2.3%.

Price Trend

Median transaction price by contract month.

Source: URA Private Residential Property Transactions

Price by Floor Level

21-25
S$2.8M
1 txns
11-15
S$2.3M
5 txns
06-10
S$2.1M
15 txns
01-05
S$2.0M
23 txns
16-20
S$1.9M
7 txns

Price by Unit Size

Size BandMedian PriceAvg SizeTransactions
2-Bed (70-100 sqm)S$1.5M84 sqm9
3-Bed (100-130 sqm)S$2.0M120 sqm24
4-Bed (130-170 sqm)S$2.4M141 sqm18

FAQ

What is the average price of CENTRAL GREEN CONDOMINIUM?

The median transaction price at CENTRAL GREEN CONDOMINIUM is S$2,050,000, based on 51 URA-recorded transactions. Prices range from S$1.3M to S$2.8M.

Does floor level affect prices at CENTRAL GREEN CONDOMINIUM?

Yes. High-floor units (21-25) sell for a median of S$2,780,000, while low-floor units (16-20) sell for S$1,898,000. That is a 46% premium for higher floors.

What is the rental rate at CENTRAL GREEN CONDOMINIUM?

The average rental rate at CENTRAL GREEN CONDOMINIUM is approximately S$4.61 per square foot per month, based on URA median rental data.

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