CITY GATE
BEACH ROAD · District 07 · 99 yrs lease commencing from 2014
Median Price
S$1.5M
Price Range
S$840K - S$3.4M
Tenure
Leasehold
Avg Rent
S$5.84 psf
CITY GATE Price Analysis
CITY GATE is a leasehold development on BEACH ROAD in District 07 (Golden Mile). According to URA transaction records, 86 private residential transactions have been recorded at this development, with a median price of S$1,465,000. Prices range from S$840K for the smallest units to S$3.4M for premium configurations.
The development offers units across 4 size categories. The most traded segment is studio (<50 sqm) at a median of S$970,000. Larger units (4-bed (130-170 sqm)) trade at S$3,260,800, reflecting the premium for additional space.
Floor level significantly impacts pricing at CITY GATE. High-floor units (26-30) command a median of S$1,565,000, while low-floor units (11-15) sell for S$1,400,000. That is a 12% premium for higher floors, worth S$165K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.
On the rental side, CITY GATE commands an average of S$5.84 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 4.1%.
Price Trend
Median transaction price by contract month.
Source: URA Private Residential Property Transactions
Price by Floor Level
Price by Unit Size
| Size Band | Median Price | Avg Size | Transactions |
|---|---|---|---|
| Studio (<50 sqm) | S$970K | 42 sqm | 13 |
| 1-Bed (50-70 sqm) | S$1.4M | 61 sqm | 44 |
| 2-Bed (70-100 sqm) | S$1.6M | 78 sqm | 26 |
| 4-Bed (130-170 sqm) | S$3.3M | 147 sqm | 3 |
FAQ
What is the average price of CITY GATE?
The median transaction price at CITY GATE is S$1,465,000, based on 86 URA-recorded transactions. Prices range from S$840K to S$3.4M.
Does floor level affect prices at CITY GATE?
Yes. High-floor units (26-30) sell for a median of S$1,565,000, while low-floor units (11-15) sell for S$1,400,000. That is a 12% premium for higher floors.
What is the rental rate at CITY GATE?
The average rental rate at CITY GATE is approximately S$5.84 per square foot per month, based on URA median rental data.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.