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FairComparisons
D03 Queenstown

ECHELON

ALEXANDRA VIEW · District 03 · 99 yrs lease commencing from 2012

Median Price

S$1.7M

138 transactions

Price Range

S$845K - S$5.5M

Tenure

Leasehold

99 yrs lease commencing from 2

Avg Rent

S$6.80 psf

per month

ECHELON Price Analysis

ECHELON is a leasehold development on ALEXANDRA VIEW in District 03 (Queenstown). According to URA transaction records, 138 private residential transactions have been recorded at this development, with a median price of S$1,700,000. Prices range from S$845K for the smallest units to S$5.5M for premium configurations.

The development offers units across 6 size categories. The most traded segment is studio (<50 sqm) at a median of S$941,500. Larger units (5+ bed (170+ sqm)) trade at S$5,500,000, reflecting the premium for additional space.

Floor level significantly impacts pricing at ECHELON. High-floor units (26-30) command a median of S$2,449,000, while low-floor units (16-20) sell for S$1,437,500. That is a 70% premium for higher floors, worth S$1.0M in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.

On the rental side, ECHELON commands an average of S$6.80 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

26-30
S$2.4M
8 txns
11-15
S$1.9M
9 txns
21-25
S$1.9M
18 txns
36-40
S$1.8M
23 txns
31-35
S$1.8M
23 txns
41-45
S$1.7M
5 txns
06-10
S$1.6M
26 txns
01-05
S$1.6M
14 txns
16-20
S$1.4M
12 txns

Price by Unit Size

Size BandMedian PriceAvg SizeTransactions
Studio (<50 sqm)S$942K42 sqm26
1-Bed (50-70 sqm)S$1.6M68 sqm47
2-Bed (70-100 sqm)S$1.9M86 sqm32
3-Bed (100-130 sqm)S$2.6M120 sqm12
4-Bed (130-170 sqm)S$2.9M142 sqm20
5+ Bed (170+ sqm)S$5.5M376 sqm1

Current Listings

2-Bed sale

Axel Ong · PROPNEX REALTY PTE. LTD.

S$1.7M

2-Bed sale

Hani Lim · HM REALTY PTE LTD

S$1.7M

FAQ

What is the average price of ECHELON?

The median transaction price at ECHELON is S$1,700,000, based on 138 URA-recorded transactions. Prices range from S$845K to S$5.5M.

Does floor level affect prices at ECHELON?

Yes. High-floor units (26-30) sell for a median of S$2,449,000, while low-floor units (16-20) sell for S$1,437,500. That is a 70% premium for higher floors.

What is the rental rate at ECHELON?

The average rental rate at ECHELON is approximately S$6.80 per square foot per month, based on URA median rental data.

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