D03 Queenstown

THE METROPOLITAN CONDOMINIUM

ALEXANDRA VIEW · District 03 · 99 yrs lease commencing from 2006

Median Price

S$2.2M

83 transactions

Price Range

S$1.2M - S$4.9M

Tenure

Leasehold

99 yrs lease commencing from 2

Avg Rent

S$5.23 psf

per month

THE METROPOLITAN CONDOMINIUM Price Analysis

THE METROPOLITAN CONDOMINIUM is a leasehold development on ALEXANDRA VIEW in District 03 (Queenstown). According to URA transaction records, 83 private residential transactions have been recorded at this development, with a median price of S$2,238,000. Prices range from S$1.2M for the smallest units to S$4.9M for premium configurations.

The development offers units across 5 size categories. The most traded segment is 1-bed (50-70 sqm) at a median of S$1,439,944. Larger units (5+ bed (170+ sqm)) trade at S$3,265,000, reflecting the premium for additional space.

Floor level significantly impacts pricing at THE METROPOLITAN CONDOMINIUM. High-floor units (36-40) command a median of S$2,850,000, while low-floor units (31-35) sell for S$1,944,444. That is a 47% premium for higher floors, worth S$906K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.

On the rental side, THE METROPOLITAN CONDOMINIUM commands an average of S$5.23 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 2.4%.

Price Trend

Median transaction price by contract month.

Source: URA Private Residential Property Transactions

Price by Floor Level

36-40

S$2.9M

5 txns

01-05

S$2.5M

7 txns

26-30

S$2.5M

13 txns

11-15

S$2.3M

18 txns

16-20

S$2.2M

11 txns

06-10

S$2.1M

5 txns

21-25

S$2.0M

8 txns

41-45

S$1.9M

10 txns

31-35

S$1.9M

6 txns

Price by Unit Size

Size Band	Median Price	Avg Size	Transactions
1-Bed (50-70 sqm)	S$1.4M	67 sqm	2
2-Bed (70-100 sqm)	S$1.5M	85 sqm	30
3-Bed (100-130 sqm)	S$2.6M	123 sqm	8
4-Bed (130-170 sqm)	S$2.6M	144 sqm	38
5+ Bed (170+ sqm)	S$3.3M	211 sqm	5

Current Listings

2-Bed sale

David Chandra · PROPNEX REALTY PTE. LTD.

S$2.2M

FAQ

What is the average price of THE METROPOLITAN CONDOMINIUM?

The median transaction price at THE METROPOLITAN CONDOMINIUM is S$2,238,000, based on 83 URA-recorded transactions. Prices range from S$1.2M to S$4.9M.

Does floor level affect prices at THE METROPOLITAN CONDOMINIUM?

Yes. High-floor units (36-40) sell for a median of S$2,850,000, while low-floor units (31-35) sell for S$1,944,444. That is a 47% premium for higher floors.

What is the rental rate at THE METROPOLITAN CONDOMINIUM?

The average rental rate at THE METROPOLITAN CONDOMINIUM is approximately S$5.23 per square foot per month, based on URA median rental data.

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