homequant
apartment · 198785

Southbank

Project page · 99-year lease from 2006

Indicative value range
S$1,800,000 – S$1,825,398
Indicative mid S$1,800,000 · S$1,879 psf

Based on 3 sales in this project, last 12 months. Search widened 1 of 4 steps to find enough comparable sales. See the comparable sales.

No storey entered, so sales were not adjusted for height

Comparable sales

Each price per area is scaled to Q2 2026 by the published index for the quarter it sold in.

SoldWhereFloorSizePricePer sqftIndex ×Adjusted
Jun 2026Southbank21-25958 sqftS$1,800,000S$1,879 psf×1.000S$1,879 psf
Apr 2026Southbank26-30958 sqftS$1,800,000S$1,879 psf×1.000S$1,879 psf
Feb 2026Southbank11-15958 sqftS$1,872,888S$1,955 psf×0.988S$1,932 psf

How accurate is this estimate for Southbank?

We re-ran the estimate as of Q4 2025 on what was known at the time, then compared it with the 6 sales in Southbank since.

Median error
4.4%

Half the estimates came closer than this to what the home actually fetched, half missed by more.

A thin test: 6 sales, so read the figure as a hint, not a verdict.

What the rent says

What this home earns against what it costs, set beside what homes like it earn.

3.47% gross yield

S$62,400 of rent a year against the estimate above · 0.18 points above flats like it

Leases signed here within a quarter of this size run about S$5,200 a month, the middle of 50 of them.

In the rest of the central region, leasehold flats with 70 to 79 years of lease left yield 3.29%, from 27 projects.

A yield above the mark means the flat rents well for what it costs, which can point to a keen rental patch or a price the sales alone have not caught up with. Below it, buyers are paying for something a tenant will not, such as the address itself.

Recent leases signed here

SignedSizeBedsTypeRent a month
Q3 20261300-1400 sqft3Non-landed PropertiesS$7,150
Q3 20261300-1400 sqft3Non-landed PropertiesS$7,150
Q3 20261300-1400 sqft3Non-landed PropertiesS$6,400
Q3 20261300-1400 sqft3Non-landed PropertiesS$6,400
Q3 2026900-1000 sqft2Non-landed PropertiesS$5,200
Q3 2026900-1000 sqft2Non-landed PropertiesS$5,200
Q3 2026900-1000 sqft2Non-landed PropertiesS$5,200
Q3 2026900-1000 sqft2Non-landed PropertiesS$5,200

median of 50 URA rental contracts at Southbank within a quarter of 89 sqm, since 2025Q4.

Buying or selling at S$1,800,000?

Buying: Stamp duty on S$1,800,000 · Cash and CPF needed on S$1,800,000 · How much can I borrow · Monthly repayment on a 75% loan · Property tax on this rent.

Selling: Net proceeds from selling on S$1,800,000.

Each opens with this figure filled in; change anything there.

Primary schools near 883 North Bridge Road

Measured from each school's land to this address's own point, the way MOE bands P1 priority. MOE measures to the building's outline, so near 1 km or 2 km check OneMap's School Query.

1 to 2 km

Past transactions

Recorded sales
DateDetailAreaPricePer area
Jul 2026
Southbank · 11-15 · Apartment · 79 years left
592 sqftS$990,000S$1,672 psf
Jun 2026
Southbank · 21-25 · Apartment · 79 years left
958 sqftS$1,800,000S$1,879 psf
May 2026
Southbank · 31-35 · Apartment · 79 years left
excluded: outlier
904 sqftS$1,850,000S$2,046 psf
Apr 2026
Southbank · 26-30 · Apartment · 79 years left
958 sqftS$1,800,000S$1,879 psf
Feb 2026
Southbank · 11-15 · Apartment · 79 years left
958 sqftS$1,872,888S$1,955 psf
Nov 2025
Southbank · 26-30 · Apartment · 79 years left
614 sqftS$1,200,000S$1,956 psf
Oct 2025
Southbank · 26-30 · Apartment · 79 years left
1,313 sqftS$2,700,000S$2,056 psf
Sept 2025
Southbank · 26-30 · Apartment · 79 years left
1,313 sqftS$2,490,000S$1,896 psf
Aug 2025
Southbank · 31-35 · Apartment · 79 years left
614 sqftS$1,180,000S$1,923 psf
May 2025
Southbank · 16-20 · Apartment · 80 years left
592 sqftS$1,128,000S$1,905 psf
May 2025
Southbank · 26-30 · Apartment · 80 years left
904 sqftS$1,750,000S$1,935 psf
May 2025
Southbank · 16-20 · Apartment · 80 years left
614 sqftS$1,155,000S$1,883 psf
Feb 2025
Southbank · 21-25 · Apartment · 80 years left
904 sqftS$1,720,000S$1,902 psf
Feb 2025
Southbank · 26-30 · Apartment · 80 years left
1,313 sqftS$2,520,000S$1,919 psf
Feb 2025
Southbank · 31-35 · Apartment · 80 years left
614 sqftS$1,222,000S$1,992 psf
Feb 2025
Southbank · 26-30 · Apartment · 80 years left
904 sqftS$1,736,000S$1,920 psf
Dec 2024
Southbank · 16-20 · Apartment · 80 years left
614 sqftS$1,150,000S$1,874 psf
Nov 2024
Southbank · 16-20 · Apartment · 80 years left
958 sqftS$1,800,000S$1,879 psf
Nov 2024
Southbank · 36-40 · Apartment · 80 years left
592 sqftS$1,163,000S$1,964 psf
Oct 2024
Southbank · 36-40 · Apartment · 80 years left
1,313 sqftS$2,650,000S$2,018 psf
Sept 2024
Southbank · 26-30 · Apartment · 80 years left
969 sqftS$1,843,800S$1,903 psf
Sept 2024
Southbank · 11-15 · Apartment · 80 years left
958 sqftS$1,735,000S$1,811 psf
Jul 2024
Southbank · 11-15 · Apartment · 81 years left
958 sqftS$1,750,000S$1,827 psf
Jul 2024
Southbank · 26-30 · Apartment · 81 years left
958 sqftS$1,820,000S$1,900 psf
May 2024
Southbank · 21-25 · Apartment · 81 years left
958 sqftS$1,810,000S$1,889 psf
Mar 2024
Southbank · 16-20 · Apartment · 81 years left
614 sqftS$1,152,000S$1,878 psf
Feb 2024
Southbank · 16-20 · Apartment · 81 years left
614 sqftS$1,148,000S$1,871 psf
Dec 2023
Southbank · 16-20 · Apartment · 81 years left
592 sqftS$1,090,000S$1,841 psf
Oct 2023
Southbank · 11-15 · Apartment · 81 years left
958 sqftS$1,730,000S$1,806 psf
Aug 2023
Southbank · 21-25 · Apartment · 81 years left
969 sqftS$1,748,000S$1,804 psf
Jul 2023
Southbank · 11-15 · Apartment · 82 years left
614 sqftS$1,040,000S$1,695 psf
Mar 2023
Southbank · 11-15 · Apartment · 82 years left
958 sqftS$1,700,000S$1,775 psf
Feb 2023
Southbank · 26-30 · Apartment · 82 years left
592 sqftS$1,110,000S$1,875 psf
May 2022
Southbank · 26-30 · Apartment · 83 years left
614 sqftS$1,068,000S$1,741 psf
Apr 2022
Southbank · 26-30 · Apartment · 83 years left
958 sqftS$1,700,000S$1,775 psf
Mar 2022
Southbank · 21-25 · Apartment · 83 years left
904 sqftS$1,665,000S$1,841 psf
Feb 2022
Southbank · 36-40 · Apartment · 83 years left
969 sqftS$1,738,000S$1,794 psf
Dec 2021
Southbank · 31-35 · Apartment · 83 years left
1,313 sqftS$2,250,000S$1,713 psf
Dec 2021
Southbank · 31-35 · Apartment · 83 years left
958 sqftS$1,700,000S$1,775 psf
Dec 2021
Southbank · 21-25 · Apartment · 83 years left
904 sqftS$1,600,000S$1,770 psf

Sale prices as filed in caveats.

Where the lease takes this

About 78 years of the 99-year lease remain. Every figure below lets the lease run down on the decay measured from private resales in this market, then applies the price path in that column. The paths are scenarios to choose between, not forecasts.

From nowLease leftPrices flatPrices 2% a yearPrices 4% a yearThis market's record, 4.09% a yearmeasured
5 years73 yearsS$1,706,213S$1,883,797S$2,075,869S$2,084,867
10 years68 yearsS$1,668,155S$2,033,472S$2,469,278S$2,490,730
20 years58 yearsS$1,503,889S$2,234,700S$3,295,207S$3,352,710

On a flat market the lease alone costs 16% over 20 years. Prices would need to rise about 0.9% a year to cancel that out.

The measured column repeats what this market did between Q1 2015 and Q2 2026, which was 4.09% a year. Past growth is not a promise of future growth.

Horizons we have not measured are left out rather than guessed at, so a short lease shows fewer rows.

Indicative estimate from comparable caveats. Not a formal valuation.