We track 87 sales and 714 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the CITY GATE dashboard.
- Average sale price: $1,455,110 across 87 transactions
- Estimated gross rental yield: 2.8%
- District 7 PSF ranking: Above average (top 41%)
- 99 yrs lease commencing from 2014 · RCR · D7 · 311 units
About CITY GATE
CITY GATE is a 99 yrs lease commencing from 2014 condominium, located at BEACH ROAD in District 7 (Middle Road, Golden Mile) (Rest of Central Region), developed by BAYFRONT VENTURES PTE LTD, comprising 311 residential units, completed in 2018.
With approximately 87 years remaining on its 99-year lease, the property qualifies for full bank financing and CPF usage.
Unit Mix Distribution
Transaction data breakdown by bedroom type at CITY GATE:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 13 | $2,124 psf | $958,521 |
| 1 BR | 37 | $2,099 psf | $1,362,351 |
| 2 BR | 33 | $1,995 psf | $1,595,546 |
| 3 BR | 1 | $1,483 psf | $1,580,000 |
| 4 BR | 3 | $2,003 psf | $3,164,600 |
Sales Market Overview
CITY GATE has recorded 87 sale transactions with an average transaction price of $1,455,110, ranging from $840,000 to $3,383,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 13 | $1,894 psf | $1,336,309 | — |
| 2022 | 17 | $2,019 psf | $1,398,228 | ↑ 6.6% |
| 2023 | 9 | $2,036 psf | $1,589,533 | ↑ 0.8% |
| 2024 | 19 | $2,079 psf | $1,357,421 | ↑ 2.2% |
| 2025 | 20 | $2,141 psf | $1,619,150 | ↑ 2.9% |
| 2026 | 9 | $2,108 psf | $1,441,432 | ↓ 1.5% |
CITY GATE ranks in the top 41% of condos in District 7 by average PSF.
Compared to the RCR average of $2,049 psf, CITY GATE trades 0.2% above the segment benchmark.
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Rental Market Overview
CITY GATE has recorded 714 rental transactions with monthly rents averaging $3,359/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 1 | $9,600/mo | $9,600/mo | $9,600/mo |
| 1 BR | 153 | $3,213/mo | $2,200/mo | $4,350/mo |
| 2 BR | 471 | $3,182/mo | $1,400/mo | $5,950/mo |
| 3 BR | 79 | $3,989/mo | $1,800/mo | $6,800/mo |
| 4 BR | 10 | $8,300/mo | $6,500/mo | $9,500/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 188 | $2,802/mo |
| 2022 | 182 | $3,192/mo |
| 2023 | 109 | $4,037/mo |
| 2024 | 94 | $3,581/mo |
| 2025 | 108 | $3,697/mo |
| 2026 | 33 | $3,475/mo |
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Investment Analysis
Based on average rents and sale prices, CITY GATE delivers an estimated gross rental yield of 2.8%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 7
Side-by-side comparison against the most actively traded condos in District 7 (Middle Road, Golden Mile):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| MIDTOWN MODERN | 99 yrs lease commencing from 2019 | 558 | $2,838 psf | 583 |
| THE M | 99 yrs lease commencing from 2019 | 522 | $2,755 psf | 135 |
| DUO RESIDENCES | 99 yrs lease commencing from 2011 | 660 | $2,203 psf | 99 |
| MIDTOWN BAY | 99 yrs lease commencing from 2018 | 219 | $3,222 psf | 92 |
| CONCOURSE SKYLINE | 99 yrs lease commencing from 2008 | 360 | $1,961 psf | 92 |
Location Map
Map shows CITY GATE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- CITY GATE
- Nicoll Highway MRT
- Lavender MRT
- Bugis MRT
- Bugis MRT
- Jalan Besar MRT
- St. Andrew'
- St. Andrew'
- St. Andrew'
Nearby MRT Stations
CITY GATE is 330m from Nicoll Highway MRT (Circle Line), with 15 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Nicoll Highway | CC5 | Circle Line | 330m |
| Lavender | EW11 | East-West Line | 560m |
| Bugis | EW12 | East-West Line | 720m |
| Bugis | DT14 | Downtown Line | 720m |
| Jalan Besar | DT22 | Downtown Line | 830m |
| Promenade | CC4 | Circle Line | 1.0 km |
| Promenade | DT15 | Downtown Line | 1.0 km |
| Rochor | DT13 | Downtown Line | 1.1 km |
Nearby Schools
There are 9 schools within 2 km of CITY GATE, including 3 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| St. Andrew's Junior School | Primary | 550m |
| St. Andrew's Secondary School | Secondary | 600m |
| St. Andrew's Junior College | Jc | 600m |
| Nanyang Academy of Fine Arts | Tertiary | 1.2 km |
| LASALLE College of the Arts | Tertiary | 1.2 km |
| School of the Arts | Jc | 1.3 km |
| Farrer Park Primary School | Primary | 1.4 km |
| Singapore Management University | Tertiary | 1.5 km |
| Hong Wen School | Primary | 1.6 km |
FAQ
What is the average price for CITY GATE?
What is the rental yield for CITY GATE?
Is CITY GATE freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 87 transactions analysed
- Rental data: 714 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for CITY GATE
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.