We track 47 sales and 367 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the SOUTHBANK dashboard.
- Average sale price: $1,604,164 across 47 transactions
- Estimated gross rental yield: 3.5%
- District 7 PSF ranking: Mid-range (top 53%)
- 99 yrs lease commencing from 2006 · RCR · D7 · 197 units
About SOUTHBANK
SOUTHBANK is a 99 yrs lease commencing from 2006 condominium, located at NORTH BRIDGE ROAD in District 7 (Middle Road, Golden Mile) (Rest of Central Region), developed by KINGS & QUEENS DEVELOPMENT PTE LTD, comprising 197 residential units, completed in 2009.
With approximately 79 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 SOUTHBANK:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 16 | $1,843 psf | $1,118,375 |
| 2 BR | 6 | $1,859 psf | $1,681,000 |
| 3 BR | 25 | $1,811 psf | $1,896,628 |
Sales Market Overview
SOUTHBANK has recorded 47 sale transactions with an average transaction price of $1,604,164, ranging from $1,010,000 to $2,700,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 12 | $1,680 psf | $1,542,583 | — |
| 2022 | 4 | $1,788 psf | $1,542,750 | ↑ 6.4% |
| 2023 | 6 | $1,799 psf | $1,403,000 | ↑ 0.7% |
| 2024 | 12 | $1,891 psf | $1,651,817 | ↑ 5.1% |
| 2025 | 11 | $1,935 psf | $1,709,182 | ↑ 2.3% |
| 2026 | 2 | $1,917 psf | $1,836,444 | ↓ 0.9% |
SOUTHBANK ranks in the top 53% of condos in District 7 by average PSF.
Compared to the RCR average of $2,049 psf, SOUTHBANK trades 10.8% below the segment benchmark.
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Rental Market Overview
SOUTHBANK has recorded 367 rental transactions with monthly rents averaging $4,697/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 131 | $3,566/mo | $2,650/mo | $4,700/mo |
| 2 BR | 181 | $4,818/mo | $3,500/mo | $6,800/mo |
| 3 BR | 55 | $6,991/mo | $3,950/mo | $16,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 75 | $3,805/mo |
| 2022 | 74 | $4,374/mo |
| 2023 | 69 | $5,189/mo |
| 2024 | 64 | $4,965/mo |
| 2025 | 72 | $5,181/mo |
| 2026 | 13 | $5,073/mo |
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Investment Analysis
Based on average rents and sale prices, SOUTHBANK delivers an estimated gross rental yield of 3.5%. This is above the Singapore-wide benchmark of approximately 3%.
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 SOUTHBANK (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- SOUTHBANK
- Lavender MRT
- Nicoll Highway MRT
- Bendemeer MRT
- Kallang MRT
- Jalan Besar MRT
- St. Andrew'
- St. Andrew'
- St. Andrew'
Nearby MRT Stations
SOUTHBANK is 170m from Lavender MRT (East-West Line), with 11 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Lavender | EW11 | East-West Line | 170m |
| Nicoll Highway | CC5 | Circle Line | 740m |
| Bendemeer | DT23 | Downtown Line | 870m |
| Kallang | EW10 | East-West Line | 970m |
| Jalan Besar | DT22 | Downtown Line | 980m |
| Bugis | EW12 | East-West Line | 1.1 km |
| Bugis | DT14 | Downtown Line | 1.1 km |
| Stadium | CC6 | Circle Line | 1.3 km |
Nearby Schools
There are 11 schools within 2 km of SOUTHBANK, including 3 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| St. Andrew's Junior School | Primary | 440m |
| St. Andrew's Secondary School | Secondary | 470m |
| St. Andrew's Junior College | Jc | 470m |
| Hong Wen School | Primary | 1.1 km |
| Farrer Park Primary School | Primary | 1.2 km |
| LASALLE College of the Arts | Tertiary | 1.4 km |
| Nanyang Academy of Fine Arts | Tertiary | 1.6 km |
| Bendemeer Secondary School | Secondary | 1.7 km |
| School of the Arts | Jc | 1.7 km |
| Bendemeer Primary School | Primary | 1.7 km |
| Singapore Management University | Tertiary | 1.9 km |
FAQ
What is the average price for SOUTHBANK?
What is the rental yield for SOUTHBANK?
Is SOUTHBANK 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: 47 transactions analysed
- Rental data: 367 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 SOUTHBANK
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.