Commonwealth Towers
Commonwealth Towers is a 99-year leasehold condominium located in District 3 (Tiong Bahru, Queenstown), part of the Rest of Central Region (RCR). Completed in 2019, the development comprises 845 units, on a lease that commenced in 2013. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
COMMONWEALTH TOWERS
Over the 12 months to Jun 2026, Commonwealth Towers recorded 45 resale transactions at a median $2,295 psf (median price $1,575,000), and 331 rental contracts at a median $3,650/mo, a gross rental yield of 2.8%. Source: URA caveat data, as of Jun 2026.
Commonwealth Towers's median of $2,295 psf over the trailing 12 months places its pricing above roughly 59% of District 3 condos; resale liquidity has been active with 45 caveats lodged; the 2.8% gross rental yield sits below the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Jun-26 | $1,730,000 | $2,296 psf | 753 sqft | 21 to 25 | 2BR |
| Jun-26 | $2,580,000 | $2,446 psf | 1,055 sqft | 26 to 30 | 3BR |
| Jun-26 | $965,000 | $2,187 psf | 441 sqft | 26 to 30 | Studio |
| May-26 | $945,000 | $2,042 psf | 463 sqft | 11 to 15 | Studio |
| May-26 | $2,300,000 | $2,544 psf | 904 sqft | 21 to 25 | 2BR |
| Apr-26 | $1,715,000 | $2,153 psf | 797 sqft | 06 to 10 | 2BR |
| Apr-26 | $1,018,888 | $2,309 psf | 441 sqft | 41 to 45 | Studio |
| Apr-26 | $1,640,000 | $2,381 psf | 689 sqft | 31 to 35 | 1BR |
Can I afford Commonwealth Towers?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $1,575,000.
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.