Southbank
Located in District 7 (Middle Road, Golden Mile), Southbank is a 99-year leasehold condominium in the Rest of Central Region (RCR). Completed in 2009, the development comprises 197 units, on a lease that commenced in 2006. Sale and rental figures on this page are compiled from URA transaction records.
SOUTHBANK
Over the 12 months to Jul 2026, Southbank recorded 9 resale transactions at a median $1,923 psf (median price $1,800,000), and 68 rental contracts at a median $5,075/mo, a gross rental yield of 3.4%. Source: URA caveat data, as of Jul 2026.
Southbank's median of $1,923 psf over the trailing 12 months places its pricing below roughly 53% of District 7 condos; resale liquidity has been moderate with 9 caveats lodged; the 3.4% gross rental yield sits above 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 |
|---|---|---|---|---|---|
| Jul-26 | $990,000 | $1,672 psf | 592 sqft | 11 to 15 | 1BR |
| Jun-26 | $1,800,000 | $1,879 psf | 958 sqft | 21 to 25 | 3BR |
| May-26 | $1,850,000 | $2,046 psf | 904 sqft | 31 to 35 | 2BR |
| Apr-26 | $1,800,000 | $1,879 psf | 958 sqft | 26 to 30 | 3BR |
| Feb-26 | $1,872,888 | $1,955 psf | 958 sqft | 11 to 15 | 3BR |
| Nov-25 | $1,200,000 | $1,956 psf | 614 sqft | 26 to 30 | 1BR |
| Oct-25 | $2,700,000 | $2,056 psf | 1,313 sqft | 26 to 30 | 3BR |
| Sep-25 | $2,490,000 | $1,896 psf | 1,313 sqft | 26 to 30 | 3BR |
Can I afford Southbank?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $1,800,000.
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.