The Metropolitan Condominium

D3 (CCR) 99 yrs lease commencing from 2006

Located in District 3 (Tiong Bahru, Queenstown), The Metropolitan Condominium is a 99-year leasehold condominium in the Rest of Central Region (RCR). The development was completed in 2009 and comprises 382 units, on a lease that commenced in 2006. Sale and rental figures on this page are compiled from URA transaction records.

Private SPI 122.4 -3.51% MoM · +0.72% YoY June 2026
7.3
ShiokNest Score
Excellent
Total Units382
TOP Year2009

THE METROPOLITAN CONDOMINIUM

Total Units382
TOP Year2009
DeveloperCAPITALAND & LIPPO GROUP
Tenure99 yrs lease commencing from 2006
DistrictD3 · CCR
Median PSF · 12m$1,971 psf
Median price · 12m$2,758,000
Median Rent · 12m$6,000/mo
Gross Yield2.6%

Over the 12 months to Apr 2026, The Metropolitan Condominium recorded 15 resale transactions at a median $1,971 psf (median price $2,758,000), and 94 rental contracts at a median $6,000/mo, a gross rental yield of 2.6%. Source: URA caveat data, as of Apr 2026.

The Metropolitan Condominium's median of $1,971 psf over the trailing 12 months places its pricing below roughly 68% of District 3 condos; resale liquidity has been moderate with 15 caveats lodged; the 2.6% 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.

Recent transactions
Date Price PSF Size (sqft) Floor Type
Apr-26 $2,758,000 $1,971 psf 1,399 sqft 16 to 20 4BR
Feb-26 $3,000,000 $2,195 psf 1,367 sqft 41 to 45 4BR
Feb-26 $2,960,000 $2,083 psf 1,421 sqft 26 to 30 4BR
Feb-26 $2,000,000 $1,877 psf 1,066 sqft 16 to 20 3BR
Dec-25 $2,880,000 $2,027 psf 1,421 sqft 11 to 15 4BR
Dec-25 $1,483,000 $2,056 psf 721 sqft 16 to 20 2BR
Nov-25 $2,500,000 $1,787 psf 1,399 sqft 01 to 05 4BR
Nov-25 $1,550,000 $1,973 psf 786 sqft 41 to 45 2BR

Can I afford The Metropolitan Condominium?

Get the monthly repayment, total interest and cash flow based on this project’s median price of $2,758,000.

7.3
ShiokNest Score

En-Bloc Potential

40/100

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.

Neighbourhood Score

100/100

Investment Score

73/100

PSF Trend

Rental Trend

Gross Yield Trend

Detailed charts

Sales - Floor Level

Sales - Unit Size

Sales - Bedroom Type

Rental - Floor Level

Rental - Unit Size

Rental - Bedroom Type

Cumulative Sales Volume

Cumulative Rental Volume

Lease Decay Valuation Curve

Sales Volume Heatmap

Lease Volume Seasonality Heatmap

Recent Sales

Recent Rentals