Southbank
Southbank is a 99-year lease (79 yrs left) apartment development in District 07 (Bugis / Beach Road / Golden Mile). It has 42 recorded private transactions. Latest sale: $1,800,000 (Jun 2026, 89 sqm, floors 21-25). Median $1,879/sqft. Prices up 9.2% over the period. 79 years lease remaining.
Where Southbank ranks in District 07
All 14 projects ›Median psf over time
Estimate a unit at Southbank
Based on URA transactions for this development. Pick a floor band and unit size.
Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.
Lease decay
99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.25% a year.
Price by floor
| Floor band | Median psf | Transactions |
|---|---|---|
| 11-15 | $1,809 | 6 |
| 16-20 | $1,878 | 7 |
| 21-25 | $1,860 | 6 |
| 26-30 | $1,896 | 15 |
| 31-35 | $1,923 | 5 |
| 36-40 | $1,964 | 3 |
Recent transactions
| Date | Floor | Type | Area | Price | psf |
|---|---|---|---|---|---|
| Jun 2026 | 21-25 | Resale | 89 sqm | $1,800,000 | $1,879 |
| May 2026 | 31-35 | Resale | 84 sqm | $1,850,000 | $2,046 |
| Apr 2026 | 26-30 | Resale | 89 sqm | $1,800,000 | $1,879 |
| Feb 2026 | 11-15 | Resale | 89 sqm | $1,872,888 | $1,955 |
| Nov 2025 | 26-30 | Resale | 57 sqm | $1,200,000 | $1,956 |
| Oct 2025 | 26-30 | Resale | 122 sqm | $2,700,000 | $2,056 |
| Sep 2025 | 26-30 | Resale | 122 sqm | $2,490,000 | $1,896 |
| Aug 2025 | 31-35 | Resale | 57 sqm | $1,180,000 | $1,923 |
| May 2025 | 16-20 | Resale | 57 sqm | $1,155,000 | $1,883 |
| May 2025 | 16-20 | Resale | 55 sqm | $1,128,000 | $1,905 |
| May 2025 | 26-30 | Resale | 84 sqm | $1,750,000 | $1,935 |
| Feb 2025 | 21-25 | Resale | 84 sqm | $1,720,000 | $1,902 |
| Feb 2025 | 26-30 | Resale | 84 sqm | $1,736,000 | $1,920 |
| Feb 2025 | 31-35 | Resale | 57 sqm | $1,222,000 | $1,992 |
| Feb 2025 | 26-30 | Resale | 122 sqm | $2,520,000 | $1,919 |
| Dec 2024 | 16-20 | Resale | 57 sqm | $1,150,000 | $1,874 |
| Nov 2024 | 36-40 | Resale | 55 sqm | $1,163,000 | $1,964 |
| Nov 2024 | 16-20 | Resale | 89 sqm | $1,800,000 | $1,879 |
| Oct 2024 | 36-40 | Resale | 122 sqm | $2,650,000 | $2,018 |
| Sep 2024 | 11-15 | Resale | 89 sqm | $1,735,000 | $1,811 |
| Sep 2024 | 26-30 | Resale | 90 sqm | $1,843,800 | $1,903 |
| Jul 2024 | 26-30 | Resale | 89 sqm | $1,820,000 | $1,900 |
| Jul 2024 | 11-15 | Resale | 89 sqm | $1,750,000 | $1,827 |
| May 2024 | 21-25 | Resale | 89 sqm | $1,810,000 | $1,889 |
| Apr 2024 | 26-30 | Resale | 89 sqm | $1,800,000 | $1,879 |
About Southbank
Southbank is a 99-year leasehold development with its lease commencing in 2006 and about 79 years remaining in District 07 (Bugis / Beach Road / Golden Mile), within the Rest of Central Region of Singapore. It sees regular transaction activity, with 42 recorded apartment transactions between 2021-06 and 2026-06, ranging from $1,040,000 to $2,700,000. The most recent transaction was a 89 sqm unit (floors 21-25) sold for $1,800,000 in 2026-06, and the median price is $1,879 per square foot. Prices here have risen by about 9.2% over the period (around 1.8% a year). Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold relativity ratio at 79 years remaining is 0.9340, an annual lease decay of about 0.25%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.
How much does a unit at Southbank cost?
The most recent transaction at Southbank was $1,800,000 for a 89 sqm unit in 2026-06. The median price is $1,879 per square foot across 42 transactions, ranging from $1,040,000 to $2,700,000. Data sourced from URA.
Is Southbank freehold or leasehold?
Southbank is on a 99-year lease commencing in 2006, with approximately 79 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.25%.
What is the price per square foot (psf) at Southbank?
The median price at Southbank is $1,879 psf, with transactions ranging from $1,695 to $2,056 psf. This is based on 42 URA-recorded transactions in District 07.
Have prices at Southbank gone up or down?
Prices at Southbank have increased by approximately 9.2% over the data period (around 1.8% a year). The median price is currently $1,879 psf, with the most recent sale at $1,800,000 in 2026-06.