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The Centrepoint

Apartment · District 09 (Orchard / River Valley) · Core Central Region · 99-year lease (52 yrs left) · Updated Nov 2024

The Centrepoint is a 99-year lease (52 yrs left) apartment development in District 09 (Orchard / River Valley). It has 12 recorded private transactions. Latest sale: $2,158,240 (Nov 2024, 69 sqm, floors 06-10). Median $2,827/sqft. Prices down 12.9% over the period. 52 years lease remaining.

Latest Sale
$2,158,240
Nov 2024 · 69 sqm
Median Price
$2,827/sqft
$2,129,120 typical unit
Transactions
12
$2,189–$2,962 psf
Price Trend
▼ 12.9%
~-7.2% a year

Where The Centrepoint ranks in District 09

All 156 projects ›
Median psf
#22 / 156
Typical unit price
#101 / 156
Most recent sale
#101 / 156
Price growth
#132 / 136

Median psf over time

Estimate a unit at The Centrepoint

Based on URA transactions for this development. Pick a floor band and unit size.

Estimated value
Project forward
Market growth +-7.2%/yr
Lease decay −0.70%/yr
Growth scenario
In 5 years

Projection blends market growth with Bala's Table lease decay. Past growth does not guarantee future performance. Not financial advice.

Lease decay

52 yrs
Remaining lease
0.70%
Annual decay (Bala's Table)
1979
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.70% a year.

Price by floor

Floor bandMedian psfTransactions
01-05 $2,827 5
06-10 $2,869 7

Recent transactions

DateFloorType AreaPricepsf
Nov 2024 06-10 Resale 69 sqm $2,158,240 $2,906
Jun 2024 06-10 Resale 104 sqm $2,500,000 $2,233
May 2024 01-05 Resale 69 sqm $2,000,000 $2,693
Mar 2024 06-10 Resale 104 sqm $2,450,000 $2,189
Jan 2024 06-10 Resale 69 sqm $2,200,000 $2,962
Dec 2023 06-10 Resale 104 sqm $2,450,000 $2,189
May 2023 06-10 Resale 68 sqm $2,100,000 $2,869
Apr 2023 06-10 Resale 68 sqm $2,100,000 $2,869
Apr 2023 01-05 Resale 69 sqm $2,100,000 $2,827
Mar 2023 01-05 Resale 69 sqm $2,100,000 $2,827
Mar 2023 01-05 Resale 109 sqm $3,050,000 $2,600
Jan 2023 01-05 Resale 69 sqm $2,100,000 $2,827
Showing 12 of 12 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.

About The Centrepoint

The Centrepoint is a 99-year leasehold development with its lease commencing in 1979 and about 52 years remaining in District 09 (Orchard / River Valley), within the Core Central Region of Singapore. It has a thinner transaction history, with 12 recorded apartment transactions between 2023-01 and 2024-11, ranging from $2,000,000 to $3,050,000. The most recent transaction was a 69 sqm unit (floors 06-10) sold for $2,158,240 in 2024-11, and the median price is $2,827 per square foot. Prices here have softened by about 12.9% over the period. Under Bala's Table (the Singapore Land Authority leasehold valuation model), the leasehold relativity ratio at 52 years remaining is 0.8329, an annual lease decay of about 0.70%. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at The Centrepoint cost?

The most recent transaction at The Centrepoint was $2,158,240 for a 69 sqm unit in 2024-11. The median price is $2,827 per square foot across 12 transactions, ranging from $2,000,000 to $3,050,000. Data sourced from URA.

Is The Centrepoint freehold or leasehold?

The Centrepoint is on a 99-year lease commencing in 1979, with approximately 52 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.70%.

What is the price per square foot (psf) at The Centrepoint?

The median price at The Centrepoint is $2,827 psf, with transactions ranging from $2,189 to $2,962 psf. This is based on 12 URA-recorded transactions in District 09.

Have prices at The Centrepoint gone up or down?

Prices at The Centrepoint have decreased by approximately 12.9% over the data period (around -7.2% a year). The median price is currently $2,827 psf, with the most recent sale at $2,158,240 in 2024-11.