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The Metropolitan Condominium

Condominium · District 03 (Tiong Bahru / Alexandra / Queenstown) · Rest of Central Region · 99-year lease (79 yrs left) · Updated Apr 2026

The Metropolitan Condominium is a 99-year lease (79 yrs left) condominium development in District 03 (Tiong Bahru / Alexandra / Queenstown). It has 79 recorded private transactions. Latest sale: $2,758,000 (Apr 2026, 130 sqm, floors 16-20). Median $1,742/sqft. Prices up 21.6% over the period. 79 years lease remaining.

Latest Sale
$2,758,000
Apr 2026 · 130 sqm
Median Price
$1,742/sqft
$2,260,000 typical unit
Transactions
79
$1,415–$2,195 psf
Price Trend
▲ 21.6%
~4.1% a year

Where The Metropolitan Condominium ranks in District 03

All 35 projects ›
Median psf
#28 / 35
Typical unit price
#10 / 35
Most recent sale
#8 / 35
Price growth
#13 / 31

Median psf over time

Estimate a unit at The Metropolitan Condominium

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

Estimated value
Project forward
Market growth +4.1%/yr
Lease decay −0.25%/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

79 yrs
Remaining lease
0.25%
Annual decay (Bala's Table)
2006
Lease commenced

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 bandMedian psfTransactions
01-05 $1,572 7
06-10 $1,737 4
11-15 $1,729 17
16-20 $1,856 11
21-25 $1,635 6
26-30 $1,827 13
31-35 $1,650 6
36-40 $1,858 5
41-45 $1,734 10

Recent transactions

DateFloorType AreaPricepsf
Apr 2026 16-20 Resale 130 sqm $2,758,000 $1,971
Feb 2026 41-45 Resale 127 sqm $3,000,000 $2,195
Feb 2026 16-20 Resale 99 sqm $2,000,000 $1,877
Feb 2026 26-30 Resale 132 sqm $2,960,000 $2,083
Dec 2025 11-15 Resale 132 sqm $2,880,000 $2,027
Dec 2025 16-20 Resale 67 sqm $1,483,000 $2,056
Nov 2025 06-10 Resale 78 sqm $1,385,000 $1,650
Nov 2025 41-45 Resale 73 sqm $1,550,000 $1,973
Nov 2025 01-05 Resale 130 sqm $2,500,000 $1,787
Sep 2025 11-15 Resale 126 sqm $2,615,000 $1,928
Aug 2025 01-05 Resale 161 sqm $3,275,000 $1,890
Aug 2025 26-30 Resale 162 sqm $3,368,000 $1,931
Jul 2025 26-30 Resale 73 sqm $1,450,000 $1,845
Jul 2025 36-40 Resale 127 sqm $2,760,000 $2,019
Jul 2025 16-20 Resale 126 sqm $2,780,000 $2,050
Jun 2025 11-15 Resale 161 sqm $3,285,000 $1,896
Apr 2025 16-20 Resale 99 sqm $1,978,000 $1,856
Feb 2025 16-20 Resale 67 sqm $1,396,888 $1,937
Feb 2025 36-40 Resale 130 sqm $2,850,000 $2,037
Feb 2025 26-30 Resale 162 sqm $3,275,000 $1,878
Jan 2025 11-15 Resale 78 sqm $1,470,000 $1,751
Dec 2024 26-30 Resale 96 sqm $1,996,800 $1,932
Dec 2024 41-45 Resale 263 sqm $4,900,000 $1,731
Nov 2024 06-10 Resale 161 sqm $3,000,000 $1,731
Nov 2024 11-15 Resale 130 sqm $2,560,000 $1,829
Showing 25 of 79 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.

About The Metropolitan Condominium

The Metropolitan Condominium is a 99-year leasehold development with its lease commencing in 2006 and about 79 years remaining in District 03 (Tiong Bahru / Alexandra / Queenstown), within the Rest of Central Region of Singapore. It sees regular transaction activity, with 79 recorded condominium transactions between 2021-06 and 2026-04, ranging from $1,180,000 to $4,900,000. The most recent transaction was a 130 sqm unit (floors 16-20) sold for $2,758,000 in 2026-04, and the median price is $1,742 per square foot. Prices here have risen sharply, by about 21.6% over the period (around 4.1% 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 The Metropolitan Condominium cost?

The most recent transaction at The Metropolitan Condominium was $2,758,000 for a 130 sqm unit in 2026-04. The median price is $1,742 per square foot across 79 transactions, ranging from $1,180,000 to $4,900,000. Data sourced from URA.

Is The Metropolitan Condominium freehold or leasehold?

The Metropolitan Condominium 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 The Metropolitan Condominium?

The median price at The Metropolitan Condominium is $1,742 psf, with transactions ranging from $1,415 to $2,195 psf. This is based on 79 URA-recorded transactions in District 03.

Have prices at The Metropolitan Condominium gone up or down?

Prices at The Metropolitan Condominium have increased by approximately 21.6% over the data period (around 4.1% a year). The median price is currently $1,742 psf, with the most recent sale at $2,758,000 in 2026-04.