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Commercial Directory · Office · District 15

Eastgate

3 sales from Jan 2022 to Mar 2023, at a median $1,720 psf (Jan 2022 to Mar 2023).

District 15 At a glance

Median psf, all sales
$1,720
Sales since Jan 2022
3
Latest sale, Mar 2023
$1,770 psf
Tenure
Freehold

3 of 3 sellers with a known purchase price sold for more than they paid; the median made 1.7% a year.

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Median psf by year Price trend

YearUnit salesMedian psf
20222$1,613
20231$1,770

A median moves with which units sold that year (floor, size, ground-floor shops), so a small year can swing.

3 sales Every sale

DateTypeLevelSq ftPricePsfSaleSeller boughtProfitA year
1 Mar 2023Office91,130$2,000,000$1,770ResaleMar 2012, $1.67M$332k1.7%
9 Sept 2022Office91,163$2,000,000$1,720ResaleNov 2013, $1.88M$120k0.7%
24 Jan 2022Office71,163$1,750,000$1,505ResaleApr 2010, $1.09M$657k4.1%

URA Realis caveats via Huttons, to 13 Oct 2026. Sq ft is the strata area. Profit is the sale price less the seller's purchase price, before stamp duty, GST and fees; “a year” is that gain as a yearly rate over the time held. Unit numbers are left out.

Eastgate Questions

How much does a unit at Eastgate cost?

3 unit sales at Eastgate from Jan 2022 to Mar 2023 went for $1,505 to $1,770 psf, a median $1,720 psf on units of 1,130 to 1,163 sq ft. The latest, in Mar 2023, was $2,000,000 for 1,130 sq ft ($1,770 psf).

Did sellers at Eastgate make money?

3 of 3 resales where the caveat shows the purchase price sold for more than the seller paid. The median seller made $332k, 1.7% a year, before stamp duty, GST, fees and the rent collected while they held it.

What kind of property is Eastgate?

The sales here are office units in District 15 (Rest of Central Region), most on a freehold title. Commercial units carry no Additional Buyer’s Stamp Duty and cannot be bought with CPF.

Thinking of buying here to rent out? Check the yield and break-even in the Commercial Deal Check.

District 15 Nearby buildings

All 302 buildings