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Commercial Directory · Office · Retail · District 19

Highland Centre

3 sales from Apr 2022 to Feb 2024, at a median $1,336 psf (Apr 2022 to Feb 2024).

District 19 At a glance

Median psf, all sales
$1,336
Sales since Apr 2022
3
Latest sale, Feb 2024
$1,336 psf
Tenure
Freehold

1 of 1 sellers with a known purchase price sold for more than they paid; the median made 4.8% a year.

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Median psf by year Price trend

YearUnit salesMedian psf
20221$1,279
20231$1,737
20241$1,336

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
15 Feb 2024Office1614$820,000$1,336Resale–––
11 Oct 2023Retail1248$430,000$1,737Resale–––
18 Apr 2022Office2657$840,000$1,279ResaleFeb 2008, $430k$410k4.8%

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.

Highland Centre Questions

How much does a unit at Highland Centre cost?

3 unit sales at Highland Centre from Apr 2022 to Feb 2024 went for $1,279 to $1,737 psf, a median $1,336 psf on units of 248 to 657 sq ft. The latest, in Feb 2024, was $820,000 for 614 sq ft ($1,336 psf).

Did sellers at Highland Centre make money?

1 of 1 resale where the caveat shows the purchase price sold for more than the seller paid. The median seller made $410k, 4.8% a year, before stamp duty, GST, fees and the rent collected while they held it.

What kind of property is Highland Centre?

The sales here are office and retail units in District 19 (Outside 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.