Commercial Directory · Office · Retail · District 7
Southbank
24 sales from May 2022 to Sept 2026, at a median $1,962 psf (12 months to Oct 2026).
District 7 At a glance
- Median psf, 12 months
- $1,962
- Sales since May 2022
- 24
- Latest sale, Sept 2026
- $1,962 psf
- Tenure
- 99-year lease
22 of 23 sellers with a known purchase price sold for more than they paid; the median made 3.1% a year.
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Median psf by year Price trend
| Year | Unit sales | Median psf |
|---|---|---|
| 2022 | 6 | $1,934 |
| 2023 | 5 | $2,053 |
| 2024 | 6 | $2,099 |
| 2025 | 4 | $1,660 |
| 2026(part year) | 3 | $1,962 |
A median moves with which units sold that year (floor, size, ground-floor shops), so a small year can swing.
24 sales Every sale
| Date | Type | Level | Sq ft | Price | Psf | Sale | Seller bought | Profit | A year |
|---|---|---|---|---|---|---|---|---|---|
| 24 Sept 2026 | Office | 3 | 463 | $908,000 | $1,962 | Resale | May 2023, $950k | -$42k | -1.4% |
| 30 Jan 2026 | Office | 9 | 883 | $1,480,000 | $1,677 | Resale | Aug 2021, $1.29M | $185k | 3.1% |
| 21 Jan 2026 | Retail | 1 | 129 | $518,000 | $4,010 | Resale | Apr 2024, $300k | $218k | 37.1% |
| 11 Dec 2025 | Office | 2 | 689 | $1,388,888 | $2,016 | Resale | Nov 2022, $1.23M | $159k | 4.0% |
| 24 Oct 2025 | Office | 3 | 527 | $960,000 | $1,820 | Resale | Jun 2018, $960k | – | – |
| 10 Mar 2025 | Office | 7 | 1,593 | $2,238,000 | $1,405 | Resale | Aug 2009, $1.53M | $708k | 2.5% |
| 4 Feb 2025 | Office | 19 | 1,184 | $1,776,000 | $1,500 | Resale | Jan 2007, $1.06M | $716k | 2.9% |
| 7 Oct 2024 | Office | 17 | 1,012 | $1,688,888 | $1,669 | Resale | Oct 2006, $755k | $934k | 4.6% |
| 1 Oct 2024 | Office | 4 | 603 | $950,000 | $1,576 | Resale | Oct 2006, $506k | $444k | 3.6% |
| 8 Aug 2024 | Retail | 1 | 183 | $550,000 | $3,006 | Resale | Aug 2006, $261k | $289k | 4.2% |
| 11 Jun 2024 | Office | 4 | 463 | $868,000 | $1,875 | Resale | Oct 2006, $412k | $456k | 4.3% |
| 29 Apr 2024 | Retail | 1 | 129 | $300,000 | $2,323 | Resale | Oct 2006, $270k | $30k | 0.6% |
| 12 Jan 2024 | Office | 1 | 194 | $625,000 | $3,226 | Resale | Sept 2019, $565k | $60k | 2.4% |
| 1 Dec 2023 | Retail | 1 | 172 | $510,000 | $2,961 | Resale | May 2007, $325k | $185k | 2.8% |
| 14 Nov 2023 | Office | 6 | 689 | $1,380,000 | $2,003 | Resale | Aug 2006, $547k | $833k | 5.5% |
| 16 Aug 2023 | Retail | 1 | 161 | $508,800 | $3,151 | Resale | Aug 2006, $229k | $279k | 4.8% |
| 8 Aug 2023 | Retail | 9 | 1,593 | $2,950,000 | $1,852 | Resale | Nov 2010, $2M | $950k | 3.1% |
| 30 May 2023 | Office | 3 | 463 | $950,000 | $2,053 | Resale | Aug 2010, $669k | $281k | 2.8% |
| 11 Nov 2022 | Office | 2 | 689 | $1,230,000 | $1,785 | Resale | Aug 2007, $800k | $430k | 2.9% |
| 1 Nov 2022 | Retail | 1 | 161 | $500,000 | $3,097 | Resale | Oct 2012, $460k | $40k | 0.8% |
| 28 Oct 2022 | Office | 3 | 603 | $1,070,000 | $1,775 | Resale | Mar 2009, $460k | $610k | 6.4% |
| 2 Aug 2022 | Office | 6 | 527 | $1,080,000 | $2,048 | Resale | Aug 2012, $1.04M | $42k | 0.4% |
| 25 Jul 2022 | Office | 6 | 463 | $938,000 | $2,027 | Resale | Nov 2010, $878k | $60k | 0.6% |
| 26 May 2022 | Office | 5 | 603 | $1,110,000 | $1,841 | Resale | Aug 2010, $766k | $344k | 3.2% |
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.
Southbank Questions
How much does a unit at Southbank cost?
24 unit sales at Southbank from May 2022 to Sept 2026 went for $1,405 to $4,010 psf, a median $1,983 psf on units of 129 to 1,593 sq ft. The latest, in Sept 2026, was $908,000 for 463 sq ft ($1,962 psf).
Did sellers at Southbank make money?
22 of 23 resales where the caveat shows the purchase price sold for more than the seller paid. The median seller made $281k, 3.1% a year, before stamp duty, GST, fees and the rent collected while they held it.
What kind of property is Southbank?
The sales here are office and retail units in District 7 (Rest of Central Region), most on a 99-year lease 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 7 Nearby buildings
- Parklane Shopping Mall$1,689 psf
- Fortune Centre$2,599 psf
- The Plaza$1,397 psf
- Textile Centre$1,133 psf
- Sim Lim Square$1,790 psf
- Sunshine Plaza$2,250 psf
- Sultan Plaza$1,641 psf
- Bugis Cube$3,338 psf