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Southbank

Apartment · District 07 (Bugis / Beach Road / Golden Mile) · Rest of Central Region · 99-year lease (79 yrs left) · Updated Jun 2026

Southbank is a 99-year lease (79 yrs left) apartment development in District 07 (Bugis / Beach Road / Golden Mile). It has 42 recorded private transactions. Latest sale: $1,800,000 (Jun 2026, 89 sqm, floors 21-25). Median $1,879/sqft. Prices up 9.2% over the period. 79 years lease remaining.

Latest Sale
$1,800,000
Jun 2026 · 89 sqm
Median Price
$1,879/sqft
$1,725,000 typical unit
Transactions
42
$1,695–$2,056 psf
Price Trend
▲ 9.2%
~1.8% a year

Where Southbank ranks in District 07

All 14 projects ›
Median psf
Top 64%
#9 / 14 Top 64%
Typical unit price
Top 57%
#8 / 14 Top 57%
Most recent sale
Top 64%
#9 / 14 Top 64%
Price growth
Top 54%
#7 / 13 Top 54%

Median psf over time

Estimate a unit at Southbank

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

Estimated value
Project forward
Market growth +1.8%/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
11-15 $1,809 6
16-20 $1,878 7
21-25 $1,860 6
26-30 $1,896 15
31-35 $1,923 5
36-40 $1,964 3

Recent transactions

DateFloorType AreaPricepsf
Jun 2026 21-25 Resale 89 sqm $1,800,000 $1,879
May 2026 31-35 Resale 84 sqm $1,850,000 $2,046
Apr 2026 26-30 Resale 89 sqm $1,800,000 $1,879
Feb 2026 11-15 Resale 89 sqm $1,872,888 $1,955
Nov 2025 26-30 Resale 57 sqm $1,200,000 $1,956
Oct 2025 26-30 Resale 122 sqm $2,700,000 $2,056
Sep 2025 26-30 Resale 122 sqm $2,490,000 $1,896
Aug 2025 31-35 Resale 57 sqm $1,180,000 $1,923
May 2025 16-20 Resale 57 sqm $1,155,000 $1,883
May 2025 26-30 Resale 84 sqm $1,750,000 $1,935
May 2025 16-20 Resale 55 sqm $1,128,000 $1,905
Feb 2025 26-30 Resale 84 sqm $1,736,000 $1,920
Feb 2025 31-35 Resale 57 sqm $1,222,000 $1,992
Feb 2025 26-30 Resale 122 sqm $2,520,000 $1,919
Feb 2025 21-25 Resale 84 sqm $1,720,000 $1,902
Dec 2024 16-20 Resale 57 sqm $1,150,000 $1,874
Nov 2024 36-40 Resale 55 sqm $1,163,000 $1,964
Nov 2024 16-20 Resale 89 sqm $1,800,000 $1,879
Oct 2024 36-40 Resale 122 sqm $2,650,000 $2,018
Sep 2024 11-15 Resale 89 sqm $1,735,000 $1,811
Sep 2024 26-30 Resale 90 sqm $1,843,800 $1,903
Jul 2024 26-30 Resale 89 sqm $1,820,000 $1,900
Jul 2024 11-15 Resale 89 sqm $1,750,000 $1,827
May 2024 21-25 Resale 89 sqm $1,810,000 $1,889
Apr 2024 26-30 Resale 89 sqm $1,800,000 $1,879
Showing 25 of 42 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.
Primary schools nearby

No primary school is within 1 km of Southbank, but 3sit in the 1–2 km second-priority band.

Compare homes near every primary school
Distances are straight-line (aerial) from the development, the same basis MOE uses for Home–School Distance priority. Being inside a priority zone improves but does not guarantee a place.
Where this home sits, and its schools
0 schools in the 1 km top-priority zone
  • This home
  • School within 1 km
  • School 1–2 km
  • 1km ring, top priority
  • 2km ring, next tier

Straight-line distances, the basis MOE uses for Home–School Distance priority. Tap a school to open it. Map © OneMap, SLA.

Nearby comparable homes

Private condos and apartments closest to Southbank, with their median resale psf. Useful for comparing what Southbank costs per square foot against nearby developments.

More condos in District 07
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.

About Southbank

Southbank is a leasehold apartment development in District 07 (Bugis / Beach Road / Golden Mile), within the Rest of Central Region of Singapore. Its $1,879 psf median sits about 7% below the District 07 median, cheaper than about 57% of projects there. It has a regular flow of transactions, with 42 sales between 2021-06 and 2026-06, ranging from $1,040,000 to $2,700,000. The most recent transaction was a 89 sqm unit (floors 21-25) at $1,800,000 in Jun 2026, and the median is $1,879 psf. Higher floors carry a premium, with the 36-40 band about 9% per square foot above the 11-15 band. Prices have risen around 9.2% over the period (about 1.8% a year). On Bala's Table (the SLA leasehold valuation model), the 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 Southbank cost?

The most recent transaction at Southbank was $1,800,000 for a 89 sqm unit in 2026-06. The median price is $1,879 per square foot across 42 transactions, ranging from $1,040,000 to $2,700,000. Data sourced from URA.

Is Southbank freehold or leasehold?

Southbank 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 Southbank?

The median price at Southbank is $1,879 psf, with transactions ranging from $1,695 to $2,056 psf. This is based on 42 URA-recorded transactions in District 07.

Have prices at Southbank gone up or down?

Prices at Southbank have increased by approximately 9.2% over the data period (around 1.8% a year). The median price is currently $1,879 psf, with the most recent sale at $1,800,000 in 2026-06.