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The Centrepoint

Apartment · District 09 (Orchard / River Valley) · Core Central Region · 99-year lease (52 yrs left) · Updated Nov 2024

The Centrepoint is a 99-year lease (52 yrs left) apartment development in District 09 (Orchard / River Valley). It has 12 recorded private transactions. Latest sale: $2,158,240 (Nov 2024, 69 sqm, floors 06-10). Median $2,827/sqft. Prices down 12.9% over the period. 52 years lease remaining.

Latest Sale
$2,158,240
Nov 2024 · 69 sqm
Median Price
$2,827/sqft
$2,129,120 typical unit
Transactions
12
$2,189–$2,962 psf
Price Trend
▼ 12.9%
~-7.2% a year

Where The Centrepoint ranks in District 09

All 156 projects ›
Median psf
Top 14%
#22 / 156 Top 14%
Typical unit price
Top 65%
#101 / 156 Top 65%
Most recent sale
Top 68%
#106 / 156 Top 68%
Price growth
Top 97%
#131 / 135 Top 97%

Median psf over time

Estimate a unit at The Centrepoint

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

Estimated value
Project forward
Market growth +-7.2%/yr
Lease decay −0.70%/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

52 yrs
Remaining lease
0.70%
Annual decay (Bala's Table)
1979
Lease commenced

99-year leasehold. Under Bala's Table (SLA's leasehold relativity model), value decays faster as the lease shortens — currently about 0.70% a year.

Price by floor

Floor bandMedian psfTransactions
01-05 $2,827 5
06-10 $2,869 7

Recent transactions

DateFloorType AreaPricepsf
Nov 2024 06-10 Resale 69 sqm $2,158,240 $2,906
Jun 2024 06-10 Resale 104 sqm $2,500,000 $2,233
May 2024 01-05 Resale 69 sqm $2,000,000 $2,693
Mar 2024 06-10 Resale 104 sqm $2,450,000 $2,189
Jan 2024 06-10 Resale 69 sqm $2,200,000 $2,962
Dec 2023 06-10 Resale 104 sqm $2,450,000 $2,189
May 2023 06-10 Resale 68 sqm $2,100,000 $2,869
Apr 2023 06-10 Resale 68 sqm $2,100,000 $2,869
Apr 2023 01-05 Resale 69 sqm $2,100,000 $2,827
Mar 2023 01-05 Resale 69 sqm $2,100,000 $2,827
Mar 2023 01-05 Resale 109 sqm $3,050,000 $2,600
Jan 2023 01-05 Resale 69 sqm $2,100,000 $2,827
Showing 12 of 12 transactions
Source: URA (Urban Redevelopment Authority), under the Open Data Licence.
Primary schools nearby

The Centrepoint is inside the 1 km Primary 1 priority zone for 3 primary schools. When a school is oversubscribed, MOE ballots by home–school distance, and homes within 1 km are drawn first.

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
3 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 The Centrepoint, with their median resale psf. Useful for comparing what The Centrepoint costs per square foot against nearby developments.

More condos in District 09
Distances are straight-line estimates from this home, indicative only. Prices are medians of recorded resale transactions, not asking prices.

About The Centrepoint

The Centrepoint is a 99-year leasehold apartment development in District 09 (Orchard / River Valley), its lease commencing in 1979 and about 52 years remaining, so lease decay is a real factor in its pricing. Its $2,827 psf median runs about 26% above the District 09 median, ahead of around 87% of projects there. It has a relatively light transaction record, with 12 sales between 2023-01 and 2024-11, ranging from $2,000,000 to $3,050,000. The most recent transaction was a 69 sqm unit (floors 06-10) at $2,158,240 in Nov 2024, and the median is $2,827 psf. Prices have eased about 12.9% over the period. All transaction data is sourced from the Urban Redevelopment Authority (URA) and updated regularly.

How much does a unit at The Centrepoint cost?

The most recent transaction at The Centrepoint was $2,158,240 for a 69 sqm unit in 2024-11. The median price is $2,827 per square foot across 12 transactions, ranging from $2,000,000 to $3,050,000. Data sourced from URA.

Is The Centrepoint freehold or leasehold?

The Centrepoint is on a 99-year lease commencing in 1979, with approximately 52 years remaining. Under Bala's Table, the annual lease decay at this point is about 0.70%.

What is the price per square foot (psf) at The Centrepoint?

The median price at The Centrepoint is $2,827 psf, with transactions ranging from $2,189 to $2,962 psf. This is based on 12 URA-recorded transactions in District 09.

Have prices at The Centrepoint gone up or down?

Prices at The Centrepoint have decreased by approximately 12.9% over the data period (around -7.2% a year). The median price is currently $2,827 psf, with the most recent sale at $2,158,240 in 2024-11.