Rent vs D03 -22.3%
Rents below district median
Commonwealth Towers's latest 12-month median rent is $3,650 compared with the D03 median of $4,700 for the same period. Use this district check before narrowing by bedroom and area band.
Commonwealth Towers rent and sale price
D03 / Queenstown, Tiong Bahru
Address 230 Commonwealth Avenue Commonwealth Towers Singapore 149739
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Quick summary about Commonwealth Towers
Commonwealth Towers is a 99-year leasehold condominium in D03 / Queenstown, Tiong Bahru. The page currently tracks 1,650 rentals and 258 sales. Commonwealth Towers is near QUEENSTOWN MRT STATION (EW19), about 0.13 km away.
For rent checks, start with the latest 12-month median of $3,650 per month and compare it with the full-history size-band range of $3,450 to $7,000. For sale checks, start with the latest 12-month median sale price of $1,607,500 and median sale PSF of $2,303 psf, then compare full-history floor-band evidence from $966,000 to $1,620,000 and PSF from $1,875 psf to $2,201 psf.
- Latest 12M median rent is $3,650 per month from 331 rentals. The bedroom and floor-area tables below show the full loaded history.
- Latest 12M median sale price is $1,607,500, with median sale PSF at $2,303 psf from 38 sales.
- Rent is up 1.4% over the last 3 months. Sale PSF is up 2.5% over the last 3 months.
Commonwealth Towers Market Brief
Compare the project with D03 across rent, sale PSF, tenure and transaction activity.
Compared with D03
Sale PSF vs D03 -18.1%
Sale PSF below district median
Commonwealth Towers's latest 12-month median sale PSF is $2,303 psf versus the D03 median of $2,813 psf for the same period. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 2.72%
Rent support near district screen
Gross yield is roughly 2.72% versus a D03 screen of 2.49%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 26.0% spread
Rent is uneven
Recent median rents vary a lot, usually because unit mix differs month to month.
Market activity -15.7%
Activity is steady
Recent transaction volume is close to the prior 6-month view.
Tenure lens 99-year leasehold
Leasehold comparison needed
99-year leasehold from 2013 matters most on sale price. Compare Commonwealth Towers against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Before you decide
Latest 12M median rent $3,650
Is the asking rent fair?
$3,450 to $3,850 is the first fair-rent band to check. Above $3,850 should have a visible reason.
Latest 12M median sale PSF $2,303 psf
Is the purchase price fair?
$1,560,000 to $1,660,000 and $2,230 to $2,370 psf are the first sale checks before adjusting for floor, size, view and condition.
1 bed rent $3,450
Are similar units renting for more?
1 bed and 400 to 500 sqft give the closest unit-size checks.
Rent stability 26.0% spread
Is rent stable here?
Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.
Transaction volume -15.7%
Is activity rising?
Activity is steady. Recent transaction volume is close to the prior 6-month view.
Commonwealth Towers Project Facts
Project-level details from URA records and local enrichment.
Tenure 99-year leasehold from 2013
Property type Condominium, Non-Landed Properties
Sales 258 resale transactions
Total sold value $367.0M
Commonwealth Towers Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 1,650 Jun 2021 to Jun 2026
Sale transactions 258 Jun 2021 to Jul 2026
Rent trend 1.4% Last 3 months
Sale PSF trend 2.5% Last 3 months
Commonwealth Towers Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
QUEENSTOWN MRT STATION (EW19) 0.13 km away
COMMONWEALTH MRT STATION (EW20) 1.15 km away
REDHILL MRT STATION (EW18) 1.37 km away
Schools nearby
QUEENSTOWN PRIMARY SCHOOL 0.17 km away
KINDLE KIDS INTERNATIONAL SCHOOL 0.56 km away
QUEENSWAY SECONDARY SCHOOL 0.66 km away
NEW TOWN PRIMARY SCHOOL 0.79 km away
Amenities
ALEXANDRA-QUEENSWAY PARK CONNECTOR Park / green link · 0.83 km away
MARGARET DRIVE HAWKER CENTRE Food centre · 0.24 km away
Commonwealth Towers Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $3,725 450 rentals in view
Latest median sale PSF $2,323 psf 70 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Jul 2026 0 - 5 $2,323 psf $1,030,000
Jun 2026 38 $3,725 3 $2,296 psf $1,730,000
May 2026 28 $3,625 2 $2,293 psf $1,622,500
Apr 2026 18 $4,550 4 $2,231 psf $1,329,444
Mar 2026 24 $3,600 4 $2,241 psf $1,040,000
Feb 2026 20 $3,675 4 $2,361 psf $1,815,000
Jan 2026 25 $4,000 1 $2,362 psf $1,780,000
Dec 2025 25 $3,600 2 $2,231 psf $1,812,500
Nov 2025 16 $3,700 4 $2,328 psf $1,684,444
Oct 2025 16 $3,600 4 $2,332 psf $1,626,944
Sept 2025 33 $4,000 5 $2,373 psf $1,660,000
Aug 2025 41 $3,600 6 $2,349 psf $2,123,444
Projects Similar to Commonwealth Towers
Same district, ranked by similar rent, sale PSF and transaction depth.
99-year leasehold from 2015 Queens Peak 0.2 km away 1,539 transactions
- Median rent
- $4,000
- Median sale PSF
- $2,168 psf
- Median rent
- $4,200
- Median sale PSF
- $2,283 psf
- Median rent
- $4,500
- Median sale PSF
- $2,307 psf
- Median rent
- $4,000
- Median sale PSF
- $2,193 psf
- Median rent
- $4,400
- Median sale PSF
- $2,130 psf
- Median rent
- $4,400
- Median sale PSF
- $2,601 psf
Commonwealth Towers Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
1 bed $3,450 $3,346 962
2 bed $4,600 $4,461 481
3 bed $6,200 $6,030 188
4 bed $7,000 $6,732 19
Commonwealth Towers Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
400 to 500 sqft $3,450 $3,348 964
600 to 700 sqft $4,500 $4,405 316
700 to 800 sqft $4,700 $4,570 166
900 to 1,000 sqft $6,000 $5,740 97
1,000 to 1,100 sqft $6,750 $6,400 88
1,300 to 1,400 sqft $7,000 $6,732 19
Commonwealth Towers Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $1,620,000 $1,875 psf 4
06 to 10 $1,185,000 $2,014 psf 36
11 to 15 $966,000 $2,007 psf 34
16 to 20 $1,580,000 $2,069 psf 31
21 to 25 $1,125,400 $2,115 psf 24
26 to 30 $1,380,000 $2,083 psf 36
31 to 35 $1,004,944 $2,109 psf 28
36 to 40 $1,527,500 $2,201 psf 34
Commonwealth Towers Latest Transactions
Most recent URA rentals and sales for this project.
Rentals
Sales
How to use this data
Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.
Rent negotiation
If you are renting
Commonwealth Towers shows a latest 12-month median monthly rent of $3,650 across 331 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Latest 12M median rent $3,650
Rentals in period 331
Rent signal Strong
- If the asking rent is above the median, look for a clear reason such as larger size, newer condition, furnishings or a better stack.
- If it is below the median, check whether the unit is smaller, older, lower floor or has a shorter lease term.
Offer check
If you are buying
Latest 12M sales at Commonwealth Towers show a median price of $1,607,500 and $2,303 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Latest 12M median sale $1,607,500
Latest 12M median PSF $2,303 psf
Sale signal Strong
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- 99-year leasehold from 2013 should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. Commonwealth Towers has 258 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Strong
Total sold value $367.0M
Latest record Jul 2026
- Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
- If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.
Run Commonwealth Towers numbers
Start with the project benchmarks, then adjust the calculator assumptions for the unit you are considering.
Rental yield $3,650/mo Test gross and net yield against typical rent. Buy vs rent $1.6M Compare ownership cost against renting. Mortgage $1.6M Estimate monthly payment from the sale price. Stamp duty $2,303 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
District context
Use D03 to compare Commonwealth Towers against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from URA private residential rent data. Rent is shown as monthly rent.
Sale figures come from private residential sale data. PSF and total selling value are shown where the needed fields are available.
Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.
Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.
Commonwealth Towers FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Commonwealth Towers?
Commonwealth Towers has a latest 12-month median monthly rent of $3,650 across 331 rentals in that period.
What is the typical sale price at Commonwealth Towers?
The latest 12-month median sale price for Commonwealth Towers is $1,607,500, based on 38 sales in that period.
What is the median sale PSF at Commonwealth Towers?
The latest 12-month median sale price per square foot for Commonwealth Towers is $2,303 psf. The average for the same period is $2,283 psf.
Is Commonwealth Towers freehold or leasehold?
Commonwealth Towers is listed as 99-year leasehold from 2013. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Commonwealth Towers located?
Commonwealth Towers is located at 230 Commonwealth Avenue Commonwealth Towers Singapore 149739 in D03 / Queenstown, Tiong Bahru.
How current is the Commonwealth Towers transaction data?
The project page uses the latest records currently loaded on PropertySmartSG. Treat it as research evidence and check the latest transaction rows before using it for pricing.