Commonwealth Towers rent and sale price
D03 / Queenstown, Tiong Bahru
Address 230 Commonwealth Avenue Commonwealth Towers Singapore 149739
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Condominium, Non-Landed Properties 1,862 transactions 99-year leasehold from 2013 Latest records Jun 2026
Similar projects nearby
Project read
Quick summary about Commonwealth Towers
Commonwealth Towers is a 99-year leasehold condominium in D03 / Queenstown, Tiong Bahru. The page currently tracks 1,611 rentals and 251 sales. Commonwealth Towers is near QUEENSTOWN MRT STATION (EW19), about 0.13 km away.
For rent checks, start with the project median of $3,700 per month and compare it with the observed size-band range of $3,438 to $7,000. For sale checks, start with the median sale price of $1,360,000 and median sale PSF of $2,080 psf, then compare floor-band evidence from $970,000 to $1,620,000 and PSF from $1,875 psf to $2,184 psf.
- Typical rent is $3,700 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $1,360,000, with median sale PSF at $2,080 psf and total recorded sale value of $357.8M.
- Rent is down 2.0% over the last 3 months. Sale PSF is down 2.9% over the last 3 months.
Commonwealth Towers Market Position
How this project compares with the wider D03 market before you read the detailed tables.
Rent vs D03 -19.6%
Rents below district median
Commonwealth Towers's median rent is $3,700 compared with the D03 median of $4,600. Use this as the district-level check before narrowing by bedroom and area band.
Sale PSF vs D03 -12.5%
Sale PSF below district median
Commonwealth Towers's median sale PSF is $2,080 psf versus the D03 median of $2,379 psf. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 3.26%
Rent support above district screen
Gross yield is roughly 3.26% versus a D03 screen of 2.80%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 26.1% spread
Rent is uneven
Recent median rents vary a lot, usually because unit mix differs month to month.
Market activity -36.6%
Activity is lighter
130 recent transactions versus 205 in 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.
Commonwealth Towers Decision Snapshot
Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.
Median rent $3,700
Is the asking rent fair?
$3,500 to $3,900 is the first fair-rent band to check. Above $3,900 should have a visible reason.
Median sale PSF $2,080 psf
Is the purchase price fair?
$1,320,000 to $1,400,000 and $2,020 to $2,140 psf are the first sale checks before adjusting for floor, size, view and condition.
1 bed rent $3,438
Are similar units renting for more?
1 bed and 400 to 500 sqft give the closest unit-size checks.
Rent stability 26.1% spread
Is rent stable here?
Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.
Transaction volume -36.6%
Is activity rising?
Activity is lighter. 130 recent transactions versus 205 in the prior 6-month view.
Run Commonwealth Towers numbers
Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.
Rental yield $3,700/mo Test gross and net yield against typical rent. Buy vs rent $1.4M Compare ownership cost against renting. Mortgage $1.4M Estimate monthly payment from the sale price. Stamp duty $2,080 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
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 251 resale transactions
Total sold value $357.8M
Commonwealth Towers Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 1,611 Jun 2021 to May 2026
Sale transactions 251 Jun 2021 to Jun 2026
Rent trend -2.0% Last 3 months
Sale PSF trend -2.9% 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
FORUM THE SHOPPING MALL Mall / retail · 2.77 km away
FAIRPRICE FINEST THE CENTREPOINT Daily needs · 3.8 km away
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 $3,600 440 rentals in view
Latest median sale PSF $2,446 psf 66 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Jun 2026 0 - 1 $2,446 psf $2,580,000
May 2026 27 $3,600 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
Jul 2025 47 $3,600 6 $2,132 psf $972,500
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 1,512 transactions
- Median rent
- $4,000
- Median sale PSF
- $2,168 psf
- Median rent
- $4,200
- Median sale PSF
- $2,016 psf
- Median rent
- $4,000
- Median sale PSF
- $2,186 psf
- Median rent
- $4,200
- Median sale PSF
- $2,284 psf
- Median rent
- $4,400
- Median sale PSF
- $2,131 psf
- Median rent
- $4,500
- Median sale PSF
- $2,303 psf
Commonwealth Towers Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
1 bed $3,438 $3,341 938
2 bed $4,600 $4,454 470
3 bed $6,150 $6,021 184
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 $3,344 940
600 to 700 sqft $4,500 $4,399 309
700 to 800 sqft $4,700 $4,561 162
900 to 1,000 sqft $6,000 $5,735 95
1,000 to 1,100 sqft $6,675 $6,388 86
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 $970,000 $2,003 psf 33
16 to 20 $1,580,000 $2,046 psf 29
21 to 25 $1,000,000 $2,107 psf 23
26 to 30 $1,420,000 $2,074 psf 35
31 to 35 $1,004,944 $2,109 psf 28
36 to 40 $1,565,000 $2,184 psf 33
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 typical monthly rent of $3,700 across 1,611 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $3,700
Rentals 1,611
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
Recent sales at Commonwealth Towers point to a typical sale price of $1,360,000 and $2,080 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $1,360,000
Median PSF $2,080 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 251 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Strong
Total sold value $357.8M
Latest record Jun 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.
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 median monthly rent of $3,700 across 1,611 rentals.
What is the typical sale price at Commonwealth Towers?
The median sale price for Commonwealth Towers is $1,360,000, based on 251 sales on this page.
What is the median sale PSF at Commonwealth Towers?
The median sale price per square foot for Commonwealth Towers is $2,080 psf. The average sale PSF is $2,092 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.