Southbank rent and sale price
D07 / Middle Road, Golden Mile
Quick summary about Southbank
Southbank is a 99-year leasehold apartment in D07 / Middle Road, Golden Mile. The page currently tracks 350 rentals and 44 sales.
- Typical rent is $4,600 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $1,710,000, with median sale PSF at $1,879 psf and total recorded sale value of $71.4M.
- Rent is down 8.8% over the last 3 months. Sale PSF is down 3.9% over the last 3 months.
Southbank Market Position
How this project compares with the wider D07 market before you read the detailed tables.
Rents near district median
Southbank's median rent is $4,600 compared with the D07 median of $4,500. Use this as the district-level check before narrowing by bedroom and area band.
Sale PSF below district median
Southbank's median sale PSF is $1,879 psf versus the D07 median of $2,323 psf. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support near district screen
Gross yield is roughly 3.23% versus a D07 screen of 2.92%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent has some movement
Recent rents moved enough that bedroom count, area band and latest contracts matter.
Activity is lighter
20 recent transactions versus 44 in the prior 6-month view.
Leasehold comparison needed
99-year leasehold from 2006 matters most on sale price. Compare Southbank against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Southbank Decision Snapshot
Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.
Is the asking rent fair?
$4,350 to $4,850 is the first fair-rent band to check. Above $4,850 should have a visible reason.
Is the purchase price fair?
$1,660,000 to $1,760,000 and $1,820 to $1,930 psf are the first sale checks before adjusting for floor, size, view and condition.
Are similar units renting for more?
2 bed and 900 to 1,000 sqft give the closest unit-size checks.
Is rent stable here?
Rent has some movement. Recent rents moved enough that bedroom count, area band and latest contracts matter.
Is activity rising?
Activity is lighter. 20 recent transactions versus 44 in the prior 6-month view.
Run Southbank numbers
Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.
Southbank Project Facts
Project-level details from URA records and local enrichment.
Southbank Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Southbank Location
Nearest transport, schools and daily conveniences around the project.
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
Schools nearby
Amenities
Southbank Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Projects Similar to Southbank
Same district, ranked by similar rent, sale PSF and transaction depth.
- Median rent
- $5,300
- Median sale PSF
- $1,952 psf
- Median rent
- $4,500
- Median sale PSF
- $1,604 psf
- Median rent
- $5,000
- Median sale PSF
- $2,198 psf
- Median rent
- $4,500
- Median sale PSF
- $1,792 psf
- Median rent
- $4,300
- Median sale PSF
- $1,491 psf
- Median rent
- $4,300
- Median sale PSF
- $1,480 psf
Southbank Rent by Bedrooms
Monthly rent by recorded bedroom count.
Southbank Rent by Size
Monthly rent by recorded URA floor area band.
Southbank Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Southbank 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.
If you are renting
Southbank shows a typical monthly rent of $4,600 across 350 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
- 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.
If you are buying
Recent sales at Southbank point to a typical sale price of $1,710,000 and $1,879 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- 99-year leasehold from 2006 should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. Southbank has 44 sales on this page, so pricing should be checked against actual recent contracts before listing.
- 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 D07 to compare Southbank 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.
Southbank FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Southbank?
Southbank has a median monthly rent of $4,600 across 350 rentals.
What is the typical sale price at Southbank?
The median sale price for Southbank is $1,710,000, based on 44 sales on this page.
What is the median sale PSF at Southbank?
The median sale price per square foot for Southbank is $1,879 psf. The average sale PSF is $1,859 psf.
Is Southbank freehold or leasehold?
Southbank is listed as 99-year leasehold from 2006. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Southbank located?
Southbank is located at 881 North Bridge Road Southbank Singapore 198784 in D07 / Middle Road, Golden Mile.
How current is the Southbank 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.