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Singapore Property News, Insights and Analysis

Completed 2017

Commonwealth Towers

D03 · Alexandra / Commonwealth · Commonwealth Avenue

An 845-unit condo in D03, completed in 2017, on a 99-year lease from 2013 with about 85 years left. Developed by Wealthall Development Pte Ltd.

Source: Condo master (URA caveats); URA transactions, Oct 2026

85 yrs
Lease left
$2,294
Avg $psf, 12 months
39
Sales, 12 months
2017
Completed
Commonwealth Towers

What brings you to Commonwealth Towers?

Buying here? Get a second opinion. 2-bedders here sold for $1.55M to $1.798M over the last 12 months. Our consultants can run the numbers against your budget: which stack, what to pay, what to avoid. Free for buyers of private property.

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Get a second opinion
02 — Prices

Commonwealth Towers prices

Last 12 months
39
Sales
$2,294
Average $psf
$1,953 – $2,627
$psf range
$925k – $3.26M
Price range
By bedroom type
Last 12 months
TypeSalesAvg $psfPrice rangeSize
1-Bedroom15 sales$2,163 psf$925k – $1.05M441–474 sq ft
2-Bedroom17 sales$2,311 psf$1.55M – $1.8M689–797 sq ft
3-Bedroom6 sales$2,536 psf$2.3M – $2.71M904–1,076 sq ft
4-Bedroom1 sale$2,501 psf$3.26M1,302 sq ft

Prices by bedroom type are based on matching sales to unit sizes.

By unit size
Last 12 months
SizeSalesAvg $psfAvg pricePrice range
Under 500 sq ft16 sales$2,163 psfAvg $984k$925k – $1.05M
500–699 sq ft8 sales$2,337 psfAvg $1.61M$1.55M – $1.69M
700–899 sq ft10 sales$2,288 psfAvg $1.75M$1.72M – $1.8M
900–1,099 sq ft7 sales$2,513 psfAvg $2.49M$2.15M – $2.71M
1,300–1,599 sq ft1 sale$2,501 psf$3.26M
Average $psf by year
In 2025, sales here averaged $2,234 psf, 18% below the D03 average of $2,713 psf for private homes (condos, apartments and ECs).
This condoD03 average
Show as a table
YearThis condoD03 average
2026$2,299$2,388
2025$2,234$2,713
2024$2,200$2,200
2023$2,091$2,259
2022$1,970$2,292
2021$1,895$2,042
2020$1,836$2,004
2019$1,852$1,962
2018$1,917$1,759
2017$1,735$1,686
2016$1,702$1,610
2015$1,738$1,569
Sales by year
1,179 sales since 2014; the busiest year was 2017 with 385. The 2026 bar covers Jan–Oct.
New saleSub saleResale
Show as a table
YearNew saleSub saleResaleTotal
2026003333
2025005050
2024003838
2023005151
2022005353
2021006868
2020003030
2019011011
2018014014
201738500385
2016670067
2015410041
201433800338
Sales in the last two years
91 sales, newest first. Units show the floor only.
DateUnitSizePrice$psfType
25 Sep 2026#10-XX1,302 sq ft · 4-Bedroom$3.26M$2,501 psfResale
25 Sep 2026#06-XX689 sq ft · 2-Bedroom$1.55M$2,250 psfResale
14 Sep 2026#41-XX689 sq ft · 2-Bedroom$1.69M$2,453 psfResale
28 Aug 2026#23-XX689 sq ft · 2-Bedroom$1.58M$2,294 psfResale
19 Aug 2026#11-XX452 sq ft · 1-Bedroom$940k$2,079 psfResale
14 Aug 2026#19-XX753 sq ft · 2-Bedroom$1.77M$2,353 psfResale
11 Aug 2026#18-XX689 sq ft · 2-Bedroom$1.64M$2,386 psfResale
30 Jul 2026#21-XX904 sq ft · 3-Bedroom$2.38M$2,627 psfResale
27 Jul 2026#17-XX753 sq ft · 2-Bedroom$1.75M$2,323 psfResale
24 Jul 2026#37-XX441 sq ft · 1-Bedroom$1.03M$2,334 psfResale
Show all 91 sales
Compared with nearby condos
Compared with D03 and the five nearest similar condos · average $psf and price, all unit sizes

Prices by bedroom type are based on matching sales to unit sizes.

Source: URA caveats, Oct 2026. The 2026 averages cover Jan–Oct.

03 — Rent

Commonwealth Towers rent

Leases starting Sep 2025–Aug 2026
343
Leases
$3,700
Median rent a month
$1.59M
Avg sale price, 12 months
2.8%
Est. gross yield

D03 median rent: $4,700 a month; est. gross yield 2.7%.

By bedroom type
TypeLeasesMedian rentMiddle halfD03 medianEst. yield
1-Bedroom204 leases$3,500 median$3,412 – $3,650D03 $3,6504.3% yield
2-Bedroom97 leases$4,800 median$4,600 – $4,900D03 $4,7503.4% yield
3-Bedroom40 leases$6,450 median$6,025 – $6,838D03 $6,5003.0% yield
Rent and yield compared with nearby condos

Estimated gross yield: a year of median rent (leases starting Sep 2025–Aug 2026) over the average sale price of the last 12 months, before costs. No yield is shown with fewer than 3 sales in the year. Rents and sale prices both cover roughly the last 12 months, so read the yield as a guide to that year rather than an exact figure. A higher yield often reflects a lower price, such as an older lease, rather than a better buy.

Source: URA rental contracts, Aug 2026

04 — Lease
85years left of 99
2013Ends 2112

99-year lease from 7 May 2013. About 85 years remain as of Oct 2026.

Source: Condo master (URA caveats)

05 — Unit mix

Commonwealth Towers floor plans by bedroom type

21 layouts, from a 441 sq ft 1-bedroom to a 1,302 sq ft 4-bedroom. Pick a type to see its floor plans.

Source: Developer floor plans; bedroom counts read by Stacked

06 — Location

Near Commonwealth Towers

MRT stations
EW Queenstown 290 m · 3 min walk
EW Commonwealth 1.3 km · 15 min walk
EW Redhill 1.6 km · 20 min walk
TE Napier 3.0 km · 36 min walk

Walking times and distances are estimates from OneMap walking routes; a station without a walking time shows the straight-line distance. Check OneMap for your exact route.

Primary schools
Within 1 km
Queenstown Primary School 130 m · 2 min walk
New Town Primary School 870 m · 12 min walk
Within 2 km
Gan Eng Seng Primary School 1.5 km · 27 min walk

Distances are straight-line, which is what the 1 km and 2 km bands refer to; walking times are estimates from OneMap walking routes. Check the MOE website for confirmation.

Everyday amenities
Park One-North Park 2.7 km · 32 min
Clinic Dawson Medical Clinic 460 m · 5 min
Supermarket Sheng Siong 460 m · 5 min
Hawker centre Margaret Drive Hawker Centre 370 m · 4 min
Map of the area around Commonwealth Towers, with nearby MRT stations and primary schools
Map data © OpenStreetMap contributors

Source: OneMap walking routes, Oct 2026

07 — Nearby

Condos and supply around Commonwealth Towers

Upcoming supply
Margaret Drive290 m · about 444 units · 0.95 ha Awarded · $12,427 psm GFA · Aug 2024
Media Circle (Parcel A)1.3 km · about 314 units · 0.76 ha Awarded · $11,158 psm GFA · Mar 2025
Media Circle1.3 km · about 343 units · 1.06 ha Awarded · $12,820 psm GFA · Feb 2024
Media Circle1.3 km · about 266 units · 0.57 ha Available for application

Source: URA transactions; URA land sales; OneMap distances, Oct 2026

08 — From Stacked

Read more about Commonwealth Towers

43 more articles mention Commonwealth Towers.

Source: Stacked Homes editorial

09 — FAQ

Questions about Commonwealth Towers

How many years are left on the lease at Commonwealth Towers?

About 85 years. It is a 99-year lease from 2013.

When was Commonwealth Towers completed?

2017.

How many units does Commonwealth Towers have?

845 units, up to 43 storeys.

What sizes are the 1-bedroom units?

441 to 484 sq ft across nine layouts.

What is the price psf at Commonwealth Towers?

39 sales in the last 12 months averaged $2,294 psf, ranging from $1,953 to $2,627 psf.

What did the latest sale go for?

A 1,302 sq ft unit sold for $3.26M ($2,501 psf) on 25 Sep 2026.

How much is the rent at Commonwealth Towers?

Leases starting Sep 2025–Aug 2026 had a median rent of $3,700 a month ($3,500 for a 1-bedroom, $4,800 for a 2-bedroom and $6,450 for a 3-bedroom). That is an estimated gross yield of about 2.8%, before costs.

What is the nearest MRT station?

Queenstown (EW), a 3-minute walk (290 m). Commonwealth (EW) is 1.3 km away.

Which primary schools are within 1 km?

Queenstown Primary School, 130 m away and New Town Primary School, 870 m away.

Who developed Commonwealth Towers?

Wealthall Development Pte Ltd.

Answers generated from the data on this page, Oct 2026