Projects
COMMONWEALTH TOWERS
D03 / Queenstown, Tiong Bahru
Address 230 COMMONWEALTH AVENUE COMMONWEALTH TOWERS SINGAPORE 149739
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Condominium, Non-Landed Properties 1,814 transactions 99-year leasehold from 2013 Updated Mar 2026
Property image pending
Project read
Quick summary about COMMONWEALTH TOWERS
Commonwealth Towers is a 99-year leasehold from 2013 condominium, non-landed properties in D03 / Queenstown, Tiong Bahru. Commonwealth Towers currently has 1,566 rental contracts and 248 sale transactions, covering May 2021 to Mar 2026.
- Typical rent is $3,700 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $1,350,000, with median sale PSF at $2,078 psf and total recorded sale value of $352.0M.
- Rent is up 2.1% over the last 3 months. Sale PSF is down 3.7% over the last 3 months.
Project facts
Project-level details from URA records and local enrichment.
Tenure 99-year leasehold from 2013
Property type Condominium, Non-Landed Properties
Sale records 248 resale transactions
Total sold value $352.0M
Data coverage
URA records on this page start May 2021 and run through Mar 2026.
Rental contracts 1,566 May 2021 to Feb 2026
Sale transactions 248 May 2021 to Mar 2026
Rent trend 2.1% Last 3 months
Sale PSF trend -3.7% Last 3 months
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
Market trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $3,600 434 rental contracts in view
Latest median sale PSF $2,231 psf 69 sale transactions in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Mar 2026 0 - 4 $2,231 psf $1,329,444
Feb 2026 24 $3,600 4 $2,241 psf $1,040,000
Jan 2026 20 $3,675 4 $2,361 psf $1,815,000
Dec 2025 25 $4,000 1 $2,362 psf $1,780,000
Nov 2025 25 $3,600 2 $2,231 psf $1,812,500
Oct 2025 16 $3,700 4 $2,328 psf $1,684,444
Sept 2025 16 $3,600 4 $2,332 psf $1,626,944
Aug 2025 33 $4,000 5 $2,373 psf $1,660,000
Jul 2025 41 $3,600 6 $2,349 psf $2,123,444
Jun 2025 47 $3,600 6 $2,132 psf $972,500
May 2025 40 $3,725 5 $2,175 psf $999,888
Apr 2025 18 $3,450 5 $2,243 psf $1,010,000
Similar projects nearby
Same district, ranked by similar rent, sale PSF and transaction depth.
99-year leasehold from 2015 QUEENS PEAK 0.2 km away 1,475 transactions
- Median rent
- $4,000
- Median sale PSF
- $2,168 psf
- Median rent
- $4,200
- Median sale PSF
- $2,013 psf
- Median rent
- $4,000
- Median sale PSF
- $2,186 psf
- Median rent
- $4,400
- Median sale PSF
- $2,115 psf
- Median rent
- $4,200
- Median sale PSF
- $2,284 psf
- Median rent
- $4,500
- Median sale PSF
- $2,299 psf
Rent by bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
1 bed $3,400 $3,337 913
2 bed $4,600 $4,445 457
3 bed $6,100 $6,013 177
4 bed $7,000 $6,732 19
Rent by floor area
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
400 to 500 sqft $3,400 $3,339 915
600 to 700 sqft $4,500 $4,388 298
700 to 800 sqft $4,700 $4,557 160
900 to 1,000 sqft $5,900 $5,713 91
1,000 to 1,100 sqft $6,800 $6,394 83
1,300 to 1,400 sqft $7,000 $6,732 19
Sale price 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 $1,135,000 $2,000 psf 32
16 to 20 $1,580,000 $2,046 psf 29
21 to 25 $1,000,000 $2,099 psf 22
26 to 30 $1,380,000 $2,068 psf 34
31 to 35 $1,004,944 $2,109 psf 28
36 to 40 $1,565,000 $2,184 psf 33
Latest transactions
Most recent URA rental contracts and sale transactions 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 1,566 rental contracts. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $3,700
Rental contracts 1,566
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 $1,350,000 and $2,078 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $1,350,000
Median PSF $2,078 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 248 sale transactions in this dataset, so pricing should be checked against actual recent contracts before listing.
Sale signal Strong
Total sold value $352.0M
Latest update Mar 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 recorded URA private residential rental contracts. Rent is shown as monthly rent.
Sale figures come from recorded private residential sale transactions. PSF and total selling value are shown where sale records include the needed fields.
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?
Based on the URA rental records currently loaded for COMMONWEALTH TOWERS, the median monthly rent is $3,700 across 1,566 rental contracts.
What is the typical sale price at COMMONWEALTH TOWERS?
The median sale price for COMMONWEALTH TOWERS is $1,350,000, based on 248 URA sale transactions in the local dataset.
What is the median sale PSF at COMMONWEALTH TOWERS?
The median sale price per square foot for COMMONWEALTH TOWERS is $2,078 psf. The average sale PSF is $2,089 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 URA records on this page start from May 2021 and run through Mar 2026. The page is rebuilt after local data refresh runs.