Commonwealth Towers

Overview

Unit Info

Sales

Rental

Surrounding

More

Overview

Unit Info

Sales

Rental

Surrounding

More

Note: This project has high transaction volume. For performance reasons, a default 5-year time frame has been selected. You may change this in the Report Options above

Sale Price *

Average
S$ 1,944 psf
Range
S$ 1,679 - 2,057 psf

Rental Price **

Average
S$ 5.7 psf pm
Range
S$ 3.7 - 7.6 psf pm

Rental Yield **

3.5%

Rental income expressed as a percentage of the property's value.

Amenities

3.1
3.1

Convenience

4.2
4.2

Connectivity

Details

No Data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
11 Facilities Available
Barbeque Area
Barbeque Area
Fitness corner
Fitness corner
Function room
Function room
Gymnasium room
Gymnasium room
Jacuzzi
Jacuzzi
Lounge
Lounge
Pool Deck
Pool Deck
Playground
Playground
Swimming pool
Swimming pool
Tennis courts
Tennis courts
Wading pool
Wading pool
Description
Commonwealth Towers is a leasehold (99 yrs from 2013) condominium completed in 2017. It is developed by WEALTHALL DEVELOPMENT PTE LTD and designed by SAA ARCHITECTS PTE LTD. The development occupies a land area of 11,788 sqm and a Gross Floor Area of 57,761 sqm. It consists of 845 units. According to records, buyers of this development are Singaporean 75.1%, PR 16.5%, Foreigner 8.2%, Company 0.0%.

COMMONWEALTH TOWERS is located along Commonwealth Avenue in Queenstown, in District 3. It is accessible through the nearest MRTs including Queenstown EW19 and Commonwealth EW20. The nearest schools are QUEENSTOWN PRIMARY SCHOOL and QUEENSWAY SECONDARY SCHOOL.

Based on transaction data in the last 12 months, sale prices range from S$ 1,679 psf to S$ 2,057 psf at an average of S$ 1,944 psf. Its highest recorded transaction was S$ 2,075 psf in Jun 2021 for a 452-sqft unit. Its lowest recorded transaction was S$ 1,373 psf in May 2014 for a 689-sqft unit. Its current rental yield is at 3.5%.

Other nearby amenities include: 3 Childcare Centre(s): PCF SPARKLETOTS PRESCHOOL @ QUEENSTOWN BLK 145 (CC), MY FIRST SKOOL, THE CHILDREN'S PLACE PTE LTD, and 3 Grocerie(s): SHENG SIONG SUPERMARKET PTE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Kindergarten(s): Queenstown Good Shepherd Kindergarten, True Way Presbyterian Kindergarten, PCF SPARKLETOTS PRESCHOOL @ QUEENSTOWN Blk 53A (KN), and 3 Shopping Mall(s): ANCHORPOINT SHOPPING CENTRE, IKEA ALEXANDRA, Alexandra Central (U/C - TOP : 30 June 2016).

Buyers and tenants are attracted to District 3, which is comprised of Tiong Bahru, Alexandra and Queenstown. This district is located at the city fringe in the Central Region of Singapore and contains a good mix of public and private houses. District 3 is currently served by the East-West Line at Tiong Bahru MRT Station, Redhill MRT Station and Queenstown MRT Station. It takes approximately 10 minutes or less to commute from these stations to the Central Business District at Raffles Place MRT Station. Tiong Bahru is famous for its local food fare at the renowned Tiong Bahru Market & Food Centre. District 3 also houses an eclectic mix of specialty shops and heartland malls such as the Queensway Shopping mall and Tiong Bahru Plaza. On top of that, the world’s largest home furnishing retailer, IKEA, is situated at Alexandra road in Queenstown.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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What they say
Live Here? Tell us more
Write a review
3
"Another newly TOP just next to Queenstown MRT. What I like about the project is 2 pools. The exterior facade looks classy. However the layout are interestingly different from usual layout. Some of the one bedroom layout comes with sharp pointed layout but theres one or two type of layout come with regular shape. Views are good and the overall maintenance is acceptable."
L**** L** P******
Google Review     |   07 Jun 2022
4
"Besides being a condo with great facilities, it has a no-smoking at balcony and window by-law."
F***** L**
Google Review     |   22 Dec 2021
5
"Excellent development with great facilities"
A***** S***
Google Review     |   06 Dec 2021
5
"Fully sheltered to queen's Town mrt Station and various buses available at the bus top nearby which makes it very accessible and convenient. This is also one of the few newer condos that has tennis court. Nice night view for units on high floors."
X* Z*
Google Review     |   18 Jul 2021
5
"Amazing place, lap pool is outstanding, chill out pool area very spacious, quiet and good atmosphere"
S******** E*******
Google Review     |   27 Jun 2021
Live Here? Tell us more
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Floor Plans
230
1
4

COMMONWEALTH TOWERS - 230 - 1 - 4

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
No Data
Unit Mix
Bedroom Type
1BR
Area
441 - 484 sqft
No. of Units
341
Bedroom Type
2BR
Area
689 - 797 sqft
No. of Units
271
Bedroom Type
3BR
Area
904 - 1076 sqft
No. of Units
195
Bedroom Type
4BR
Area
1302 - 1302 sqft
No. of Units
38

Sales Transaction of COMMONWEALTH TOWERS (Limited to 10)

Unit Search
#
There are 204 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Date
Area(sqft)
Price(S$ psf)
Price (S$)
Type of Sale
Address
Type of Area
Purchaser Address
Source

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No Data
Rental Transactions of COMMONWEALTH TOWERS
There are 990 more transactions. You could see them all with unit number if you are a Pro User. Click to learn more.

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
400 to 500
2,877
85
912,926
15
3.8
600 to 700
3,628
23
1,390,000
2
3.1
700 to 800
3,718
13
1,448,500
6
3.1
900 to 1000
4,967
9
1,850,000
1
3.2
1000 to 1100
5,042
6
2,061,481
6
2.9
1300 to 1400
5,900
2
2,430,000
2
2.9
Historical Quarterly Rental
Note: 25% of the tenant population paid below Rental 25th, 50% paid below the Median Rental and 75% paid below Rental 75th. Data are only available if there are more than 10 contracts signed in any quarter.

Graph Data

Table Data

PeriodRental 25th (S$ psf pm)Median Rental (S$ psf pm)Rental 75th (S$ psf pm)Contacts Signed
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Nearby Land Sales

No Data

Listings

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thumb-images
11
View to Offer
  • 44% Rental Volume

  • 2 beds
  • 2 baths
  • Condominium
  • D3
  • 2017
  • 99 years
  • S$ 2,140 psf
  • 232 Commonwealth Avenue
Teng Yen
send_enquiry
thumb-images
8
View to Offer
  • 44% Rental Volume

  • 2 beds
  • 2 baths
  • Condominium
  • D3
  • 2017
  • S$ 2,140 psf
  • 700 sqft
  • Commonwealth Avenue
Stacey Ong
send_enquiry
thumb-images
11
View to Offer
  • 44% Rental Volume

  • 1 bed
  • 1 bath
  • D3
  • 2017
  • 99 years
  • S$ 2,180 psf
  • 232 Commonwealth Avenue
Angela Sng
send_enquiry
thumb-images
11
View to Offer
  • 44% Rental Volume

  • 2 beds
  • 2 baths
  • D3
  • 2017
  • 99 years
  • S$ 2,140 psf
  • 232 Commonwealth Avenue
Yvonne Yang
send_enquiry
thumb-images
11
View to Offer
  • 44% Rental Volume

  • 3 beds
  • 2 baths
  • Condominium
  • D3
  • 2017
  • 99 years
  • S$ 2,160 psf
  • 230 Commonwealth Avenue
Lawrence Tay
send_enquiry
thumb-images
11
View to Offer
  • 44% Rental Volume

  • 1 bed
  • 1 bath
  • Condominium
  • D3
  • 2017
  • 99 years
  • S$ 2,040 psf
  • 230 Commonwealth Avenue
Sharon Wan
send_enquiry
thumb-images
11
$930,000
  • 44% Rental Volume

  • 1 bed
  • 1 bath
  • D3
  • 2017
  • 99 years
  • S$ 1,960 psf
  • 230 Commonwealth Avenue
Gelene Ong
send_enquiry
thumb-images
11
View to Offer
  • 44% Rental Volume

  • 3 beds
  • 3 baths
  • D3
  • 2017
  • 99 years
  • S$ 1,990 psf
  • 232 Commonwealth Avenue
Kenneth Koh
send_enquiry
thumb-images
11
$960,000
  • 44% Rental Volume

  • 1 bed
  • 1 bath
  • D3
  • 2017
  • 99 years
  • S$ 2,070 psf
  • 232 Commonwealth Avenue
James Ow
send_enquiry
thumb-images
11
$2,080,000
  • 44% Rental Volume

  • 3 beds
  • 2 baths
  • D3
  • 2017
  • 99 years
  • S$ 2,300 psf
  • 230 Commonwealth Avenue
HENGPING (HENRY) Guo
send_enquiry

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Property News

How did the private rental market perform this year?

Property News

Surge in sales in Alexandra-Queenstown area

Property News

Buyers return to Alexandra-Commonwealth

Property News

Commonwealth Towers, Principal Garden benefit from launch of Queens Peak

Property News

Affordable city fringe homes

FAQs about COMMONWEALTH TOWERS

What is the nearest MRT Station to COMMONWEALTH TOWERS ?
The nearest MRT Station from COMMONWEALTH TOWERS is Queenstown EW19 MRT