Commonwealth Tower Prices

The Commonwealth Towers prices are as follows. Comparable market prices and costs can be seen below.

Description No. Units Area (sq m) Area (sq ft) Pricing Range
1 Bedroom 341 41 – 45 sm 441 – 484 sf Around $750K up
2 Bedroom 271 64 – 74 sm 689 – 797 sf Around $1.1xM up
3 Bedroom Compact 75 84 sm 904 sf From $1.4xxM up
3 Bedroom (w Yard) 120 96 – 100 sm 1033 – 1076 sf From $1.6xxM up
4 Bedroom 38 121 sm 1302 sf From $2.1xxM up
Total 845


Queenstown Condo :: Commonwealth Tower Prices


Commonwealth Tower Prices :: Comparables

Comparables are Echelon by CDL, and Alex Residences by Singland, that received strong interest from buyers. Both are next to Redhill MRT, one station away. Based on data from URA, Echelon had an average selling price of $1,8xx PSF (ranging from around $1,5xx PSF upwards for very big units, to around $2,3xx PSF for small units on the highest floors), while Alex Residences was launched at between $1,5xx to $1,8xx PSF.

The land cost for Commonwealth Towers itself was $562,818,171, which works out to S$883 psf per plot ratio Gross Floor Area. This translates to a breakeven of $1,350 to $1,400 PSF including all building and development costs. So Commonwealth Towers pricing on average is in the $1,5xx / $1,7xx PSF range, with some units as low as $1,4xx PSF, and top floor units as high as $1,9xx PSF.

The land cost here is slightly higher than that for Penrose at Aljunied, similarly by CDL, and also on the city fringe. Hence the Penrose condo is likely to launch at around $100 PSF lower, which works out to an average of about $1,5xx PSF. However the Penrose condo is about 6 minutes walk to the Aljunied station, whereas Commonwealth Towers is next door to Queenstown station. Both stations are on the same East-West green line.


Commonwealth Tower Prices :: Investment Potential

Commonwealth Towers is right opposite Queenstown MRT station, in the heart of Queenstown. This is an established residential estate with all necessary supporting amenities. What is exciting is the planned rejuvenation of Queenstown itself. Many surrounding sites are zoned for redevelopment.

What this means is that Commonwealth Towers, given it’s plum location next to the MRT station, is set to potentially reap good gains along with the growth and rejuvenation of the surrounding estate.

Click here to download some notes on the planned Queenstown redevelopment.


Please see the Commonwealth Tower location or floor plans for further information on this project.



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Latest Update: Commonwealth Towers is fully sold out. Thank you for your interest.

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