Southbank

Southbank is an apartment in District 7 (Bugis / Beach Road), in the Rest of Central Region. In the 12 months to August 2026, the median price was S$1,926 psf from 8 sales.

At a glance

District: District 7 (Bugis / Beach Road)
Region: Rest of Central Region
Type: Apartment
Tenure: 99-year lease from 2006, about 79 years left
Completed: 2010, about 16 years old

What the prices say

The median home in Southbank sold for S$1,825,000: the middle of 8 sales in the 12 months to August 2026.

That is about the same as the middle condo project in District 7 (Bugis / Beach Road) (S$1,962 psf, across 13 projects), within 2%. By price per square foot it ranks 8th of the 12 projects in the district that have a price to show, where 1st is the highest.

Year by year, the median was S$1,676 psf in 2021 (15 sales) and S$1,879 psf in 2026 so far (5 sales), up about 12%. The highest year in the record was 2025 at S$1,920 psf.

By unit size (24 months): 600 to 899 sq ft at S$1,923 psf and 900 to 1,199 sq ft at S$1,903 psf. Price per square foot was similar across sizes.

Against similar projects in the district

This project and the three others in District 7 (Bugis / Beach Road) whose median over the last 12 months is closest to Southbank's S$1,926 psf. They are chosen by price per square foot, not by distance, so they may not be neighbours.

Their middle figure is S$1,962 psf, about the same as Southbank (within 2%).

Projects in District 7 (Bugis / Beach Road) closest in price to Southbank, 12 months to August 2026
Project	Median price per sq ft	Sales
Southbank	S$1,926 psf	8
Concourse Skyline	S$1,962 psf	19
City Gate	S$2,130 psf	22
The Bencoolen	S$1,675 psf	6

What sells here

8 homes sold in the last 12 months, down from 14 in the 12 months before.

The most common size was 900 to 1,199 sq ft, with 10 of the 22 sales in the last 24 months, close to half.

None of the 22 sales in the last 24 months were first sales of new units: all 22 were resales.

The first new sale in our records was in June 2006.

Rents and yield

Rental contracts that began in the 12 months to August 2026 had a median rent of S$5,050 a month (65 contracts). The district's median across every contract was S$4,650, so rents here ran noticeably above it: about 9% higher.

Over the 24 months the median rent was S$5,000 (132 contracts), about the same as the latest 12 months, within 1%.

By bedrooms: 1 bedroom S$3,800 (21), 2 bedrooms S$5,175 (32) and 3 bedrooms S$7,050 (12). The figure in brackets is the number of contracts.

Age and lease

The title is a leasehold, so the years remaining shrink each year. The leases and tenure entry in the glossary explains what that means for a buyer.

Leases and tenure in the glossary

What this page cannot tell you

A median is the middle of many different homes in Southbank. It does not describe one unit: its condition, facing, view, renovation, floor or stack can each move a price well away from the middle, and none of them is in the records behind this page.

The figures are recorded transactions, so they describe what has sold and not what is on the market now. They are not a valuation, and they say nothing about future prices.

Questions this page answers

What is the median price per square foot in Southbank?

S$1,926 psf in the 12 months to August 2026, from 8 sales. For the median home that is S$1,825,000.

How many homes sold in Southbank?

8 in the last 12 months and 22 in the last 24 months, across all sale types.

What do homes in Southbank rent for?

The median rent for contracts that began in the 12 months to August 2026 was S$5,050 a month, from 65 contracts.

How much lease is left in Southbank?

It is a 99-year lease from 2006, which leaves about 79 years at 2026.

Figures from URA data, 12 months to August 2026. Rents to August 2026. General information, not financial advice.

The figures

Sale prices

Resale and new-sale prices for Southbank
Period	Median price per sq ft	Median price	Sales
Last 12 months	S$1,926 psf	S$1,825,000	8
Last 24 months	S$1,912 psf	S$1,743,000	22
Last 5 years	S$1,879 psf	S$1,730,000	41

Source: URA data. Data as of August 2026.

Price by year

Median price per sq ft by year for Southbank
Year	Median price per sq ft	Sales
2021	S$1,676 psf	15
2023	S$1,805 psf	6
2024	S$1,879 psf	12
2025	S$1,920 psf	11
2026 (to August)	S$1,879 psf	5

Each year is the median over the sales recorded in it. Source: URA data. Data as of August 2026.

Price by floor range

Median price per sq ft by floor range for Southbank, last 24 months
Floor range	Median price per sq ft	Sales
Floor 21 and above	S$1,923 psf	15

Price by unit size

Median price per sq ft by unit size for Southbank, last 24 months
Size	Median price per sq ft	Sales
600 to 899 sq ft	S$1,923 psf	5
900 to 1,199 sq ft	S$1,903 psf	10

The floor is the storey recorded in each sale. Source: URA data. Sales in the 24 months to August 2026. Data as of August 2026.

Rents

Rents for Southbank
Period	Median rent	Contracts
Last 12 months	S$5,050 a month	65
Last 24 months	S$5,000 a month	132

Rents for Southbank by bedrooms
Bedrooms	Median rent, 12 months	Contracts	Median rent, 24 months
1 bedroom	S$3,800 a month	21	S$3,800 a month
2 bedrooms	S$5,175 a month	32	S$5,100 a month
3 bedrooms	S$7,050 a month	12	S$7,150 a month
4 or more bedrooms	Under 5 contracts	0	Under 5 contracts

Source: URA data, rental contracts. Rents are the median of the contracts that began in the period. Data as of August 2026.

Where to look next

What could a unit here sell for?

Condo Atlas can give an indicative value for a unit in Southbank, with a likely range and the recent sales behind it. Sign in is free.

Open Southbank in Condo Atlas

Other condos in District 7 (Bugis / Beach Road)

About the data

Figures are medians of transactions recorded by URA, over the periods shown, and a figure appears only when at least 5 records sit behind it. Sale figures: data as of August 2026. Rent figures: data as of August 2026. Swee Homes is not affiliated with URA or Condo Atlas. General information, not financial advice.