Home Rent Condo Whole Unit 2RM D03 - Alexandra / Commonwealth2 Bed Condo for Rent in Commonwealth Towers

2 Bed Condo for Rent in Commonwealth Towers

230 Commonwealth Avenue 149739, Margaret Drive, Central Region, Singapore

$5,388 /month

Added a month ago

Condo Whole UnitFor rent

Beds: 2Baths: 2Area: 689 sqft

Market Price· Fairly priced

+11View all

Nearest MRT Station

Queenstown

East-West Line EW19

walk•

Property Details

Property IDWEV7UmgrZg6rHW7MztMSL3

PriceS$5,388

Property TypeCondo Whole Unit

StatusFor rent

Beds2

Baths2

Built Area689 sqft

PSF

S$8

Year Built2019

Furnished StatusFully furnished

Description

Development Information

District & Area

D03 - Queenstown

Nearest MRT

Queenstown MRT · 1 min walk

Tenure

99 years

TOP Date

1 December 2019

Project Size

Medium (845 units)

845 units

Building Structure

2 Blocks, 43 Floors

Developer

Wealthall Developments Pte. Ltd.,Hong Leong Holdings Ltd

Unit Configuration

Bedroom Types1, 2, 3, 4 Bedroom

Floor Plan Details

Commonwealth Towers has a total of 845 units, from 1 Bed - 1 Bath to 4 Bed - 3 Bath units. There are 26 types of floor plans from 441 sqft to 1,302 sqft.

Site Plan

Commonwealth Towers has 2 blocks and up to 43 storeys.

Development Facilities

BBQClubhouseFitness CornerFunction RoomGymHammocksHydrotherapy PoolJacuzziLap PoolLibraryLoungeOutdoor DiningPlaygroundPool DeckReflexology PathSky TerraceSpa PavillionSwimming PoolTennis CourtWading PoolYoga Corner

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Features & Amenities

Reflexology path

Wading pool

Washer

Pool deck

Oven

Sky terrace

Clubhouse

Lap pool

Aircon

Swimming pool

Outdoor dining

Yoga corner

Library

Balcony

Fitness corner

Bed

Function room

Jacuzzi

Gym

Dining room furniture

Spa pavilion

Hydrotherapy pool

Dishwasher

Lounge

Hammocks

Corner unit

Playground

Bbq

Fridge

Tennis court

Location

230 Commonwealth Avenue 149739, Margaret Drive, Central Region, Singapore

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Total Transactions

256

Average Price

S1.4M

Total Value

S348.8M

Sales Timeline

Property Value Estimate

Estimated sale value based on 1067 URA transactions · 27 outliers removed (IQR)

Fair Value

S$1.21M

S$1,757 psf

Asking Price

S$5,388

S$8 psf

Listing Type

Rental

Sale value shown for reference

vs Last Done

-99.5%

Good Deal

Tenure

92 yrs

99-year Leasehold · Balance remaining

Confidence

High

1067 comps

High = 10+ comps

Medium = 5–9 comps

Low = <5 comps

Nearest MRT

Queenstown

148m away · +3% premium

URA PSF Trendline vs Listing Price

Hedonic Adjustment Breakdown

Base URA PSF

1067 comparable transactions

S$2,125

Floor Premium

0.5% per floor vs median

+0.0%

Tenure Decay

Bala's curve (99yr leasehold)

×0.802

MRT Proximity

Within 500m / 1km

+3%

AI Condition Premium

HELIOS scan of listing description

Adjusted Fair Value PSF

S$1,757

Recent Comparable Transactions

10 shown · 1067 total

Date	Block / Street	Area	Price	PSF	Tenure
Last DoneAug 2025	QUEENSWAY Floor 11-15	1,679sqft	S$2,580,000	▼S$1,536 -12.6% vs FV	Freehold
Aug 2025	QUEENSWAY Floor 11-15	1,679sqft	S$2,580,000	▼S$1,536 -12.6% vs FV	Freehold
Aug 2025	DUNDEE ROAD Floor 21-25	441sqft	S$985,000	▲S$2,232 +27.0% vs FV	99 yrs lease commencing from 2015
Aug 2025	COMMONWEALTH AVENUE Floor 41-45	1,076sqft	S$2,730,000	▲S$2,536 +44.3% vs FV	99 yrs lease commencing from 2013
Aug 2025	COMMONWEALTH AVENUE Floor 06-10	904sqft	S$2,096,888	▲S$2,319 +32.0% vs FV	99 yrs lease commencing from 2013
Aug 2025	COMMONWEALTH AVENUE Floor 01-05	474sqft	S$905,000	▲S$1,911 +8.8% vs FV	99 yrs lease commencing from 2013
Aug 2025	STIRLING ROAD Floor 06-10	764sqft	S$1,790,000	▲S$2,342 +33.3% vs FV	99 yrs lease commencing from 2017
Aug 2025	STIRLING ROAD Floor 06-10	635sqft	S$1,480,000	▲S$2,330 +32.6% vs FV	99 yrs lease commencing from 2017
Aug 2025	STIRLING ROAD Floor 21-25	441sqft	S$1,030,000	▲S$2,334 +32.8% vs FV	99 yrs lease commencing from 2017
Aug 2025	STIRLING ROAD Floor 01-05	764sqft	S$1,750,000	▲S$2,290 +30.3% vs FV	99 yrs lease commencing from 2017
Aug 2025	STIRLING ROAD Floor 11-15	441sqft	S$1,014,000	▲S$2,298 +30.8% vs FV	99 yrs lease commencing from 2017

Last Done

QUEENSWAY

Aug 2025 · Floor 11-15

▼S$1,536 psf

-12.6% vs FV

1,679 sqftS$2,580,000Freehold

QUEENSWAY

Aug 2025 · Floor 11-15

▼S$1,536 psf

-12.6% vs FV

1,679 sqftS$2,580,000Freehold

DUNDEE ROAD

Aug 2025 · Floor 21-25

▲S$2,232 psf

+27.0% vs FV

441 sqftS$985,00099 yrs lease commencing from 2015

COMMONWEALTH AVENUE

Aug 2025 · Floor 41-45

▲S$2,536 psf

+44.3% vs FV

1,076 sqftS$2,730,00099 yrs lease commencing from 2013

COMMONWEALTH AVENUE

Aug 2025 · Floor 06-10

▲S$2,319 psf

+32.0% vs FV

904 sqftS$2,096,88899 yrs lease commencing from 2013

COMMONWEALTH AVENUE

Aug 2025 · Floor 01-05

▲S$1,911 psf

+8.8% vs FV

474 sqftS$905,00099 yrs lease commencing from 2013

STIRLING ROAD

Aug 2025 · Floor 06-10

▲S$2,342 psf

+33.3% vs FV

764 sqftS$1,790,00099 yrs lease commencing from 2017

STIRLING ROAD

Aug 2025 · Floor 06-10

▲S$2,330 psf

+32.6% vs FV

635 sqftS$1,480,00099 yrs lease commencing from 2017

STIRLING ROAD

Aug 2025 · Floor 21-25

▲S$2,334 psf

+32.8% vs FV

441 sqftS$1,030,00099 yrs lease commencing from 2017

STIRLING ROAD

Aug 2025 · Floor 01-05

▲S$2,290 psf

+30.3% vs FV

764 sqftS$1,750,00099 yrs lease commencing from 2017

STIRLING ROAD

Aug 2025 · Floor 11-15

▲S$2,298 psf

+30.8% vs FV

441 sqftS$1,014,00099 yrs lease commencing from 2017

Below Fair Value

Above Fair Value

FV: S$1,757 psf

HELIOS AI Analysis

Based on 1067 URA transactions (27 outliers removed), adjusted for: Tenure decay (19.7% discount); MRT Queenstown 148m away (+3%)

⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.

Calculating fair value from URA transaction data…

Jeremy Khoo

License: L3008022J

2 Bed Condo for Rent in Commonwealth Towers

IMAGES GALLERY

Nearest MRT Station

Property Details

Description

District & Area

Nearest MRT

Tenure

TOP Date

Project Size

Building Structure

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Location

Sales Timeline

Property Value Estimate

Jeremy Khoo

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Property Value Estimate