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The Metropolitan Condominium

D3RCRCentralBukit Merah
REALSCOREⓘ
Profitability rank across Singapore
3.2
User Score
User ratings for this property
4.0
Annual Returns
Avg annualized profit (past 1y)
4.3%

The Metropolitan Condominium is a 2009-completed project in Bukit Merah that offers highly convenient urban living just a two-minute walk from Redhill MRT station 🚆.
Good to know: Features a substantial 44-storey height providing expansive views of the city ☁️; Located within 1km of several schools including Crescent Girls' School and Gan Eng Seng Primary 🏫.
Practical note: While the location is incredibly well-connected, the project's high-density design and 99-year leasehold status are factors to weigh against the convenience of living right next to the train line 🏙️.

< 1km
MRT Station
Near
$1M+ HDB
Mega
Development
< 10y
Property Age
> 1K
MOPs in Town
100%
Profitable
Top 20
Schools
50+
Deals Past Yr

Project Facts

Street
Alexandra View
Developer
Tanglin Residential Pte Ltd
Property Type
Condominium
Completion
2009
Total Units
382
Plot Ratio
4.9
Unit Size
721 - 3,412 sqft
Tenure
99 yrs from 17/02/2006
Lease Remaining
79 yrs
Postal Sector
15

GLS Site

Land Use
Residential (Non-Landed)
Development Type
Residential
Site Area
9742.00
Plot Ratio
4.90
Permissible GFA
47735.80
GLS Launch
18-10-2005
Tender Closed
16-11-2005
Awarded
21-11-2005
Awarded To
CRL Realty Pte Ltd and Lippo Group International Pte Limited
Bids
12
Winning Tender
179988000.00
Land Rate (GFA)
3770.50
Land Rate (ppr)
350.29
Max GFA (Est.)
47735.80
Estimated Units
415

Nearby Stations

  • Redhill124 m MRTEW18
See details on nearby stations

Nearby Primary Schools

  • Gan Eng Seng Primary School528 m
  • Alexandra Primary School906 m
  • Queenstown Primary School1,000 m
See details on nearby schools

Transaction

N.A.
Sold At Launch
30%
HDB Buyers
$1.2B+
Total Transacted
04-11-2006
First Transacted
17-04-2026
Last Transacted
860
Total Transactions

Transaction Volume

Transaction Volume01020302019 · Resale: 920192020 · Resale: 1220202021 · Resale: 2320212022 · Resale: 1420222023 · Resale: 1620232024 · Resale: 1720242025 · Resale: 1720252026 · Resale: 42026
New SaleSub SaleResale
94.7%
% Profitable
461
Profitable
27
Unprofitable
240
> 6% Annualized
5.1 yrs
Avg Holding
$204.5M
Total Profits

Annualized Profit %

Annualized Profit %0.0%1.5%3.0%4.5%6.0%2019 · Average Annualized Profit: 3.5%20192020 · Average Annualized Profit: 2.9%20202021 · Average Annualized Profit: 4.3%20212022 · Average Annualized Profit: 3.8%20222023 · Average Annualized Profit: 4.3%20232024 · Average Annualized Profit: 4.2%20242025 · Average Annualized Profit: 4.2%20252026 · Average Annualized Profit: 4.7%2026
View full details

Rental

Past 1 month
$5.42
Avg PSF Rental
40
No. of Rentals
3.2%
Est. Rental Yield

Rental Volume

Rental Volume0501001502019 · Rentals: 11920192020 · Rentals: 10820202021 · Rentals: 11520212022 · Rentals: 10620222023 · Rentals: 10320232024 · Rentals: 8320242025 · Rentals: 9120252026 · Rentals: 322026
View full details
Unit Distribution
TypeUnits%Size
2 BR11630.40%721 - 1,076 sqft
3 BR13435.10%1,356 - 1,421 sqft
4 BR12131.70%1,733 - 1,787 sqft
Penthouse112.90%2,831 - 3,412 sqft
Profitability by Block
BlockPostal CodeProfitable %Annualized Profit %
815874795.5%8.8%
615874693.6%9.4%
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