The Metropolitan Condominium

Condominium · in Bukit Merah, District 3, Singapore · 99 yrs from 17/02/2006 · Completed 2009

Data through 31 August 2026

The Metropolitan Condominium property photo and location

Intro: 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 🏙️.

D3RCRCentralBukit Merah

REALSCOREⓘ

Profitability rank across Singapore

3.3

User Score

User ratings for this property

4.0

Annual Returns

Avg annualized profit (past 1y)

4.3%

< 1km

MRT Station

Near

$1M+ HDB

Mega

Development

< 10y

Property Age

> 1K

MOPs in Town

100%

Profitable

Top 20

Schools

50+

Deals Past Yr

The Metropolitan Condominium project details

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

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

Winning Tender

179988000.00

Land Rate (GFA)

3770.50

Land Rate (ppr)

350.29

Max GFA (Est.)

47735.80

Estimated Units

415

MRT and LRT stations near The Metropolitan Condominium

Redhill124 m MRTEW18

See details on nearby stations

Primary schools near The Metropolitan Condominium

Gan Eng Seng Primary School528 m
Alexandra Primary School906 m
Blangah Rise Primary School1,000 m

See details on nearby schools

The Metropolitan Condominium price, PSF and transaction trends

30%

HDB Buyers

$1.3B+

Total Transacted

04-11-2006

First Transacted

31-08-2026

Last Transacted

866

Total Transactions

The Metropolitan Condominium transaction volume

New SaleSub SaleResale

Among the latest 12 recorded sales for The Metropolitan Condominium, the median price was S$2,809,000 and the median PSF was S$2,026 psf. The newest record shown is from 31 August 2026. The annual project median was 35.4% higher in 2026 than in 2019; unit mix can affect year-to-year comparisons.

Recent The Metropolitan Condominium transactions

Date	Sale type	Price	PSF	Size
31 August 2026	Resale	S$3,000,000	S$2,144 psf	1,399 sqft
24 August 2026	Resale	S$2,180,000	S$2,025 psf	1,076 sqft
14 August 2026	Resale	S$2,100,000	S$1,971 psf	1,066 sqft
7 August 2026	Resale	S$3,460,000	S$1,997 psf	1,733 sqft
30 July 2026	Resale	S$2,860,000	S$2,092 psf	1,367 sqft

The Metropolitan Condominium median transaction PSF (S$)

The Metropolitan Condominium annual price trend

Year	Median price	Median PSF	Recorded sales
2026	S$2,809,000	S$2,019 psf	10
2025	S$2,615,000	S$1,928 psf	17
2024	S$2,560,000	S$1,772 psf	17
2023	S$2,525,000	S$1,736 psf	16
2022	S$2,025,000	S$1,632 psf	14
2021	S$1,950,000	S$1,544 psf	23
2020	S$1,932,500	S$1,464 psf	12
2019	S$1,870,000	S$1,491 psf	9

94.7%

% Profitable

467

Profitable

Unprofitable

241

> 6% Annualized

5.2 yrs

Avg Holding

$211.1M

Total Profits

The Metropolitan Condominium annualized profit %

View full details

The Metropolitan Condominium rental prices and estimated yield

Past 1 month

$5.42

Avg PSF Rental

No. of Rentals

3.2%

Est. Rental Yield

Among the latest 12 recorded rental contracts for The Metropolitan Condominium, the median monthly rent was S$6,750, with records ranging from S$3,900 to S$9,200.

Recent The Metropolitan Condominium rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 August 2026	2 BR	S$4,600	S$6 psf	700-800
1 August 2026	2 BR	S$4,500	S$6 psf	700-800
1 August 2026	3 BR	S$7,000	S$5 psf	1400-1500
1 August 2026	2 BR	S$6,200	S$6 psf	1000-1100
1 August 2026	3 BR	S$8,000	S$5 psf	1700-1800

The Metropolitan Condominium rental volume

View full details

Frequently asked questions about The Metropolitan Condominium

How much do units at The Metropolitan Condominium cost?

The latest 12 recorded sales show a median price of S$2,809,000 and a median of S$2,026 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at The Metropolitan Condominium?

The latest recorded median monthly rent is S$6,750 and the estimated rental yield based on the past six months is 3.2%. Rental yield is indicative and can vary by unit and costs.

Is The Metropolitan Condominium freehold or leasehold?

The Metropolitan Condominium has a tenure of 99 yrs from 17/02/2006.

When was The Metropolitan Condominium completed and who developed it?

The Metropolitan Condominium was completed in 2009, the developer is Tanglin Residential Pte Ltd, and the project has 382 units.

Which MRT or LRT station is nearest to The Metropolitan Condominium?

Redhill is the nearest station shown, at an estimated straight-line distance of 124 metres.

Which primary schools are near The Metropolitan Condominium?

The primary schools shown within the page’s one-kilometre search are Gan Eng Seng Primary School (528 m), Alexandra Primary School (906 m), and Blangah Rise Primary School (1,000 m). Distances are estimates and do not determine school-admission eligibility.

Data sources and methodology

Sale and rental records are based on URA private residential property market data. REALSMART calculates project-level medians, chart groupings, profitability indicators, straight-line distances and estimated rental yields. Data on this page runs through 31 August 2026. Figures are indicative and do not constitute financial advice.