Commonwealth Towers
Commonwealth Towers is a 99-year condominium in District 3 (Queenstown) that obtained TOP in 2017, with 845 units across 2 blocks. Across 1,164 transactions on record, units have recently transacted around S$1.03M (S$2,217 psf, ~463 sqft). There are 76 units for sale from S$940k to S$3.45M. The lease has approximately 86 years remaining.
What are the key facts about Commonwealth Towers?
Commonwealth Towers is a 99-year condominium in District 3 (Queenstown) that obtained TOP in 2017, with 845 units across 2 blocks.
- Tenure
- 99-year
- TOP / Completion
- 2017
- Developer
- WEALTHALL DEVELOPMENT PTE LTD
- Total units
- 845
- Blocks
- 2
- District / Area
- District 3 (Queenstown)
- Market segment
- RCR
- Median PSF
- S$2,217 psf
- Last transacted
- Jun 2026
- Remaining lease
- ≈ 86 years
What is the price and PSF at Commonwealth Towers?
Units have recently transacted around S$1.03M (S$2,217 psf), at a gross rental yield of about 3.8% (URA caveat data).
Recent median price
S$1.03M
recent · 1,164 sales on record
Median PSF
S$2,217 psf
recent transactions
Median rent (monthly)
S$3,251
2,916 rentals on record
Gross rental yield
3.8%
indicative, gross
Units currently for sale are asking a median of S$2,218 psf.
Source: URA caveat data, through Jun 2026.
What has recently sold at Commonwealth Towers?
Commonwealth Towers has 1164 recorded sales; the most recent transacted at S$1,730,000 in Jun 2026 (URA caveat data).
| Date | Price | Size (sqft) | PSF |
|---|---|---|---|
| Jun 2026 | S$1,730,000 | 753 | S$2,296 psf |
| Jun 2026 | S$965,000 | 441 | S$2,187 psf |
| Jun 2026 | S$2,580,000 | 1,055 | S$2,446 psf |
| May 2026 | S$945,000 | 463 | S$2,042 psf |
| May 2026 | S$2,300,000 | 904 | S$2,544 psf |
| Apr 2026 | S$1,640,000 | 689 | S$2,381 psf |
| Apr 2026 | S$990,000 | 463 | S$2,139 psf |
| Apr 2026 | S$1,018,888 | 441 | S$2,309 psf |
| Apr 2026 | S$1,715,000 | 797 | S$2,153 psf |
| Mar 2026 | S$1,030,000 | 441 | S$2,334 psf |
| Mar 2026 | S$1,050,000 | 474 | S$2,217 psf |
| Mar 2026 | S$940,000 | 463 | S$2,031 psf |
1,164 sales and 2,916 rentals on record since May 2014. Source: URA.
Are prices at Commonwealth Towers rising?
The median transacted PSF at Commonwealth Towers has risen 32% over the past 9 years (2017–2026), from S$1,717 psf to S$2,264 psf (URA caveats).
| Year | Median PSF | Median price | Sales | YoY |
|---|---|---|---|---|
| 2026 | S$2,264 psf | S$1.05M | 18 | +0.4% |
| 2025 | S$2,255 psf | S$1.55M | 50 | +3.4% |
| 2024 | S$2,180 psf | S$1.01M | 38 | +3.5% |
| 2023 | S$2,107 psf | S$1.39M | 51 | +7.4% |
| 2022 | S$1,962 psf | S$1.42M | 53 | +3.8% |
| 2021 | S$1,890 psf | S$1.26M | 68 | +2.4% |
| 2020 | S$1,845 psf | S$850k | 30 | +0.1% |
| 2019 | S$1,844 psf | S$1.30M | 11 | -3.0% |
| 2018 | S$1,902 psf | S$1.29M | 14 | +10.8% |
| 2017 | S$1,717 psf | S$1.38M | 385 | — |
Yearly median transacted PSF and price; years with at least 2 recorded sales. Source: URA caveat data.
How many property agents are active around Commonwealth Towers?
7,621 CEA-registered agents closed at least one recorded deal in District 3 — where Commonwealth Towers sits — in the last 12 months, across all property types.
Active agents · 12mo
7,621
District 3 · closed ≥1 deal
Deals on record
38,483
all-time · all property types
Source: CEA public transaction records, attributed to District 3across HDB, condo and landed (agent activity isn't published at project level). Browse the agent directory or compare every market segment.
What bedroom types are available at Commonwealth Towers?
Commonwealth Towers has 76 units listed for sale, spanning 1–4-bedroom layouts.
Based on units currently listed for sale.
| Bedrooms | For sale | Price range | Median PSF |
|---|---|---|---|
| 1-bedroom | 59 | S$940k–S$1.35M | S$2,172 psf |
| 2-bedroom | 13 | S$1.60M–S$1.88M | S$2,296 psf |
| 3-bedroom | 2 | S$2.50M–S$2.98M | S$2,765 psf |
| 4-bedroom | 2 | S$3.45M–S$3.45M | — |
Where is Commonwealth Towers and what's nearby?
Commonwealth Towers is located in Queenstown, in the Central Region of Singapore.
Commonwealth Towers is a 99-year condominium completed in 2017. It was developed by WEALTHALL DEVELOPMENT PTE LTD. The development has 845 residential units. It sits on a land area of 11,788 sqm and has a gross floor area of 57,761 sqm. The plot ratio is 4.9.
COMMONWEALTH TOWERS is located at 232 Commonwealth Avenue, Singapore 149739. It is part of District 03, Queenstown / Tiong Bahru, Queenstown. The project falls within the Central Region and the RCR market segment.
The nearest rail connection is Queenstown MRT, approximately 132m away, around 2 minutes on foot. Nearby amenities include Anchorpoint for shopping, SHENG SIONG SUPERMARKET PTE LTD for groceries, and Margaret Drive Hawker Centre for food options. Facilities in the development include Barbeque Area, Fitness corner, Function room, Gymnasium room, Jacuzzi, and Lounge.
Who built Commonwealth Towers and how big is the development?
Commonwealth Towers was developed by WEALTHALL DEVELOPMENT PTE LTD, designed by SAA ARCHITECTS PTE LTD, with 845 units over up to 43 storeys.
- Developer
- WEALTHALL DEVELOPMENT PTE LTD
- Architect
- SAA ARCHITECTS PTE LTD
- Main contractor
- KIMLY CONSTRUCTION PTE LTD
- Floors
- 43 storeys
- Blocks
- 2
- Land area
- 11,788 sqm (126,885 sqft)
- Gross floor area
- 57,761 sqm (621,734 sqft)
- Plot ratio
- 4.90
How far is Commonwealth Towers from MRT and schools?
The nearest MRT/LRT to Commonwealth Towers is Queenstown MRT, about 132 m away (~2 min walk). 4 schools are within 1 km, including 2 primary schools.
Getting around
- Queenstown MRT132 m · ~2 min
Schools nearby
Homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.
- Queenstown Primary SchoolPrimary schoolwithin 1 km · P1 priority170 m
- Queensway Secondary SchoolSecondary schoolwithin 1 km656 m
- New Town Primary SchoolPrimary schoolwithin 1 km · P1 priority789 m
- Queenstown Secondary SchoolSecondary schoolwithin 1 km833 m
- Crescent Girls' SchoolSecondary school1.3 km
- Bukit Merah Secondary SchoolSecondary school1.4 km
- Gan Eng Seng Primary SchoolPrimary school1.5 km
Shops, food & parks
Straight-line distances from the development. Source: PropKaki amenities data.
What facilities does Commonwealth Towers have?
Commonwealth Towers has 11 facilities, including Barbeque Area, Fitness corner, Function room, Gymnasium room, and more.
What does it cost to own a unit at Commonwealth Towers?
Buying a unit at Commonwealth Towers (~S$1.03M) needs about S$7,540/mo in income and S$3,469/mo in repayments, after S$25,800 stamp duty and a S$258k downpayment.
Illustrative, for a Singapore Citizen buying a unit at the recent median price (S$1.03M) as their first home — 25% down, 30-year loan at 3.5% p.a. Rates as of May 2026. Run it for your own profile →
Buyer's Stamp Duty
S$25,800
BSD, tiered
Downpayment (25%)
S$258k
cash + CPF
Monthly instalment
S$3,469/mo
30y @ 3.5%
Income required
S$7,540/mo
TDSR @ stress rate
Weighing it up as an investment? Gauge the odds with the profitability model, or read how to tell if a condo is profitable →
Thinking about Commonwealth Towers? Ask before you commit.
A fair-value read, recent comps and what a unit really costs — from Commonwealth Towers's own transactions.
PropKakiRecent units at Commonwealth Towers sold close to their fair value — solid, no obvious overpay.
Frequently asked questions about Commonwealth Towers
How much does a unit at Commonwealth Towers cost?⌄
Units at Commonwealth Towers have recently transacted around S$1.03M (S$2,217 psf), from 1,164 sales on record (URA caveats). The exact price depends on size, floor and facing.
How much do I need to earn to buy at Commonwealth Towers?⌄
For a unit around S$1.03M as a first home, you'd need roughly S$7,540/mo in income (assessed at the stress-test rate), with repayments near S$3,469/mo after a S$258k (25%) downpayment and S$25,800 Buyer's Stamp Duty.
Is Commonwealth Towers a good investment?⌄
Gross rental yield is about 3.8%; median PSF has risen about 32% since 2017. Whether it suits you depends on your budget, holding period and the unit's size, floor and facing — all summarised on this page from URA data.
Are prices at Commonwealth Towers going up?⌄
The median transacted PSF at Commonwealth Towers has risen about 32% between 2017 and 2026, based on URA caveats. Year-by-year figures are in the price-trend table above.
Is Commonwealth Towers freehold or leasehold?⌄
Commonwealth Towers is 99-year, with approximately 86 years remaining on the lease.
When was Commonwealth Towers built and who developed it?⌄
Commonwealth Towers obtained TOP in 2017, developed by WEALTHALL DEVELOPMENT PTE LTD, with 845 units across 2 blocks.
How many units are for sale at Commonwealth Towers?⌄
There are 76 units for sale at Commonwealth Towers, from S$940k to S$3.45M.
What is the nearest MRT to Commonwealth Towers?⌄
The nearest MRT/LRT station to Commonwealth Towers is Queenstown MRT, about 132 m away (~2 min walk).
Which primary schools are within 1 km of Commonwealth Towers?⌄
Queenstown Primary School, New Town Primary School are within 1 km of Commonwealth Towers — homes within 1 km of a primary school qualify for Primary 1 (P1) registration priority.