PropKaki
99-yearRCRDistrict 3 (Queenstown)

Commonwealth Towers

Reviewed by Nathan TangUpdated 20 June 2026Data through May 2026 (URA)
Quick Summary

Commonwealth Towers is a 99-year condominium in District 3 (Queenstown) that obtained TOP in 2017, with 845 units across 2 blocks. Units have recently transacted around S$1.03M (S$2,256 psf), from 1,161 sales on record. There are 89 units for sale from S$950k to S$3.50M. The lease has approximately 86 years remaining.

1

What are the key facts about Commonwealth Towers?

Key Takeaway

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$2,256 psf
Last transacted
May 2026
Remaining lease
≈ 86 years
2

What is the price and PSF at Commonwealth Towers?

Key Takeaway

Units have recently transacted around S$1.03M (S$2,256 psf), at a gross rental yield of about 3.8% (URA caveat data).

Recent median price

S$1.03M

recent · 1,161 sales on record

Median PSF

S$2,256 psf

recent transactions

Median rent (monthly)

S$3,252

2,849 rentals on record

Gross rental yield

3.8%

indicative, gross

Units currently for sale are asking a median of S$2,279 psf.

Source: URA caveat data, through May 2026.

3

What has recently sold at Commonwealth Towers?

Key Takeaway

Commonwealth Towers has 1161 recorded sales; the most recent transacted at S$945,000 in May 2026 (URA caveat data).

DatePriceSize (sqft)PSF
May 2026S$945,000463S$2,042 psf
May 2026S$2,300,000904S$2,544 psf
Apr 2026S$1,640,000689S$2,381 psf
Apr 2026S$990,000463S$2,139 psf
Apr 2026S$1,018,888441S$2,309 psf
Apr 2026S$1,715,000797S$2,153 psf
Mar 2026S$1,030,000441S$2,334 psf
Mar 2026S$1,050,000474S$2,217 psf
Mar 2026S$940,000463S$2,031 psf
Mar 2026S$1,560,000689S$2,264 psf
Feb 2026S$1,020,000452S$2,256 psf
Feb 2026S$2,712,0001,033S$2,624 psf

1,161 sales and 2,849 rentals on record since May 2014. Source: URA.

4

What bedroom types are available at Commonwealth Towers?

Key Takeaway

Commonwealth Towers has 89 units listed for sale, spanning 0–4-bedroom layouts.

Based on units currently listed for sale.

BedroomsFor salePrice rangeMedian PSF
0-bedroom1S$1.18M–S$1.18MS$2,676 psf
1-bedroom56S$950k–S$1.35MS$2,256 psf
2-bedroom16S$1.54M–S$1.90MS$2,390 psf
3-bedroom10S$2.30M–S$2.98MS$2,544 psf
4-bedroom6S$3.48M–S$3.50MS$2,673 psf
5

Where is Commonwealth Towers and what's nearby?

Key Takeaway

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.

6

How far is Commonwealth Towers from MRT and schools?

Key Takeaway

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

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

Mall: Anchorpoint · 800 mSupermarket: Sheng Siong Supermarket Pte Ltd · 417 mHawker centre: Margaret Drive Hawker Centre · 245 m

Straight-line distances from the development. Source: PropKaki amenities data.

7

What facilities does Commonwealth Towers have?

Key Takeaway

Commonwealth Towers has 11 facilities, including Barbeque Area, Fitness corner, Function room, Gymnasium room, and more.

Barbeque AreaFitness cornerFunction roomGymnasium roomJacuzziLoungePool DeckPlaygroundSwimming poolTennis courtsWading pool
8

What does it cost to own a unit at Commonwealth Towers?

Key Takeaway

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

9

Frequently asked questions about Commonwealth Towers

What is the price at Commonwealth Towers?

Units at Commonwealth Towers have recently transacted around S$1.03M (S$2,256 psf), from 1,161 sales on record (URA caveat data).

What is the PSF at Commonwealth Towers?

Units for sale at Commonwealth Towers are asking a median of about S$2,279 psf.

Is Commonwealth Towers freehold or leasehold?

Commonwealth Towers is 99-year, with approximately 86 years remaining on the lease.

When was Commonwealth Towers built?

Commonwealth Towers obtained TOP in 2017, developed by WEALTHALL DEVELOPMENT PTE LTD.

How many units are for sale at Commonwealth Towers?

There are 89 units for sale at Commonwealth Towers, from S$950k to S$3.50M.

What is the rental yield at Commonwealth Towers?

Gross rental yield at Commonwealth Towers is about 3.8%, based on median current rents and prices.

How many units are in Commonwealth Towers?

Commonwealth Towers has 845 units across 2 blocks.

What facilities does Commonwealth Towers have?

Commonwealth Towers has 11 facilities, including Barbeque Area, Fitness corner, Function room, Gymnasium room, Jacuzzi, Lounge, and more.

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.

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