The Centrepoint
The Centrepoint is a 99-year leasehold condominium in District 9 (Orchard, Cairnhill, River Valley), within Singapore's Core Central Region (CCR). The development comprises 66 units, on a lease that commenced in 1979. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Overview & Key Facts
THE CENTREPOINT is a 99 yrs lease commencing from 1979 condominium at ORCHARD ROAD in District 9 (CCR), developed by , comprising 66 units.
Location & Connectivity
THE CENTREPOINT is approximately 180m from Somerset MRT station, with 16 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Somerset | North-South Line | 180m |
| Dhoby Ghaut | North-South Line | 760m |
| Dhoby Ghaut | North-East Line | 760m |
| Dhoby Ghaut | Circle Line | 760m |
| Orchard | North-South Line | 910m |
| Orchard | Thomson-East Coast Line | 910m |
Schools & Education
17 schools within 2 km (5 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| ACS (Junior) | Primary | 420m |
| Fairfield Methodist School (Primary) | Primary | 940m |
| Kheng Cheng School | Primary | 960m |
| St. Anthony's Primary School | Primary | 970m |
| NPS International School | International | 980m |
| Singapore Management University | Tertiary | 1.3 km |
| St. Margaret's Primary School | Primary | 1.3 km |
| St. Margaret's Secondary School | Secondary | 1.4 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 9 | $2,850 psf | $2,106,471 |
| 3 BR | 4 | $2,302 psf | $2,612,500 |
Market Position
THE CENTREPOINT has recorded 13 sales at an average price of $2,262,172.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 1 | $2,869 psf | — |
| 2023 | 7 | $2,716 psf | ↓ 5.4% |
| 2024 | 5 | $2,597 psf | ↓ 4.4% |
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THE CENTREPOINT prices have cooled 9.5% from the 2021 peak, yet remain 9.5% below where the series began in 2021.
Price Index Check
The ShiokNest Price Index for District 9 reads 102.3 as of June 2026 — up 0.9% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
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Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| IRWELL HILL RESIDENCES | 99 yrs lease commencing from 2020 | $2,731 psf | 585 |
| RIVER GREEN | 99 yrs lease commencing from 2024 | $3,139 psf | 494 |
| RIVER MODERN | 99 years leasehold | $3,243 psf | 427 |
| THE AVENIR | Freehold | $3,191 psf | 323 |
| KOPAR AT NEWTON | 99 yrs lease commencing from 2019 | $2,512 psf | 256 |
Lease Analysis
With 52 years remaining on its 99-year lease, buyers should note CPF usage and loan tenure may be restricted.
What Could Work Against You
- With roughly 52 years left on the lease, financing restrictions begin to bite: CPF usage tightens and banks trim loan tenures, which shrinks the future buyer pool.
- Only 0 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
- At 66 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
Best suited for
Who This Actually Suits
Buyers most likely to be happy here: empty nesters / downsizers, mrt-walkable commuters and boutique low-density (<100 units). Manageable scale and accessibility profile work for buyers right-sizing from a larger home.
For families with young children, long-term hold (10+ yr) and foreign / absd-aware buyers, it can work — but weigh the trade-offs before committing.
It is a weaker fit for resort facilities — other options likely serve them better. Resort-grade amenity stack including multiple pools, clubhouse, and recreational facilities.
One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.
Verdict
THE CENTREPOINT is a 99 yrs lease commencing from 1979 development in District 9 (CCR), with 66 units, offering a gross yield of 2.2%.
Explore the full THE CENTREPOINT dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing THE CENTREPOINT against staying public? These HDB towns sit within walking or short-drive distance:
- Central Area — 4-room average $1,088,814 (1.2 km away), an upgrader gap of about $1,150,000
- Bukit Merah — 4-room average $894,787 (1.5 km away), an upgrader gap of about $1,350,000
- Kallang/whampoa — 4-room average $882,887 (1.7 km away), an upgrader gap of about $1,400,000
FAQ
What is the average PSF for THE CENTREPOINT?
Is THE CENTREPOINT freehold?
What is the rental yield for THE CENTREPOINT?
Which MRT is nearest to THE CENTREPOINT?
Sources & Next Steps
- THE CENTREPOINT Dashboard — Live charts and analytics
- URA — Official transaction data
- District 9 (Orchard, Cairnhill, River Valley) — District 9 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 13 transactions
- Rental data: 227 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Nov 2024 · 13 records analysed · Source: URA private-sale caveats