230 Commonwealth Avenue, Singapore 149739
Commonwealth Towers is an 845-unit leasehold condominium in two 43-storey towers at 230 and 232 Commonwealth Avenue, completed in 2017 by Wealthall Development, the City Developments, Hong Leong Holdings and Hong Realty joint venture. Two facts carry the address: Queenstown MRT is about 100 metres from the lobby, and 612 of the 845 homes are one and two-bedders. Together they describe a rental engine with a platform at the gate.
Queenstown MRT (EW19) is about 100 metres on foot, with no main road to cross. Buona Vista and the doorway to one-north are one stop west, Outram Park and the CBD run under fifteen minutes door to door, and Orchard takes a single transfer. Commonwealth (EW20), Redhill (EW18) and Napier (TE12) all fall inside 2km. A household here can skip car ownership outright.
For families, Queenstown Primary School and New Town Primary School both sit inside the 1km radius that decides priority under P1 registration, with Alexandra, Blangah Rise and Gan Eng Seng Primary following inside 2km. Two schools in the inner band is a hedge rather than a single throw of the dice, and our complete guide to the 2026 Primary One registration exercise sets out how each phase runs. ISS International and Anglo-Chinese School (International) sit within 2km too, which widens the expatriate tenant pool.
The unit mix is urban and the counts say so. 341 one-bedroom homes run from 441 to 484 sqft and 271 two-bedders from 689 to 797 sqft, against 195 three-bedders from 904 to 1,076 sqft and 38 four-bedders at 1,302 sqft. That is roughly 72 percent of the estate in the one and two-bedroom band, and it sets both the tenant pool and the eventual exit audience.
Tenure runs 99 years from 7 May 2013, so about 86 years remain in 2026, well clear of the band where financing and CPF rules bite. A plot ratio of 4.9 on a 12,087 sqm site is what pushes the design to 43 storeys and lifts the amenity into the sky. What that position costs is the subject of the sections below.
| UNIT TYPE | TOTAL | SIZES | UNIT MIX | FLOORPLANS |
|---|---|---|---|---|
| 1 Bedroom | 341 | 441 - 484 | 40.36% | |
| 2 Bedroom | 271 | 689 - 797 | 32.07% | (2)a & (2)c |
| 3 Bedroom | 195 | 904 - 1,076 | 23.08% | (3)a, (3y)a, (3y)b & (3y)c |
| 4 Bedroom | 38 | 1,302 | 4.50% | (4)a |
| Overall | 845 | 441 - 1,302 | 100.00% |
City Developments Limited (CDL) is a Singapore developer with a continuous track record since 1963, known for delivering well-built homes and managing projects reliably through market cycles. Its portfolio spans residences, offices, retail, integrated developments, and a global hotel arm under Millennium & Copthorne. Notable projects include Lumina Grand (EC), Tembusu Grand, The Myst, CanningHill Piers, and the revitalised Republic Plaza. Buyers value CDL’s consistent execution, thoughtful layouts, and durable specifications, as well as its focus on sustainable, future-ready design. With strong local experience and stewardship of landmark sites, CDL offers confidence on delivery, long-term asset upkeep, and enduring neighbourhood impact.
Hong Leong Holdings Limited is an established Singapore developer with a long, consistent record in quality, design, and sustainability. It is recognised for dependable delivery and well-planned mid- to high-end homes across mature and emerging districts. Notable projects include Lentoria, Lentor Hills Residences, One-North Eden, Penrose, and the luxury development The Avenir, reflecting steady execution and site selection across diverse locales.
Beyond residential work, the group manages commercial assets, underscoring broad real estate capability. Key strengths include disciplined project management, practical layouts, attention to build quality, and responsive after-sales service—factors that support liveability and long-term value for buyers.
Hong Realty (Pte) Ltd, founded in 1962, is a Singapore developer under the Hong Leong Group, one of the country’s largest landowners. It has a consistent record in residential and mixed-use projects, delivering on time and to specification. Notable developments include Amber Park (TOP 2023), Midwood, The Avenir, Midtown Bay, and Midtown Modern. With a substantial land bank and over 8 million sq ft of lettable space, the firm is active across commercial and integrated assets, supporting disciplined project phasing and maintenance. Buyers benefit from stable backing, proven execution, and long-term asset stewardship that prioritises build quality, livability, and ongoing management.
Commonwealth Towers reads best as an income asset that happens to be a comfortable home. The station is at the gate, one-north is one stop away, and seven in ten homes are sized for the people who work there, which is how a city-fringe leasehold has held rental yields near 3.9 percent.
As of July 2026 the last sixty Commonwealth Towers caveats ran between $1,909 and $2,625 psf at a median around $2,275 psf, and the twelve months to July ran $1,911 to $2,624. A spread that wide inside one project is not the market disagreeing about value. It is 43 storeys, and the floor you buy.
Against the immediate pocket the position is easy to place. Queens Peak sits 0.14km away with 736 units from 2020, Stirling Residences 0.46km off with 1,259 from 2022, and Margaret Ville adds 309 from 2021. Commonwealth Towers is the oldest of that modern group and the closest to the platform, so it trades as the shorter walk on the older lease rather than as the newest product.
The land cost underpins that. The consortium won this Government Land Sales site in 2013 for $562.8 million, about $883 psf per plot ratio, while the land under The Crest had gone for $960 psf ppr a year earlier. Discipline then is why this resale range still sits under new launch pricing now, and our coverage of the $950 million Tan Boon Liat en bloc shows what District 3 land costs a developer today.
One technical note before you compare. Commonwealth Towers predates GFA harmonisation, so its strata areas still include aircon ledges that newer launches exclude. Those are not identical square feet, and the honest comparison adjusts for it first.
Weighing an entry at these levels? Send us the stack you are considering and we will pull the floor-by-floor record behind it before you offer, honest advice, no pressure. WhatsApp us.
The Commonwealth Towers floor plan ladder opens at 441 sqft and closes at 1,302 sqft. At the July 2026 median of about $2,275 psf it prices out cleanly: the 441 sqft one-bedder near $1.0m, the 689 sqft two-bedder about $1.57m, the 797 sqft format near $1.81m, the 904 sqft three-bedder around $2.06m, the 1,076 sqft plate about $2.45m and the 1,302 sqft four-bedder close to $2.96m. That is arithmetic on the caveat record, not a price list.
The live prints track it. A 441 sqft one-bedder cleared $950,000 at $2,154 psf in July 2026, a 753 sqft two-bedder $1.75m at $2,324 psf the same month, and a 1,055 sqft three-bedder $2.58m at $2,445 psf in June 2026. Read the psf column, not the quantum: the family plates carry the highest psf in the estate, not the compact ones. With only 233 homes at three bedrooms or more, family stock is the minority here and gets bid for accordingly.
A 441 sqft home does not host, so at Commonwealth Towers the hosting moves out of the apartment. Ground level carries a 50m lap pool, a hydrotherapy pool with aqua gym stations, a lifestyle pool, clubhouse, gym and spa pavilions, then four sky terraces climb the towers with a tea garden, yoga deck, cocktail lounge and spa suites. If you are viewing, go up and stand on the terrace nearest your shortlisted stack before you judge the view line.
Zoom into the pocket that actually competes. This is the Margaret and Mei Chin subzone, eight private developments and about 5,401 homes in total, running from The Anchorage in 1997 to Penrith in 2028. Commonwealth Towers is 845 of them. Only Penrith is under construction inside the pocket, so private supply here is close to fixed for the rest of the decade.
The demand side is why that matters. Queenstown town carries about 44,030 HDB flats across 253 blocks, 21,821 of them 4-room or larger, roughly four large flats for every private home in the subzone. Queenstown resale flats trade near the top of the national table, so that upgrader bid arrives with equity behind it.
The wider Queenstown pipeline is real but lands in other subzones. Blossoms by the Park adds 275 units at one-north for 2027, Zyon Grand marks the corridor’s newest benchmark, and Normanton Park at 1,862 units and Kent Ridge Hill Residences at 548 both completed in 2023. Counting the Dover, Holland and Pasir Panjang sites, roughly 3,100 new private homes are scheduled across the planning area after 2026 and only 462 of them land here. Further south, the Greater Southern Waterfront frees about 1,000 hectares of port land with some 10,000 homes planned at the former Keppel Golf Course, as the URA Master Plan’s regional plans set out.
Two checks belong in any offer. The lease runs from May 2013, leaving about 86 years and no financing complication for a long hold; our guide to 99-year versus freehold works through how that clock shapes a holding period. Liquidity is the second, and the record is clean: 250 caveats since August 2021, running between 33 and 53 trades a year with 25 more by July 2026. Six years without a volume collapse.
Yield is where this address separates from its neighbours. Rentals have averaged about 3.9 percent, strong for the city fringe, with one-north one stop west, NUS and the National University Hospital down the avenue and the CBD a short ride east. The Crest, eight to eleven minutes on foot from Redhill, runs implied yields nearer 3.2 to 3.4 percent, which is the walk priced. Our rental yields guide covers what that headline has to pay for, our Q2 2026 property market review sets the trading pace in national context, and our study of the best performing districts over ten years shows where the city fringe has landed.
This suits young professional couples who live on the train line, investors who want a deep and liquid tenant pool rather than a trophy, parents balloting for the two primary schools inside 1km, and right-sizers staying in the Queenstown they know. About three quarters of recorded buyers are Singaporean, which keeps the owner base steady through cooling-measure cycles.
The exit audience is that same pool, backed by upgraders trading out of a Queenstown flat. Renters see the strongest version of the building: a hundred-metre walk to a platform, a 50m pool and four sky terraces attached, one stop from one-north’s employers. That is what produces the yield and the short gaps between tenancies, and the one-bedroom band is where the arithmetic is tightest, so run your numbers there first.
Fit runs the other way too. If you need genuine family space, Queens Peak and Stirling Residences carry wider ladders in the same pocket and deserve the first viewing. If low-density quiet is the priority, this is not the corner: the estate sits beside a main avenue and the overhead East West Line viaduct, so view your stack at different hours rather than trusting one midday visit.
Thinking about Commonwealth Towers? Floor and facing do most of the work here, and the same layout can live very differently ten storeys apart. Before you commit to a stack, speak to us. We will run the numbers with you, honest advice, no pressure. WhatsApp us.
Commonwealth Towers has 2 blocks of 43 storeys.
Commonwealth Towers rises 43 storeys across 2 blocks.
Commonwealth Towers has 845 residential units.
Commonwealth Towers offers 1 Bedroom (441 to 484 sqft), 2 Bedroom (689 to 797 sqft), 3 Bedroom (904 to 1,076 sqft), 4 Bedroom (1,302 sqft).
The floor plans we hold for Commonwealth Towers are shown on this page. For the full set, a specific stack, or an unblocked-facing recommendation, WhatsApp us and we’ll send them over.
Commonwealth Towers sits on a site of about 12,087 sqm (roughly 130,100 sqft).
Commonwealth Towers is 99-year leasehold (lease from May 2013).
No, Commonwealth Towers is a 99-year leasehold development (lease from May 2013).
Commonwealth Towers is developed by Wealthall Development Pte Ltd (CDL, Hong Leong Holdings & Hong Realty).
Commonwealth Towers was designed by SAA Architects Pte Ltd and built by Kimly Construction Pte Ltd.
Commonwealth Towers’ facilities include a 50m lap pool, hydrotherapy pool with aqua gym, lifestyle pool, clubhouse, gym and spa pavilions with jacuzzi. Four sky terraces at different levels offer a tea garden, yoga deck, cocktail lounge, picnic corner and spa suites. Parking is provided across 3 basement levels.
Commonwealth Towers is at 230 & 232 Commonwealth Avenue – about 100m from Queenstown MRT (EW19), one stop from Buona Vista interchange and three stops from Outram Park.
Commonwealth Towers is located in District 03 (Queenstown, Tiong Bahru), in the Rest of Central Region (RCR).
The nearest MRT is Queenstown (EW19), about 100m away – effectively at the doorstep.
Schools within 1km of Commonwealth Towers: New Town Primary School, Queenstown Primary School.
Primary schools within 2km of Commonwealth Towers: New Town Primary School, Queenstown Primary School, Alexandra Primary School, Blangah Rise Primary School and Gan Eng Seng Primary School. Of these, New Town Primary School and Queenstown Primary School fall inside the 1km P1 registration radius. Secondary options nearby include Queensway Secondary School, Queenstown Secondary School and Bukit Merah Secondary School.
Shopping malls within about 2km of Commonwealth Towers include Anchorpoint, Alexandra Central, Queensway Shopping Centre, Depot Heights Shopping Centre and The Oasis.
Yes – parks within about 2km of Commonwealth Towers include Alexandra Canal Linear Park, Rumah Tinggi ECO Park, Commonwealth Park, Alexandria Hill East Neighborhood Park and Ridout Tea Garden.
Commonwealth Towers sits on a Government Land Sales site beside Queenstown MRT. The 130,101 sqft site was awarded in 2013 to a CDL-Hong Leong consortium (Verwood Holdings, Intrepid Investments and Hong Realty) for $562,800,000 – about $883 psf ppr (Per square foot per plot ratio).
Based on transactions in the last 12 months, PSF ranges from about $1,911 to $2,624, averaging about $2,282 psf.
Based on recent transactions, 1 Bedroom units start from about $900,000, 2 Bedrooms from about $1.55M, 3 Bedrooms from about $2.05M, 4 Bedrooms from about $2.96M.
Commonwealth Towers has seen average rental yields of about 3.9% based on recent transactions, and Queenstown MRT (EW19) is about 100m from the lobby – a genuine doorstep-MRT condo. City-fringe location, one-stop access to Buona Vista’s business parks and a deep tenant pool make it one of D03’s most rentable addresses. As with any RCR project, your entry price matters more than the address – speak to us for a detailed breakdown before committing.
Commonwealth Towers is a good fit for school-focused families – New Town Primary School, Queenstown Primary School are within 1km.
Commonwealth Towers is a 99-year leasehold condominium in District 03 developed by Wealthall Development Pte Ltd (a CDL-Hong Leong joint venture), comprising 845 units across 2 towers of 43 storeys. It obtained TOP in 2017.
Commonwealth Towers obtained TOP in 2017.
Commonwealth Towers launched in 2014 and is fully completed – TOP was obtained in 2017. Units are now available on the resale market.
Yes. Foreigners can buy Commonwealth Towers because it is a private residential development. Foreigners pay 60% Additional Buyer’s Stamp Duty (ABSD) on top of the purchase price.
Commonwealth Towers is a completed development, so there is no showflat. Viewings of available resale units can be arranged with our sales team.
You can book a viewing with our appointed sales team:
Kelvin Sin 9722 2222
Chew Peixuan 9101 5301
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