CAVENDISH PARK
PINE GROVE · District 21 · 99 yrs lease commencing from 1991
Median Price
S$1.8M
Price Range
S$1.2M - S$3.5M
Tenure
Leasehold
Avg Rent
S$4.08 psf
CAVENDISH PARK Price Analysis
CAVENDISH PARK is a leasehold development on PINE GROVE in District 21 (Upper Bukit Timah). According to URA transaction records, 51 private residential transactions have been recorded at this development, with a median price of S$1,770,000. Prices range from S$1.2M for the smallest units to S$3.5M for premium configurations.
The development offers units across 4 size categories. The most traded segment is 2-bed (70-100 sqm) at a median of S$1,397,500. Larger units (5+ bed (170+ sqm)) trade at S$3,180,000, reflecting the premium for additional space.
Floor level significantly impacts pricing at CAVENDISH PARK. High-floor units (16-20) command a median of S$2,050,000, while low-floor units (01-05) sell for S$1,692,500. That is a 21% premium for higher floors, worth S$358K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.
On the rental side, CAVENDISH PARK commands an average of S$4.08 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 2.4%.
Price Trend
Median transaction price by contract month.
Source: URA Private Residential Property Transactions
Price by Floor Level
Price by Unit Size
| Size Band | Median Price | Avg Size | Transactions |
|---|---|---|---|
| 2-Bed (70-100 sqm) | S$1.4M | 88 sqm | 16 |
| 3-Bed (100-130 sqm) | S$1.8M | 118 sqm | 29 |
| 4-Bed (130-170 sqm) | S$2.0M | 131 sqm | 4 |
| 5+ Bed (170+ sqm) | S$3.2M | 182 sqm | 2 |
Current Listings
2-Bed sale
Karina Lee · PROPNEX REALTY PTE. LTD.
3-Bed sale
Foo Hoo Seng · ASPAC PROPERTY CONSULTANTS PTE LTD
FAQ
What is the average price of CAVENDISH PARK?
The median transaction price at CAVENDISH PARK is S$1,770,000, based on 51 URA-recorded transactions. Prices range from S$1.2M to S$3.5M.
Does floor level affect prices at CAVENDISH PARK?
Yes. High-floor units (16-20) sell for a median of S$2,050,000, while low-floor units (01-05) sell for S$1,692,500. That is a 21% premium for higher floors.
What is the rental rate at CAVENDISH PARK?
The average rental rate at CAVENDISH PARK is approximately S$4.08 per square foot per month, based on URA median rental data.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.