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FairComparisons
D23 Bukit Panjang

ECO SANCTUARY

CHESTNUT AVENUE · District 23 · 99 yrs lease commencing from 2012

Median Price

S$1.1M

113 transactions

Price Range

S$680K - S$2.4M

Tenure

Leasehold

99 yrs lease commencing from 2

Avg Rent

S$4.87 psf

per month

ECO SANCTUARY Price Analysis

ECO SANCTUARY is a leasehold development on CHESTNUT AVENUE in District 23 (Bukit Panjang). According to URA transaction records, 113 private residential transactions have been recorded at this development, with a median price of S$1,150,000. Prices range from S$680K for the smallest units to S$2.4M for premium configurations.

The development offers units across 5 size categories. The most traded segment is studio (<50 sqm) at a median of S$792,500. Larger units (4-bed (130-170 sqm)) trade at S$2,235,000, reflecting the premium for additional space.

Floor level significantly impacts pricing at ECO SANCTUARY. High-floor units (01-05) command a median of S$1,352,500, while low-floor units (11-15) sell for S$1,088,000. That is a 24% premium for higher floors, worth S$265K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.

On the rental side, ECO SANCTUARY commands an average of S$4.87 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 4.4%.

Price Trend

Median transaction price by contract month.

Source: URA Private Residential Property Transactions

Price by Floor Level

01-05
S$1.4M
18 txns
21-25
S$1.1M
19 txns
16-20
S$1.1M
25 txns
06-10
S$1.1M
24 txns
11-15
S$1.1M
27 txns

Price by Unit Size

Size BandMedian PriceAvg SizeTransactions
Studio (<50 sqm)S$793K47 sqm6
1-Bed (50-70 sqm)S$1.0M64 sqm49
2-Bed (70-100 sqm)S$1.4M86 sqm39
3-Bed (100-130 sqm)S$1.8M114 sqm15
4-Bed (130-170 sqm)S$2.2M153 sqm4

FAQ

What is the average price of ECO SANCTUARY?

The median transaction price at ECO SANCTUARY is S$1,150,000, based on 113 URA-recorded transactions. Prices range from S$680K to S$2.4M.

Does floor level affect prices at ECO SANCTUARY?

Yes. High-floor units (01-05) sell for a median of S$1,352,500, while low-floor units (11-15) sell for S$1,088,000. That is a 24% premium for higher floors.

What is the rental rate at ECO SANCTUARY?

The average rental rate at ECO SANCTUARY is approximately S$4.87 per square foot per month, based on URA median rental data.

Source: URA Private Residential Property Transactions. Analysis by FairComparisons.