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FairComparisons
D23 Bukit Panjang

LE QUEST

BUKIT BATOK STREET 41 · District 23 · 99 yrs lease commencing from 2016

Median Price

S$1.2M

114 transactions

Price Range

S$672K - S$2.3M

Tenure

Leasehold

99 yrs lease commencing from 2

Avg Rent

S$5.65 psf

per month

LE QUEST Price Analysis

LE QUEST is a leasehold development on BUKIT BATOK STREET 41 in District 23 (Bukit Panjang). According to URA transaction records, 114 private residential transactions have been recorded at this development, with a median price of S$1,209,050. Prices range from S$672K for the smallest units to S$2.3M for premium configurations.

The development offers units across 4 size categories. The most traded segment is studio (<50 sqm) at a median of S$756,000. Larger units (3-bed (100-130 sqm)) trade at S$1,915,000, reflecting the premium for additional space.

Floor level significantly impacts pricing at LE QUEST. High-floor units (11-15) command a median of S$1,490,000, while low-floor units (01-05) sell for S$1,046,500. That is a 42% premium for higher floors, worth S$444K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.

On the rental side, LE QUEST commands an average of S$5.65 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 4.8%.

Price Trend

Median transaction price by contract month.

Source: URA Private Residential Property Transactions

Price by Floor Level

11-15
S$1.5M
45 txns
16-20
S$1.3M
11 txns
06-10
S$1.2M
50 txns
01-05
S$1.0M
8 txns

Price by Unit Size

Size BandMedian PriceAvg SizeTransactions
Studio (<50 sqm)S$756K44 sqm29
1-Bed (50-70 sqm)S$1.1M62 sqm28
2-Bed (70-100 sqm)S$1.5M86 sqm50
3-Bed (100-130 sqm)S$1.9M115 sqm7

FAQ

What is the average price of LE QUEST?

The median transaction price at LE QUEST is S$1,209,050, based on 114 URA-recorded transactions. Prices range from S$672K to S$2.3M.

Does floor level affect prices at LE QUEST?

Yes. High-floor units (11-15) sell for a median of S$1,490,000, while low-floor units (01-05) sell for S$1,046,500. That is a 42% premium for higher floors.

What is the rental rate at LE QUEST?

The average rental rate at LE QUEST is approximately S$5.65 per square foot per month, based on URA median rental data.

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