MI CASA
CHOA CHU KANG AVENUE 3 · District 23 · 99 yrs lease commencing from 2008
Median Price
S$1.4M
Price Range
S$910K - S$2.5M
Tenure
Leasehold
Avg Rent
S$3.40 psf
What is the price of MI CASA?
The median transaction price at MI CASA is S$1,380,000, based on 71 URA-recorded transactions. Prices range from S$910K to S$2.5M. MI CASA is a leasehold development on CHOA CHU KANG AVENUE 3 in District 23 (Bukit Panjang). High-floor units cost 15% more than low-floor units. Average rent is S$3.40 per square foot per month.
MI CASA Price Analysis
MI CASA is a leasehold development on CHOA CHU KANG AVENUE 3 in District 23 (Bukit Panjang). According to URA transaction records, 71 private residential transactions have been recorded at this development, with a median price of S$1,380,000. Prices range from S$910K for the smallest units to S$2.5M for premium configurations.
The development offers units across 3 size categories. The most traded segment is 2-bed (70-100 sqm) at a median of S$1,084,000. Larger units (5+ bed (170+ sqm)) trade at S$2,468,000, reflecting the premium for additional space.
Floor level significantly impacts pricing at MI CASA. High-floor units (16-20) command a median of S$1,585,500, while low-floor units (11-15) sell for S$1,380,000. That is a 15% premium for higher floors, worth S$206K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.
On the rental side, MI CASA commands an average of S$3.40 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 2.5%.
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$1.1M | 92 sqm | 8 |
| 3-Bed (100-130 sqm) | S$1.4M | 116 sqm | 64 |
| 5+ Bed (170+ sqm) | S$2.5M | 198 sqm | 3 |
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What is the average price of MI CASA?
The median transaction price at MI CASA is S$1,380,000, based on 71 URA-recorded transactions. Prices range from S$910K to S$2.5M.
Does floor level affect prices at MI CASA?
Yes. High-floor units (16-20) sell for a median of S$1,585,500, while low-floor units (11-15) sell for S$1,380,000. That is a 15% premium for higher floors.
What is the rental rate at MI CASA?
The average rental rate at MI CASA is approximately S$3.40 per square foot per month, based on URA median rental data.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.