NORTHVALE
CHOA CHU KANG LOOP · District 23 · 99 yrs lease commencing from 1995
Median Price
S$1.1M
Price Range
S$689K - S$2.5M
Tenure
Leasehold
Avg Rent
S$3.28 psf
NORTHVALE Price Analysis
NORTHVALE is a leasehold development on CHOA CHU KANG LOOP 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$1,096,250. Prices range from S$689K for the smallest units to S$2.5M for premium configurations.
The development offers units across 5 size categories. The most traded segment is 1-bed (50-70 sqm) at a median of S$785,000. Larger units (5+ bed (170+ sqm)) trade at S$1,880,000, reflecting the premium for additional space.
Floor level significantly impacts pricing at NORTHVALE. High-floor units (11-15) command a median of S$1,238,000, while low-floor units (01-05) sell for S$1,090,000. That is a 14% premium for higher floors, worth S$148K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.
On the rental side, NORTHVALE commands an average of S$3.28 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 3.1%.
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 |
|---|---|---|---|
| 1-Bed (50-70 sqm) | S$785K | 66 sqm | 16 |
| 2-Bed (70-100 sqm) | S$860K | 96 sqm | 14 |
| 3-Bed (100-130 sqm) | S$1.2M | 115 sqm | 69 |
| 4-Bed (130-170 sqm) | S$1.4M | 149 sqm | 11 |
| 5+ Bed (170+ sqm) | S$1.9M | 252 sqm | 4 |
Current Listings
2-Bed sale
Prescealla Ong · ERA REALTY NETWORK PTE LTD
FAQ
What is the average price of NORTHVALE?
The median transaction price at NORTHVALE is S$1,096,250, based on 114 URA-recorded transactions. Prices range from S$689K to S$2.5M.
Does floor level affect prices at NORTHVALE?
Yes. High-floor units (11-15) sell for a median of S$1,238,000, while low-floor units (01-05) sell for S$1,090,000. That is a 14% premium for higher floors.
What is the rental rate at NORTHVALE?
The average rental rate at NORTHVALE is approximately S$3.28 per square foot per month, based on URA median rental data.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.