D12 Balestier/Toa Payoh

OLEANDER TOWERS

LORONG 1 TOA PAYOH · District 12 · 99 yrs lease commencing from 1995

Median Price

S$1.5M

58 transactions

Price Range

S$958K - S$2.6M

Tenure

Leasehold

99 yrs lease commencing from 1

Avg Rent

S$4.07 psf

per month

OLEANDER TOWERS Price Analysis

OLEANDER TOWERS is a leasehold development on LORONG 1 TOA PAYOH in District 12 (Balestier/Toa Payoh). According to URA transaction records, 58 private residential transactions have been recorded at this development, with a median price of S$1,537,500. Prices range from S$958K for the smallest units to S$2.6M 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$1,210,000. Larger units (4-bed (130-170 sqm)) trade at S$2,080,000, reflecting the premium for additional space.

Floor level significantly impacts pricing at OLEANDER TOWERS. High-floor units (01-05) command a median of S$1,700,000, while low-floor units (11-15) sell for S$1,413,888. That is a 20% premium for higher floors, worth S$286K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.

On the rental side, OLEANDER TOWERS commands an average of S$4.07 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 2.7%.

Price Trend

Median transaction price by contract month.

Source: URA Private Residential Property Transactions

Price by Floor Level

01-05

S$1.7M

9 txns

16-20

S$1.6M

13 txns

06-10

S$1.5M

15 txns

21-25

S$1.4M

8 txns

11-15

S$1.4M

13 txns

Price by Unit Size

Size Band	Median Price	Avg Size	Transactions
2-Bed (70-100 sqm)	S$1.2M	82 sqm	14
3-Bed (100-130 sqm)	S$1.6M	107 sqm	35
4-Bed (130-170 sqm)	S$2.1M	143 sqm	9

FAQ

What is the average price of OLEANDER TOWERS?

The median transaction price at OLEANDER TOWERS is S$1,537,500, based on 58 URA-recorded transactions. Prices range from S$958K to S$2.6M.

Does floor level affect prices at OLEANDER TOWERS?

Yes. High-floor units (01-05) sell for a median of S$1,700,000, while low-floor units (11-15) sell for S$1,413,888. That is a 20% premium for higher floors.

What is the rental rate at OLEANDER TOWERS?

The average rental rate at OLEANDER TOWERS is approximately S$4.07 per square foot per month, based on URA median rental data.

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