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FairComparisons
D23 Bukit Panjang

THE ARDEN

PHOENIX ROAD · District 23 · 99 yrs lease commencing from 2023

Median Price

S$1.9M

95 transactions

Price Range

S$1.1M - S$2.7M

Tenure

Leasehold

99 yrs lease commencing from 2

Avg Rent

S$5.18 psf

per month

THE ARDEN Price Analysis

THE ARDEN is a leasehold development on PHOENIX ROAD in District 23 (Bukit Panjang). According to URA transaction records, 95 private residential transactions have been recorded at this development, with a median price of S$1,877,000. Prices range from S$1.1M for the smallest units to S$2.7M for premium configurations.

The development offers units across 4 size categories. The most traded segment is 1-bed (50-70 sqm) at a median of S$1,239,000. Larger units (4-bed (130-170 sqm)) trade at S$2,506,500, reflecting the premium for additional space.

On the rental side, THE ARDEN commands an average of S$5.18 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 2.9%.

Price Trend

Median transaction price by contract month.

Source: URA Private Residential Property Transactions

Price by Unit Size

Size BandMedian PriceAvg SizeTransactions
1-Bed (50-70 sqm)S$1.2M63 sqm29
2-Bed (70-100 sqm)S$1.7M86 sqm19
3-Bed (100-130 sqm)S$2.2M114 sqm41
4-Bed (130-170 sqm)S$2.5M142 sqm6

Current Listings

2-Bed sale

Derek Woo 吴玮彦 · HUTTONS ASIA PTE LTD

S$1.3M

FAQ

What is the average price of THE ARDEN?

The median transaction price at THE ARDEN is S$1,877,000, based on 95 URA-recorded transactions. Prices range from S$1.1M to S$2.7M.

What is the rental rate at THE ARDEN?

The average rental rate at THE ARDEN is approximately S$5.18 per square foot per month, based on URA median rental data.

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