THE ARDEN
PHOENIX ROAD · District 23 · 99 yrs lease commencing from 2023
Median Price
S$1.9M
Price Range
S$1.1M - S$2.7M
Tenure
Leasehold
Avg Rent
S$4.98 psf
What is the 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. THE ARDEN is a leasehold development on PHOENIX ROAD in District 23 (Bukit Panjang). Average rent is S$4.98 per square foot 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$4.98 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 Unit Size
| Size Band | Median Price | Avg Size | Transactions |
|---|---|---|---|
| 1-Bed (50-70 sqm) | S$1.2M | 63 sqm | 29 |
| 2-Bed (70-100 sqm) | S$1.7M | 86 sqm | 19 |
| 3-Bed (100-130 sqm) | S$2.2M | 114 sqm | 41 |
| 4-Bed (130-170 sqm) | S$2.5M | 142 sqm | 6 |
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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$4.98 per square foot per month, based on URA median rental data.
Source: URA Private Residential Property Transactions. Analysis by FairComparisons.