FC
FairComparisons
D23 Bukit Panjang

THE RAINFOREST

CHOA CHU KANG AVENUE 3 · District 23 · 99 yrs lease commencing from 2011

Median Price

S$1.4M

107 transactions

Price Range

S$965K - S$2.4M

Tenure

Leasehold

99 yrs lease commencing from 2

THE RAINFOREST Price Analysis

THE RAINFOREST is a leasehold development on CHOA CHU KANG AVENUE 3 in District 23 (Bukit Panjang). According to URA transaction records, 107 private residential transactions have been recorded at this development, with a median price of S$1,380,000. Prices range from S$965K for the smallest units to S$2.4M for premium configurations.

The development offers units across 4 size categories. The most traded segment is 2-bed (70-100 sqm) at a median of S$1,246,500. Larger units (5+ bed (170+ sqm)) trade at S$2,234,444, reflecting the premium for additional space.

Floor level significantly impacts pricing at THE RAINFOREST. High-floor units (21-25) command a median of S$1,600,000, while low-floor units (11-15) sell for S$1,328,000. That is a 20% premium for higher floors, worth S$272K in absolute terms. Buyers with flexibility on floor preference can save significantly by choosing mid-range levels.

Price Trend

Median transaction price by contract month.

Source: URA Private Residential Property Transactions

Price by Floor Level

21-25
S$1.6M
3 txns
16-20
S$1.5M
14 txns
06-10
S$1.4M
28 txns
01-05
S$1.4M
35 txns
11-15
S$1.3M
27 txns

Price by Unit Size

Size BandMedian PriceAvg SizeTransactions
2-Bed (70-100 sqm)S$1.2M88 sqm48
3-Bed (100-130 sqm)S$1.5M110 sqm50
4-Bed (130-170 sqm)S$1.8M143 sqm7
5+ Bed (170+ sqm)S$2.2M188 sqm2

FAQ

What is the average price of THE RAINFOREST?

The median transaction price at THE RAINFOREST is S$1,380,000, based on 107 URA-recorded transactions. Prices range from S$965K to S$2.4M.

Does floor level affect prices at THE RAINFOREST?

Yes. High-floor units (21-25) sell for a median of S$1,600,000, while low-floor units (11-15) sell for S$1,328,000. That is a 20% premium for higher floors.

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