BANYAN CONDOMINIUM is a freehold development along CHWEE CHIAN ROAD in District 5 (West Coast / Clementi), part of the RCR segment of Singapore's private residential market. The project comprises 104 units and is an established secondary-market project.
This profile draws on 5 recorded transactions from URA REALIS to frame the project's character: who actually lives here, who buys here, and where the pricing sits relative to immediate alternatives. For the broader district context, see the Singapore price-heatmap map.
The project is in its mature or late-resale phase, where lease tenure (for leasehold stock), redevelopment optionality, and en-bloc potential all start to weigh more on the investment thesis than current rental yield.
Within District 5 (West Coast / Clementi), the immediate context for BANYAN CONDOMINIUM is shaped by the broader URA Master Plan zoning for the area, ongoing or planned infrastructure (MRT extensions, expressway changes, school relocations), and the supply pipeline of nearby launches. See the URA Master Plan 2019 for the precinct-specific land-use overlay before underwriting medium-term capital appreciation.
We track 5 sales and 194 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the BANYAN CONDOMINIUM dashboard.
- Average sale price: $2,124,000 across 5 transactions
- Estimated gross rental yield: 2.5%
- District 5 PSF ranking: Value tier (top 80%)
- Freehold tenure · RCR · D5 · 104 units
About BANYAN CONDOMINIUM
BANYAN CONDOMINIUM is a freehold condominium, located at CHWEE CHIAN ROAD in District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town) (Rest of Central Region), comprising 104 residential units.
As a freehold property, BANYAN CONDOMINIUM does not face lease decay concerns.
Sales Market Overview
BANYAN CONDOMINIUM has recorded 5 sale transactions with an average transaction price of $2,124,000, ranging from $1,900,000 to $2,320,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 1 | $1,252 psf | $1,900,000 | — |
| 2022 | 2 | $1,210 psf | $2,075,000 | ↓ 3.3% |
| 2025 | 1 | $1,466 psf | $2,320,000 | ↑ 21.1% |
| 2026 | 1 | $1,375 psf | $2,250,000 | ↓ 6.2% |
BANYAN CONDOMINIUM ranks in the top 80% of condos in District 5 by average PSF.
Compared to the RCR average of $2,047 psf, BANYAN CONDOMINIUM trades 36.3% below the segment benchmark.
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Rental Market Overview
BANYAN CONDOMINIUM has recorded 194 rental transactions with monthly rents averaging $4,479/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 194 | $4,479/mo | $3,000/mo | $5,800/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 31 | $3,561/mo |
| 2022 | 42 | $3,992/mo |
| 2023 | 37 | $4,805/mo |
| 2024 | 35 | $4,941/mo |
| 2025 | 42 | $4,900/mo |
| 2026 | 7 | $4,900/mo |
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Investment Analysis
Based on average rents and sale prices, BANYAN CONDOMINIUM delivers an estimated gross rental yield of 2.5%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 5
Side-by-side comparison against the most actively traded condos in District 5 (Pasir Panjang, Hong Leong Garden, Clementi New Town):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| LANDED HOUSING DEVELOPMENT | Freehold | 156 | $1,842 psf | 5979 |
| NORMANTON PARK | 99 yrs lease commencing from 2019 | 1840 | $1,866 psf | 1413 |
| PARC CLEMATIS | 99 yrs lease commencing from 2019 | 1450 | $1,888 psf | 1396 |
| ELTA | 99 yrs lease commencing from 2024 | 501 | $2,556 psf | 399 |
| FABER RESIDENCE | 99 yrs lease commencing from 2025 | 399 | $2,158 psf | 380 |
Location Map
Map shows BANYAN CONDOMINIUM (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- BANYAN CONDOMINIUM
- Pasir Panjang MRT
- Haw Par Villa MRT
- Dulwich College (Singapore)
- Alexandra Primary School
Nearby MRT Stations
BANYAN CONDOMINIUM is 380m from Pasir Panjang MRT (Circle Line), with 2 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Pasir Panjang | CC26 | Circle Line | 380m |
| Haw Par Villa | CC25 | Circle Line | 860m |
Nearby Schools
There are 2 schools within 2 km of BANYAN CONDOMINIUM.
| School | Type | Distance |
|---|---|---|
| Dulwich College (Singapore) | International | 1.5 km |
| Alexandra Primary School | Primary | 1.9 km |
Tenure resilience. Freehold tenure removes the lease-decay headwind that affects 99-year leasehold stock from ~year 60 onward. CPF eligibility, loan-tenure caps, and resale buyer pool are all preserved without the time-decay clock. For long holds (15+ years), this matters meaningfully more than headline PSF.
Genuine walk-to-MRT access. Pasir Panjang sits about 0.38km away — true walking distance, not the elastic 800m claim that some listings stretch. For tenants and commuter-owners, this anchors rental demand and supports a steady capital-value floor across cycles.
School-belt proximity. Dulwich College (Singapore) sits about 1.50km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
Thin transaction history. With only 5 recorded sales, comparable-sales analysis is fragile — a single outlier transaction can skew the apparent price level by 5-10%. Triangulate with nearby district comparables rather than rely on within-project averages alone.
District supply pipeline. Non-prime districts are more sensitive to GLS pipeline additions; check the URA Master Plan 2019 confirmed and provisional land sales schedule for the immediate 5-year window. New launches at 10-20% lower PSF can compress secondary-market resale velocity for 18-24 months around their launch dates.
[
{
"persona": "Young couple, first home",
"fit_color": "green",
"reason": "Long balance lease + likely sub-CCR pricing"
},
{
"persona": "Family with school-age kids",
"fit_color": "green",
"reason": "Nearby schools support MOE registration priority"
},
{
"persona": "CBD commuter",
"fit_color": "green",
"reason": "Walking-distance MRT supports daily commute"
},
{
"persona": "Rental investor (yield-focused)",
"fit_color": "red",
"reason": "Thin transaction history makes underwriting fragile"
},
{
"persona": "Foreign professional (expat)",
"fit_color": "amber",
"reason": "MRT plus mid-size facility suite typically meets expat-tenant criteria"
},
{
"persona": "Long-term hold (10+ yr)",
"fit_color": "green",
"reason": "Tenure supports CPF + buyer-pool through hold"
}
]
Composite assessment: BANYAN CONDOMINIUM combines walking-distance MRT with long-tenure leasehold (or freehold) — a solid structural foundation. The district position dictates whether capital appreciation outpaces or tracks the broader market. 5 transactions in URA REALIS provide the data foundation for this view.
Suggested holding period for most buyer profiles: 6-10 years to ride out one full macro cycle. Cross-reference per-bedroom net yield against district comparables via the compare-tool, model monthly cash-flow with the mortgage calculator, and confirm your effective BSD+ABSD cost using the stamp-duty calculator before finalising. This profile is informational; not a personal investment recommendation.
FAQ
What is the average price for BANYAN CONDOMINIUM?
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Is BANYAN CONDOMINIUM freehold or leasehold?
How far is the nearest MRT from BANYAN CONDOMINIUM?
What is the tenure of BANYAN CONDOMINIUM?
How does BANYAN CONDOMINIUM compare to other projects in the district?
What stamp duty applies for a foreign buyer of BANYAN CONDOMINIUM?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 5 transactions analysed
- Rental data: 194 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for BANYAN CONDOMINIUM
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.