Blossom Residences occupies a quietly compelling position in Singapore’s property landscape: a fully privatised Executive Condominium (EC) in District 23 that has completed its 10-year journey from subsidised public housing to unrestricted private property. Launched in 2011 by Sing Holdings’ development vehicle Grand Isle Holdings and granted its Temporary Occupation Permit (TOP) in 2014, the 602-unit project on Segar Road, Bukit Panjang reached full privatisation in the second half of 2024 — a milestone that lifted all remaining EC ownership restrictions and opened the development to foreign purchasers and investment-holding entities for the first time. That transition, from a purely HDB-eligible product to an open-market condominium, is the defining narrative for any buyer or investor evaluating Blossom Residences today. With recent transacted prices ranging from approximately S$1,122 psf to S$1,436 psf and a 12-month average hovering around S$1,238 psf, the development now competes squarely in the District 23 resale condo market while carrying the legacy advantages of EC-era construction quality and a well-established residents’ community. This review examines what Blossom Residences offers, where it fits in the broader Bukit Panjang landscape, and who stands to benefit most from a purchase today.
Snapshot as of 2026-05 — figures above reflect publicly available URA/HDB data at the time of this editorial review (as of 2026-05).
District 23, encompassing Bukit Panjang, Choa Chu Kang, and the western fringes of Dairy Farm, is one of Singapore’s most family-oriented residential corridors. The area is characterised by relatively lower land prices compared to the Core Central Region (CCR) and Rest of Central Region (RCR), extensive public greenery, and a dense network of HDB towns that keep everyday amenity costs manageable. Bukit Panjang in particular benefits from a dual-rail advantage: the Downtown Line (DTL) MRT at Bukit Panjang station and the legacy Bukit Panjang Light Rapid Transit (LRT) system, which threads through the town’s residential estates and connects to the DTL interchange. Blossom Residences sits within easy walking distance of Segar LRT station (BP11), placing it roughly three minutes on foot from rail access — a genuine convenience for car-light households. The broader MRT network connects commuters to the Botanic Gardens, Downtown, Bugis, and the eastern seaboard without a transfer, a connectivity profile that is increasingly valued as the DTL matures.
When Blossom Residences was launched, EC pricing was anchored to a buyer’s eligibility ceiling under HDB rules: joint gross monthly household income could not exceed S$14,000 (raised to S$16,000 in 2019). That constraint kept launch prices and early resale prices below comparable private condo levels — precisely why ECs that complete their 10-year privatisation cycle often deliver strong total returns for original buyers. The Urban Redevelopment Authority (URA) tracks EC price movements through its residential price index, and data shows that privatised ECs in mature towns have broadly tracked or outperformed the broader OCR private condo index over rolling five-year windows. Blossom Residences’ appreciation from launch pricing to current levels of S$1,199–S$1,436 psf reflects that trajectory, though buyers considering a purchase today are entering at the post-privatisation mark rather than the subsidised launch price.
We track 169 sales and 77 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the BLOSSOM RESIDENCES dashboard.
- Average sale price: $1,269,123 across 169 transactions
- Estimated gross rental yield: 3.5%
- District 23 PSF ranking: Mid-range (top 74%)
- 99 yrs lease commencing from 2011 · OCR · D23 · 602 units
About BLOSSOM RESIDENCES
BLOSSOM RESIDENCES is a 99 yrs lease commencing from 2011 condominium, located at SEGAR ROAD in District 23 (Choa Chu Kang, Dairy Farm, Hillview, Bukit Panjang) (Outside Central Region), developed by GRAND ISLE HOLDINGS PTE LTD, comprising 602 residential units, completed in 2014.
With approximately 84 years remaining on its 99-year lease, the property qualifies for full bank financing and CPF usage.
Unit Mix Distribution
Transaction data breakdown by bedroom type at BLOSSOM RESIDENCES:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 8 | $1,223 psf | $921,375 |
| 3 BR | 142 | $1,157 psf | $1,234,234 |
| 4 BR | 18 | $1,093 psf | $1,657,753 |
| 5+ BR | 1 | $978 psf | $2,010,000 |
Sales Market Overview
BLOSSOM RESIDENCES has recorded 169 sale transactions with an average transaction price of $1,269,123, ranging from $740,000 to $2,010,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 33 | $937 psf | $1,009,003 | — |
| 2022 | 24 | $1,071 psf | $1,254,292 | ↑ 14.3% |
| 2023 | 34 | $1,190 psf | $1,227,908 | ↑ 11.1% |
| 2024 | 32 | $1,241 psf | $1,438,484 | ↑ 4.3% |
| 2025 | 41 | $1,252 psf | $1,364,301 | ↑ 0.8% |
| 2026 | 5 | $1,316 psf | $1,473,000 | ↑ 5.1% |
BLOSSOM RESIDENCES ranks in the top 74% of condos in District 23 by average PSF.
Compared to the OCR average of $1,550 psf, BLOSSOM RESIDENCES trades 25.7% below the segment benchmark.
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Rental Market Overview
BLOSSOM RESIDENCES has recorded 77 rental transactions with monthly rents averaging $3,644/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 2 BR | 15 | $2,770/mo | $2,000/mo | $3,400/mo |
| 3 BR | 52 | $3,838/mo | $2,500/mo | $5,400/mo |
| 4 BR | 10 | $3,945/mo | $2,700/mo | $5,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 10 | $2,530/mo |
| 2022 | 13 | $3,150/mo |
| 2023 | 14 | $4,229/mo |
| 2024 | 16 | $3,825/mo |
| 2025 | 18 | $3,844/mo |
| 2026 | 6 | $4,125/mo |
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Investment Analysis
Based on average rents and sale prices, BLOSSOM RESIDENCES delivers an estimated gross rental yield of 3.5%. This is above the Singapore-wide benchmark of approximately 3%.
Competing Condos in District 23
Side-by-side comparison against the most actively traded condos in District 23 (Choa Chu Kang, Dairy Farm, Hillview, Bukit Panjang):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| SOL ACRES | 99 yrs lease commencing from 2014 | 1327 | $1,385 psf | 555 |
| MIDWOOD | 99 yrs lease commencing from 2018 | 564 | $1,732 psf | 532 |
| LUMINA GRAND | 99 yrs lease commencing from 2022 | 512 | $1,515 psf | 512 |
| DAIRY FARM RESIDENCES | 99 yrs lease commencing from 2018 | 460 | $1,659 psf | 452 |
| THE BOTANY AT DAIRY FARM | 99 yrs lease commencing from 2022 | 386 | $2,053 psf | 388 |
Location Map
Map shows BLOSSOM RESIDENCES (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- BLOSSOM RESIDENCES
- Segar MRT
- Fajar MRT
- Jelapang MRT
- Senja MRT
- Bangkit MRT
- Zhenghua Primary School
- Greenridge Secondary School
- Xishan Primary School
Nearby MRT Stations
BLOSSOM RESIDENCES is 220m from Segar MRT (Bukit Panjang LRT), with 9 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Segar | BP11 | Bukit Panjang LRT | 220m |
| Fajar | BP10 | Bukit Panjang LRT | 600m |
| Jelapang | BP12 | Bukit Panjang LRT | 620m |
| Senja | BP13 | Bukit Panjang LRT | 1.1 km |
| Bangkit | BP9 | Bukit Panjang LRT | 1.1 km |
| Petir | BP7 | Bukit Panjang LRT | 1.3 km |
| Bukit Panjang | DT1 | Downtown Line | 1.5 km |
| Bukit Panjang | BP6 | Bukit Panjang LRT | 1.5 km |
Nearby Schools
There are 12 schools within 2 km of BLOSSOM RESIDENCES, including 9 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Zhenghua Primary School | Primary | 430m |
| Greenridge Secondary School | Secondary | 660m |
| Xishan Primary School | Primary | 730m |
| Bukit Panjang Primary School | Primary | 770m |
| West Spring Secondary School | Secondary | 830m |
| West Spring Primary School | Primary | 850m |
| Fajar Secondary School | Secondary | 880m |
| Springdale Primary School | Primary | 960m |
| Bukit Panjang Government High School | Secondary | 990m |
| Unity Primary School | Primary | 1.5 km |
| Pei Hwa Presbyterian Primary School | Primary | 1.6 km |
| Regent Secondary School | Secondary | 1.7 km |
Several structural strengths make Blossom Residences worth serious consideration in the current market. First and foremost is the connectivity advantage. The three-minute walk to Segar LRT and the broader proximity to Bukit Panjang MRT (DTL) means residents enjoy genuine rail convenience without the premium pricing of CCR or even central-RCR condominiums. For families with school-age children, multiple car trips can be replaced by a short walk and a two-stop LRT ride, reducing transport expenditure and simplifying daily logistics considerably.
Second, Blossom Residences offers an unusually rich facilities package for a project of its vintage and price tier. The development includes a 50-metre lap pool, spa pool, children’s pool, fully equipped gymnasium, squash courts, tennis courts, jogging track, BBQ pavilions, a residents’ lounge, function rooms, a Sky Garden, and a Forest Oasis rainforest trail — an amenity set that many newer mass-market condos simply do not replicate at equivalent per-unit cost. The dual-key unit configuration available in larger unit types adds further versatility, allowing owners to legally sub-let a self-contained studio while occupying the main apartment, subject to prevailing rental regulations.
Third, the school catchment is strong. Within a one-kilometre radius sit West Spring Primary, Greenridge Primary, and Beacon Primary School, alongside Zhenghua Secondary and Greenridge Secondary. For parents prioritising Phase 2A and 2B primary school registration — where proximity within one kilometre carries meaningful ballot priority — Blossom Residences’ location is a tangible asset that is difficult to replicate in a resale search without relocating to a different district entirely.
Fourth, the full privatisation milestone removes the EC ownership ceiling that formerly capped the buyer pool. Prior to the 10-year mark, only Singaporean citizens and permanent residents could acquire resale EC units. Post-privatisation, foreigners and entities may purchase, which in principle supports a broader demand base, though in practice foreign demand for D23 OCR product tends to be limited compared to CCR addresses. The more practically significant change is the removal of the requirement that at least one owner be a Singaporean citizen for HDB-linked purchases, which simplifies transaction structuring for PR-only households.
Fifth, Blossom Residences benefits from a well-maintained physical state. Resident reviews consistently describe the estate as visually well-kept, with an active and responsive MCST (Management Corporation Strata Title) that keeps common areas in good condition. At approximately 10–12 years old, the development sits at a stage where major sinking fund expenditure (lifts, plumbing, facade repainting) may be on the horizon, but the current condition reflects a disciplined maintenance culture that translates into lower risk of capital-intensive surprises in the near term.
Prospective buyers should weigh several risks alongside the strengths outlined above. The most structurally significant is leasehold decay. Blossom Residences holds a 99-year lease that commenced in 2011, meaning roughly 85 years of lease remain as of 2026. While 85 years is comfortably above the threshold that most banks apply for full loan quantum (typically 30 years remaining at end of loan tenure), the decay clock is running. Buyers taking a 25- to 30-year mortgage today will exit the tenure with approximately 55–60 years left on the lease — a position that historically constrains resale liquidity, narrows the eligible buyer pool, and may require partial cash financing for future purchasers. Buyers intending a long hold should factor lease decay explicitly into their exit assumptions, particularly when benchmarking against freehold or leasehold-999 alternatives available in adjacent districts. Use our lease decay calculator to model the impact of remaining tenure on theoretical land value over your intended holding period.
Second, OCR pricing in 2026 reflects a post-pandemic high-water mark. Mass-market condo prices across Singapore surged materially between 2021 and 2023 on a combination of pandemic-era demand, supply tightness, and successive waves of cooling measures that channelled HDB upgraders toward ECs and OCR condos. Blossom Residences’ current PSF range reflects this elevated baseline. Buyers who model modest capital appreciation from today’s entry point should stress-test their assumptions against a scenario where OCR prices remain range-bound or retrace modestly as new supply from recent Government Land Sale launches progressively delivers TOP over 2025–2028.
Third, the LRT dependency carries a latent risk for resale positioning. Segar LRT is the primary rail access point; while convenient for intra-Bukit Panjang travel, LRT frequency and reliability have historically drawn mixed reviews from residents. The walk to Bukit Panjang MRT interchange (approximately 10–15 minutes on foot or two stops on LRT) is manageable for able-bodied residents but may be a friction point for buyers with mobility constraints or those comparing directly against condos within a five-minute walk of an MRT station.
Fourth, buyers should assess maintenance fund obligations carefully. At over a decade old, the development is entering a phase of its lifecycle where major common-property expenditures — lift modernisation, waterproofing, facade work — are more likely. Review the MCST’s most recent Annual General Meeting minutes and sinking fund balance before committing. A healthy sinking fund reduces the risk of special levy assessments; an underfunded account signals potential cash calls on all owners.
- ✅ HDB upgrader household (Singaporean citizen or PR couple, household income above EC ceiling or MOP completed): Blossom Residences offers a genuine private-condo lifestyle — 50m lap pool, squash courts, forest trail — at OCR pricing that remains more accessible than CCR alternatives. The primary school catchment within 1 km and LRT connectivity serve the needs of young families well. Use the affordability calculator to confirm monthly commitment fits your budget.
- ✅ Long-term buy-to-let investor targeting resident-professional tenants: Dual-key units provide a legal path to rental income while owner-occupying the primary apartment. Proximity to Bukit Panjang MRT and the western DTL corridor makes the development attractive to working professionals based in one-north, Jurong Lake District, and the western industrial estates. Model your gross yield expectations using the ROI calculator before committing.
- ✅ Upgrader from nearby Bukit Panjang or Choa Chu Kang HDB flat: Remaining in a familiar township reduces lifestyle disruption while securing the legal and financial benefits of private property ownership. Full privatisation means the unit can be sold to any buyer — including foreigners and entities — which supports long-term exit optionality. Stamp duty and total cash outlay can be estimated with the total cost of purchase calculator.
- ❌ Short-to-medium term speculator seeking quick capital gains: Entry pricing already reflects post-privatisation open-market rates. The scope for rapid appreciation above current OCR index levels is constrained by incoming supply across D22–D23 and the elevated baseline set during 2021–2023. Buyer’s stamp duty and Seller’s Stamp Duty obligations on sub-four-year holds further compress net returns. The stamp duty calculator illustrates the transaction cost stack.
- ⚠️ Foreign buyer or investment-holding entity newly eligible post-privatisation: Privatisation removes the nationality restriction, but Additional Buyer’s Stamp Duty (ABSD) of 60% applies to foreign purchasers under Singapore’s 2023 cooling measures. This effectively eliminates the financial case for most foreign acquisitions except in very specific estate-planning or corporate structures. Singaporean PR buyers face 5% ABSD on a second property — model the total outlay carefully using the stamp duty calculator.
- ⚠️ Retiree or downsizer seeking low-maintenance living near community amenities: The estate’s extensive recreational facilities and tranquil landscaping suit a leisurely lifestyle. However, the LRT-first connectivity model and the relative distance from tertiary medical facilities in the central region may be drawbacks for buyers prioritising healthcare accessibility. Smaller units (2-bedroom) may suit downsizing financially, but availability in the resale market is variable — verify current listing supply before planning around this profile.
Blossom Residences occupies a sensible position in the D23 resale market for buyers whose lifestyle and financial profile aligns with what it genuinely delivers: a well-maintained, fully privatised EC with credible school catchment, rail connectivity via the DTL network, and a generous facilities package at OCR pricing. The development is not the cheapest entry point in the district — newer OCR launches and some comparable 99-year leasehold condos compete on price — but the post-privatisation open market gives Blossom Residences a liquidity profile that earlier-stage ECs cannot match. The strongest case for purchase rests on long-term owner-occupation or a dual-key rental strategy, anchored by genuine lifestyle utility rather than purely capital-gain speculation. Buyers should model the lease decay trajectory explicitly, review the MCST’s sinking fund health, and benchmark total acquisition cost (including ABSD where applicable) against competing properties in the property comparison tool. For a district-wide pricing perspective, the District 23 market overview provides median PSF trends, rental yield benchmarks, and transaction volume data that contextualise where Blossom Residences sits relative to its peers. At the right price — negotiated firmly in a market where sellers are aware of full privatisation — Blossom Residences represents a defensible, family-oriented asset in one of Singapore’s most liveable western suburban townships.
FAQ
What is the average price for BLOSSOM RESIDENCES?
What is the rental yield for BLOSSOM RESIDENCES?
Is BLOSSOM RESIDENCES freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA.
- Sales data: 169 transactions analysed
- Rental data: 77 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 BLOSSOM RESIDENCES
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.
New Sale vs Resale Mix
Of the 1,234 condo transactions recorded in District 23 over the last 12 months, 75% resale, 23% new sale, 3% sub sale. A resale-heavy mix points to an established market trading on fundamentals; a new-sale-heavy mix means developer launches are setting the price benchmarks.
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Price Index Check
The ShiokNest Price Index for District 23 reads 128.2 as of June 2026 — up 3.6% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
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Upcoming Supply Pipeline
1 active Government Land Sales site in District 23 could add roughly 185 new units to local supply. Incoming supply of this scale tends to cap short-term price growth in the immediate area but also signals planning confidence in the location.
| Site | Street | Est. units | List | Status |
|---|---|---|---|---|
| Dairy Farm Walk | — | ~185 | Reserve | Available |
HDB Alternatives Nearby
Weighing BLOSSOM RESIDENCES against staying public? These HDB towns sit within walking or short-drive distance:
- Bukit Panjang — 4-room average $581,903 (60m away), an upgrader gap of about $700,000
- Kallang/whampoa — 4-room average $882,887 (1.4 km away), an upgrader gap of about $400,000
- Choa Chu Kang — 4-room average $559,427 (1.6 km away), an upgrader gap of about $700,000