MONT BOTANIK RESIDENCE is a freehold development along JALAN REMAJA in District 23 (Bukit Panjang / Choa Chu Kang), part of the OCR segment of Singapore's private residential market. The project comprises 108 units and is TOP 2021.
This profile draws on 35 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.
At roughly 5 years from TOP, MONT BOTANIK RESIDENCE is in the early-mature phase: facilities are well-broken-in, strata operations are stable, and pricing has been through one or two market cycles — making comparable-sales analysis meaningful.
Within District 23 (Bukit Panjang / Choa Chu Kang), the immediate context for MONT BOTANIK RESIDENCE 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 35 sales and 53 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the MONT BOTANIK RESIDENCE dashboard.
- Average sale price: $1,339,085 across 35 transactions
- Estimated gross rental yield: 3.6%
- District 23 PSF ranking: Premium tier (top 10%)
- Freehold tenure · OCR · D23 · 108 units
About MONT BOTANIK RESIDENCE
MONT BOTANIK RESIDENCE is a freehold condominium, located at JALAN REMAJA in District 23 (Choa Chu Kang, Dairy Farm, Hillview, Bukit Panjang) (Outside Central Region), comprising 108 residential units, completed in 2021.
As a freehold property, MONT BOTANIK RESIDENCE does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at MONT BOTANIK RESIDENCE:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 23 | $1,762 psf | $1,224,643 |
| 2 BR | 12 | $1,786 psf | $1,558,433 |
Sales Market Overview
MONT BOTANIK RESIDENCE has recorded 35 sale transactions with an average transaction price of $1,339,085, ranging from $1,130,000 to $1,730,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 25 | $1,743 psf | $1,287,368 | — |
| 2022 | 4 | $1,762 psf | $1,549,225 | ↑ 1.1% |
| 2023 | 2 | $2,025 psf | $1,569,000 | ↑ 14.9% |
| 2024 | 2 | $1,824 psf | $1,344,444 | ↓ 9.9% |
| 2025 | 1 | $1,781 psf | $1,380,000 | ↓ 2.4% |
| 2026 | 1 | $1,858 psf | $1,280,000 | ↑ 4.3% |
MONT BOTANIK RESIDENCE ranks in the top 10% of condos in District 23 by average PSF.
Compared to the OCR average of $1,550 psf, MONT BOTANIK RESIDENCE trades 14.2% above the segment benchmark.
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Rental Market Overview
MONT BOTANIK RESIDENCE has recorded 53 rental transactions with monthly rents averaging $3,994/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 16 | $4,278/mo | $3,500/mo | $5,400/mo |
| 2 BR | 29 | $3,742/mo | $3,300/mo | $4,200/mo |
| 3 BR | 8 | $4,338/mo | $4,000/mo | $5,200/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2023 | 19 | $4,355/mo |
| 2024 | 9 | $3,633/mo |
| 2025 | 22 | $3,825/mo |
| 2026 | 3 | $4,027/mo |
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Investment Analysis
Based on average rents and sale prices, MONT BOTANIK RESIDENCE delivers an estimated gross rental yield of 3.6%. 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 | $1,383 psf | 550 |
| MIDWOOD | 99 yrs lease commencing from 2018 | 564 | $1,731 psf | 528 |
| 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 MONT BOTANIK RESIDENCE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- MONT BOTANIK RESIDENCE
- Hume MRT
- Hillview MRT
- Bukit Gombak MRT
- Cashew MRT
- Bukit View Primary School
- Princess Elizabeth Primary School
Nearby MRT Stations
MONT BOTANIK RESIDENCE is 610m from Hume MRT (Downtown Line), with 4 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Hume | DT4 | Downtown Line | 610m |
| Hillview | DT3 | Downtown Line | 840m |
| Bukit Gombak | NS3 | North-South Line | 1.1 km |
| Cashew | DT2 | Downtown Line | 1.4 km |
Nearby Schools
There are 2 schools within 2 km of MONT BOTANIK RESIDENCE, including 1 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Bukit View Primary School | Primary | 790m |
| Princess Elizabeth Primary School | Primary | 1.2 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.
Walking-distance MRT. Hume is about 0.61km — within the conventional 10-minute walk threshold most tenants accept. The project benefits from the public-transport premium without the price compression that <500m flagship stations command.
School-belt proximity. Bukit View Primary School sits about 0.79km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
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.
Cycle-sensitivity. Like all Singapore private residential, the project's capital appreciation and rental yields move with broader macro factors — mortgage rate environment, MAS macroprudential stance (TDSR, ABSD), and the supply-pipeline tempo. Build a 5pp rate buffer into your stress test.
[
{
"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: MONT BOTANIK RESIDENCE 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. 35 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
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Is MONT BOTANIK RESIDENCE freehold or leasehold?
How far is the nearest MRT from MONT BOTANIK RESIDENCE?
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Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 35 transactions analysed
- Rental data: 53 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 MONT BOTANIK RESIDENCE
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.