We track 13 sales and 58 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the NIM GARDENS dashboard.
- Average sale price: $2,342,530 across 13 transactions
- Estimated gross rental yield: 2.1%
- District 28 PSF ranking: Mid-range (top 57%)
- Freehold tenure · OCR · D28 · 124 units
About NIM GARDENS
NIM GARDENS is a freehold condominium, located at NIM ROAD in District 28 (Seletar) (Outside Central Region), developed by SINGAPORE UNTIED ESTATES PTE LTD (BUKIT SEMBAWANG ESTATES LTD), comprising 124 residential units, completed in 1986.
As a freehold property, NIM GARDENS does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at NIM GARDENS:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 4 BR | 11 | $1,245 psf | $2,277,535 |
| 5+ BR | 2 | $1,218 psf | $2,700,000 |
Sales Market Overview
NIM GARDENS has recorded 13 sale transactions with an average transaction price of $2,342,530, ranging from $1,960,000 to $2,750,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 1 | $1,093 psf | $2,000,000 | — |
| 2022 | 1 | $1,071 psf | $1,960,000 | ↓ 2.0% |
| 2023 | 2 | $1,158 psf | $2,350,000 | ↑ 8.1% |
| 2024 | 5 | $1,256 psf | $2,298,578 | ↑ 8.5% |
| 2025 | 4 | $1,342 psf | $2,575,000 | ↑ 6.8% |
NIM GARDENS ranks in the top 57% of condos in District 28 by average PSF.
Compared to the OCR average of $1,550 psf, NIM GARDENS trades 20% below the segment benchmark.
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Rental Market Overview
NIM GARDENS has recorded 58 rental transactions with monthly rents averaging $4,114/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 3 BR | 58 | $4,114/mo | $2,300/mo | $6,200/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 6 | $2,667/mo |
| 2022 | 11 | $3,464/mo |
| 2023 | 12 | $4,358/mo |
| 2024 | 10 | $4,430/mo |
| 2025 | 14 | $4,500/mo |
| 2026 | 5 | $4,980/mo |
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Investment Analysis
Based on average rents and sale prices, NIM GARDENS delivers an estimated gross rental yield of 2.1%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 28
Side-by-side comparison against the most actively traded condos in District 28 (Seletar):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| PARC GREENWICH | 99 yrs lease commencing from 2020 | 496 | $1,234 psf | 496 |
| HIGH PARK RESIDENCES | 99 yrs lease commencing from 2014 | 1376 | $1,482 psf | 407 |
| THE TOPIARY | 99 yrs lease commencing from 2012 | 700 | $1,223 psf | 401 |
| PARC BOTANNIA | 99 yrs lease commencing from 2016 | 735 | $1,592 psf | 206 |
| SELETAR HILLS ESTATE | 999 yrs lease commencing from 1879 | — | $1,495 psf | 195 |
Location Map
Map shows NIM GARDENS (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- NIM GARDENS
- Nanyang Polytechnic
- Institute of Technical Education (College Central)
- Teck Ghee Primary School
Nearby Schools
There are 8 schools within 2 km of NIM GARDENS.
| School | Type | Distance |
|---|---|---|
| Nanyang Polytechnic | Tertiary | 1.6 km |
| Institute of Technical Education (College Central) | Tertiary | 1.6 km |
| Teck Ghee Primary School | Primary | 1.8 km |
| Serangoon Garden Secondary School | Secondary | 1.8 km |
| Presbyterian High School | Secondary | 1.9 km |
| Xinghua Primary School | Primary | 1.9 km |
| Bowen Secondary School | Secondary | 2.0 km |
| Deyi Secondary School | Secondary | 2.0 km |
FAQ
What is the average price for NIM GARDENS?
What is the rental yield for NIM GARDENS?
Is NIM GARDENS freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 13 transactions analysed
- Rental data: 58 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 NIM GARDENS
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.