PATENT PLACE

Condo Profile Ultima revisione

PATENT PLACE is a 99-year leasehold development along JALAN RAJAWALI in District 21 (Clementi Park / Upper Bukit Timah), part of the OCR segment of Singapore's private residential market. The project comprises 27 units and is an established secondary-market project.

This profile draws on 0 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 21 (Clementi Park / Upper Bukit Timah), the immediate context for PATENT PLACE 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.

For: First-time buyersInvestorsHDB upgraders
Source: URA REALIS

We track 0 sales and 101 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the PATENT PLACE dashboard.

Data as of June 2026
Key Takeaways
  • · OCR · D21 · 27 units

About PATENT PLACE

PATENT PLACE is a condominium, located at JALAN RAJAWALI in District 21 (Upper Bukit Timah, Ulu Pandan, Clementi Park) (Outside Central Region), comprising 27 residential units.

D21
District
OCR
Outside Central Region
27
Total Units
TOP Year
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Rental Market Overview

$5,392/mo
Avg Rent
$2,765/mo
Lowest
$7,585/mo
Highest
101
Total Leases

PATENT PLACE has recorded 101 rental transactions with monthly rents averaging $5,392/mo.

Rental rates by bedroom for PATENT PLACE
TypeLeasesAvg RentMinMax
2 BR32$4,278/mo$2,765/mo$5,200/mo
3 BR69$5,909/mo$3,800/mo$7,585/mo
Rental trend for PATENT PLACE
YearLeasesAvg Rent
202117$3,785/mo
202222$4,928/mo
202322$5,971/mo
202416$6,244/mo
202520$5,751/mo
20264$6,388/mo

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Competing Condos in District 21

Side-by-side comparison against the most actively traded condos in District 21 (Upper Bukit Timah, Ulu Pandan, Clementi Park):

District 21 condo comparison
CondoTenureUnitsAvg PSFSales
THE RESERVE RESIDENCES99 yrs lease commencing from 2021892$2,494 psf722
NAVA GROVE99 yrs lease commencing from 2024552$2,489 psf541
PINETREE HILL99 yrs lease commencing from 2022520$2,486 psf519
KI RESIDENCES AT BROOKVALE999 yrs lease commencing from 1885660$1,955 psf481
FORETT@BUKIT TIMAHFreehold633$2,130 psf357

Location Map

Map shows PATENT PLACE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.

  • PATENT PLACE
  • Beauty World MRT
  • Hume MRT
  • Anglo-Chinese Junior College
  • Ngee Ann Polytechnic
  • Bukit View Primary School

Nearby MRT Stations

PATENT PLACE is 970m from Beauty World MRT (Downtown Line), with 2 stations within 1.5 km.

MRT stations near PATENT PLACE
StationCodeLineDistance
Beauty WorldDT5Downtown Line970m
HumeDT4Downtown Line1.2 km

Nearby Schools

There are 5 schools within 2 km of PATENT PLACE.

Schools near PATENT PLACE
SchoolTypeDistance
Anglo-Chinese Junior CollegeJc1.2 km
Ngee Ann PolytechnicTertiary1.4 km
Bukit View Primary SchoolPrimary1.7 km
Henry Park Primary SchoolPrimary1.8 km
Singapore University of Social SciencesTertiary1.9 km

Boutique character. With 27 units, PATENT PLACE keeps a low-density character — fewer residents per facility, quieter corridors, more curated common spaces. Suits buyers prioritising unit-interior quality and neighbour proximity over deep facilities breadth.

School-belt proximity. Anglo-Chinese Junior College sits about 1.24km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.

Mature streetscape and amenity coverage. The immediate neighbourhood has the daily-living amenity profile of an established residential precinct — hawker centres, supermarkets, clinics, parks within a short walk or drive. The convenience compounds over a hold, even if no single amenity is a headline feature.

Moderate MRT walk. At 0.97km from the nearest station, the project sits just outside the 800m comfort threshold. Rental tenants notice — yield typically trails truly walkable comparables by 30-50bps in similar segments.

Thin transaction history. With only 0 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": "amber",
        "reason": "Lease horizon constrains long-hold optionality"
    },
    {
        "persona": "Family with school-age kids",
        "fit_color": "green",
        "reason": "Nearby schools support MOE registration priority"
    },
    {
        "persona": "CBD commuter",
        "fit_color": "amber",
        "reason": "Bus or own-vehicle commute likely required"
    },
    {
        "persona": "Rental investor (yield-focused)",
        "fit_color": "red",
        "reason": "Thin transaction history makes underwriting fragile"
    },
    {
        "persona": "Foreign professional (expat)",
        "fit_color": "amber",
        "reason": "Verify tenant-pool depth in immediate catchment"
    },
    {
        "persona": "Long-term hold (10+ yr)",
        "fit_color": "amber",
        "reason": "Plan exit timing around lease-decay thresholds"
    }
]

Composite assessment: PATENT PLACE sits in an off-MRT-spine pocket where own-vehicle commuting and a narrower tenant pool define the economics. Suits owner-occupiers who prioritise the specific neighbourhood and lifestyle fit over capital-market efficiency. 0 transactions in URA REALIS provide the data foundation for this view.

Suggested holding period for most buyer profiles: 7-12 years with realistic vacancy and re-let cost assumptions. 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 PATENT PLACE?
Insufficient sales data.
What is the rental yield for PATENT PLACE?
Rental data is not yet available.
Is PATENT PLACE freehold or leasehold?
PATENT PLACE has a tenure.
How far is the nearest MRT from PATENT PLACE?
Approximately 0.97km to Beauty World. Verify the actual pedestrian walking time on OneMap or Google Maps before relying on the distance for commute planning.
What is the tenure of PATENT PLACE?
The development is 99-year leasehold. Remaining lease drives CPF eligibility, max loan tenor, and the next buyer's downstream financing.
How does PATENT PLACE compare to other projects in the district?
A primary district comparable is THE RESERVE RESIDENCES. Compare PSF, facilities scale, MRT proximity, tenure remaining, and recent transaction velocity before assuming one project strictly outperforms another.
What stamp duty applies for a foreign buyer of PATENT PLACE?
As at 2026-05, foreign individual buyers face 60% ABSD on the purchase price plus tiered BSD per IRAS. Free Trade Agreement nationals (US, Iceland, Liechtenstein, Norway, Switzerland) receive Singapore Citizen-equivalent treatment. Verify the live rate before transacting.

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Rental data: 101 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 PATENT PLACE

Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.

Open PATENT PLACE Dashboard →

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