We track 68 sales and 14 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the PHOENIX RESIDENCES dashboard.
- Average sale price: $1,309,207 across 68 transactions
- Estimated gross rental yield: 3.4%
- District 23 PSF ranking: Premium tier (top 21%)
- 99 yrs lease commencing from 2019 · OCR · D23 · 74 units
About PHOENIX RESIDENCES
PHOENIX RESIDENCES is a 99 yrs lease commencing from 2019 condominium, located at PHOENIX AVENUE in District 23 (Choa Chu Kang, Dairy Farm, Hillview, Bukit Panjang) (Outside Central Region), comprising 74 residential units, completed in 2021.
With approximately 92 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 PHOENIX RESIDENCES:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 12 | $1,546 psf | $899,203 |
| 2 BR | 33 | $1,610 psf | $1,200,811 |
| 3 BR | 20 | $1,543 psf | $1,611,043 |
| 4 BR | 3 | $1,558 psf | $2,129,327 |
Sales Market Overview
PHOENIX RESIDENCES has recorded 68 sale transactions with an average transaction price of $1,309,207, ranging from $853,810 to $2,350,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 17 | $1,501 psf | $1,073,640 | — |
| 2022 | 47 | $1,584 psf | $1,362,263 | ↑ 5.5% |
| 2023 | 1 | $1,741 psf | $1,292,820 | ↑ 9.9% |
| 2025 | 3 | $1,841 psf | $1,818,333 | ↑ 5.7% |
PHOENIX RESIDENCES ranks in the top 21% of condos in District 23 by average PSF.
Compared to the OCR average of $1,550 psf, PHOENIX RESIDENCES trades 1.7% above the segment benchmark.
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Rental Market Overview
PHOENIX RESIDENCES has recorded 14 rental transactions with monthly rents averaging $3,725/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| Studio | 6 | $3,883/mo | $3,200/mo | $5,100/mo |
| 2 BR | 7 | $3,407/mo | $3,000/mo | $3,850/mo |
| 3 BR | 1 | $5,000/mo | $5,000/mo | $5,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2025 | 10 | $3,640/mo |
| 2026 | 4 | $3,938/mo |
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Investment Analysis
Based on average rents and sale prices, PHOENIX RESIDENCES delivers an estimated gross rental yield of 3.4%. 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 PHOENIX RESIDENCES (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- PHOENIX RESIDENCES
- Phoenix MRT
- Teck Whye MRT
- Ten Mile Junction MRT
- Bukit Panjang MRT
- Bukit Panjang MRT
- Pei Hwa Presbyterian Primary School
- Unity Primary School
- Springdale Primary School
Nearby MRT Stations
PHOENIX RESIDENCES is 390m from Phoenix MRT (Bukit Panjang LRT), with 10 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Phoenix | BP5 | Bukit Panjang LRT | 390m |
| Teck Whye | BP4 | Bukit Panjang LRT | 430m |
| Ten Mile Junction | BP14 | Bukit Panjang LRT | 650m |
| Bukit Panjang | DT1 | Downtown Line | 720m |
| Bukit Panjang | BP6 | Bukit Panjang LRT | 720m |
| Keat Hong | BP3 | Bukit Panjang LRT | 1.0 km |
| Cashew | DT2 | Downtown Line | 1.0 km |
| Senja | BP13 | Bukit Panjang LRT | 1.0 km |
Nearby Schools
There are 11 schools within 2 km of PHOENIX RESIDENCES, including 1 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Pei Hwa Presbyterian Primary School | Primary | 780m |
| Unity Primary School | Primary | 1.0 km |
| Springdale Primary School | Primary | 1.2 km |
| West Spring Secondary School | Secondary | 1.4 km |
| West Spring Primary School | Primary | 1.4 km |
| Greenridge Secondary School | Secondary | 1.5 km |
| Fajar Secondary School | Secondary | 1.5 km |
| Bukit Panjang Primary School | Primary | 1.5 km |
| Regent Secondary School | Secondary | 1.6 km |
| Xishan Primary School | Primary | 1.7 km |
| Bukit Panjang Government High School | Secondary | 1.7 km |
FAQ
What is the average price for PHOENIX RESIDENCES?
What is the rental yield for PHOENIX RESIDENCES?
Is PHOENIX RESIDENCES 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: 68 transactions analysed
- Rental data: 14 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 PHOENIX RESIDENCES
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