We track 2 sales and 20 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the SHAN GATE APARTMENTS dashboard.
- Average sale price: $1,695,000 across 2 transactions
- Estimated gross rental yield: 2.5%
- District 12 PSF ranking: Mid-range (top 65%)
- Freehold tenure · RCR · D12 · 27 units
About SHAN GATE APARTMENTS
SHAN GATE APARTMENTS is a freehold condominium, located at SHAN ROAD in District 12 (Toa Payoh, Serangoon, Balestier) (Rest of Central Region), comprising 27 residential units.
As a freehold property, SHAN GATE APARTMENTS does not face lease decay concerns.
Sales Market Overview
SHAN GATE APARTMENTS has recorded 2 sale transactions with an average transaction price of $1,695,000, ranging from $1,690,000 to $1,700,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2023 | 1 | $1,354 psf | $1,690,000 | — |
| 2024 | 1 | $1,362 psf | $1,700,000 | ↑ 0.6% |
SHAN GATE APARTMENTS ranks in the top 65% of condos in District 12 by average PSF.
Compared to the RCR average of $2,049 psf, SHAN GATE APARTMENTS trades 33.8% below the segment benchmark.
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Rental Market Overview
SHAN GATE APARTMENTS has recorded 20 rental transactions with monthly rents averaging $3,460/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 10 | $3,055/mo | $2,500/mo | $3,550/mo |
| 2 BR | 3 | $3,817/mo | $3,150/mo | $4,500/mo |
| 3 BR | 7 | $3,886/mo | $3,300/mo | $4,300/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 2 | $2,875/mo |
| 2022 | 5 | $3,320/mo |
| 2023 | 3 | $3,583/mo |
| 2024 | 7 | $3,714/mo |
| 2025 | 3 | $3,367/mo |
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Investment Analysis
Based on average rents and sale prices, SHAN GATE APARTMENTS delivers an estimated gross rental yield of 2.5%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 12
Side-by-side comparison against the most actively traded condos in District 12 (Toa Payoh, Serangoon, Balestier):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| THE ORIE | 99 yrs lease commencing from 2024 | 52 | $2,730 psf | 740 |
| EIGHT RIVERSUITES | 99 yrs lease commencing from 2011 | 843 | $1,645 psf | 306 |
| GEM RESIDENCES | 99 yrs lease commencing from 2015 | 578 | $1,838 psf | 196 |
| TREVISTA | 99 yrs lease commencing from 2008 | 590 | $1,702 psf | 147 |
| VERTICUS | Freehold | 162 | $2,122 psf | 128 |
Location Map
Map shows SHAN GATE APARTMENTS (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- SHAN GATE APARTMENTS
- Novena MRT
- Toa Payoh MRT
- Mount Pleasant MRT
- CHIJ Our Lady Queen of Peace
- Beatty Secondary School
- CHIJ Secondary (Toa Payoh)
Nearby MRT Stations
SHAN GATE APARTMENTS is 700m from Novena MRT (North-South Line), with 3 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Novena | NS20 | North-South Line | 700m |
| Toa Payoh | NS19 | North-South Line | 760m |
| Mount Pleasant | TE10 | Thomson-East Coast Line | 1.3 km |
Nearby Schools
There are 23 schools within 2 km of SHAN GATE APARTMENTS, including 4 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| CHIJ Our Lady Queen of Peace | Primary | 820m |
| Beatty Secondary School | Secondary | 820m |
| CHIJ Secondary (Toa Payoh) | Secondary | 950m |
| School of Science and Technology | Jc | 990m |
| New Town Primary School | Primary | 1.1 km |
| St. Joseph's Institution | Secondary | 1.2 km |
| Balestier Hill Primary School | Primary | 1.3 km |
| Pei Chun Public School | Primary | 1.4 km |
| St. Margaret's Secondary School | Secondary | 1.5 km |
| St. Margaret's Primary School | Primary | 1.5 km |
| Manjusri Secondary School | Secondary | 1.5 km |
| Nexus International School | International | 1.5 km |
FAQ
What is the average price for SHAN GATE APARTMENTS?
What is the rental yield for SHAN GATE APARTMENTS?
Is SHAN GATE APARTMENTS 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: 2 transactions analysed
- Rental data: 20 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 SHAN GATE APARTMENTS
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.