We track 8 sales and 59 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the SHELFORD 23 dashboard.
- Average sale price: $2,440,000 across 8 transactions
- Estimated gross rental yield: 2.5%
- District 11 PSF ranking: Mid-range (top 61%)
- Freehold tenure · CCR · D11 · 33 units
About SHELFORD 23
SHELFORD 23 is a freehold condominium, located at SHELFORD ROAD in District 11 (Watten Estate, Novena, Thomson) (Core Central Region), developed by HOI HUP SHELFORD REALTY PTE LTD, comprising 33 residential units, completed in 2012.
As a freehold property, SHELFORD 23 does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at SHELFORD 23:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 1 | $1,870 psf | $1,550,000 |
| 3 BR | 3 | $1,787 psf | $2,180,000 |
| 4 BR | 3 | $1,652 psf | $2,700,000 |
| 5+ BR | 1 | $1,700 psf | $3,330,000 |
Sales Market Overview
SHELFORD 23 has recorded 8 sale transactions with an average transaction price of $2,440,000, ranging from $1,550,000 to $3,330,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 4 | $1,724 psf | $2,085,000 | — |
| 2022 | 4 | $1,748 psf | $2,795,000 | ↑ 1.4% |
SHELFORD 23 ranks in the top 61% of condos in District 11 by average PSF.
Compared to the CCR average of $2,447 psf, SHELFORD 23 trades 29.1% below the segment benchmark.
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Rental Market Overview
SHELFORD 23 has recorded 59 rental transactions with monthly rents averaging $5,032/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 2 BR | 32 | $4,291/mo | $3,000/mo | $5,700/mo |
| 3 BR | 27 | $5,911/mo | $3,950/mo | $10,000/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 8 | $4,081/mo |
| 2022 | 15 | $4,583/mo |
| 2023 | 15 | $5,557/mo |
| 2024 | 9 | $5,383/mo |
| 2025 | 11 | $5,386/mo |
| 2026 | 1 | $4,450/mo |
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Investment Analysis
Based on average rents and sale prices, SHELFORD 23 delivers an estimated gross rental yield of 2.5%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 11
Side-by-side comparison against the most actively traded condos in District 11 (Watten Estate, Novena, Thomson):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| PULLMAN RESIDENCES NEWTON | Freehold | 340 | $3,074 psf | 288 |
| WATTEN HOUSE | Freehold | 180 | $3,236 psf | 179 |
| SOLEIL @ SINARAN | 99 yrs lease commencing from 2006 | 417 | $1,974 psf | 93 |
| PEAK RESIDENCE | Freehold | 90 | $2,489 psf | 90 |
| AMARYLLIS VILLE | 99 yrs lease commencing from 1997 | 311 | $1,903 psf | 72 |
Location Map
Map shows SHELFORD 23 (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- SHELFORD 23
- Tan Kah Kee MRT
- Botanic Gardens MRT
- Botanic Gardens MRT
- Farrer Road MRT
- National Junior College
- National Junior College
- Chatsworth International School (Bukit Timah)
Nearby MRT Stations
SHELFORD 23 is 620m from Tan Kah Kee MRT (Downtown Line), with 4 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Tan Kah Kee | DT8 | Downtown Line | 620m |
| Botanic Gardens | CC19 | Circle Line | 680m |
| Botanic Gardens | DT9 | Downtown Line | 680m |
| Farrer Road | CC20 | Circle Line | 1.3 km |
Nearby Schools
There are 10 schools within 2 km of SHELFORD 23, including 4 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| National Junior College | Secondary | 630m |
| National Junior College | Jc | 630m |
| Chatsworth International School (Bukit Timah) | International | 670m |
| German European School Singapore | International | 690m |
| SJI International School | International | 1.0 km |
| Hollandse School | International | 1.1 km |
| Raffles Girls' Primary School | Primary | 1.1 km |
| Lycee Francais de Singapour | International | 1.4 km |
| Nanyang Girls' High School | Secondary | 1.4 km |
| Nanyang Primary School | Primary | 1.7 km |
FAQ
What is the average price for SHELFORD 23?
What is the rental yield for SHELFORD 23?
Is SHELFORD 23 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: 8 transactions analysed
- Rental data: 59 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 SHELFORD 23
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.