ST MICHAEL REGENCY is a freehold development along ST. MICHAEL'S ROAD in District 12 (Toa Payoh / Balestier), part of the RCR segment of Singapore's private residential market. The project comprises 49 units and is TOP 2009.
This profile draws on 15 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.
At roughly 17 years from TOP, ST MICHAEL REGENCY is in mature-resale territory: a clear track record on capital appreciation, defined renovation and refurbishment cycles, and lease-decay considerations starting to enter the picture (if leasehold).
Within District 12 (Toa Payoh / Balestier), the immediate context for ST MICHAEL REGENCY 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.
We track 15 sales and 28 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the ST MICHAEL REGENCY dashboard.
- Average sale price: $1,763,459 across 15 transactions
- Estimated gross rental yield: 3.0%
- District 12 PSF ranking: Mid-range (top 55%)
- Freehold tenure · RCR · D12 · 49 units
About ST MICHAEL REGENCY
ST MICHAEL REGENCY is a freehold condominium, located at ST. MICHAEL'S ROAD in District 12 (Toa Payoh, Serangoon, Balestier) (Rest of Central Region), developed by EVAN LIM INDUSTRIAL/WAREHOUSING DEVELOPMENT PTE LTD, comprising 49 residential units, completed in 2009.
As a freehold property, ST MICHAEL REGENCY does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at ST MICHAEL REGENCY:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 4 | $1,603 psf | $1,483,472 |
| 3 BR | 10 | $1,395 psf | $1,731,800 |
| 5+ BR | 1 | $826 psf | $3,200,000 |
Sales Market Overview
ST MICHAEL REGENCY has recorded 15 sale transactions with an average transaction price of $1,763,459, ranging from $1,350,000 to $3,200,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 3 | $1,219 psf | $1,513,333 | — |
| 2022 | 5 | $1,283 psf | $1,933,000 | ↑ 5.3% |
| 2023 | 2 | $1,445 psf | $1,567,500 | ↑ 12.6% |
| 2024 | 2 | $1,516 psf | $1,876,500 | ↑ 4.9% |
| 2025 | 3 | $1,731 psf | $1,786,296 | ↑ 14.2% |
ST MICHAEL REGENCY ranks in the top 55% of condos in District 12 by average PSF.
Compared to the RCR average of $2,047 psf, ST MICHAEL REGENCY trades 31% below the segment benchmark.
Loading chart data...
Rental Market Overview
ST MICHAEL REGENCY has recorded 28 rental transactions with monthly rents averaging $4,396/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 3 BR | 25 | $4,216/mo | $2,500/mo | $6,000/mo |
| 4 BR | 3 | $5,893/mo | $5,500/mo | $6,380/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 8 | $3,744/mo |
| 2022 | 6 | $4,067/mo |
| 2023 | 6 | $5,355/mo |
| 2024 | 4 | $4,450/mo |
| 2025 | 3 | $4,767/mo |
| 2026 | 1 | $4,500/mo |
Loading chart data...
Investment Analysis
Based on average rents and sale prices, ST MICHAEL REGENCY delivers an estimated gross rental yield of 3.0%. 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 | $1,643 psf | 304 |
| 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 ST MICHAEL REGENCY (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- ST MICHAEL REGENCY
- Potong Pasir MRT
- Boon Keng MRT
- Geylang Bahru MRT
- Woodleigh MRT
- Bendemeer Primary School
- Bendemeer Secondary School
- Stamford Primary School
Nearby MRT Stations
ST MICHAEL REGENCY is 680m from Potong Pasir MRT (North-East Line), with 4 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Potong Pasir | NE10 | North-East Line | 680m |
| Boon Keng | NE9 | North-East Line | 970m |
| Geylang Bahru | DT24 | Downtown Line | 1.1 km |
| Woodleigh | NE11 | North-East Line | 1.5 km |
Nearby Schools
There are 12 schools within 2 km of ST MICHAEL REGENCY, including 4 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Bendemeer Primary School | Primary | 700m |
| Bendemeer Secondary School | Secondary | 710m |
| Stamford Primary School | Primary | 870m |
| Assumption Pathway School | Secondary | 870m |
| Balestier Hill Primary School | Primary | 1.2 km |
| School of Science and Technology | Jc | 1.3 km |
| Hong Wen School | Primary | 1.3 km |
| Beatty Secondary School | Secondary | 1.4 km |
| CHIJ Secondary (Toa Payoh) | Secondary | 1.4 km |
| De La Salle School | Primary | 1.5 km |
| Farrer Park Primary School | Primary | 1.8 km |
| CHIJ Our Lady Queen of Peace | Primary | 1.9 km |
Tenure resilience. Freehold tenure removes the lease-decay headwind that affects 99-year leasehold stock from ~year 60 onward. CPF eligibility, loan-tenure caps, and resale buyer pool are all preserved without the time-decay clock. For long holds (15+ years), this matters meaningfully more than headline PSF.
Walking-distance MRT. Potong Pasir is about 0.68km — within the conventional 10-minute walk threshold most tenants accept. The project benefits from the public-transport premium without the price compression that <500m flagship stations command.
Boutique character. With 49 units, ST MICHAEL REGENCY 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. Bendemeer Primary School sits about 0.70km away, with additional schools clustered nearby. Family households on 24-month tenancies anchor the rental pool, which materially improves vacancy economics for landlord-owners.
Thin transaction history. With only 15 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": "green",
"reason": "Long balance lease + likely sub-CCR pricing"
},
{
"persona": "Family with school-age kids",
"fit_color": "green",
"reason": "Nearby schools support MOE registration priority"
},
{
"persona": "CBD commuter",
"fit_color": "green",
"reason": "Walking-distance MRT supports daily commute"
},
{
"persona": "Rental investor (yield-focused)",
"fit_color": "red",
"reason": "Thin transaction history makes underwriting fragile"
},
{
"persona": "Foreign professional (expat)",
"fit_color": "amber",
"reason": "MRT plus mid-size facility suite typically meets expat-tenant criteria"
},
{
"persona": "Long-term hold (10+ yr)",
"fit_color": "green",
"reason": "Tenure supports CPF + buyer-pool through hold"
}
]
Composite assessment: ST MICHAEL REGENCY combines walking-distance MRT with long-tenure leasehold (or freehold) — a solid structural foundation. The district position dictates whether capital appreciation outpaces or tracks the broader market. 15 transactions in URA REALIS provide the data foundation for this view.
Suggested holding period for most buyer profiles: 6-10 years to ride out one full macro cycle. 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 ST MICHAEL REGENCY?
What is the rental yield for ST MICHAEL REGENCY?
Is ST MICHAEL REGENCY freehold or leasehold?
How far is the nearest MRT from ST MICHAEL REGENCY?
What is the tenure of ST MICHAEL REGENCY?
How does ST MICHAEL REGENCY compare to other projects in the district?
What stamp duty applies for a foreign buyer of ST MICHAEL REGENCY?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 15 transactions analysed
- Rental data: 28 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 ST MICHAEL REGENCY
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.