We track 118 sales and 76 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the THE RAINFOREST dashboard.
- Average sale price: $1,422,066 across 118 transactions
- Estimated gross rental yield: 3.4%
- District 23 PSF ranking: Mid-range (top 63%)
- 99 yrs lease commencing from 2011 · OCR · D23 · 466 units
About THE RAINFOREST
THE RAINFOREST is a 99 yrs lease commencing from 2011 condominium, located at CHOA CHU KANG AVENUE 3 in District 23 (Choa Chu Kang, Dairy Farm, Hillview, Bukit Panjang) (Outside Central Region), comprising 466 residential units.
Unit Mix Distribution
Transaction data breakdown by bedroom type at THE RAINFOREST:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 15 | $1,289 psf | $1,174,793 |
| 3 BR | 89 | $1,312 psf | $1,411,855 |
| 4 BR | 12 | $1,140 psf | $1,671,500 |
| 5+ BR | 2 | $1,109 psf | $2,234,444 |
Sales Market Overview
THE RAINFOREST has recorded 118 sale transactions with an average transaction price of $1,422,066, ranging from $945,000 to $2,430,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 27 | $1,066 psf | $1,190,908 | — |
| 2022 | 23 | $1,214 psf | $1,365,908 | ↑ 13.9% |
| 2023 | 8 | $1,306 psf | $1,467,361 | ↑ 7.6% |
| 2024 | 32 | $1,363 psf | $1,532,361 | ↑ 4.3% |
| 2025 | 18 | $1,446 psf | $1,522,944 | ↑ 6.1% |
| 2026 | 10 | $1,515 psf | $1,604,600 | ↑ 4.8% |
THE RAINFOREST ranks in the top 63% of condos in District 23 by average PSF.
Compared to the OCR average of $1,550 psf, THE RAINFOREST trades 16.9% below the segment benchmark.
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Rental Market Overview
THE RAINFOREST has recorded 76 rental transactions with monthly rents averaging $4,007/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 2 BR | 6 | $3,400/mo | $2,200/mo | $4,200/mo |
| 3 BR | 57 | $3,951/mo | $1,600/mo | $5,300/mo |
| 4 BR | 13 | $4,535/mo | $3,650/mo | $5,100/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 6 | $2,942/mo |
| 2022 | 13 | $3,062/mo |
| 2023 | 17 | $4,512/mo |
| 2024 | 16 | $4,328/mo |
| 2025 | 23 | $4,207/mo |
| 2026 | 1 | $4,400/mo |
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Investment Analysis
Based on average rents and sale prices, THE RAINFOREST 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 THE RAINFOREST (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- THE RAINFOREST
- South View MRT
- Choa Chu Kang MRT
- Choa Chu Kang MRT
- Keat Hong MRT
- Teck Whye MRT
- Regent Secondary School
- Unity Primary School
- Choa Chu Kang Primary School
Nearby MRT Stations
THE RAINFOREST is 460m from South View MRT (Bukit Panjang LRT), with 7 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| South View | BP2 | Bukit Panjang LRT | 460m |
| Choa Chu Kang | NS4 | North-South Line | 490m |
| Choa Chu Kang | BP1 | Bukit Panjang LRT | 490m |
| Keat Hong | BP3 | Bukit Panjang LRT | 530m |
| Teck Whye | BP4 | Bukit Panjang LRT | 960m |
| Phoenix | BP5 | Bukit Panjang LRT | 1.2 km |
| Ten Mile Junction | BP14 | Bukit Panjang LRT | 1.4 km |
Nearby Schools
There are 8 schools within 2 km of THE RAINFOREST, including 2 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Regent Secondary School | Secondary | 860m |
| Unity Primary School | Primary | 970m |
| Choa Chu Kang Primary School | Primary | 1.1 km |
| Yew Tee Primary School | Primary | 1.5 km |
| West Spring Primary School | Primary | 1.6 km |
| West Spring Secondary School | Secondary | 1.6 km |
| Pei Hwa Presbyterian Primary School | Primary | 1.9 km |
| Springdale Primary School | Primary | 1.9 km |
FAQ
What is the average price for THE RAINFOREST?
What is the rental yield for THE RAINFOREST?
Is THE RAINFOREST 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: 118 transactions analysed
- Rental data: 76 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 THE RAINFOREST
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.