Boon Teck Apartments
Located in District 12 (Toa Payoh, Serangoon, Balestier), Boon Teck Apartments is a freehold condominium in the Rest of Central Region (RCR). The development was completed in 1991 and comprises 24 units. Sale and rental figures on this page are compiled from URA transaction records.
BOON TECK APARTMENTS
Over the 12 months to Sep 2023, Boon Teck Apartments recorded 3 rental contracts at a median $4,100/mo. Source: URA caveat data, as of Sep 2023.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Sep-23 | $1,530,000 | $1,236 psf | 1,238 sqft | 06 to 10 | 3BR |
| Jan-23 | $1,510,000 | $1,220 psf | 1,238 sqft | 06 to 10 | 3BR |
| Sep-21 | $1,680,000 | $1,131 psf | 1,485 sqft | 11 to 15 | 4BR |
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.