Chelsea Gardens
Chelsea Gardens is a freehold condominium in District 10 (Ardmore, Bukit Timah, Holland Road, Tanglin), within Singapore's Core Central Region (CCR). Completed in 2000, the development comprises 40 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
CHELSEA GARDENS
Over the 12 months to May 2024, Chelsea Gardens recorded 8 rental contracts at a median $10,000/mo. Source: URA caveat data, as of May 2024.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| May-24 | $4,700,000 | $1,874 psf | 2,508 sqft | 06 to 10 | 5BR |
| Feb-24 | $3,988,000 | $1,871 psf | 2,131 sqft | 01 to 05 | 5BR |
| Mar-22 | $3,375,000 | $1,889 psf | 1,787 sqft | 01 to 05 | 4BR |
| Jan-22 | $3,700,000 | $1,889 psf | 1,959 sqft | 06 to 10 | 5BR |
| Dec-21 | $3,880,000 | $1,981 psf | 1,959 sqft | 06 to 10 | 5BR |
| Dec-21 | $3,500,000 | $1,787 psf | 1,959 sqft | 01 to 05 | 5BR |
| Sep-21 | $4,400,000 | $1,754 psf | 2,508 sqft | 01 to 05 | 5BR |
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.