Five Chancery
Five Chancery is a freehold condominium in District 11 (Watten Estate, Novena, Thomson), within Singapore's Core Central Region (CCR). Completed in 2011, the development comprises 12 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Overview & Key Facts
FIVE CHANCERY is a freehold condominium at CHANCERY LANE in District 11 (CCR), developed by TERTIUS DEVELOPMENT PTE LTD, comprising 12 units, completed in 2011.
Location & Connectivity
FIVE CHANCERY is approximately 590m from Newton MRT station, with 6 stations within 1.5 km.
Schools & Education
19 schools within 2 km (3 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Singapore Chinese Girls' School (Primary) | Primary | 280m |
| Anglo-Chinese School (Primary) | Primary | 380m |
| St. Joseph's Institution | Secondary | 560m |
| St. Margaret's Primary School | Primary | 1 km |
| St. Margaret's Secondary School | Secondary | 1.1 km |
| New Town Primary School | Primary | 1.2 km |
| St. Anthony's Primary School | Primary | 1.2 km |
| ISS International School (Preston) | International | 1.4 km |
Market Position
FIVE CHANCERY has recorded 3 sales at an average price of $6,148,296.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2022 | 2 | $1,071 psf | — |
| 2023 | 1 | $1,149 psf | ↑ 7.4% |
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Price Index Check
The ShiokNest Price Index for District 11 reads 119.0 as of June 2026 — down 0.1% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
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Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| PULLMAN RESIDENCES NEWTON | Freehold | $3,074 psf | 288 |
| WATTEN HOUSE | Freehold | $3,236 psf | 180 |
| SOLEIL @ SINARAN | 99 yrs lease commencing from 2006 | $1,979 psf | 96 |
| PEAK RESIDENCE | Freehold | $2,489 psf | 90 |
| AMARYLLIS VILLE | 99 yrs lease commencing from 1997 | $1,909 psf | 74 |
What Could Work Against You
- Only 0 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
- At 12 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
Best suited for
Who This Actually Suits
This is a strong match for families with young children, multi-generational families, car-owning households and long-term hold (10+ yr). Family-suitable layout and CCR (Core Central Region) location with established school catchments nearby.
For foreign / absd-aware buyers, it can work — but weigh the trade-offs before committing.
yield-focused investors should probably look elsewhere. CCR (Core Central Region) location with rental demand profile worth running through our Rental Yield Calculator.
Verdict
FIVE CHANCERY is a freehold development in District 11 (CCR), with 12 units, offering a gross yield of 2.2%.
Explore the full FIVE CHANCERY dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing FIVE CHANCERY against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (1 km away), an upgrader gap of about $5,250,000
- Toa Payoh — 4-room average $929,793 (1.4 km away), an upgrader gap of about $5,200,000
FAQ
What is the average PSF for FIVE CHANCERY?
Is FIVE CHANCERY freehold?
What is the rental yield for FIVE CHANCERY?
Which MRT is nearest to FIVE CHANCERY?
Sources & Next Steps
- FIVE CHANCERY Dashboard — Live charts and analytics
- URA — Official transaction data
- District 11 (Watten Estate, Novena, Thomson) — District 11 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 3 transactions
- Rental data: 12 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Sep 2023 · 3 records analysed · Source: URA private-sale caveats