Greenridge

D21 (RCR) Freehold
District 21 ·Freehold ·Completed 1987
Avg PSF (12-month)
1.5% Rental yield
73 Total units
Category Ratings
Facilities
4.0
Unit size & layout
7.5
Value for money
7.0
Neighbourhood
7.5
MRT accessibility
5.5
Lease remaining
10.0

Overview & Key Facts

Greenridge sits quietly along Greenridge Crescent in Clementi Park, a low-rise residential enclave tucked into the greenery of District 21’s Upper Bukit Timah corridor. Completed in 1987 and developed by Greenridge Development Pte Ltd — a purpose-built single-project company — it is not a condominium in the conventional sense. Greenridge is a strata-landed terrace development: 73 freehold terrace houses held under strata title, sharing common land and management but offering the space, privacy, and character of individual landed living.

With an average transacted price of around S$4.4–5 million and units spanning four to six bedrooms, Greenridge occupies a niche that conventional condominium comparisons struggle to capture. Buyers here are not choosing between pool views or MRT proximity — they are choosing a landed lifestyle within a gated, freehold estate in one of Singapore’s most enduringly popular residential belts. For that proposition, Greenridge remains a compelling if understated option, even nearly four decades after completion.

Thin transaction data — interpret PSF with caution
Greenridge has recorded only 9 total sales transactions in the URA caveats database. PSF benchmarks derived from this sample are statistically volatile — the recorded range spans S$1,356 to S$1,967 psf across different periods. Any per-square-foot comparison with conventional condominiums should be treated as directional, not definitive. For an accurate valuation, a direct property valuation or agent appraisal is strongly recommended.
Developer
GREENRIDGE DEVELOPMENT PTE LTD
Tenure
Freehold
Total units
73
TOP year
1987
District
21 — RCR
Street
GREENRIDGE CRESCENT

Location & Connectivity

Greenridge Crescent is a quiet residential street that branches off Upper Bukit Timah Road in the Clementi Park neighbourhood — an area characterised by low-rise landed houses, mature tree cover, and a pace of life noticeably slower than the commercial districts nearby. The Bukit Timah Nature Reserve is approximately 1.5 km to the north, and the Rail Corridor — Singapore’s 24-kilometre linear park along the former KTM railway track — runs within easy cycling or jogging distance. For residents who value greenery and outdoor access, few locations in Singapore offer a comparable combination of urban convenience and natural proximity.

The nearest MRT station is Beauty World (DTL), approximately 1.37 km away — a 15–18 minute walk in Singapore’s climate, or a short drive. Beauty World is served by the Downtown Line, offering direct trains to Botanic Gardens, Stevens, Newton, Little India, Bugis, and Marina Bay. It is the only MRT within practical distance: King Albert Park DTL is roughly comparable, and Clementi (EWL) is further south. For MRT-dependent commuters, Greenridge requires either a bus connection or private transport to the station. This is a car-dependent address in the most honest sense — a feature, not a flaw, for the target buyer profile.

Everyday retail is anchored by the Beauty World cluster — Beauty World Plaza, Beauty World Centre, and the Bukit Timah Shopping Centre — all within 1.5 km and collectively covering supermarkets, wet market, F&B, hardware, and neighbourhood services. The upcoming Beauty World integrated development (slated to include a bus interchange, hawker centre, public library, and mixed-use retail) will significantly uplift the node’s offerings when completed, further reinforcing the area’s long-term residential appeal.

The school catchment is outstanding. Anglo-Chinese Junior College (1.23 km), Nan Hua High School (1.27 km), Henry Park Primary School (1.36 km), Nan Hua Primary School (1.54 km), Ngee Ann Polytechnic (1.10 km), and SUSS (1.29 km) are all within the immediate catchment radius. The Bukit Timah corridor has long been Singapore’s de facto school belt for Chinese-medium education institutions, and Greenridge’s location places it squarely within the most sought-after registration zones for Nan Hua Primary — one of Singapore’s most competitive Phase 2C primary school ballots.


Schools & Education

Nearby Schools
SchoolTypeDistance
Ngee Ann Polytechnictertiary~1.1 km
Anglo-Chinese Junior Collegejc~1.2 km
Nan Hua High Schoolsecondary~1.3 km
Singapore University of Social Sciencestertiary~1.3 km
Henry Park Primary Schoolprimary~1.4 km
One World International School (Nanyang)international~1.5 km
Nan Hua Primary Schoolprimary~1.5 km
Pei Tong Primary Schoolprimary~1.8 km

Facilities

As a strata-landed development rather than a purpose-built condominium, Greenridge’s shared facilities are intentionally modest. The focus is on estate maintenance, security, and shared common areas — not the resort-style amenity stack of a large condominium. Residents benefit from a gated and guarded perimeter, common landscaping, and shared management of the estate’s infrastructure. Each terrace unit has its own private car porch accommodating two or more vehicles — a meaningful practical advantage over any condominium in the area.

“The appeal of Greenridge is not the pool or the gym — it is the space, the greenery, the quiet, and the freehold land. You are effectively buying a landed house with strata title in one of Singapore’s greenest districts.”

— Composite of agent commentary on Greenridge Crescent listings, 2024–2025

Buyers accustomed to condominium facility lists should recalibrate expectations accordingly. There is no swimming pool, gymnasium, or clubhouse in the conventional sense. The trade-off is direct: in exchange for condo-style shared amenities, residents receive a multi-storey terrace home with a private garden, car porch, and a sense of space that no condominium unit in D21 can replicate at comparable quantum. For the buyer profile this development attracts — typically multi-generational families or lifestyle-driven upgraders — that is precisely the correct trade.


Unit Sizes & Layout

Greenridge’s 73 terrace units are configured across four, five, and six-bedroom layouts — substantially larger than any comparably-located condominium unit. Units span multiple storeys with private gardens, car porches, and in many cases, attic or basement spaces that add to the effective living area. The older 1987 build quality is straightforward rather than premium by today’s standards, but the structural fundamentals of a well-maintained landed terrace are sound. Most units on the market have undergone renovation, with some extensively refurbished to contemporary standards.

Transacted prices have ranged from approximately S$3.3 million to S$5.6 million in recent years, reflecting variations in unit size, floor level, renovation quality, and specific position within the estate. The recorded PSF range of S$1,356 to S$1,967 across the thin transaction history illustrates how meaningfully individual unit characteristics affect pricing. Buyers should treat the per-square-foot metric as secondary — absolute quantum and the specific unit’s land size, built-up area, and orientation are the primary valuation drivers for strata-landed.

En-Bloc potential — 61/100 collective sale score
Greenridge scores 61 out of 100 on ShiokNest’s en-bloc probability model — one of the stronger scores for its vintage. The combination of a 1987 completion date, freehold tenure, 73 units, and a well-located Bukit Timah land parcel creates a plausible collective sale thesis. The site’s land area, if redeveloped at current D21 plot ratios, could accommodate a substantially larger residential development. Buyers interested in the en-bloc optionality angle should note that collective sales require 80% consent under the Land Titles (Strata) Act, and timing remains inherently uncertain — but for a nearly 40-year-old development on prime freehold land, the calculus is more favourable than most.
Unit Mix (from transaction data)
BedroomsTransactionsAvg PSFAvg Price
4 BR2$2,138$3,900,000
5 BR7$1,585$5,367,143

Pricing & Market Position

Based on 9 recorded transactions, sale prices range from $3,600,000 to $7,500,000, averaging $5,041,111.

Rents range from $4,100 to $6,100 per month across 11 rental transactions. Current rental yield sits at approximately 1.5%.


Price Appreciation

From 2021 to 2024, the average PSF has appreciated by 45% (from $1,356 to $1,967 psf).

2022
+44.4%
$1,959 psf
2023
-24.1%
$1,486 psf
2024
+32.3%
$1,967 psf

Neighbourhood Comparison

Direct comparisons with nearby new launches are instructive mainly as a quantum exercise. The Reserve Residences (Beauty World, 99-year, ~S$2,494 psf), Nava Grove (Pine Grove, 99-year, ~S$2,488 psf), and Pinetree Hill (Jurong, 99-year, ~S$2,486 psf) are all transacting at a significant premium on a per-square-foot basis, but none offer landed living — and all carry leasehold tenure. Forett@Bukit Timah (~S$2,130 psf, freehold) is the closest conventional-condominium freehold comparator, but its units are apartment-sized rather than terrace-house-sized. Ki Residences (~S$1,954 psf, 999-year) is the only nearby development offering something approaching generational tenure, though still not true freehold.

For buyers specifically weighing Greenridge against new launches in D21: the comparison is largely apples to oranges. Greenridge provides a multi-storey, multi-bedroom home with a private car porch and garden on freehold land — a product type simply not available in any new launch in the area. The en-bloc angle adds a layer of optionality absent from any leasehold new launch. The correct comparison frame is not PSF but total lifestyle and tenure value per dollar of quantum invested.

District 21 Comparables
DevelopmentTenureTOPUnits~Avg PSF
GREENRIDGEFreehold198773
THE RESERVE RESIDENCES99 yrs lease commencing from 20212023892$2,494
NAVA GROVE99 yrs lease commencing from 20242024552$2,488
PINETREE HILL99 yrs lease commencing from 20222023520$2,486
KI RESIDENCES AT BROOKVALE999 yrs lease commencing from 18852021660$1,954
FORETT@BUKIT TIMAHFreehold2021633$2,130

ShiokNest Scores

Our proprietary scoring system evaluates GREENRIDGE across multiple dimensions.

Walkability
33/100
MRT: 8/25, School: 12/20, Hawker: 0/15, Mall: 0/15, Park: 10/10, Supermarket: 0/10, Clinic: 3/5
Investment
24/100
Insufficient data ·1.2% yield ·0 txns/yr ·Freehold ·1.37 km to MRT ·-7.7% district YoY ·En-bloc 61/100
En-Bloc Potential
61/100
Verdict: Moderate
Overall ShiokNest Score
46/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

“Living here feels like a genuine neighbourhood — you know your neighbours, the estate is quiet, and the greenery on Greenridge Crescent makes coming home feel like you’ve left the city behind even though you haven’t. The Nature Reserve and Rail Corridor are on your doorstep.”

— Resident commentary, Greenridge Crescent, via PropertyGuru listing notes

“The school catchment is the main reason we chose this area. Nan Hua Primary, Henry Park, ACJC — all within walking or cycling distance. For families with kids, Bukit Timah is still the best school belt in Singapore.”

— Resident, Clementi Park / Upper Bukit Timah area, via 99.co community feedback

“Beauty World has improved a lot with the DTL. The upcoming integrated development will make the node even more complete. For now you still need a car for most things, but the quality of life on a quiet street like Greenridge Crescent is hard to replicate at this price range.”

— Agent commentary on upper Bukit Timah residential demand, 2025

Strengths & Weaknesses

Strengths
  • Freehold strata-landed terrace — rare product type in D21
  • Private garden and car porch (2+ cars) per unit — no condo parking lottery
  • Multi-storey 4-6 bedroom layouts with far more space than any nearby condo
  • Bukit Timah school belt — Nan Hua Primary, Henry Park, ACJC within 1.5 km
  • Ngee Ann Polytechnic and SUSS within 1.3 km — tertiary education on the doorstep
  • Bukit Timah Nature Reserve and Rail Corridor within easy cycling distance
  • Beauty World DTL connects to Newton, Bugis, Marina Bay without transfer
  • En-bloc score 61/100 — credible collective sale optionality on prime 1987 freehold land
  • Gated and guarded estate — security and privacy of landed without full detached exposure
  • Upcoming Beauty World integrated development (hawker, library, bus interchange) nearby
Weaknesses
  • Car-dependent — Beauty World DTL is 1.37 km away, no walkable MRT
  • Walkability score 33/100 — limited pedestrian retail within comfortable walking distance
  • Investment score 24/100 — thin rental yield (1.51%) relative to quantum
  • Very thin transaction data (9 sales) — PSF benchmarks statistically unreliable
  • 1987 vintage — build quality and fittings require renovation budget for modern standards
  • No condominium-style shared facilities (no pool, gym, or clubhouse)
  • En-bloc uncertain — collective sale requires 80% consent and market conditions
  • High absolute quantum (S$4-5M+) limits buyer and tenant pool relative to smaller condos
Best for — Multi-generational families Nan Hua / Henry Park school belt Car-owning households Freehold D21 land buyers En-bloc / collective sale investors Bukit Timah Nature Reserve lifestyle MRT-dependent commuters Yield-focused investors

Verdict

Greenridge is a development that rewards buyers who understand exactly what they are buying. It is not a condominium with facilities — it is a strata-landed terrace estate in freehold D21, positioned in one of Singapore’s most enduring residential belts, within striking distance of the Bukit Timah Nature Reserve, the Rail Corridor, and one of the island’s most competitive school catchments. For the right buyer, that combination is irreplaceable at any PSF metric.

The investment case is more nuanced. A ShiokNest investment score of 24/100 reflects the thin transaction liquidity, the distance from MRT, and the challenge of benchmarking strata-landed returns against conventional rental yield comparisons. The gross yield of 1.51% — derived from a small rental sample at S$5,000–5,500 per month against multi-million-dollar quantum — understates the true holding value of freehold D21 land. Capital preservation and en-bloc optionality (61/100) are the more meaningful investment angles for this asset class.

The buyer who fits Greenridge is a multi-generational family or an upgrader seeking freehold landed living in the Bukit Timah school belt, with at least one private vehicle, a preference for greenery and quiet over MRT convenience, and either a long own-stay horizon or a specific interest in the collective sale optionality of a nearly 40-year-old estate on prime land. For that buyer, Greenridge offers a quality of residential life that condominium equivalents simply cannot match.

Frequently Asked Questions

Is Greenridge a condominium or a landed property?
Greenridge is a strata-landed terrace development — 73 freehold terrace houses held under strata title. Each unit is a multi-storey terrace home with a private garden and car porch. It is managed collectively like a condominium estate but offers the living experience of a landed house, not an apartment.
What is the nearest MRT station to Greenridge?
Beauty World MRT (Downtown Line) is approximately 1.37 km from Greenridge Crescent — around 15-18 minutes on foot or a short drive. The Downtown Line connects directly to Botanic Gardens, Stevens, Newton, Little India, and Bugis. King Albert Park DTL is an alternative in the other direction. Greenridge is best suited to car-owning households.
What primary schools are within 1 km of Greenridge for P1 registration?
Henry Park Primary School is approximately 1.36 km from Greenridge Crescent, and Nan Hua Primary School is approximately 1.54 km. Both are popular and competitive schools. Exact distances vary by unit and the specific school gate used for MOE measurement — buyers intending to use school proximity for Phase 2C balloting should verify precise distances with the school directly.
What is the en-bloc potential of Greenridge?
Greenridge scores 61 out of 100 on ShiokNest's collective sale probability model — driven by its 1987 vintage, freehold tenure, and prime D21 land location. A successful collective sale would require 80% of owners to consent under the Land Titles (Strata) Act, and a reserve price acceptable to the majority. Timing and market conditions are inherently uncertain, but the site profile is favourable compared to many older estates.
How does Greenridge compare to nearby new condominium launches?
New launches near Beauty World — The Reserve Residences, Nava Grove, Pinetree Hill — are transacting at S$2,400-2,500 psf on 99-year leasehold tenure. Greenridge offers freehold strata-landed units at broadly lower PSF on a landed-house footprint. The comparison is not directly like-for-like: Greenridge provides multi-storey terrace living with private car porch and garden, which no nearby new launch offers.
What is the typical rental yield at Greenridge?
Based on available rental data (11 transactions), median rent is approximately S$5,500 per month. Against a median transacted price of S$4.38 million, this implies a gross yield of approximately 1.51% — below typical condominium yield benchmarks. Strata-landed properties in D21 are generally held for capital preservation, lifestyle, and optionality rather than rental yield.