Inz Residence

D23 (OCR) 99 yrs lease commencing from 2015
District 23 ·99 yrs lease commencing from 2015
~$1,443 Avg PSF (12-month)
3.1% Rental yield
497 Total units
Category Ratings
Facilities
7.0
Unit size & layout
8.0
Value for money
7.5
Neighbourhood
3.5
MRT accessibility
4.0
Lease remaining
8.0

Overview & Key Facts

INZ RESIDENCE is an Executive Condominium (EC) developed by a consortium led by Qingjian Realty, sitting along Choa Chu Kang Avenue 5 in District 23. Completed in 2019 and comprising 497 units across nine 15- and 16-storey blocks, it holds the distinction of being the first EC in Choa Chu Kang to be built with SMART home capabilities — a fact that defined its marketing identity at launch and still resonates with residents today.

The name is a play on the phrase “in the zone” and the development positions itself accordingly: a self-contained, tech-forward retreat in the western fringe of Singapore. The site is bounded by Choa Chu Kang Avenue 5 to one side and Brickland Road to the other, with the nascent Tengah Forest Town rising directly across — a blank canvas that will eventually become Singapore’s largest smart and sustainable new town, but which today means INZ’s immediate outlook is largely open scrubland and low-rise construction.

As an EC, INZ RESIDENCE combines private condominium amenities with land subsidies and CPF grant eligibility at launch, targeting first-timer Singaporean households. It hit its Minimum Occupation Period (MOP) in 2024, meaning units are now eligible for resale to Singapore Citizens and Permanent Residents. Full privatisation — opening the development to foreign buyers — is expected around 2029, a milestone that has historically been associated with a price uplift of 10–20% in comparable ECs. The buyer base is overwhelmingly Singaporean: 97.5% SC, 2.5% PR at time of original purchase, with near-zero foreign-buyer profile to date.

Developer
Tenure
99 yrs lease commencing from 2015
Total units
497
TOP year
District
23 — OCR
Street
CHOA CHU KANG AVENUE 5

Location & Connectivity

INZ RESIDENCE’s location is the single most important factor to understand before buying. The walkability score of 18 out of 100 — among the lowest on this platform for private residential properties — is not a statistical anomaly. It reflects a genuine, daily reality: the development sits on the edge of Choa Chu Kang, at a point where the residential grid gives way to Tengah’s construction zone. Residents are not within comfortable walking distance of an MRT station, a major mall, or a hawker centre of note.

To be precise: Choa Chu Kang MRT (NS4) is approximately 1.32 km away — a 17-minute walk in Singapore’s heat and humidity that most residents do not take. South View LRT station is the closest at 0.95 km, and Keat Hong LRT is 1.16 km away; both feed the CCK LRT loop which then connects to CCK MRT on the North–South Line. Bus service 983 stops just outside the development and reaches CCK MRT in roughly 7 minutes — this is the practical daily option for non-drivers. The Jurong Region Line (JRL) Choa Chu Kang West station (JS2), to be built along Choa Chu Kang Avenue 3, has been delayed to approximately mid-2028; once open, it will materially improve connectivity without a bus transfer, though the exact walking distance from INZ remains to be established.

For drivers, the picture is considerably more comfortable. The KJE, BKE, and PIE are all accessible within minutes, and Brickland Road provides a clear, uncongested run in most directions. The Jurong Lake District — Singapore’s designated second CBD — is a 10–15 minute drive. Jurong East, with IMM, JEM, Westgate, and Ng Teng Fong General Hospital, is similar distance. The CBD is roughly 30 minutes against traffic, which is not unusual for the west.

Closer in, Sunshine Place (a neighbourhood HDB mall with a Giant supermarket, Kopitiam food court, clinic, and Kinderland) is within a 5-minute walk — adequate for daily staples but not a lifestyle destination. Keat Hong Shopping Centre is about 550 m away cutting through the HDB estate. Lot One Shoppers’ Mall, Choa Chu Kang Town Centre, and the public library require a bus ride or short drive. Nearby schools include Concord Primary, St. Anthony’s Primary, Teck Whye Primary, and Swiss Cottage Secondary — reasonable options for a Choa Chu Kang address, though none are traditionally “coveted” ballot targets.

Honest assessment: this is a car-household location
A walkability score of 18/100 should be taken at face value. Residents without a car or at least a willing bus commute will find daily life at INZ RESIDENCE meaningfully less convenient than comparable ECs closer to their respective town centres. This is not a dealbreaker for the right buyer profile — but it must be priced into the decision.

Facilities

For a 497-unit EC, INZ RESIDENCE delivers a solid facilities package — not exceptional by mega-condo standards, but well above the bare-minimum common in smaller EC projects. The site’s 40% green coverage (approximately 6,700 sqm) is a standout; residents consistently describe the grounds as lush and well-maintained. The landscaped deck sits above the single-level basement carpark and provides a raised, insulated environment away from street noise.

A sky terrace is located at Blocks 62 and 64, providing 250 sqm of elevated greenery with pavilions and tree planting — a premium feature that elevates these stacks above standard EC fare. Ground-level facilities include a swimming pool with pool deck, BBQ pavilions, a clubhouse, gymnasium, fitness corner, and a tennis court. The overall provision is functional and family-oriented: it serves its audience without overshooting into resort-territory.

The defining differentiator remains the smart home ecosystem. In partnership with Singtel and HiLife Interactive, Qingjian built INZ RESIDENCE as the first EC in Singapore with an internet-ready smart home infrastructure. Every unit was delivered with 1 Gbps Singtel fibre broadband, and the HiLife app allows residents to remotely control appliances, book facilities, manage visitor access, and receive security alerts. INZ RESIDENCE was also the first EC in Singapore to incorporate a lift lobby video intercom system, enabling residents to monitor visitors from their handphone before remotely unlocking the lobby door. In 2017 these features were genuinely ahead of the market; as of 2026 they are more standard, but the underlying infrastructure quality holds.


Unit Sizes & Layout

INZ RESIDENCE offers 2-, 3-, 4-, and 5-bedroom unit types, with Qingjian’s signature CoSpace concept running through the range. CoSpace provides an additional flexible room — typically around 50–70 sqft — that can be configured as a study, a junior bedroom, a utility room plus storeroom, or opened up to enlarge the adjoining living space. Reviewers noted at launch that Qingjian “seems to be one of the few developers in Singapore that truly understands” the value of spacious common bedrooms, and all common bedrooms at INZ are sized to accommodate at least a queen bed — an increasingly rare specification in Singapore new-builds.

Unit finishing quality reflects EC positioning: better than HDB, credible mid-market, but without the premium fixtures of a private condo selling at $2,000+ psf. Bathrooms are notably universally wheelchair-accessible — a Qingjian mainstay across their EC projects — with wide portals and full turning-space floor areas. This is a genuine future-proofing feature for families planning long-term occupancy. Kitchens come with standard appliance provisions; most buyers at or post-MOP have renovated selectively.

The best stacks are those that face Brickland Road and the Tengah zone rather than into the HDB estates — today the outlook is open construction, but within 5–10 years these stacks will have views toward Tengah’s forested town centre and Central Park. Units at higher floors on Blocks 62 and 64 benefit from the sky terrace level and elevated greenery. Ground-floor units facing the pool deck are popular with families with young children for direct access.

CoSpace configuration tip
The most popular CoSpace configuration at INZ RESIDENCE is the “additional bedroom” conversion — turning a 3-bedroom into an effective 4-bedroom unit. For families with a live-in helper, the utility room plus storeroom split is equally practical. Check which CoSpace variant applies to your specific unit type before purchase, as configurations differ across floor plans.
Unit Mix (from transaction data)
BedroomsTransactionsAvg PSFAvg Price
1 BR14$1,407$969,063
2 BR17$1,417$1,246,333
3 BR103$1,418$1,509,990
4 BR6$1,351$2,308,000

Pricing & Market Position

Based on 140 recorded transactions, sale prices range from $935,000 to $2,360,000, averaging $1,458,082 (~$1,443 psf).

Rents range from $2,750 to $4,800 per month across 43 rental transactions. Current rental yield sits at approximately 3.1%.


Price Appreciation

From 2021 to 2026, the average PSF has appreciated by 38.7% (from $1,060 to $1,470 psf).

2024
+18.6%
$1,402 psf
2025
+2.6%
$1,439 psf
2026
+2.2%
$1,470 psf

Neighbourhood Comparison

The most direct comparison in the west is The Visionaire (also by Qingjian, Canberra, D27) — a fellow smart-home EC that is often cited as the template INZ was built from. Visionaire is further north but sits closer to its town centre and benefits from the Thomson–East Coast Line at Canberra MRT. Its psf has tracked similarly but the MRT walkability story is better. For buyers who are comfortable in Qingjian’s ecosystem and want the smart-home EC experience, comparing these two on current psf and MRT delta is worthwhile.

Against Piermont Grand (Punggol, D19, 2020), INZ offers lower psf but inferior connectivity. Piermont Grand is MRT-adjacent, in a mature town with a waterfront, and commands the corresponding premium. INZ’s bet is the opposite: frontier pricing for frontier potential.

Against newer EC launches in the west — Lumina Grand (Bukit Batok West, 2024 launch), Altura (Bukit Batok West, 2023 launch) — INZ RESIDENCE’s resale advantage is a shorter waiting period to MOP and an existing physical product buyers can inspect. The new launches offer fresher leases and closer MRT proximity but come with 4-year construction wait and higher launch psf. For buyers who need to move in within 12 months, INZ’s post-MOP resale units are the more practical choice in this sub-market.

District 23 Comparables
DevelopmentTenureTOPUnits~Avg PSF
INZ RESIDENCE99 yrs lease commencing from 2015497$1,443
SOL ACRES99 yrs lease commencing from 201420181,327$1,383
MIDWOOD99 yrs lease commencing from 20182021564$1,731
LUMINA GRAND99 yrs lease commencing from 20222024512$1,515
DAIRY FARM RESIDENCES99 yrs lease commencing from 20182021460$1,659
THE BOTANY AT DAIRY FARM99 yrs lease commencing from 20222023386$2,053

ShiokNest Scores

Our proprietary scoring system evaluates INZ RESIDENCE across multiple dimensions.

Walkability
18/100
MRT: 15/25, School: 0/20, Hawker: 0/15, Mall: 0/15, Park: 0/10, Supermarket: 0/10, Clinic: 3/5
Investment
65/100
+1.7% YoY ·3.3% yield ·44 txns/yr ·88 yrs left ·0.95 km to MRT ·+2.1% district YoY ·En-bloc 20/100
Profitability
59/100
Win rate: 79 — 14 transaction pairs, 79% profitable, avg +$111,421
En-Bloc Potential
20/100
Verdict: Low
Overall ShiokNest Score
37/100 — composite of walkability, investment, profitability, en-bloc, and market trend factors.

What Residents Say

“Great project for families. The CoSpace room is very versatile — we use it as a study for the kids now and plan to convert it to a bedroom when they get older. Very happy with Qingjian’s quality.”

— Resident review via PropertyGuru

“Love the greenery and facilities but you definitely need a car. The bus service is fine but it adds time to every commute. Once the JRL opens this area will be very different.”

— Resident review via EdgeProp

“Smart home features were a big selling point for us. HiLife app works well — we use it daily for the intercom and visitor access. Qingjian really set the bar for ECs with this.”

— Resident review via EC Singapore

The broad resident sentiment pattern is consistent: appreciation for unit sizing, the CoSpace flexibility, the green campus atmosphere, and Qingjian’s build quality; frustration with MRT distance and the “not quite there yet” state of Tengah next door. The general buy verdict from property reviewers is conditional — recommended for those who can look past the current connectivity gap toward the medium-term transformation of the west. The development’s 97.5% Singaporean owner base reflects both its EC heritage and its resolutely local, family-first character.


Strengths & Weaknesses

Strengths
  • EC pricing advantage — meaningful discount to equivalent private condos in D23
  • MOP completed 2024: full resale eligibility to SCs and PRs immediately
  • Full privatisation ~2029: upcoming foreign-buyer eligibility is a price catalyst
  • Pioneer smart-home EC: HiLife app, lift lobby video intercom, 1Gbps fibre ready
  • CoSpace flexible rooms — highly versatile for growing families
  • Generous common bedroom sizing; all master bedrooms fit king-sized beds
  • Universally wheelchair-accessible bathrooms — uncommon in ECs, valuable long-term
  • Lush landscaped grounds: 40% green coverage, sky terrace at Blocks 62 & 64
  • Good highway access: KJE, BKE, PIE all within minutes for drivers
  • Tengah Forest Town next door: major long-term catalyst for area transformation
  • JRL Choa Chu Kang West station (mid-2028) will improve MRT connectivity
  • Qingjian reputation: BCI Asia Awards, FIABCI Prix d'Excellence, multiple EC honours
Weaknesses
  • Walkability score 18/100 — one of the lowest on platform, car or bus essential
  • Choa Chu Kang MRT 1.32 km away — not a walkable commute in Singapore's climate
  • JRL opening deferred to mid-2028: MRT upside is years away
  • Tengah development still early-stage: long-term catalyst, not current amenity
  • Limited immediate lifestyle amenities — Sunshine Place (HDB mall) is the closest
  • No top-ranked primary schools within 1 km for P1 balloting advantage
  • EC history limits foreign rental demand; 97.5% SC buyer base constrains tenant pool
  • Gross yield 3.14% — serviceable but not exceptional for investor-first buyers
  • PSF appreciation has flattened post-2023 run-up: near-term upside more muted
  • Isolation: described by reviewers as best suited for "die-hard Westies" only
Best for — EC upgraders (HDB background) Car-owning families Tech-forward households Long-term own-stay (7+ years) West-leaning buyers Privatisation play investors JRL upside speculators MRT-dependent commuters Short-term investors (<5 yr) Foreign buyers (until ~2029)

Verdict

INZ RESIDENCE is a development that rewards patient, car-owning, west-leaning households — and penalises everyone else. That is not a criticism; it is an accurate description of the value proposition.

The PSF trajectory tells a clear story: $1,060 at launch climbing to $1,468 as of recent transactions, a 38% rise over the development’s first decade. The big jump came in 2022–2023 as the post-pandemic property market ran hot across all segments, and the curve has flattened since. At $1,442 average psf in 2026, INZ RESIDENCE is priced at a meaningful discount to nearby private condominiums and new EC launches in the west — which is the correct order. The question is whether the gap is wide enough to justify the location trade-off.

The MOP completing in 2024 is a meaningful milestone: the development is now freely tradeable on the resale market, and the 5-year post-MOP window historically shows the strongest per-year gains for ECs as the buyer pool widens. Full privatisation around 2029 opens the door to foreign buyers and has historically added 10–20% to comparable EC valuations. The JRL Choa Chu Kang West station (mid-2028) and the Tengah Forest Town development are both genuine long-term catalysts — but both are priced on “when they arrive” assumptions that have already been deferred once and will take years to fully materialise.

A gross yield of 3.14% is serviceable but not compelling for an investor-first frame. The rental pool is local and family-oriented; foreign renter demand is structurally limited by the EC’s history and location. Own-stay buyers with a 7–12 year horizon who need space, value smart-home infrastructure, and are genuinely comfortable in the west will find this a solid platform. Speculative short-term buyers or MRT-dependent households should look elsewhere.

Frequently Asked Questions

Is INZ RESIDENCE still an EC or is it fully privatised?
INZ RESIDENCE completed its Minimum Occupation Period (MOP) in 2024 and is now eligible for resale to Singapore Citizens and Permanent Residents. Full privatisation — which opens the development to foreign buyers — is expected around 2029, ten years from the 2019 TOP date. Until then, foreigners cannot purchase units.
How far is INZ RESIDENCE from the nearest MRT station?
The nearest MRT is Choa Chu Kang (NS4) at approximately 1.32 km — not a comfortable walk in Singapore's heat. South View LRT is the closest station at 0.95 km (part of the CCK LRT loop), and Keat Hong LRT is 1.16 km away. Most residents use Bus 983, which reaches CCK MRT in about 7 minutes. The Jurong Region Line's Choa Chu Kang West station is expected to open around mid-2028 and should improve connectivity meaningfully.
What is the CoSpace concept at INZ RESIDENCE?
CoSpace is Qingjian's signature flexible-room concept — an additional room in select unit types that can be configured as an extra bedroom, a study, a utility room plus storeroom, or opened up to extend the living or kitchen area. It is a genuine space differentiator versus standard EC layouts and is highly valued by families whose needs change over time.
What smart home features does INZ RESIDENCE have?
INZ RESIDENCE was built as the first smart-home EC in Choa Chu Kang. Every unit was delivered with 1 Gbps Singtel fibre broadband. The HiLife app (by HiLife Interactive, in partnership with Singtel) allows residents to control appliances remotely, book facilities, make payments via a virtual concierge, and manage visitor access. A lift lobby video intercom system was a Singapore EC first — residents can see and remotely unlock the lobby door from their phone.
What is the current PSF and price range at INZ RESIDENCE?
Based on recent transactions, the average PSF is approximately S$1,442, with a range of S$1,366 to S$1,578 psf. The average transacted price is approximately S$1,459,156. Gross rental yield is around 3.14%, with average monthly rent of approximately S$3,900–$4,000.
How does INZ RESIDENCE compare to newer EC launches like Altura or Lumina Grand?
Altura (Bukit Batok West, 2023 launch) and Lumina Grand (Bukit Batok West, 2024 launch) are closer to their respective MRT stations and carry fresher 99-year leases, but require a 4-year construction wait. INZ RESIDENCE is available immediately post-MOP for move-in, offers smart-home infrastructure those newer launches cannot yet match, and is priced at a modest discount. The trade-off is INZ's lower walkability score and older lease vintage.