Michaels' Residences
D23 (OCR)
99 yrs lease commencing from 2012
Michaels' Residences is a 99-year leasehold semi-detached house located in District 23 (Choa Chu Kang, Dairy Farm, Hillview, Bukit Panjang), part of the Outside Central Region (OCR). Completed in 2016, the development comprises 40 units, on a lease that commenced in 2012. Sale and rental figures on this page are compiled from URA transaction records.
Landed SPI
157.2
+1.35% MoM · +8.64% YoY
June 2026
33/100
73/100
57/100
5.7
Total Units40
TOP Year2016
MICHAELS' RESIDENCES
Total Units40
TOP Year2016
DeveloperB+M AVENUE PTE LTD
Tenure99 yrs lease commencing from 2012
DistrictD23 · OCR
5.7
ShiokNest Score
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.