Phoenix Residences
Located in District 23 (Choa Chu Kang, Dairy Farm, Hillview, Bukit Panjang), Phoenix Residences is a 99-year leasehold condominium in the Outside Central Region (OCR). Completed in 2021, the development comprises 74 units, on a lease that commenced in 2019. Sale and rental figures on this page are compiled from URA transaction records.
PHOENIX RESIDENCES
Over the 12 months to Jun 2026, Phoenix Residences recorded 4 resale transactions at a median $1,803 psf (median price $1,665,000), and 13 rental contracts at a median $3,400/mo, a gross rental yield of 2.5%. Source: URA caveat data, as of Jun 2026.
Phoenix Residences's median of $1,803 psf over the trailing 12 months places its pricing above roughly 80% of District 23 condos; resale liquidity has been limited with 4 caveats lodged; the 2.5% gross rental yield sits below the ~3% private-market benchmark. Figures reflect URA-registered resale caveats and exclude new-launch sales; weigh unit-specific factors — floor, facing and remaining lease — against this project-level average.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Jun-26 | $1,380,000 | $1,603 psf | 861 sqft | 01 to 05 | 2BR |
| Dec-25 | $2,350,000 | $1,719 psf | 1,367 sqft | 01 to 05 | 4BR |
| Sep-25 | $1,950,000 | $1,887 psf | 1,033 sqft | 01 to 05 | 3BR |
| Aug-25 | $1,155,000 | $1,916 psf | 603 sqft | 01 to 05 | 1BR |
| Oct-23 | $1,292,820 | $1,741 psf | 743 sqft | 01 to 05 | 2BR |
| Aug-22 | $1,630,636 | $1,578 psf | 1,033 sqft | 01 to 05 | 3BR |
| Aug-22 | $1,198,179 | $1,661 psf | 721 sqft | 01 to 05 | 2BR |
| Aug-22 | $1,228,272 | $1,654 psf | 743 sqft | 01 to 05 | 2BR |
Can I afford Phoenix Residences?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $1,665,000.
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.