Picardy Gardens
Picardy Gardens is a freehold condominium located in District 16 (Bedok, Upper East Coast, Eastwood, Kew Drive), part of the Outside Central Region (OCR). The development comprises 17 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Over the 12 months to Jan 2026, Picardy Gardens recorded 3 resale transactions at a median $1,499 psf (median price $2,388,000), and 6 rental contracts at a median $5,075/mo, a gross rental yield of 2.6%. Source: URA caveat data, as of Jan 2026.
Picardy Gardens's median of $1,499 psf over the trailing 12 months places its pricing above roughly 61% of District 16 condos; resale liquidity has been limited with 3 caveats lodged; the 2.6% 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 |
|---|---|---|---|---|---|
| Jan-26 | $1,750,000 | $1,344 psf | 1,302 sqft | 01 to 05 | 3BR |
| Oct-25 | $2,388,000 | $1,499 psf | 1,593 sqft | 01 to 05 | 4BR |
| Aug-25 | $4,250,000 | $1,840 psf | 2,310 sqft | - | 5BR |
| Nov-24 | $7,000,000 | $1,690 psf | 4,143 sqft | - | 5BR |
| Mar-24 | $6,500,000 | $1,830 psf | 3,552 sqft | - | 5BR |
| Jan-24 | $3,940,000 | $1,706 psf | 2,310 sqft | - | 5BR |
| Jun-23 | $3,888,888 | $1,684 psf | 2,310 sqft | - | 5BR |
| Feb-23 | $5,400,000 | $1,366 psf | 3,954 sqft | - | 5BR |
Can I afford Picardy Gardens?
Get the monthly repayment, total interest and cash flow based on this project’s median price of $2,388,000.
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.