Shan Gate Apartments
Shan Gate Apartments is a freehold condominium located in District 12 (Toa Payoh, Serangoon, Balestier), part of the Rest of Central Region (RCR). The development comprises 27 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Over the 12 months to May 2024, Shan Gate Apartments recorded 3 rental contracts at a median $3,100/mo. Source: URA caveat data, as of May 2024.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| May-24 | $1,700,000 | $1,362 psf | 1,249 sqft | 06 to 10 | 3BR |
| Oct-23 | $1,690,000 | $1,354 psf | 1,249 sqft | 06 to 10 | 3BR |
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.