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.
Overview & Key Facts
SHAN GATE APARTMENTS is a freehold condominium at SHAN ROAD in District 12 (RCR), developed by , comprising 27 units.
Location & Connectivity
SHAN GATE APARTMENTS is approximately 700m from Novena MRT station, with 3 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Novena | North-South Line | 700m |
| Toa Payoh | North-South Line | 760m |
| Mount Pleasant | Thomson-East Coast Line | 1.3 km |
Schools & Education
24 schools within 2 km (4 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| CHIJ Our Lady Queen of Peace | Primary | 820m |
| Beatty Secondary School | Secondary | 820m |
| CHIJ Secondary (Toa Payoh) | Secondary | 950m |
| School of Science and Technology | JC | 990m |
| Saint Joseph's Institution International | International | 1.1 km |
| New Town Primary School | Primary | 1.1 km |
| St. Joseph's Institution | Secondary | 1.2 km |
| Balestier Hill Primary School | Primary | 1.3 km |
Market Position
SHAN GATE APARTMENTS has recorded 2 sales at an average price of $1,695,000.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2023 | 1 | $1,354 psf | — |
| 2024 | 1 | $1,362 psf | ↑ 0.6% |
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Price Index Check
The ShiokNest Price Index for District 12 reads 147.7 as of June 2026 — up 14.3% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
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Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| THE ORIE | 99 yrs lease commencing from 2024 | $2,730 psf | 741 |
| EIGHT RIVERSUITES | 99 yrs lease commencing from 2011 | $1,649 psf | 312 |
| GEM RESIDENCES | 99 yrs lease commencing from 2015 | $1,845 psf | 202 |
| TREVISTA | 99 yrs lease commencing from 2008 | $1,711 psf | 150 |
| VERTICUS | Freehold | $2,127 psf | 131 |
What Could Work Against You
- Only 0 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
- At 27 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
Best suited for
Who This Actually Suits
This is a strong match for families with young children, car-owning households, long-term hold (10+ yr) and freehold / generational hold. Family-suitable layout and RCR (Rest of Central Region) location with established school catchments nearby.
For mrt-walkable commuters, it can work — but weigh the trade-offs before committing.
It is a weaker fit for yield-focused investors and resort facilities — other options likely serve them better. RCR (Rest of Central Region) location with rental demand profile worth running through our Rental Yield Calculator.
Verdict
SHAN GATE APARTMENTS is a freehold development in District 12 (RCR), with 27 units, offering a gross yield of 2.5%.
Explore the full SHAN GATE APARTMENTS dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing SHAN GATE APARTMENTS against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (320m away), an upgrader gap of about $800,000
- Toa Payoh — 4-room average $929,793 (530m away), an upgrader gap of about $750,000
- Central Area — 4-room average $1,088,814 (2 km away), an upgrader gap of about $600,000
FAQ
What is the average PSF for SHAN GATE APARTMENTS?
Is SHAN GATE APARTMENTS freehold?
What is the rental yield for SHAN GATE APARTMENTS?
Which MRT is nearest to SHAN GATE APARTMENTS?
Sources & Next Steps
- SHAN GATE APARTMENTS Dashboard — Live charts and analytics
- URA — Official transaction data
- District 12 (Toa Payoh, Serangoon, Balestier) — District 12 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 2 transactions
- Rental data: 20 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: May 2024 · 2 records analysed · Source: URA private-sale caveats