Sun Plaza
Sun Plaza is a 99-year leasehold condominium in District 27 (Sembawang, Yishun), within Singapore's Outside Central Region (OCR). Completed in 2001, the development comprises 76 units, on a lease that commenced in 1996. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
Overview & Key Facts
SUN PLAZA is a 99 yrs lease commencing from 1996 condominium at SEMBAWANG DRIVE in District 27 (OCR), developed by , comprising 76 units, completed in 2001.
Location & Connectivity
SUN PLAZA is approximately 120m from Sembawang MRT station, with 2 stations within 1.5 km.
Schools & Education
11 schools within 2 km (4 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Sembawang Primary School | Primary | 220m |
| Sembawang Secondary School | Secondary | 230m |
| Naval Base Secondary School | Secondary | 950m |
| Naval Base Primary School | Primary | 970m |
| Canberra Primary School | Primary | 1 km |
| Canberra Secondary School | Secondary | 1 km |
| Sir Manasseh Meyer International School | International | 1.4 km |
| Endeavour Primary School | Primary | 1.8 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 3 BR | 6 | $931 psf | $1,101,333 |
| 4 BR | 5 | $814 psf | $1,249,938 |
Market Position
SUN PLAZA has recorded 11 sales at an average price of $1,168,881.
Price Appreciation
| Year | Sales | Avg PSF | Change |
|---|---|---|---|
| 2021 | 4 | $736 psf | — |
| 2022 | 1 | $828 psf | ↑ 12.5% |
| 2023 | 2 | $750 psf | ↓ 9.4% |
| 2025 | 2 | $1,126 psf | ↑ 50.0% |
| 2026 | 2 | $1,068 psf | ↓ 5.1% |
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From the 2025 high, SUN PLAZA prices have given back 5.1% — still 45.1% above the 2021 baseline.
Price Index Check
The ShiokNest Price Index for District 27 reads 131.9 as of June 2026 — up 2.0% 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 |
|---|---|---|---|
| NORTH GAIA | 99 yrs lease commencing from 2021 | $1,312 psf | 615 |
| THE WATERGARDENS AT CANBERRA | 99 yrs lease commencing from 2020 | $1,494 psf | 528 |
| PROVENCE RESIDENCE | 99 yrs lease commencing from 2020 | $1,183 psf | 414 |
| CANBERRA CRESCENT RESIDENCES | 99 yrs lease commencing from 2024 | $1,990 psf | 340 |
| THE VISIONAIRE | 99 yrs lease commencing from 2015 | $1,369 psf | 286 |
Lease Analysis
With 69 years remaining on its 99-year lease, SUN PLAZA still qualifies for full bank financing and CPF usage.
What Could Work Against You
- The remaining lease of roughly 69 years is comfortable today, though long-horizon owners will sell into a progressively lease-sensitive market.
- With just 3 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
- The 76-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.
Best suited for
Who This Actually Suits
This is a strong match for empty nesters / downsizers, mrt-walkable commuters, yield-focused investors and first-time hdb upgraders. Manageable scale and accessibility profile work for buyers right-sizing from a larger home.
young couples (no kids) and families with young children should treat this as a shortlist candidate, not a default choice.
long-term hold (10+ yr) and resort facilities should probably look elsewhere. Tenure and location resilience suit long-horizon ownership.
Verdict
SUN PLAZA is a 99 yrs lease commencing from 1996 development in District 27 (OCR), with 76 units, offering a gross yield of 3.6%.
At ~$1,097 psf, it represents a competitive entry point in the OCR segment.
Explore the full SUN PLAZA dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing SUN PLAZA against staying public? These HDB towns sit within walking or short-drive distance:
FAQ
What is the average PSF for SUN PLAZA?
Is SUN PLAZA freehold?
What is the rental yield for SUN PLAZA?
Which MRT is nearest to SUN PLAZA?
Sources & Next Steps
- SUN PLAZA Dashboard — Live charts and analytics
- URA — Official transaction data
- District 27 (Sembawang, Yishun) — District 27 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: 11 transactions
- Rental data: 56 leases
- Source: URA
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jun 2026 · 11 records analysed · Source: URA private-sale caveats