Suncottages

D23 (OCR) 999 yrs lease commencing from 1883

Suncottages is a 999-year leasehold condominium located in District 23 (Choa Chu Kang, Dairy Farm, Hillview, Bukit Panjang), part of the Outside Central Region (OCR). The development was completed in 2015 and comprises 23 units, on a lease that commenced in 1883. Sale and rental figures on this page are compiled from URA transaction records.

District 23 · 999 yrs lease commencing from 1883 · Completed 2015
~$1,063Avg PSF (12-month)
23Total units
Category Ratings
Walkability
4.5
Investment
4.2
En-Bloc Potential
3.4
ShiokNest Score
3.0

Overview & Key Facts

SUNCOTTAGES is a 999 yrs lease commencing from 1883 condominium at CASHEW CRESCENT in District 23 (OCR), developed by LUCKY REALTY COMPANY PTE LTD, comprising 23 units, completed in 2015.

Developer
LUCKY REALTY COMPANY PTE LTD
Tenure
999 yrs lease commencing from 1883
Total units
23
TOP year
2015
District
23 — OCR
Street
CASHEW CRESCENT
Lease remaining
~88 years (of 99)

Location & Connectivity

SUNCOTTAGES is approximately 510m from Pending MRT station, with 11 stations within 1.5 km.

MRT stations near SUNCOTTAGES
StationLineDistance
PendingBukit Panjang LRT510m
CashewDowntown Line590m
PetirBukit Panjang LRT710m
BangkitBukit Panjang LRT980m
Bukit PanjangDowntown Line990m
Bukit PanjangBukit Panjang LRT990m

Schools & Education

11 schools within 2 km (1 within 1 km priority zone).

Schools near SUNCOTTAGES
SchoolTypeDistance
Pei Hwa Presbyterian Primary SchoolPrimary740m
Bukit Panjang Government High SchoolSecondary1.1 km
Fajar Secondary SchoolSecondary1.1 km
Springdale Primary SchoolPrimary1.2 km
Bukit Panjang Primary SchoolPrimary1.2 km
Xishan Primary SchoolPrimary1.3 km
Greenridge Secondary SchoolSecondary1.4 km
Zhenghua Primary SchoolPrimary1.7 km

Market Position

SUNCOTTAGES has recorded 5 sales at an average price of $2,988,000.

SUNCOTTAGES sits at the 13th percentile of District 23 condo PSF.
$1,063 psf
Avg PSF (12mo)
$2,988,000
Avg Price
2.9%
Gross Yield
5
Total Sales

Price Appreciation

PSF trend for SUNCOTTAGES
YearSalesAvg PSFYoY
20213$921 psf
20221$1,024 psf↑ 11.2%
20251$1,063 psf↑ 3.8%

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SUNCOTTAGES prices sit at a fresh series high after a 3.8% gain on the prior period, now 15.4% above the 2021 starting level.

Price Index Check

The ShiokNest Price Index for District 23 reads 128.2 as of June 2026 — up 3.6% 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

District 23 competitors
CondoTenureAvg PSFSales
SOL ACRES99 yrs lease commencing from 2014$1,389 psf568
MIDWOOD99 yrs lease commencing from 2018$1,736 psf544
LUMINA GRAND99 yrs lease commencing from 2022$1,515 psf512
DAIRY FARM RESIDENCES99 yrs lease commencing from 2018$1,660 psf458
THE MYST99 yrs lease commencing from 2023$2,093 psf390

Lease Analysis

With 88 years remaining on its 99-year lease, SUNCOTTAGES still qualifies for full bank financing and CPF usage.

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 23 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.

Who This Actually Suits

Buyers most likely to be happy here: car-owning households, p1 school balloting families, sports / active lifestyle and nature / park-fronting. Parking and arterial road access matter more here than walking-distance MRT.

For empty nesters / downsizers and foreign / absd-aware buyers, it can work — but weigh the trade-offs before committing.

It is a weaker fit for yield-focused investors — other options likely serve them better. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.

One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.


Verdict

SUNCOTTAGES is a 999 yrs lease commencing from 1883 development in District 23 (OCR), with 23 units, offering a gross yield of 2.9%.

At ~$1,063 psf, it represents a competitive entry point in the OCR segment.

Explore the full SUNCOTTAGES dashboard for interactive analytics.

HDB Alternatives Nearby

Weighing SUNCOTTAGES against staying public? These HDB towns sit within walking or short-drive distance:

  • Bukit Panjang — 4-room average $581,903 (240m away), an upgrader gap of about $2,400,000
  • Choa Chu Kang — 4-room average $559,427 (1.4 km away), an upgrader gap of about $2,450,000
  • Bukit Batok — 4-room average $626,224 (1.9 km away), an upgrader gap of about $2,350,000

FAQ

What is the average PSF for SUNCOTTAGES?
The 12-month average is approximately $1,063 psf.
Is SUNCOTTAGES freehold?
SUNCOTTAGES has a 999 yrs lease commencing from 1883 tenure with ~88 years remaining.
What is the rental yield for SUNCOTTAGES?
The estimated gross yield is 2.9%.
Which MRT is nearest to SUNCOTTAGES?
The nearest is Pending MRT at 510m.

Sources & Next Steps

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 5 transactions
  • Rental data: 16 leases
  • Source: URA REALIS

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of January 2025

Latest recorded data point: Jan 2025 · 5 records analysed · Source: URA private-sale caveats

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