The Tropic Gardens
Located in District 16 (Bedok, Upper East Coast, Eastwood, Kew Drive), The Tropic Gardens is a freehold condominium in the Outside Central Region (OCR). The development was completed in 1995 and comprises 36 units. Sale and rental figures on this page are compiled from URA transaction records.
THE TROPIC GARDENS
Over the 12 months to Aug 2024, The Tropic Gardens recorded 6 rental contracts at a median $3,950/mo. Source: URA caveat data, as of Aug 2024.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Aug-24 | $2,588,000 | $1,670 psf | 1,550 sqft | 01 to 05 | 4BR |
| Aug-24 | $1,888,888 | $1,513 psf | 1,249 sqft | 01 to 05 | 3BR |
| May-24 | $1,780,000 | $1,426 psf | 1,249 sqft | 01 to 05 | 3BR |
| Jul-23 | $1,550,000 | $1,241 psf | 1,249 sqft | 01 to 05 | 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.