Nicon Gardens
CHOA CHU KANG ROAD · D23
Median PSF · 12m
S$890
Median price · 12m
S$1.79M
Latest sale
S$1.79M
Jun 2026
1-year change
-4.2%
Sales · 12m
1
7 all time
Gross yield
3.83%
1 leases
Price history
How this development has traded
Median transacted price and price per square foot by quarter, from every sale on record here.
- Change over window
- +35.0%
- Annualised
- +35.0%
- Transactions
- 7
- 1 year
- -4.2%
- 3 years p.a.
- —
- 5 years p.a.
- —
- Median size
- 2,013 sqft
Against the neighbourhood
How it compares within D23
Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang. All figures are medians over the last 12 months for private homes in this district.
| Measure | Nicon Gardens | D23 median | Difference |
|---|---|---|---|
| Median PSF | S$890 | S$1,486 | -40.1% |
| Median price | S$1.79M | S$1.40M | +28.0% |
| Gross rental yield | 3.83% | 3.96% | -0.1 pts |
| 1-year price change | -4.2% | +4.5% | -8.7 pts |
This development trades about 40% below the D23 median price per square foot.
Rental
Rent and yield
From URA private residential rental contracts.
Median monthly rent
S$5,800
Contracts · 12m
1
Implied annual rent
S$70K
Gross yield
3.83%
| Unit type | Contracts | Median rent |
|---|---|---|
| All units | 1 | S$5,800 |
Investment analysis
Investment score 63 / 100
Each component is a percentile rank against every other private development in the database. This is an analytical indicator, not financial advice.
63/100
100% of the scoring weight measurable
Every bar is a percentile rank, so 70 means this development sits above roughly 70% of its peers on that factor. Factors we cannot measure are excluded and the remaining weights are rebalanced, rather than scored as zero.
- Valuationweight 22%95
How its median price per square foot compares with its own district.
- Locationweight 15%93
Distance to the nearest rail station, plus schools within 1 km. Nearest is Phoenix LRT at 110 m.
- Rental yieldweight 20%74
Gross yield against every other development in its segment.
- Liquidityweight 15%56
Transactions in the last 12 months — how easily it trades.
- Supply riskweight 10%35
Upcoming units recorded in the same district. Higher score means less competing supply.
- Price momentumweight 18%9
Three-year annualised change in median PSF, or one year where three is unavailable.
The investment score is an analytical indicator computed from transaction and location data. It is not a recommendation, a forecast, or financial advice.
Location
Nearby amenities
Rail stations
- Phoenix LRT110 m
- Teck Whye LRT440 m
- Bukit Panjang LRT520 m
- Senja LRT760 m
Schools within 2 km
- Chua Chu Kang Secondary Schoolsecondary (s1-s5)650 m
- West View Primary Schoolprimary700 m
- Greenridge Secondary Schoolsecondary (s1-s5)770 m
- Teck Whye Primary Schoolprimary780 m
- Jurong Pioneer Junior Collegejunior college790 m
- West Spring Secondary Schoolsecondary (s1-s5)1.1 km
Distances are straight-line. Proximity does not determine school admission eligibility.
Supply
Upcoming competition
No upcoming supply is recorded nearby. URA pipeline data requires an API key, which is not configured, so this section may be incomplete.
The record
Transactions at this development
| Month | Type | Price | Size | PSF | Floor | Lease left |
|---|---|---|---|---|---|---|
| Jun 2026 | Condominium | S$1,792,000 | 2,013 sqft | S$890 | - | 53 yr 7 mo |
| Dec 2024 | Condominium | S$1,850,000 | 1,991 sqft | S$929 | - | 55 yr 1 mo |
| Nov 2024 | Condominium | S$1,850,000 | 1,991 sqft | S$929 | - | 55 yr 2 mo |
| Oct 2024 | Condominium | S$1,848,800 | 2,013 sqft | S$918 | - | 55 yr 3 mo |
| Jun 2024 | Condominium | S$1,800,000 | 1,991 sqft | S$904 | - | 55 yr 7 mo |
| Nov 2021 | Condominium | S$1,200,000 | 2,013 sqft | S$596 | - | 58 yr 2 mo |
| Oct 2021 | Condominium | S$1,455,000 | 2,013 sqft | S$723 | - | 58 yr 3 mo |
Alternatives
Comparable developments nearby
Within 1.5 km, same segment, with recorded activity in the last 12 months.
Hillsta
S$1,378
+1.2%21 sales4.7% yield
The Arden
S$1,797
—3 sales3.2% yield
Landed Housing Development
S$1,174
—2 sales1.7% yield
Phoenix Heights
S$2,030
+5.9%2 sales1.0% yield
Phoenix Residences
S$1,661
—2 sales4.3% yield
Landed Housing Development
S$1,135
—1 sales
Hillion Residences
S$1,789
-1.4%25 sales3.4% yield
Pavilion Park
S$2,174
-10.0%7 sales
Important
Property values shown are estimates generated from available transaction and market data and are not official valuations. Actual transaction prices may differ. Data availability and accuracy depend on the underlying source datasets. Users should conduct their own due diligence and seek professional advice where appropriate.