This is the definitive guide to Chelsea Grove for sale at 2 Martaban Road in Singapore's District 12. Homejourney provides verified listings, transparent market data, and expert insights to help you buy with confidence in this exclusive freehold development.[1][2]
Whether you're a first-time buyer, investor eyeing D12 properties, or upgrader seeking Toa Payoh/Balestier lifestyle, explore available units, prices, financing, and investment potential here. All information prioritizes user safety through verified data and Homejourney's trusted platform.
Table of Contents
- 1. Property Overview
- 2. Available Units for Sale
- 3. Why Buy at Chelsea Grove
- 4. Price Analysis for Buyers
- 5. Location Advantages
- 6. Financing Guide for Buyers
- 7. Buying Process
- 8. Investment Potential
- 9. FAQ
1. Property Overview
Chelsea Grove is a boutique freehold apartment at 2 Martaban Road, District 12, completed in 2007 by Myriad Forte Construction Pte Ltd. With just 23 exclusive units across 2 blocks and 8 storeys, it offers unmatched privacy and low density—ideal for families and professionals seeking peaceful living amid urban convenience.[1][2][7]
Buyers love its freehold tenure, rarity in D12, and proximity to Balestier and Toa Payoh hubs. Units range from spacious 2-bedroom (947-1,970 sqft) to rare 3-bedroom (3,444 sqft) layouts, perfect for Singapore condo for sale seekers. Homejourney verifies all listings for transparency.
Developer Myriad Forte, established in 2003, has a solid track record including Sophia Lodge. Current market positions Chelsea Grove as a value play: average prices S$1.06M-S$2.05M, PSF S$670-S$1,259.[1] See detailed price trends and transaction history.
Key Facts Table
| Attribute | Details |
|---|---|
| Tenure | Freehold[1][2] |
| Units | 23 (2 blocks, 8 storeys)[2] |
| Unit Types | 2BR (947-1,970 sqft), 3BR (3,444 sqft)[1] |
| Completion | 2007[7] |
| District | 12 (Balestier/Toa Payoh)[1] |
2. Available Units for Sale
Chelsea Grove offers limited available units due to its exclusivity. Popular 2-bedroom units (900-1,000 sqft) dominate resales, with recent sales at S$1.45M-S$1.6M (PSF S$803-S$1,566).[5] Larger units up to 1,970 sqft appeal to families.
Expect 2BR prices S$1.4M-S$1.8M, 3BR S$2M+ in 2026 market. Homejourney lists verified Chelsea Grove for sale options—browse now for real-time availability. Insider tip: Mid-floor units (#05-#06) with greenery views rent fastest.
View all units for sale at Chelsea Grove on Homejourney's secure platform.
Recent Sales Snapshot (2023-2025)
| Unit | Price | PSF | Size (sqft) | Date |
|---|---|---|---|---|
| #05-XX | S$1.454M | S$1,484 | 980 | Apr 2025[5] |
| #08-XX | S$1.6M | S$803 | 1,993 | Jun 2024[5] |
| #06-XX | S$1.5M | S$1,566 | 958 | Jul 2023[5] |
Disclaimer: Prices fluctuate; check Homejourney for latest verified listings.[8]
3. Why Buy at Chelsea Grove
Chelsea Grove stands out for its exclusivity (23 units only), freehold status, and Martaban Road location blending quiet residential vibes with Balestier buzz. Residents enjoy covered parking, air-conned units, and city/greenery views—perfect for buy condo in D12.[1][9]
Lifestyle perks include low traffic, insulated living, and easy access to wet markets/shops. Investors note strong rental demand (S$3.9k-S$4.3k/mo for 2BR).[5] Homejourney ensures safe transactions with verified agents.
- Privacy: Few units mean minimal foot traffic.
- Freehold Value: No lease decay, ideal for legacy wealth.
- Flexibility: 11 floor plans suit diverse needs.[2]
- Maintenance Ease: Post-purchase, explore Homejourney aircon services for upkeep.
4. Price Analysis for Buyers
In 2026, Chelsea Grove PSF averages S$1,000-S$1,500, up from historical S$670-S$1,259 due to D12 demand.[1][5] Recent sales show 2BR at S$1.45M-S$1.6M, outperforming nearby like Trevista/Domus (similar vintage).[1]
Appreciation: 5-7% annually since 2023, driven by freehold scarcity. Compare to D12 median PSF S$1,800+ for newer condos—Chelsea Grove offers value. Detailed trends on Homejourney.
Original Insight: Units under 1,000 sqft yield best entry for first-timers; larger ones for investors chasing yields.
Price Comparison Table (D12 Peers)
| Development | Avg PSF (2026 Est.) | Tenure |
|---|---|---|
| Chelsea Grove | S$1,200 | Freehold[1] |
| Trevista | S$1,400 | 99-yr[1] |
| Domus | S$1,350 | Freehold[1] |
5. Location Advantages
Prime Martaban Road spot: 1.2km (15-min walk) to NS20 Novena MRT, near Toa Payoh/Boon Keng stations.[1] Balestier amenities—wet market, supermarkets, clinics—within 5-min walk.
Schools: Nearby Pei Chun Public School (primary), CHIJ secondary; international options in Novena. Parks: Balestier Hillier Park (10-min walk). URA plans enhance D12 connectivity.[1][2]
- MRT: Novena (15 mins), Toa Payoh (12 mins).
- Shopping: Velocity@Novena, Balestier Plaza.
- Insider Tip: Local kopitiam on Martaban for authentic Hainanese chicken rice—5-min stroll.
Read more on D12 lifestyle in related guides like Central Imperial Nearby Amenities & Lifestyle Guide | Homejourney ">nearby amenities insights.
6. Financing Guide for Buyers
For a S$1.5M 2BR: 25% downpayment (S$375k), loan S$1.125M at 3% (30-yr) = ~S$4,750/mo. CPF usable for downpayment/interest. ABSD: 0% Singaporean first-timer, 17% foreigner.[8]
Use Homejourney mortgage calculator for personalized estimates. Link to Bank Rates ">latest bank rates.
Monthly Payment Estimates
| Unit Price | Downpayment (25%) | Monthly (3%, 30yr) |
|---|---|---|
| S$1.5M | S$375k | S$4,750 |
| S$2M | S$500k | S$6,300 |
7. Buying Process
1. Search verified listings on Homejourney. 2. View unit (Schedule with agent). 3. Option to Purchase (1% fee). 4. Pay downpayment, secure loan. 5. Legal completion (8-12 weeks). Documents: NRIC, income proof, CPF statements.
- Verify via Homejourney property search.
- Exercise Option (S$1k-S$2k).
- Soldier Stamp Duty within 14 days.
- Handover post-CSC.
Homejourney prioritizes safety—agents vetted for trust.
8. Investment Potential
Rental yields 3-4% (2BR S$4k/mo on S$1.5M).[5] Capital growth 6% p.a. outlook with D12 uplift. Tenant demand high from Novena professionals. Future: LTA enhancements boost accessibility.
Compare to 1953 Investment Returns: Rental Yield Analysis | Homejourney ">similar D12 yields. Strong for property investment.
9. FAQ
What is the price range for Chelsea Grove for sale?
S$1.06M-S$2.05M, PSF S$670-S$1,259. Check Homejourney for current units.[1]
Is Chelsea Grove freehold?
Yes, freehold tenure since 2007.[2]
Nearest MRT to Chelsea Grove?
Novena MRT, 1.2km (15 mins walk).[1]
What unit sizes are available?
2BR 947-1,970 sqft, 3BR 3,444 sqft.[1]
How to finance Chelsea Grove purchase?
Use Homejourney calculator; CPF eligible.[8]
Rental yield at Chelsea Grove?
3-4% for 2BR (S$4k/mo).[5]
Ready to buy? Browse Chelsea Grove for sale, calculate affordability at bank-rates, or contact an agent. Homejourney ensures a safe, trusted journey from search to keys.
