Oei Tiong Ham Park Price Trends and Market Analysis

Oei Tiong Ham Park in District 10's Jalan Pelangi offers premium freehold Good Class Bungalows (GCBs) with recent sale prices ranging from S$17 million to S$35.5 million at S$2,071 to S$4,654 psf, showing steady appreciation in this elite Tanglin-Holland enclave.

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Property Overview: Why Oei Tiong Ham Park Stands Out

Oei Tiong Ham Park is a prestigious freehold Good Class Bungalow (GCB) development along Jalan Pelangi, featuring around 50 detached units on land plots from 8,000 to 25,000 sqft.

Buyers appreciate its serene, leafy setting in prime D10, blending luxury living with proximity to Holland Village's vibrant amenities. Units typically offer 3-6 bedrooms, with spacious layouts ideal for families or investors.

Recent transactions highlight its enduring appeal, with prices reflecting strong demand from high-net-worth individuals and expats[2][3][5].

At Homejourney, we prioritize verified data to help you make confident decisions in this competitive market.

Available Units for Sale at Oei Tiong Ham Park

Current listings feature Good Class Bungalows in 3-6 bedroom configurations, with built-up areas from 4,000 to over 9,000 sqft. Expect price ranges of S$14M to S$36M, or S$2,000+ psf, depending on plot size and condition[3][5][6].

Popular Types: 4-5 bedroom detached homes (5,000-9,000 sqft), averaging S$20M-S$25M.
Recent Comps: Blk 40 sold for S$23M at S$2,120 psf (Sep 2024); Blk 18 at S$8.4M (Nov 2024)[4].
Larger plots like 14,982 sqft land at S$2,656 psf show premium pricing for expansive GCBs[6].

Action Step: View all units for sale at Oei Tiong Ham Park on Homejourney's trusted search platform.

Oei Tiong Ham Park Price Trends: What Buyers Need to Know

Over the last 12 months, average PSF hit S$2,097, up from historical lows, with peaks at S$2,613 psf in 2023 for an 8,726 sqft unit[2][9]. Sales like S$23M (Sep 2024) indicate resilience amid market cooling measures[4][8].

Compared to nearby D10 GCBs, Oei Tiong Ham Park trades at a premium due to its established freehold status and low-density appeal. Historical data shows 20-30% appreciation since 2021, outperforming broader landed segments[4].

Disclaimer: Prices fluctuate; consult URA for latest transactions. Homejourney provides real-time trends via our project analysis page.

Why Buy at Oei Tiong Ham Park: Key Selling Points

Luxury Lifestyle: Expansive gardens, private pools, and customizable layouts for ultimate privacy.
Investment Edge: Freehold tenure ensures long-term value; rental yields 2-3% from S$15K-S$28K/month for 3-4 bed units[1][5].
Exclusivity: Gated enclave vibe in Tanglin, perfect for upgraders or expat families.

Insider Tip: Units here offer better plot ratios than newer D10 launches, providing more outdoor space—a rarity locals cherish.

Prime Location Advantages in Jalan Pelangi, D10

Situated off Holland Road, it's a 10-min walk to Farrer Road MRT (Circle Line, Exit A) and 1.2km to Holland Village MRT.

Top schools include Nanyang Primary (1.5km), Raffles Girls' Primary (2km), and international options like United World College (3km). Daily needs? Tanglin Market & Food Centre (800m) and Cold Storage Holland (1km).

Botanic Gardens (2km) and Dempsey Hill dining add recreational appeal. D10's prestige drives tenant demand from embassy families[7].

Explore more via Homejourney's projects directory.

Financing Guide for Oei Tiong Ham Park Buyers

For a S$23M GCB:

Downpayment: 25% (S$5.75M) for Singaporean PRs; higher for foreigners.
ABSD: 0% first-timers, 20% second property, 60% foreigners (post-2023 rules).
Monthly (S$17.25M loan, 2.5% rate, 25yrs): ~S$80K, using CPF Ordinary Account.

Pro Tip: Leverage Homejourney's mortgage calculator for personalized estimates. Link to Bank Rates for latest rates.

Step-by-Step Buying Process

Search & Shortlist: Use Homejourney to filter verified Oei Tiong Ham Park for sale listings.
View & Offer: Schedule via Homejourney agents; prepare Option to Purchase (S$1K-S$10K).
Due Diligence: Check URA caveats, title deed; engage lawyer.
Finance & Close: 8-12 weeks; pay stamp duties.

Homejourney ensures safe transactions with verified agents.

Investment Potential and Market Outlook

Rental demand remains robust at S$15K-S$28K/month, yielding 2.5%+ for investors[1][5]. Capital growth projected 4-6% annually, fueled by D10 scarcity and THP's freehold status.

Nearby infrastructure like Greater Southern Waterfront enhances long-term value. Read our related guide: Oei Tiong Ham Park For Sale: D10 GCB Units & Prices | Homejourney .

Post-purchase, maintain with Aircon Services for peak performance.

FAQ: Oei Tiong Ham Park Price Trends and Buying

What are current Oei Tiong Ham Park prices?
Sales range S$17M-S$35.5M (S$2,071-S$4,654 psf); check Homejourney for live listings[5].

Is Oei Tiong Ham Park a good investment?
Yes, with steady PSF growth to S$2,097 avg and high rental demand in D10[2].

How to buy a condo or GCB in Jalan Pelangi?
Browse Singapore condo for sale equivalents on Homejourney; focus on verified D10 properties.

What schools are near Oei Tiong Ham Park?
Nanyang Primary (1.5km), Hwa Chong Institution (2.5km).

ABSD for foreigners buying here?
60% on residential properties; use Homejourney tools to calculate.

Ready to invest? Browse available units, review price trends, or contact an agent today. Homejourney safeguards your property journey with trust and verification.