NICON GARDENS
District 23 · CHOA CHU KANG ROAD
Overview
NICON GARDENS is a 99-year leasehold condominium in District 23, Singapore, completed in 1981 with 47 units. The average transacted price is $774/sqft based on 9 recorded transactions. Nearby MRT: PHOENIX LRT STATION, BUKIT PANJANG MRT STATION, TECK WHYE LRT STATION.
Price Trends
NICON GARDENS
Property Summary
Nearby Transport
- PHOENIX LRT STATIONExit A0.23 km • 3 min walk
- BUKIT PANJANG MRT STATIONExit B0.53 km • 6 min walk
- TECK WHYE LRT STATIONExit A0.58 km • 7 min walk
- BUKIT PANJANG LRT STATIONExit C0.68 km • 8 min walk
Nearby Transport
Nearby Transport
- PHOENIX LRT STATIONExit A0.23 km • 3 min walk
- BUKIT PANJANG MRT STATIONExit B0.53 km • 6 min walk
- TECK WHYE LRT STATIONExit A0.58 km • 7 min walk
- BUKIT PANJANG LRT STATIONExit C0.68 km • 8 min walk
Nearby Schools
Nearby Schools
- WEST VIEW PRIMARY SCHOOLPRIMARY0.80 km away
- TECK WHYE PRIMARY SCHOOLPRIMARY0.89 km away
- JURONG PIONEER JUNIOR COLLEGEJUNIOR COLLEGE0.92 km away
- ZHENGHUA SECONDARY SCHOOLSECONDARY0.95 km away
- CHUA CHU KANG SECONDARY SCHOOLSECONDARY0.97 km away
Nearby Supermarkets
Nearby Supermarkets
- SHENG SIONG SUPERMARKET0.68 km away•SHENG SIONG SUPERMARKET PTE LTD
- FAIRPRICE0.85 km away•NTUC FAIRPRICE CO-OPERATIVE LTD
- The Seafood Market Place by Song Fish1.17 km away•SONG FISH DEALER PTE LTD
- REDMAN BY PHOON HUAT1.17 km away•PHOON HUAT PTE. LTD.
- PRIME SUPERMARKET1.19 km away•PRIME SUPERMARKET (1996) PTE LTD
Property Analysis
AI-generated analysis based on available market data. Last updated 1 April 2026. This content is for informational purposes only and should not be considered financial advice.
Financial Breakdown
Estimated costs based on median transaction price
Eligibility Check
Estimate stamp duty based on your buyer profile
Neighbourhood Amenities
Transport
4- PHOENIX LRT STATION
- BUKIT PANJANG MRT STATION
- TECK WHYE LRT STATION
- +1 more nearby
Education
20- WEST VIEW PRIMARY SCHOOL
- TECK WHYE PRIMARY SCHOOL
- JURONG PIONEER JUNIOR COLLEGE
- +17 more nearby
Convenience
10- SHENG SIONG SUPERMARKET
- SHENG SIONG SUPERMARKET
- FAIRPRICE
- +7 more nearby
Rental Yield
Insufficient data to calculate rental yield. Sale or rental transaction data is not yet available for this property.
Recent Transactions
(9 of 9)| Date | Project Name | Address | Size (sqm) | Price | PSF | Floor | Type | Segment | District | Tenure |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024-12 | NICON GARDENS | CHOA CHU KANG ROAD | 185 sqm (1991 sqft) | $1,850,000 | $929/sqft | - | Condominium | OCR | 23 | 99 yrs lease commencing from 1981 (54 yrs remaining) |
| 2024-11 | NICON GARDENS | CHOA CHU KANG ROAD | 185 sqm (1991 sqft) | $1,850,000 | $929/sqft | - | Condominium | OCR | 23 | 99 yrs lease commencing from 1981 (54 yrs remaining) |
| 2024-10 | NICON GARDENS | CHOA CHU KANG ROAD | 187 sqm (2013 sqft) | $1,848,800 | $918/sqft | - | Condominium | OCR | 23 | 99 yrs lease commencing from 1981 (54 yrs remaining) |
| 2024-06 | NICON GARDENS | CHOA CHU KANG ROAD | 185 sqm (1991 sqft) | $1,800,000 | $904/sqft | - | Condominium | OCR | 23 | 99 yrs lease commencing from 1981 (54 yrs remaining) |
| 2021-11 | NICON GARDENS | CHOA CHU KANG ROAD | 187 sqm (2013 sqft) | $1,200,000 | $596/sqft | - | Condominium | OCR | 23 | 99 yrs lease commencing from 1981 (54 yrs remaining) |
| 2021-10 | NICON GARDENS | CHOA CHU KANG ROAD | 187 sqm (2013 sqft) | $1,455,000 | $723/sqft | - | Condominium | OCR | 23 | 99 yrs lease commencing from 1981 (54 yrs remaining) |
| 2020-06 | NICON GARDENS | CHOA CHU KANG ROAD | 185 sqm (1991 sqft) | $1,280,000 | $643/sqft | - | Condominium | OCR | 23 | 99 yrs lease commencing from 1981 (54 yrs remaining) |
| 2020-03 | NICON GARDENS | CHOA CHU KANG ROAD | 187 sqm (2013 sqft) | $1,350,000 | $671/sqft | - | Condominium | OCR | 23 | 99 yrs lease commencing from 1981 (54 yrs remaining) |
| 2019-12 | NICON GARDENS | CHOA CHU KANG ROAD | 187 sqm (2013 sqft) | $1,310,000 | $651/sqft | - | Condominium | OCR | 23 | 99 yrs lease commencing from 1981 (54 yrs remaining) |
Market Statistics
Frequently Asked Questions
What is the tenure and age of NICON GARDENS?
NICON GARDENS is a 99-year leasehold property with the lease starting from 1981. As of 2025, the remaining lease is approximately 55 years.
What are the typical unit sizes found in recent transactions?
Recent transactions recorded in 2024 show unit sizes of 1,991 sqft and 2,013 sqft. These dimensions are larger than the average modern condominium unit in Singapore.
How much has the price per square foot increased recently?
The price per square foot has increased from $596 psf in November 2021 to $929 psf in December 2024. This represents a growth of approximately 55.8% over that three-year period.
What is the current median price for a unit at NICON GARDENS?
The median price for the development is $1,455,000 based on the 9 recorded transactions. However, the four most recent sales in 2024 have all been at or above $1,800,000.
How many transactions have been recorded for this project?
There have been a total of 9 transactions recorded for NICON GARDENS. A majority of the recent high-value transactions occurred between June and December 2024.
What is the price range for units sold in late 2024?
Between October and December 2024, units were sold in a narrow range between $1,848,800 and $1,850,000. During this period, the psf remained consistent between $918 and $929.
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