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NICON GARDENS

District 23 | CHOA CHU KANG ROAD

Developed by Pidemco Land Ltd

Tenure
99-year Leasehold
Est. TOP
1981
Total units
47
Unit mix
On request
Request viewingCompare projects
Units & pricesPrice psfProject factsLocationTransactionsFAQs

Unit mix

Unit mix will be updated when the developer releases it.

Price range

Median transactedFrom $1.46M
Projects›NICON GARDENS

Projects analysis

NICON GARDENS

D23 · CHOA CHU KANG ROAD

OverviewPrice psfUnit mixLaunch timelineComparablesKai insightLocationTransactions

Median price

S$723 psf

+28.5% vs last 6m

Avg. price

S$774 psf

Volume (6m)

4 units

Take-up rate

19%

Units sold

9 / 47

Price psf trend

Latest project transactions

+28.5%
$929$763$596Oct 2021Dec 2024

Unit mix

No data

No unit mix data available.

Launch timeline

First recordDec 2019
Latest saleDec 2024
Completion1981
Tenure99-year Leasehold

Comparable projects

ALTURAD23PrivateBAMBOO GROVE PARKD23PrivateBAMBOO GROVE PARKD23PrivateBAMBOO GROVE PARKD23Private

Kai insight

Positive

NICON GARDENS shows positive PSF movement of 28.5% across the available transaction window, with 9 recorded sales. Average pricing is S$774 psf.

Active resale dataTransit accessDistrict context
View all Kai analysis

Project facts

Address
CHOA CHU KANG ROAD
Tenure
99-year Leasehold
Completion
1981
Total units
47
Developer
Pidemco Land Ltd

Site plan

Site plan details are available on request.

Facilities

Facilities will be updated when the developer publishes them.

Location amenities

Transport

5

PHOENIX LRT STATION

0.23 km · 3 min walk

BUKIT PANJANG MRT STATION

0.53 km · 6 min walk

TECK WHYE LRT STATION

0.58 km · 7 min walk

BUKIT PANJANG MRT STATION

0.62 km · 7 min walk

Education

20

WEST VIEW PRIMARY SCHOOL

PRIMARY · 0.80 km away

TECK WHYE PRIMARY SCHOOL

PRIMARY · 0.89 km away

JURONG PIONEER JUNIOR COLLEGE

JUNIOR COLLEGE · 0.92 km away

ZHENGHUA SECONDARY SCHOOL

SECONDARY · 0.95 km away

Convenience

10

SHENG SIONG SUPERMARKET

0.45 km away · SHENG SIONG SUPERMARKET PTE LTD

SHENG SIONG SUPERMARKET

0.46 km away · SHENG SIONG SUPERMARKET PTE LTD

FAIRPRICE

0.57 km away · NTUC FAIRPRICE CO-OPERATIVE LTD

FAIRPRICE

0.63 km away · NTUC FAIRPRICE CO-OPERATIVE LTD

Buyer costs

Median price

$1,455,000

Based on project transactions

Buyer's Stamp Duty

$42,800

Before ABSD profile changes

Down payment

$363,750

25% estimate

Monthly payment

$5,463/mo

25-year loan at 3.5%

Median rent

No rental data

Based on active rentals

Gross yield

Insufficient data

Annual rent over median price

Recent transactions

20 transaction records

Sales (9)

Dec 2024

Condominium · CHOA CHU KANG ROAD · -

$1,850,000 · $929 psf

Nov 2024

Condominium · CHOA CHU KANG ROAD · -

$1,850,000 · $929 psf

Oct 2024

Condominium · CHOA CHU KANG ROAD · -

$1,848,800 · $918 psf

Jun 2024

Condominium · CHOA CHU KANG ROAD · -

$1,800,000 · $904 psf

Nov 2021

Condominium · CHOA CHU KANG ROAD · -

$1,200,000 · $596 psf

Oct 2021

Condominium · CHOA CHU KANG ROAD · -

$1,455,000 · $723 psf

Jun 2020

Condominium · CHOA CHU KANG ROAD · -

$1,280,000 · $643 psf

Mar 2020

Condominium · CHOA CHU KANG ROAD · -

$1,350,000 · $671 psf

Rentals (11)

Feb 2026

Non-landed Properties · CHOA CHU KANG ROAD

$5,800/mo · 1500-1600

Sept 2025

Terrace House · CHOA CHU KANG ROAD

$6,000/mo · 1500-2000

Oct 2023

Non-landed Properties · CHOA CHU KANG ROAD

$5,200/mo · 1600-1700

Jun 2023

Non-landed Properties · CHOA CHU KANG ROAD

$5,800/mo · 1600-1700

Dec 2022

Non-landed Properties · CHOA CHU KANG ROAD

$3,500/mo · 1900-2000

Sept 2022

Non-landed Properties · CHOA CHU KANG ROAD

$3,000/mo · 1900-2000

Feb 2022

Non-landed Properties · CHOA CHU KANG ROAD

$2,650/mo · 1900-2000

Sept 2021

Non-landed Properties · CHOA CHU KANG ROAD

$2,900/mo · 1900-2000

Market review

NICON GARDENS is a 99-year leasehold condominium located in District 23, with its lease tenure commencing from 1981. The development features a median price of $1,455,000 and a price range spanning from $596 to $929 per square foot.

AI-generated analysis based on available market data. Last updated May 2026.

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 2024, the development has approximately 56 years of remaining lease.

What are the most recent transaction prices at NICON GARDENS?

In December and November 2024, two units of 1,991 square feet were transacted at $1,850,000 each. In October 2024, a slightly larger 2,013 square foot unit was sold for $1,848,800.

What is the current median price per square foot (PSF)?

The median PSF for the development is $722.856. Recent transactions in 2024 have consistently achieved higher figures between $904 and $929 per square foot.

How many units have been transacted recently?

There have been a total of 9 transactions recorded for this project. Four of these transactions occurred between June and December 2024, indicating recent market activity.

What are the typical unit sizes available in this development?

Recent transaction data identifies two primary unit sizes: 1,991 square feet and 2,013 square feet. These sizes are uniform across the five most recent sales recorded between 2021 and 2024.

How does the 2024 pricing compare to previous years?

Pricing has shifted from $596 per square foot in late 2021 to a peak of $929 per square foot in late 2024. This indicates that the entry price for a 2,013 square foot unit has moved from $1,200,000 to over $1,848,000.