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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

Price Data (SGD)
Developer:Pidemco Land Ltd

NICON GARDENS

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Property Summary

Location
61G Choa Chu Kang Road, Singapore 689395, District 23
Tenure
99-year leasehold from 21/10/1981
Units
47 units
Completion
1984
Developer
Pidemco Land Ltd (Choa Chu Kang Land Ltd)
Floors/Blocks
47 blocks
Site Area
15,290 sqm
Information is subject to change and should be verified independently.
Available in multiple languages

Nearby Transport

  • PHOENIX LRT STATION
    Exit A0.23 km • 3 min walk
  • BUKIT PANJANG MRT STATION
    Exit B0.53 km • 6 min walk
  • TECK WHYE LRT STATION
    Exit A0.58 km • 7 min walk
  • BUKIT PANJANG LRT STATION
    Exit C0.68 km • 8 min walk

Nearby Transport

Nearby Transport

  • PHOENIX LRT STATION
    Exit A0.23 km • 3 min walk
  • BUKIT PANJANG MRT STATION
    Exit B0.53 km • 6 min walk
  • TECK WHYE LRT STATION
    Exit A0.58 km • 7 min walk
  • BUKIT PANJANG LRT STATION
    Exit C0.68 km • 8 min walk

Nearby Schools

Nearby Schools

  • WEST VIEW PRIMARY SCHOOL
    PRIMARY0.80 km away
  • TECK WHYE PRIMARY SCHOOL
    PRIMARY0.89 km away
  • JURONG PIONEER JUNIOR COLLEGE
    JUNIOR COLLEGE0.92 km away
  • ZHENGHUA SECONDARY SCHOOL
    SECONDARY0.95 km away
  • CHUA CHU KANG SECONDARY SCHOOL
    SECONDARY0.97 km away

Nearby Supermarkets

Nearby Supermarkets

  • SHENG SIONG SUPERMARKET
    0.68 km away•SHENG SIONG SUPERMARKET PTE LTD
  • FAIRPRICE
    0.85 km away•NTUC FAIRPRICE CO-OPERATIVE LTD
  • The Seafood Market Place by Song Fish
    1.17 km away•SONG FISH DEALER PTE LTD
  • REDMAN BY PHOON HUAT
    1.17 km away•PHOON HUAT PTE. LTD.
  • PRIME SUPERMARKET
    1.19 km away•PRIME SUPERMARKET (1996) PTE LTD

Eligibility Check

Estimate stamp duty based on your buyer profile

Stamp duty data is currently unavailable for this property.

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

Estimated gross yield for investors

Gross Yield
5.2%
Attractive
Monthly Rent
$6,300/mo
Median rental price
Annual Rental Income
$75,600/yr
Based on median rent

Recent Transactions

(9 of 9)
DateProject NameAddressSize (sqm)PricePSFFloorTypeSegmentDistrictTenure
2024-12NICON GARDENSCHOA CHU KANG ROAD185 sqm (1991 sqft)$1,850,000$929/sqft-CondominiumOCR2399 yrs lease commencing from 1981 (54 yrs remaining)
2024-11NICON GARDENSCHOA CHU KANG ROAD185 sqm (1991 sqft)$1,850,000$929/sqft-CondominiumOCR2399 yrs lease commencing from 1981 (54 yrs remaining)
2024-10NICON GARDENSCHOA CHU KANG ROAD187 sqm (2013 sqft)$1,848,800$918/sqft-CondominiumOCR2399 yrs lease commencing from 1981 (54 yrs remaining)
2024-06NICON GARDENSCHOA CHU KANG ROAD185 sqm (1991 sqft)$1,800,000$904/sqft-CondominiumOCR2399 yrs lease commencing from 1981 (54 yrs remaining)
2021-11NICON GARDENSCHOA CHU KANG ROAD187 sqm (2013 sqft)$1,200,000$596/sqft-CondominiumOCR2399 yrs lease commencing from 1981 (54 yrs remaining)
2021-10NICON GARDENSCHOA CHU KANG ROAD187 sqm (2013 sqft)$1,455,000$723/sqft-CondominiumOCR2399 yrs lease commencing from 1981 (54 yrs remaining)
2020-06NICON GARDENSCHOA CHU KANG ROAD185 sqm (1991 sqft)$1,280,000$643/sqft-CondominiumOCR2399 yrs lease commencing from 1981 (54 yrs remaining)
2020-03NICON GARDENSCHOA CHU KANG ROAD187 sqm (2013 sqft)$1,350,000$671/sqft-CondominiumOCR2399 yrs lease commencing from 1981 (54 yrs remaining)
2019-12NICON GARDENSCHOA CHU KANG ROAD187 sqm (2013 sqft)$1,310,000$651/sqft-CondominiumOCR2399 yrs lease commencing from 1981 (54 yrs remaining)

Market Statistics

Properties For Sale (1)

NICON GARDENS 1
NICON GARDENS 2
NICON GARDENS 3
NICON GARDENS 4
NICON GARDENS 5
NICON GARDENS 6
NICON GARDENS 7
NICON GARDENS 8
NICON GARDENS 9
NICON GARDENS 10
NICON GARDENS 11
NICON GARDENS 12
NICON GARDENS 13
For Sale
Condominium
1/13
$1,888,888$939 PSF

NICON GARDENS

CHOA CHU KANG ROAD SINGAPORE 689432

5Beds
3Baths
2,012sqft
Verified
View Details
View all properties for sale in NICON GARDENS

Properties For Rent (2)

NICON GARDENS 1
NICON GARDENS 2
NICON GARDENS 3
NICON GARDENS 4
NICON GARDENS 5
NICON GARDENS 6
NICON GARDENS 7
NICON GARDENS 8
NICON GARDENS 9
NICON GARDENS 10
NICON GARDENS 11
NICON GARDENS 12
NICON GARDENS 13
NICON GARDENS 14
NICON GARDENS 15
For Rent
Condominium
1/15
$6,300/mo

NICON GARDENS

CHOA CHU KANG ROAD SINGAPORE 689432

4Beds
3Baths
1,991sqft
Verified
View Details
NICON GARDENS 1
NICON GARDENS 2
NICON GARDENS 3
NICON GARDENS 4
NICON GARDENS 5
NICON GARDENS 6
NICON GARDENS 7
NICON GARDENS 8
NICON GARDENS 9
NICON GARDENS 10
NICON GARDENS 11
NICON GARDENS 12
NICON GARDENS 13
NICON GARDENS 14
For Rent
Condominium
1/14
$6,300/mo

NICON GARDENS

CHOA CHU KANG ROAD SINGAPORE 689432

4Beds
3Baths
1,990sqft
Verified
View Details
View all rental properties in NICON GARDENS

Frequently Asked Questions

What is the average price per square foot (PSF) for NICON GARDENS?

The average transacted price for NICON GARDENS is $774/sqft based on 9 recorded transactions.

Where is NICON GARDENS located?

NICON GARDENS is located in District 23, near PHOENIX, BUKIT PANJANG, TECK WHYE MRT, Singapore.

Is NICON GARDENS freehold or leasehold?

NICON GARDENS is a 99-year leasehold property.

When was NICON GARDENS completed?

NICON GARDENS was completed in 1981.

What schools are near NICON GARDENS?

Schools near NICON GARDENS include WEST VIEW PRIMARY SCHOOL, TECK WHYE PRIMARY SCHOOL, JURONG PIONEER JUNIOR COLLEGE, ZHENGHUA SECONDARY SCHOOL, CHUA CHU KANG SECONDARY SCHOOL.

Who developed NICON GARDENS?

NICON GARDENS was developed by Pidemco Land Ltd.

Who is eligible to buy at NICON GARDENS?

NICON GARDENS is a private property open to all buyers including foreigners. Singapore Citizens pay no Additional Buyer's Stamp Duty (ABSD) on their first property, while Permanent Residents pay 5% and foreigners pay 60% ABSD.

Is NICON GARDENS a good investment?

NICON GARDENS has recorded 9 transactions at an average of $774/sqft in District 23. Prospective investors should compare these figures with nearby developments and consider factors like lease tenure, unit size, and rental demand.

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Stable prices2.8% overall change
2 years change:+2.8% ($904 → $929)
Median PSF:$929/sqft