Chancery Park

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

  0
 2
 0

Sale Price *

Average
S$ 1,669 psf
Range
S$ 1,669 - 1,669 psf

Rental Price **

Average
S$ 3.5 psf pm
Range
S$ 3.4 - 3.6 psf pm

Rental Yield **

2.5%

Rental income expressed as a percentage of the property's value.

Amenities

3.4
3.4

Convenience

3.7
3.7

Connectivity

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
Description
Chancery Park is a freehold condominium completed in 1991. The development occupies a land area of 5,023 sqm. It consists of 32 units. According to records, buyers of this development are Singaporean 60.4%, PR 2.1%, Foreigner 29.2%, Company 6.3%.

CHANCERY PARK is located along Chancery Lane in Novena, in District 11. It is accessible through the nearest MRTs including Newton DT11, NS21 and Novena NS20.

Based on transaction data in the last 12 months, sale prices range from S$ 1,669 psf to S$ 1,669 psf at an average of S$ 1,669 psf. Its highest recorded transaction was S$ 1,757 psf in Sep 2021 for a 1,679-sqft unit. Its lowest recorded transaction was S$ 610 psf in Jan 2004 for a 1,851-sqft unit. Its current rental yield is at 2.5%. Other nearby amenities include: 3 Grocerie(s): COLD STORAGE SINGAPORE (1983) PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, COLD STORAGE SINGAPORE (1983) PTE LTD, and 3 Shopping Mall(s): BALMORAL PLAZA, GOLDHILL PLAZA, UNITED SQUARE.

Buyers and tenants are attracted to District 11, which is comprised of Thomson, Watten Estate, Novena and Newton. This area is famous for a number of renowned schools, religious houses and elite residential estates. With forests and reservoirs scattered around the Thomson area, property prices here are significantly higher compared to other parts of Singapore. The Watten district next to Bukit Timah is one of the most prestigious locations for residential estates in Singapore, sharing forest and golf course greenery as well as being close to Singapore’s Central Business District. Novena is home to the Inland Revenue Authority Building and Singapore’s largest medical centre, Tan Tock Seng Hospital. Although Newton’s pace of life is relatively slow compared to neighbouring Tanglin and Orchard, its residential properties remain expensive, as it’s strategically located between Orchard Road and Bukit Timah.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.
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What they say
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4
"Located virtually next ACS Barker school and Balmoral Plaza, with great connectivity to Balestier and Orchard. Condo size is large/spacious and well designed, good view of Newton, quiet with a frontage that stands out due to its unique and a little strange color scheme. But parking is limited and tight, facility is old and shows signs of wear and tear, and selling price is very high."
T****** T*
Google Review     |   19 Feb 2021
1
"Old Condo. Vested with termites. Pipes leaking and damaging parked cars."
L***** B**
Google Review     |   28 Oct 2017
5
"Awesome landscape"
F******* Y**
Google Review     |   01 Jul 2016
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

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SchoolSchool
Eat & ShopEat & Shop
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Floor Plans
9
2
1

CHANCERY PARK - 9 - 2 - 1

Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of CHANCERY PARK (Limited to 10)

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Purchaser Address
Source

Asking Price of CHANCERY PARK

Source: URA, https://www.edgeprop.sg

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
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0 asking price for sale selected

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No data
Rental Transactions of CHANCERY PARK

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
Historical Quarterly Rental

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
Max Rental** (S$ psf pm)
Rental Yield** (%)

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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