Property How Much © 2023
There are 170 condos in District 12 of which, 150 were freehold projects. In the last 36 months, a total of 1541 private property transactions were completed. District 12 offers a diverse mix of property types, including HDB flats, condominiums, landed houses, and commercial spaces. HDB flats dominate the landscape, with iconic estates like Toa Payoh and Balestier Park attracting families and residents seeking affordability. The condominium market features established developments like The Sterling and newer launches like One Serangoon, catering to various budgets and lifestyles. Landed houses, particularly in Serangoon Garden, command premium prices due to their rarity and spaciousness.
Browsing by districts is very useful for understanding price trends but can sometimes be disorientating as some condos maybe in different districts despite being a street apart. This is often because of the way the districts are subdivided in the past. If you're having trouble orientating, you might want to browse by MRT stations instead.
District 12, located in the central part of Singapore, is a diverse and dynamic area in the Singapore property market. The district comprises Balestier, Toa Payoh, and Serangoon, offering a mix of residential, commercial, and cultural amenities. With its central location and a range of housing options, District 12 presents an interesting landscape for property investment.
HDB flat prices in District 12 have seen steady growth over the past years, with some estates like Toa Payoh exceeding their peak prices from the 2011 en-bloc spree. Condominium prices have also experienced increases, though with some volatility. Landed houses remain a stable and highly coveted segment, with prices expected to hold firm or even see further appreciation.
The rental market in District 12 enjoys high occupancy rates, driven by its central location, good amenities, and proximity to educational institutions. HDB flats are particularly popular among tenants seeking affordability and convenience, while condominiums cater to professionals and families.
