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District 24 - Lim Chu Kang, Tengah

OCR - 1582 transactions in last 3 years

District 24 (Lim Chu Kang, Tengah) is in the Outside Central Region - the suburban heartlands where entry prices are lowest and gross yields tend to be highest, supported by HDB upgrader demand and family-oriented amenities.

Last transaction: 2026-06-01. Source: URA private residential PMI.

Key Metrics

Median PSF
$1,806
3-year window
Gross Rental Yield
N/A
annualised, before costs
3Y Appreciation
N/A
median PSF CAGR
Supply PressureiHow much new supply is waiting in the pipeline versus how fast the district normally turns over. 1x = the pipeline holds about 1 year of normal demand. 3x = roughly 3 years; once it's that high, new launches tend to weigh on resale prices because buyers have lots of alternatives. Calculated as: incoming pipeline units (excluding already-TOP'd projects) ÷ avg annual district transactions across resale and new-sale. For nascent districts with a thin historical base (Marina South, Tengah-style new towns), the denominator is floored at 50 txns/year so the ratio is not artificially inflated.How much new supply is waiting in the pipeline versus how fast the district normally turns over. 1x = the pipeline holds about 1 year of normal demand. 3x = roughly 3 years; once it's that high, new launches tend to weigh on resale prices because buyers have lots of alternatives. Calculated as: incoming pipeline units (excluding already-TOP'd projects) ÷ avg annual district transactions across resale and new-sale. For nascent districts with a thin historical base (Marina South, Tengah-style new towns), the denominator is floored at 50 txns/year so the ratio is not artificially inflated.
6.2x
heavy incoming supply

Investment Score

30 / 100

Composite of appreciation (40%), yield (20%), supply (20%), schools (20%) - ranked against all 28 districts.

3Y Appreciation(40%)
N/A
Gross Yield(20%)
N/A
Supply Pressure(20%)
6.2x (lower = better)
Schools(20%)
None

Top Transacted Projects

Ranked by transaction volume in the last 3 years.

  • 1TENGAH GARDEN RESIDENCES
    PSF$2,128
    vs cble—
    YieldN/A
    Txns (3Y)685
    Pipeline-
  • 2OTTO PLACE
    PSF$1,754
    vs cble—
    YieldN/A
    Txns (3Y)469
    Pipeline600
  • 3NOVO PLACE
    PSF$1,650
    vs cble—
    YieldN/A
    Txns (3Y)417
    Pipeline504
  • 4COPEN GRAND
    PSF$1,619
    vs cble—
    YieldN/A
    Txns (3Y)11
    Pipeline615
#ProjectMedian PSFvs cbleGross YieldTxns (3Y)Incoming Units
1TENGAH GARDEN RESIDENCES$2,128—N/A685-
2OTTO PLACE$1,754—N/A469600
3NOVO PLACE$1,650—N/A417504
4COPEN GRAND$1,619—N/A11615

About this number

"Priced vs comparable" compares a sale's PSF to the median of genuinely like-for-like recent resale transactions: the same district, the same property class (private or executive condominium), the same tenure band (freehold, or leasehold grouped by remaining years), and the same bedroom count, over the last three years. New launches are excluded from the benchmark, so a brand-new project has no signal until it builds a resale history.

A negative figure means the unit transacted below comparable resale, a positive figure above. The gap can reflect location within the district, unit size, floor, facing, freshness, or condition, so read it as relative pricing rather than a verdict on value.

Benchmarks appear only where at least five comparable resale sales exist, and not where a project's pricing sits outside the comparable range (for example ultra-prime freehold in a mixed district). Source: URA caveat data.

Amenities

No tracked primary schools in this district.

Incoming Supply

  • Residential apartments/Retail development
    863 unitsTOP 2029
  • Tengah Garden Residences/Tengah Garden Galleria
    863 unitsTOP na
  • COPEN GRAND
    615 unitsTOP 2027
  • Otto Place
    600 unitsTOP 2028
  • Novo Place
    504 unitsTOP 2028
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