We track 3 sales and 42 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the BOON TECK TOWER dashboard.
- Average sale price: $1,986,667 across 3 transactions
- Estimated gross rental yield: 2.3%
- District 12 PSF ranking: Value tier (top 88%)
- Freehold tenure · RCR · D12 · 78 units
About BOON TECK TOWER
BOON TECK TOWER is a freehold condominium, located at BOON TECK ROAD in District 12 (Toa Payoh, Serangoon, Balestier) (Rest of Central Region), developed by GLORY REALTY CO. PTE LTD (FAR EAST ORGANIZATION), comprising 78 residential units, completed in 1984.
As a freehold property, BOON TECK TOWER does not face lease decay concerns.
Sales Market Overview
BOON TECK TOWER has recorded 3 sale transactions with an average transaction price of $1,986,667, ranging from $1,860,000 to $2,100,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 1 | $1,122 psf | $1,860,000 | — |
| 2023 | 1 | $1,207 psf | $2,000,000 | ↑ 7.5% |
| 2026 | 1 | $1,267 psf | $2,100,000 | ↑ 5.0% |
BOON TECK TOWER ranks in the top 88% of condos in District 12 by average PSF.
Compared to the RCR average of $2,049 psf, BOON TECK TOWER trades 41.5% below the segment benchmark.
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Rental Market Overview
BOON TECK TOWER has recorded 42 rental transactions with monthly rents averaging $3,787/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 3 BR | 42 | $3,787/mo | $2,400/mo | $5,500/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 8 | $3,156/mo |
| 2022 | 10 | $3,480/mo |
| 2023 | 8 | $4,013/mo |
| 2024 | 10 | $3,980/mo |
| 2025 | 5 | $4,318/mo |
| 2026 | 1 | $5,500/mo |
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Investment Analysis
Based on average rents and sale prices, BOON TECK TOWER delivers an estimated gross rental yield of 2.3%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.
Competing Condos in District 12
Side-by-side comparison against the most actively traded condos in District 12 (Toa Payoh, Serangoon, Balestier):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| THE ORIE | 99 yrs lease commencing from 2024 | 52 | $2,730 psf | 740 |
| EIGHT RIVERSUITES | 99 yrs lease commencing from 2011 | 843 | $1,645 psf | 306 |
| GEM RESIDENCES | 99 yrs lease commencing from 2015 | 578 | $1,838 psf | 196 |
| TREVISTA | 99 yrs lease commencing from 2008 | 590 | $1,702 psf | 147 |
| VERTICUS | Freehold | 162 | $2,122 psf | 128 |
Location Map
Map shows BOON TECK TOWER (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- BOON TECK TOWER
- Toa Payoh MRT
- Novena MRT
- Braddell MRT
- Beatty Secondary School
- CHIJ Secondary (Toa Payoh)
- School of Science and Technology
Nearby MRT Stations
BOON TECK TOWER is 670m from Toa Payoh MRT (North-South Line), with 3 stations within 1.5 km.
Nearby Schools
There are 21 schools within 2 km of BOON TECK TOWER, including 5 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Beatty Secondary School | Secondary | 430m |
| CHIJ Secondary (Toa Payoh) | Secondary | 600m |
| School of Science and Technology | Jc | 600m |
| Balestier Hill Primary School | Primary | 870m |
| CHIJ Our Lady Queen of Peace | Primary | 1.0 km |
| Pei Chun Public School | Primary | 1.2 km |
| Manjusri Secondary School | Secondary | 1.3 km |
| First Toa Payoh Primary School | Primary | 1.3 km |
| De La Salle School | Primary | 1.3 km |
| New Town Primary School | Primary | 1.4 km |
| Stamford Primary School | Primary | 1.5 km |
| Assumption Pathway School | Secondary | 1.6 km |
FAQ
What is the average price for BOON TECK TOWER?
What is the rental yield for BOON TECK TOWER?
Is BOON TECK TOWER freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 3 transactions analysed
- Rental data: 42 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for BOON TECK TOWER
Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.
New Sale vs Resale Mix
Of the 438 condo transactions recorded in District 12 over the last 12 months, 87% resale, 13% new sale. A resale-heavy mix points to an established market trading on fundamentals; a new-sale-heavy mix means developer launches are setting the price benchmarks.
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Price Index Check
The ShiokNest Price Index for District 12 reads 136.8 as of May 2026 — down 6.2% year-on-year. The index tracks repeat-sales price movement, so it is less distorted by shifts in what happens to be transacting than a raw average PSF.
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Upcoming Supply Pipeline
1 active Government Land Sales site in District 12 could add roughly 335 new units to local supply. Incoming supply of this scale tends to cap short-term price growth in the immediate area but also signals planning confidence in the location.
| Site | Street | Est. units | List | Status |
|---|---|---|---|---|
| Lorong 1 Toa Payoh | — | ~335 | Confirmed | Available |
HDB Alternatives Nearby
Weighing BOON TECK TOWER against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (120m away), an upgrader gap of about $1,100,000
- Toa Payoh — 4-room average $929,793 (440m away), an upgrader gap of about $1,050,000
- Bishan — 4-room average $791,445 (1.8 km away), an upgrader gap of about $1,200,000