CANARY PARK

Condo Profile 6 min read Last reviewed
For: First-time buyersInvestorsHDB upgraders
Source: URA REALIS
TL;DR
CANARY PARK is a freehold condominium in D16 (Outside Central Region), developed by CITY DEVELOPMENTS LTD, completed in 1992. Average price: $3,987,353. Gross yield: 1.5%.

We track 11 sales and 29 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the CANARY PARK dashboard.

Data as of July 2026
Key Takeaways
  • Average sale price: $3,987,353 across 11 transactions
  • Estimated gross rental yield: 1.5%
  • District 16 PSF ranking: Premium tier (top 23%)
  • Freehold tenure · OCR · D16 · 90 units

About CANARY PARK

CANARY PARK is a freehold condominium, located at JALAN SIMPANG BEDOK in District 16 (Bedok, Upper East Coast, Eastwood, Kew Drive) (Outside Central Region), developed by CITY DEVELOPMENTS LTD, comprising 90 residential units, completed in 1992.

As a freehold property, CANARY PARK does not face lease decay concerns.

D16
District
OCR
Outside Central Region
90
Total Units
1992
TOP Year
1.5%
Gross Yield

Unit Mix Distribution

Transaction data breakdown by bedroom type at CANARY PARK:

Unit mix for CANARY PARK
TypeSalesAvg PSFAvg Price
4 BR1$2,011 psf$3,700,000
5+ BR10$1,604 psf$4,016,089
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Sales Market Overview

$3,987,353
Avg Price
$3,200,000
Lowest Sale
$5,500,000
Highest Sale
11
Total Sales

CANARY PARK has recorded 11 sale transactions with an average transaction price of $3,987,353, ranging from $3,200,000 to $5,500,000.

Price & PSF trend for CANARY PARK
YearSalesAvg PSFAvg PriceYoY
20216$1,382 psf$3,775,148
20241$1,865 psf$3,550,000↑ 35.0%
20253$1,878 psf$4,386,667↑ 0.7%
20261$2,261 psf$4,500,000↑ 20.4%

CANARY PARK ranks in the top 23% of condos in District 16 by average PSF.

Compared to the OCR average of $1,550 psf, CANARY PARK trades 5.9% above the segment benchmark.

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Rental Market Overview

$5,091/mo
Avg Rent
$2,800/mo
Lowest
$6,800/mo
Highest
29
Total Leases

CANARY PARK has recorded 29 rental transactions with monthly rents averaging $5,091/mo.

Rental rates by bedroom for CANARY PARK
TypeLeasesAvg RentMinMax
Studio29$5,091/mo$2,800/mo$6,800/mo
Rental trend for CANARY PARK
YearLeasesAvg Rent
20216$3,933/mo
20224$4,663/mo
20235$5,120/mo
20246$5,433/mo
20258$5,900/mo

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🧮Estimate Rental Yield for CANARY PARK

Investment Analysis

Based on average rents and sale prices, CANARY PARK delivers an estimated gross rental yield of 1.5%. This is below the 3% benchmark, suggesting stronger capital appreciation potential.

Investment Verdict: Below Average Yield
CANARY PARK offers a gross rental yield of 1.5% in District 16.

Competing Condos in District 16

Side-by-side comparison against the most actively traded condos in District 16 (Bedok, Upper East Coast, Eastwood, Kew Drive):

District 16 condo comparison
CondoTenureUnitsAvg PSFSales
PINERY RESIDENCES99 years leasehold$2,551 psf549
VELA BAY99 years leasehold$2,869 psf371
SCENECA RESIDENCE99 yrs lease commencing from 2021268$2,084 psf269
THE BAYSHORE99-year leasehold1038$1,234 psf247
THE GLADES99 yrs lease commencing from 2013726$1,613 psf226

Location Map

Map shows CANARY PARK (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.

  • CANARY PARK
  • Tanah Merah MRT
  • Sungei Bedok MRT
  • Simei MRT
  • Casuarina Primary School
  • Ping Yi Secondary School
  • Fengshan Primary School

Nearby MRT Stations

CANARY PARK is 740m from Tanah Merah MRT (East-West Line), with 3 stations within 1.5 km.

MRT stations near CANARY PARK
StationCodeLineDistance
Tanah MerahEW4East-West Line740m
Sungei BedokTE31Thomson-East Coast Line1.3 km
SimeiEW3East-West Line1.3 km

Nearby Schools

There are 14 schools within 2 km of CANARY PARK, including 5 within the 1 km priority zone.

Schools near CANARY PARK
SchoolTypeDistance
Casuarina Primary SchoolPrimary460m
Ping Yi Secondary SchoolSecondary700m
Fengshan Primary SchoolPrimary790m
Bedok North Secondary SchoolSecondary820m
Bedok Green Primary SchoolPrimary950m
Park View Primary SchoolPrimary1.0 km
Bedok View Secondary SchoolSecondary1.1 km
Yu Neng Primary SchoolPrimary1.3 km
Changkat Primary SchoolPrimary1.5 km
Tampines Meridian Junior CollegeJc1.5 km
Opera Estate Primary SchoolPrimary1.5 km
Bedok South Secondary SchoolSecondary1.8 km

FAQ

What is the average price for CANARY PARK?
The average transaction price is $3,987,353 across 11 sales.
What is the rental yield for CANARY PARK?
The estimated gross yield is 1.5%.
Is CANARY PARK freehold or leasehold?
CANARY PARK is a freehold property.

Methodology & Sources

This analysis covers All available years and refreshes as new data becomes available.

Transaction data sourced from URA REALIS.

  • Sales data: 11 transactions analysed
  • Rental data: 29 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 CANARY PARK

Access the full interactive dashboard with real-time sales trends, rental yields, and investment calculators.

Open CANARY PARK Dashboard →

New Sale vs Resale Mix

Of the 1,670 condo transactions recorded in District 16 over the last 12 months, 56% new sale, 43% resale, 1% sub 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 16 reads 130.8 as of June 2026 — up 7.1% 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 16 could add roughly 520 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.

Active GLS sites, District 16
SiteStreetEst. unitsListStatus
Bayshore Road~520ConfirmedAwarded

HDB Alternatives Nearby

Weighing CANARY PARK against staying public? These HDB towns sit within walking or short-drive distance:

  • Bedok — 4-room average $659,895 (340m away), an upgrader gap of about $3,350,000
  • Tampines — 4-room average $683,199 (780m away), an upgrader gap of about $3,300,000
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