Overview & Key Facts
32 GILSTEAD is a freehold condominium at GILSTEAD ROAD in District 11 (CCR), developed by Peak Vista Pte Ltd, comprising 14 units, completed in 2024.
Location & Connectivity
32 GILSTEAD is approximately 440m from Newton MRT station, with 6 stations within 1.5 km.
Schools & Education
14 schools within 2 km (5 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Singapore Chinese Girls' School (Primary) | Primary | 350m |
| Anglo-Chinese School (Primary) | Primary | 470m |
| St. Margaret's Primary School | Primary | 700m |
| St. Margaret's Secondary School | Secondary | 760m |
| St. Joseph's Institution | Secondary | 760m |
| CHIJ Our Lady Queen of Peace | Primary | 1.1 km |
| St. Anthony's Primary School | Primary | 1.2 km |
| New Town Primary School | Primary | 1.3 km |
Market Position
32 GILSTEAD has recorded 14 sales at an average price of $14,559,380.
Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2024 | 5 | $3,456 psf | — |
| 2025 | 7 | $3,518 psf | ↑ 1.8% |
| 2026 | 2 | $3,434 psf | ↓ 2.4% |
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32 GILSTEAD prices have cooled 2.4% from the 2025 peak, yet remain 0.6% below where the series began in 2024.
Price Index Check
The ShiokNest Price Index for District 11 reads 121.2 as of June 2026 — up 1.7% 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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Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| PULLMAN RESIDENCES NEWTON | Freehold | $3,074 psf | 288 |
| WATTEN HOUSE | Freehold | $3,236 psf | 180 |
| SOLEIL @ SINARAN | 99 yrs lease commencing from 2006 | $1,979 psf | 96 |
| PEAK RESIDENCE | Freehold | $2,489 psf | 90 |
| AMARYLLIS VILLE | 99 yrs lease commencing from 1997 | $1,909 psf | 74 |
What Could Work Against You
- Only 3 transactions were recorded in the past 12 months, so the price figures here rest on a thin sample — a single outlier deal can move the averages.
- At 14 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
Best suited for
Who This Actually Suits
Buyers most likely to be happy here: families with young children, mrt-walkable commuters, long-term hold (10+ yr) and short-term flippers (<5 yr). Family-suitable layout and CCR (Core Central Region) location with established school catchments nearby.
For empty nesters / downsizers and foreign / absd-aware buyers, it can work — but weigh the trade-offs before committing.
It is a weaker fit for yield-focused investors and first-time hdb upgraders — other options likely serve them better. CCR (Core Central Region) location with rental demand profile worth running through our Rental Yield Calculator.
One caution flagged here: avoid for short-term hold — Recent CCR TOP at $3,494 psf — high entry pricing makes the 3-year SSD window unforgiving for short-term flippers.
Verdict
32 GILSTEAD is a freehold development in District 11 (CCR), with 14 units.
At ~$3,499 psf, it reflects its premium CCR positioning.
Explore the full 32 GILSTEAD dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing 32 GILSTEAD against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (1 km away), an upgrader gap of about $13,700,000
- Toa Payoh — 4-room average $929,793 (1.4 km away), an upgrader gap of about $13,650,000
- Central Area — 4-room average $1,088,814 (1.7 km away), an upgrader gap of about $13,450,000
FAQ
What is the average PSF for 32 GILSTEAD?
Is 32 GILSTEAD freehold?
What is the rental yield for 32 GILSTEAD?
Which MRT is nearest to 32 GILSTEAD?
Sources & Next Steps
- 32 GILSTEAD Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 11 (Watten Estate, Novena, Thomson) — District 11 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 14 transactions
- Rental data: 0 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: May 2026 · 14 records analysed · Source: URA private-sale caveats