Overview & Key Facts
BOON TECK TOWER is a freehold condominium at BOON TECK ROAD in District 12 (RCR), developed by GLORY REALTY CO. PTE LTD (FAR EAST ORGANIZATION), comprising 78 units, completed in 1984.
Location & Connectivity
BOON TECK TOWER is approximately 670m from Toa Payoh MRT station, with 3 stations within 1.5 km.
Schools & Education
21 schools within 2 km (5 within 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 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 |
Market Position
BOON TECK TOWER has recorded 3 sales at an average price of $1,986,667.
Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 1 | $1,122 psf | — |
| 2023 | 1 | $1,207 psf | ↑ 7.5% |
| 2026 | 1 | $1,267 psf | ↑ 5.0% |
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The latest reading marks the highest point in this series — BOON TECK TOWER prices have climbed 12.9% since 2021.
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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Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| THE ORIE | 99 yrs lease commencing from 2024 | $2,730 psf | 741 |
| EIGHT RIVERSUITES | 99 yrs lease commencing from 2011 | $1,649 psf | 311 |
| GEM RESIDENCES | 99 yrs lease commencing from 2015 | $1,843 psf | 200 |
| TREVISTA | 99 yrs lease commencing from 2008 | $1,709 psf | 149 |
| VERTICUS | Freehold | $2,126 psf | 130 |
What Could Work Against You
- With just 1 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
- The 78-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.
- At 42+ years of age, upkeep costs trend upward and renovation budgets matter; some owners here are effectively holding an en-bloc option.
Best suited for
Who This Actually Suits
Buyers most likely to be happy here: families with young children, car-owning households, long-term hold (10+ yr) and en-bloc speculators. Family-suitable layout and RCR (Rest of Central Region) location with established school catchments nearby.
Verdict
BOON TECK TOWER is a freehold development in District 12 (RCR), with 78 units, offering a gross yield of 2.3%.
At ~$1,267 psf, it sits at a city-fringe price point balancing accessibility and value.
Explore the full BOON TECK TOWER dashboard for interactive analytics.
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
FAQ
What is the average PSF for BOON TECK TOWER?
Is BOON TECK TOWER freehold?
What is the rental yield for BOON TECK TOWER?
Which MRT is nearest to BOON TECK TOWER?
Sources & Next Steps
- BOON TECK TOWER Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 12 (Toa Payoh, Serangoon, Balestier) — District 12 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: 3 transactions
- Rental data: 43 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jan 2026 · 3 records analysed · Source: URA private-sale caveats