Overview & Key Facts
CANARY PARK is a freehold condominium at JALAN SIMPANG BEDOK in District 16 (OCR), developed by CITY DEVELOPMENTS LTD, comprising 90 units, completed in 1992.
Location & Connectivity
CANARY PARK is approximately 740m from Tanah Merah MRT station, with 3 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Tanah Merah | East-West Line | 740m |
| Sungei Bedok | Thomson-East Coast Line | 1.3 km |
| Simei | East-West Line | 1.3 km |
Schools & Education
14 schools within 2 km (5 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Casuarina Primary School | Primary | 460m |
| Ping Yi Secondary School | Secondary | 700m |
| Fengshan Primary School | Primary | 790m |
| Bedok North Secondary School | Secondary | 820m |
| Bedok Green Primary School | Primary | 950m |
| Park View Primary School | Primary | 1 km |
| Bedok View Secondary School | Secondary | 1.1 km |
| Yu Neng Primary School | Primary | 1.3 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 4 BR | 1 | $2,011 psf | $3,700,000 |
| 5+ BR | 10 | $1,604 psf | $4,016,089 |
Market Position
CANARY PARK has recorded 11 sales at an average price of $3,987,353.
Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 6 | $1,382 psf | — |
| 2024 | 1 | $1,865 psf | ↑ 35.0% |
| 2025 | 3 | $1,878 psf | ↑ 0.7% |
| 2026 | 1 | $2,261 psf | ↑ 20.4% |
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CANARY PARK prices sit at a fresh series high after a 20.4% gain on the prior period, now 63.6% above the 2021 starting level.
Price Index Check
The ShiokNest Price Index for District 16 reads 130.8 as of June 2026. 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 |
|---|---|---|---|
| PINERY RESIDENCES | 99 years leasehold | $2,551 psf | 551 |
| VELA BAY | 99 years leasehold | $2,869 psf | 371 |
| SCENECA RESIDENCE | 99 yrs lease commencing from 2021 | $2,085 psf | 270 |
| THE BAYSHORE | 99-year leasehold | $1,237 psf | 251 |
| THE GLADES | 99 yrs lease commencing from 2013 | $1,615 psf | 230 |
What Could Work Against You
- Only 2 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.
- Completed in 1992, the development is over 34 years old — budget for rising maintenance, dated M&E systems, and the possibility that value increasingly rests on en-bloc potential rather than the units themselves.
Best suited for
Who This Actually Suits
This is a strong match for long-term hold (10+ yr) and freehold / generational hold. Freehold tenure removes lease-decay drag for a 10+ year hold.
mrt-walkable commuters and en-bloc speculators should treat this as a shortlist candidate, not a default choice.
yield-focused investors should probably look elsewhere. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.
Verdict
CANARY PARK is a freehold development in District 16 (OCR), with 90 units, offering a gross yield of 1.5%.
At ~$1,974 psf, it represents a competitive entry point in the OCR segment.
Explore the full CANARY PARK dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing CANARY PARK against staying public? These HDB towns sit within walking or short-drive distance:
FAQ
What is the average PSF for CANARY PARK?
Is CANARY PARK freehold?
What is the rental yield for CANARY PARK?
Which MRT is nearest to CANARY PARK?
Sources & Next Steps
- CANARY PARK Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 16 (Bedok, Upper East Coast, Eastwood, Kew Drive) — District 16 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: 11 transactions
- Rental data: 29 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Apr 2026 · 11 records analysed · Source: URA private-sale caveats