CAVENAGH GARDENS Review

Condo Review 5 min read Last reviewed
District 9 · Freehold · Completed 1975
~$1,623Avg PSF (12-month)
172Total units
Category Ratings
Walkability
8.0
Investment
6.4
En-Bloc Potential
6.8
ShiokNest Score
6.1

Overview & Key Facts

CAVENAGH GARDENS is a freehold condominium at CAVENAGH ROAD in District 9 (CCR), developed by , comprising 172 units, completed in 1975.

Developer
Tenure
Freehold
Total units
172
TOP year
1975
District
9 — CCR
Street
CAVENAGH ROAD

Location & Connectivity

CAVENAGH GARDENS is approximately 520m from Somerset MRT station, with 16 stations within 1.5 km.

MRT stations near CAVENAGH GARDENS
StationLineDistance
SomersetNorth-South Line520m
Dhoby GhautNorth-South Line850m
Dhoby GhautNorth-East Line850m
Dhoby GhautCircle Line850m
Little IndiaNorth-East Line950m
Little IndiaDowntown Line950m

Schools & Education

17 schools within 2 km (3 within 1 km priority zone).

Schools near CAVENAGH GARDENS
SchoolTypeDistance
ACS (Junior)Primary110m
St. Anthony's Primary SchoolPrimary880m
St. Margaret's Primary SchoolPrimary980m
St. Margaret's Secondary SchoolSecondary1 km
Fairfield Methodist School (Primary)Primary1.3 km
LASALLE College of the ArtsTertiary1.3 km
Kheng Cheng SchoolPrimary1.3 km
Singapore Management UniversityTertiary1.3 km

Unit Mix & Pricing

Unit mix for CAVENAGH GARDENS
TypeSalesAvg PSFAvg Price
3 BR12$1,483 psf$1,711,481
4 BR17$1,552 psf$2,406,235

Market Position

CAVENAGH GARDENS has recorded 29 sales at an average price of $2,118,751.

CAVENAGH GARDENS sits at the 4th percentile of District 9 condo PSF.
$1,623 psf
Avg PSF (12mo)
$2,118,751
Avg Price
2.3%
Gross Yield
29
Total Sales

Price Appreciation

PSF trend for CAVENAGH GARDENS
YearSalesAvg PSFYoY
20212$1,409 psf
20224$1,450 psf↑ 3.0%
20236$1,545 psf↑ 6.5%
202413$1,524 psf↓ 1.4%
20254$1,623 psf↑ 6.5%

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CAVENAGH GARDENS prices sit at a fresh series high after a 6.5% gain on the prior period, now 15.2% above the 2021 starting level.

Price Index Check

The ShiokNest Price Index for District 9 reads 102.6 as of June 2026 — up 1.2% 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

District 9 competitors
CondoTenureAvg PSFSales
IRWELL HILL RESIDENCES99 yrs lease commencing from 2020$2,730 psf584
RIVER GREEN99 yrs lease commencing from 2024$3,138 psf493
RIVER MODERN99 years leasehold$3,242 psf426
THE AVENIRFreehold$3,191 psf323
KOPAR AT NEWTON99 yrs lease commencing from 2019$2,512 psf256

What Could Work Against You

  • Only 1 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 1975, the development is over 51 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.

Who This Actually Suits

Buyers most likely to be happy here: car-owning households, international school families, long-term hold (10+ yr) and freehold / generational hold. At ~517m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.

en-bloc speculators and foreign / absd-aware buyers should treat this as a shortlist candidate, not a default choice.

yield-focused investors and resort facilities should probably look elsewhere. CCR (Core Central Region) location with rental demand profile worth running through our Rental Yield Calculator.


Verdict

CAVENAGH GARDENS is a freehold development in District 9 (CCR), with 172 units, offering a gross yield of 2.3%.

At ~$1,623 psf, it reflects its premium CCR positioning.

Explore the full CAVENAGH GARDENS dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Central Area — 4-room average $1,088,814 (1 km away), an upgrader gap of about $1,050,000
  • Kallang/whampoa — 4-room average $882,887 (1.4 km away), an upgrader gap of about $1,250,000
  • Bukit Merah — 4-room average $894,787 (1.8 km away), an upgrader gap of about $1,200,000

FAQ

What is the average PSF for CAVENAGH GARDENS?
The 12-month average is approximately $1,623 psf.
Is CAVENAGH GARDENS freehold?
Yes, CAVENAGH GARDENS is a freehold property.
What is the rental yield for CAVENAGH GARDENS?
The estimated gross yield is 2.3%.
Which MRT is nearest to CAVENAGH GARDENS?
The nearest is Somerset MRT at 520m.

Sources & Next Steps

Methodology & Sources

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

Transaction data sourced from URA REALIS.

  • Sales data: 29 transactions
  • Rental data: 232 leases
  • Source: URA REALIS

Median values used to minimise outlier impact. PSF = price per square foot.

Data as of August 2025

Latest recorded data point: Aug 2025 · 29 records analysed · Source: URA private-sale caveats

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