Overview & Key Facts
CENTRAL GREEN CONDOMINIUM is a 99 yrs lease commencing from 1992 condominium at JALAN MEMBINA in District 3 (RCR), developed by WINWELL INVESTMENT PTE LTD (WING TAI LAND PTE LTD), comprising 412 units, completed in 1995.
Location & Connectivity
CENTRAL GREEN CONDOMINIUM is approximately 130m from Tiong Bahru MRT station, with 9 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Tiong Bahru | East-West Line | 130m |
| Havelock | Thomson-East Coast Line | 760m |
| Redhill | East-West Line | 1.3 km |
| Great World | Thomson-East Coast Line | 1.3 km |
| Outram Park | East-West Line | 1.4 km |
| Outram Park | North-East Line | 1.4 km |
Schools & Education
12 schools within 2 km (4 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Gan Eng Seng School | Secondary | 440m |
| Gan Eng Seng Primary School | Primary | 500m |
| Henderson Secondary School | Secondary | 830m |
| Outram Secondary School | Secondary | 910m |
| Cantonment Primary School | Primary | 1.1 km |
| Bukit Merah Secondary School | Secondary | 1.1 km |
| Kheng Cheng School | Primary | 1.3 km |
| River Valley Primary School | Primary | 1.4 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 9 | $1,660 psf | $1,493,089 |
| 3 BR | 27 | $1,578 psf | $2,045,741 |
| 4 BR | 20 | $1,587 psf | $2,393,344 |
Market Position
CENTRAL GREEN CONDOMINIUM has recorded 56 sales at an average price of $2,081,066.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at CENTRAL GREEN CONDOMINIUM typically rent harder per dollar of purchase price:
| Type | Avg Rent | Avg Price | Gross Yield |
|---|---|---|---|
| 2 BR | $4,056/mo | $1,493,089 | 3.26% |
| 3 BR | $5,266/mo | $2,045,741 | 3.09% |
| 4 BR | $6,363/mo | $2,393,344 | 3.19% |
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Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 11 | $1,442 psf | — |
| 2022 | 10 | $1,479 psf | ↑ 2.6% |
| 2023 | 6 | $1,542 psf | ↑ 4.3% |
| 2024 | 12 | $1,701 psf | ↑ 10.3% |
| 2025 | 12 | $1,675 psf | ↓ 1.6% |
| 2026 | 5 | $1,778 psf | ↑ 6.2% |
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The latest reading marks the highest point in this series — CENTRAL GREEN CONDOMINIUM prices have climbed 23.3% since 2021.
Price Index Check
The ShiokNest Price Index for District 3 reads 117.1 as of June 2026 — up 10.4% 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 |
|---|---|---|---|
| ZYON GRAND | 99 yrs lease commencing from 2024 | $3,056 psf | 635 |
| AVENUE SOUTH RESIDENCE | 99 yrs lease commencing from 2018 | $2,260 psf | 589 |
| STIRLING RESIDENCES | 99 yrs lease commencing from 2017 | $2,285 psf | 482 |
| PENRITH | 99 yrs lease commencing from 2024 | $2,796 psf | 452 |
| ONE PEARL BANK | 99 yrs lease commencing from 2019 | $2,569 psf | 431 |
Lease Analysis
With 65 years remaining on its 99-year lease, CENTRAL GREEN CONDOMINIUM still qualifies for full bank financing and CPF usage.
What Could Work Against You
- The remaining lease of roughly 65 years is comfortable today, though long-horizon owners will sell into a progressively lease-sensitive market.
- At 31+ 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
This is a strong match for empty nesters / downsizers and mrt-walkable commuters. Manageable scale and accessibility profile work for buyers right-sizing from a larger home.
For long-term hold (10+ yr), en-bloc speculators and cpf-only buyers, it can work — but weigh the trade-offs before committing.
It is a weaker fit for yield-focused investors — other options likely serve them better. RCR (Rest of Central Region) location with rental demand profile worth running through our Rental Yield Calculator.
Verdict
CENTRAL GREEN CONDOMINIUM is a 99 yrs lease commencing from 1992 development in District 3 (RCR), with 412 units, offering a gross yield of 2.7%.
At ~$1,705 psf, it sits at a city-fringe price point balancing accessibility and value.
Explore the full CENTRAL GREEN CONDOMINIUM dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing CENTRAL GREEN CONDOMINIUM against staying public? These HDB towns sit within walking or short-drive distance:
- Bukit Merah — 4-room average $894,787 (100m away), an upgrader gap of about $1,200,000
- Central Area — 4-room average $1,088,814 (1.1 km away), an upgrader gap of about $1,000,000
- Queenstown — 4-room average $1,002,705 (1.6 km away), an upgrader gap of about $1,100,000
FAQ
What is the average PSF for CENTRAL GREEN CONDOMINIUM?
Is CENTRAL GREEN CONDOMINIUM freehold?
What is the rental yield for CENTRAL GREEN CONDOMINIUM?
Which MRT is nearest to CENTRAL GREEN CONDOMINIUM?
Sources & Next Steps
- CENTRAL GREEN CONDOMINIUM Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 3 (Tiong Bahru, Queenstown) — District 3 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: 56 transactions
- Rental data: 628 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jun 2026 · 56 records analysed · Source: URA private-sale caveats