CENTRAL GROVE Review

Condo Review 5 min read Last reviewed
District 14 · 99 yrs lease commencing from 1997 · Completed 2001
~$1,409Avg PSF (12-month)
262Total units
Category Ratings
Walkability
9.0
Investment
6.3
En-Bloc Potential
4.7
ShiokNest Score
6.6

Overview & Key Facts

CENTRAL GROVE is a 99 yrs lease commencing from 1997 condominium at GEYLANG EAST AVENUE 1 in District 14 (RCR), developed by CAPITALAND & FAR EAST ORGANIZATION, comprising 262 units, completed in 2001.

Developer
CAPITALAND & FAR EAST ORGANIZATION
Tenure
99 yrs lease commencing from 1997
Total units
262
TOP year
2001
District
14 — RCR
Street
GEYLANG EAST AVENUE 1
Lease remaining
~70 years (of 99)

Location & Connectivity

CENTRAL GROVE is approximately 160m from Aljunied MRT station, with 8 stations within 1.5 km.

MRT stations near CENTRAL GROVE
StationLineDistance
AljuniedEast-West Line160m
Paya LebarEast-West Line990m
DakotaCircle Line990m
Paya LebarCircle Line990m
MountbattenCircle Line1.2 km
MattarDowntown Line1.2 km

Schools & Education

12 schools within 2 km (4 within 1 km priority zone).

Schools near CENTRAL GROVE
SchoolTypeDistance
Geylang Methodist School (Primary)Primary450m
Geylang Methodist School (Secondary)Secondary550m
Kong Hwa SchoolPrimary670m
One World International School (Mountbatten)International830m
Macpherson Primary SchoolPrimary1.2 km
Haig Girls' SchoolPrimary1.4 km
Paya Lebar Methodist Girls' SchoolSecondary1.5 km
Tanjong Katong Primary SchoolPrimary1.8 km

Unit Mix & Pricing

Unit mix for CENTRAL GROVE
TypeSalesAvg PSFAvg Price
3 BR43$1,281 psf$1,515,332
4 BR2$1,133 psf$1,575,000

Market Position

CENTRAL GROVE has recorded 45 sales at an average price of $1,517,984.

CENTRAL GROVE sits at the 44th percentile of District 14 condo PSF.
$1,409 psf
Avg PSF (12mo)
$1,517,984
Avg Price
3.3%
Gross Yield
45
Total Sales

Price Appreciation

PSF trend for CENTRAL GROVE
YearSalesAvg PSFYoY
202110$1,105 psf
20225$1,174 psf↑ 6.2%
20237$1,257 psf↑ 7.1%
202412$1,343 psf↑ 6.8%
20254$1,464 psf↑ 9.0%
20267$1,377 psf↓ 5.9%

Loading chart data...

CENTRAL GROVE prices have cooled 5.9% from the 2025 peak, yet remain 24.6% above where the series began in 2021.

Price Index Check

The ShiokNest Price Index for District 14 reads 121.5 as of June 2026 — down 8.2% 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.

Loading chart data...


Neighbourhood Comparison

District 14 competitors
CondoTenureAvg PSFSales
PARC ESTA99 yrs lease commencing from 2018$2,187 psf493
SIMS URBAN OASIS99 yrs lease commencing from 2014$1,765 psf373
PENROSE99 yrs lease commencing from 2019$1,933 psf359
EUHABITAT99 yrs lease commencing from 2010$1,330 psf243
THE ANTARES99 yrs lease commencing from 2018$1,834 psf229

Lease Analysis

With 70 years remaining on its 99-year lease, CENTRAL GROVE still qualifies for full bank financing and CPF usage.

What Could Work Against You

  • About 70 years remain on the lease. Decay is not yet a financing problem, but buyers holding beyond 10-15 years should model the value drag as the 60-year threshold approaches.

Who This Actually Suits

The profile fits families with young children, mrt-walkable commuters and yield-focused investors best. Family-suitable layout and RCR (Rest of Central Region) location with established school catchments nearby.

For first-time hdb upgraders, it can work — but weigh the trade-offs before committing.

long-term hold (10+ yr) and cpf-only buyers should probably look elsewhere. Tenure and location resilience suit long-horizon ownership.

One caution flagged here: avoid if mrt-dependent — MRT access is meaningfully constrained — transit-dependent buyers should consider better-connected alternatives.


Verdict

CENTRAL GROVE is a 99 yrs lease commencing from 1997 development in District 14 (RCR), with 262 units, offering a gross yield of 3.3%.

At ~$1,409 psf, it sits at a city-fringe price point balancing accessibility and value.

Explore the full CENTRAL GROVE dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Geylang — 4-room average $761,443 (120m away), an upgrader gap of about $750,000
  • Kallang/whampoa — 4-room average $882,887 (1.1 km away), an upgrader gap of about $650,000

FAQ

What is the average PSF for CENTRAL GROVE?
The 12-month average is approximately $1,409 psf.
Is CENTRAL GROVE freehold?
CENTRAL GROVE has a 99 yrs lease commencing from 1997 tenure with ~70 years remaining.
What is the rental yield for CENTRAL GROVE?
The estimated gross yield is 3.3%.
Which MRT is nearest to CENTRAL GROVE?
The nearest is Aljunied MRT at 160m.

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: 45 transactions
  • Rental data: 218 leases
  • Source: URA REALIS

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

Data as of June 2026

Latest recorded data point: Jun 2026 · 45 records analysed · Source: URA private-sale caveats

👍Helpful0💡Insightful0📅Outdated0
Related Properties: