Overview & Key Facts
CHELSEA GARDENS is a freehold condominium at WALSHE ROAD in District 10 (CCR), developed by CITY DEVELOPMENTS PTE LTD, comprising 40 units, completed in 2000.
Location & Connectivity
CHELSEA GARDENS is approximately 760m from Stevens MRT station, with 8 stations within 1.5 km.
Schools & Education
16 schools within 2 km (9 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| ISS International School (Preston) | International | 340m |
| ISS International School (Paterson) | International | 390m |
| Methodist Girls' School | Secondary | 770m |
| Chatsworth International School (Orchard) | International | 770m |
| Methodist Girls' School (Primary) | Primary | 800m |
| Nanyang Primary School | Primary | 860m |
| St. Anthony's Primary School | Primary | 900m |
| Anglo-Chinese School (Primary) | Primary | 930m |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 4 BR | 1 | $1,889 psf | $3,375,000 |
| 5+ BR | 6 | $1,859 psf | $4,028,000 |
Market Position
CHELSEA GARDENS has recorded 7 sales at an average price of $3,934,714.
Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 3 | $1,841 psf | — |
| 2022 | 2 | $1,889 psf | ↑ 2.6% |
| 2024 | 2 | $1,873 psf | ↓ 0.9% |
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CHELSEA GARDENS prices are holding within 0.9% of the 2022 peak, 1.7% above the 2021 starting level.
Price Index Check
The ShiokNest Price Index for District 10 reads 116.8 as of June 2026 — down 3.6% 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 |
|---|---|---|---|
| SKYE AT HOLLAND | 99 yrs lease commencing from 2024 | $2,946 psf | 666 |
| LEEDON GREEN | Freehold | $2,786 psf | 574 |
| D'LEEDON | 99 yrs lease commencing from 2010 | $1,869 psf | 452 |
| HYLL ON HOLLAND | Freehold | $2,649 psf | 328 |
| FOURTH AVENUE RESIDENCES | 99 yrs lease commencing from 2018 | $2,468 psf | 299 |
What Could Work Against You
- Only 0 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.
- At 40 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
Best suited for
Who This Actually Suits
The profile fits empty nesters / downsizers, car-owning households, international school families and long-term hold (10+ yr) best. Manageable scale and accessibility profile work for buyers right-sizing from a larger home.
For yield-focused investors and foreign / absd-aware buyers, it can work — but weigh the trade-offs before committing.
It is a weaker fit for short-term flippers (<5 yr) — other options likely serve them better. TOP 2000 keeps the SSD window in mind for buyers exploring the 3-5 year resale-arbitrage strategy.
Verdict
CHELSEA GARDENS is a freehold development in District 10 (CCR), with 40 units, offering a gross yield of 2.9%.
Explore the full CHELSEA GARDENS dashboard for interactive analytics.
FAQ
What is the average PSF for CHELSEA GARDENS?
Is CHELSEA GARDENS freehold?
What is the rental yield for CHELSEA GARDENS?
Which MRT is nearest to CHELSEA GARDENS?
Sources & Next Steps
- CHELSEA GARDENS Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 10 (Ardmore, Bukit Timah, Holland Road, Tanglin) — District 10 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: 7 transactions
- Rental data: 45 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: May 2024 · 7 records analysed · Source: URA private-sale caveats