EASTWOOD CENTRE Review

Condo Review 5 min read Last reviewed
District 16 · 99 yrs lease commencing from 1995 · Completed 1998
~$1,084Avg PSF (12-month)
48Total units
Category Ratings
Walkability
6.3
Investment
6.1
En-Bloc Potential
5.8
ShiokNest Score
4.4

Overview & Key Facts

EASTWOOD CENTRE is a 99 yrs lease commencing from 1995 condominium at EASTWOOD ROAD in District 16 (OCR), developed by HO BEE (EASTWOOD PARK) PTE LTD, comprising 48 units, completed in 1998.

Developer
HO BEE (EASTWOOD PARK) PTE LTD
Tenure
99 yrs lease commencing from 1995
Total units
48
TOP year
1998
District
16 — OCR
Street
EASTWOOD ROAD
Lease remaining
~68 years (of 99)

Location & Connectivity

EASTWOOD CENTRE is approximately 400m from Sungei Bedok MRT station, with 3 stations within 1.5 km.

MRT stations near EASTWOOD CENTRE
StationLineDistance
Sungei BedokThomson-East Coast Line400m
Bedok SouthThomson-East Coast Line1.1 km
Tanah MerahEast-West Line1.2 km

Schools & Education

11 schools within 2 km (2 within 1 km priority zone).

Schools near EASTWOOD CENTRE
SchoolTypeDistance
Bedok View Secondary SchoolSecondary710m
Fengshan Primary SchoolPrimary980m
Ping Yi Secondary SchoolSecondary1 km
Bedok Green Primary SchoolPrimary1.1 km
Yu Neng Primary SchoolPrimary1.1 km
Bedok South Secondary SchoolSecondary1.1 km
Overseas Family SchoolInternational1.4 km
Park View Primary SchoolPrimary1.5 km

Unit Mix & Pricing

Unit mix for EASTWOOD CENTRE
TypeSalesAvg PSFAvg Price
2 BR2$999 psf$925,000
3 BR5$1,063 psf$1,191,600
4 BR7$978 psf$1,422,698
5+ BR3$772 psf$2,346,667

Market Position

EASTWOOD CENTRE has recorded 17 sales at an average price of $1,459,229.

EASTWOOD CENTRE sits at the 8th percentile of District 16 condo PSF.
$1,084 psf
Avg PSF (12mo)
$1,459,229
Avg Price
3.0%
Gross Yield
17
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at EASTWOOD CENTRE typically rent harder per dollar of purchase price:

Per-bedroom gross yield at EASTWOOD CENTRE
TypeAvg RentAvg PriceGross Yield
2 BR$3,492/mo$925,0004.53%
3 BR$3,900/mo$1,191,6003.93%
4 BR$3,500/mo$1,422,6982.95%

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Price Appreciation

PSF trend for EASTWOOD CENTRE
YearSalesAvg PSFYoY
20212$723 psf
20225$942 psf↑ 30.2%
20232$860 psf↓ 8.6%
20243$1,059 psf↑ 23.1%
20254$1,085 psf↑ 2.5%
20261$1,080 psf↓ 0.5%

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The series remains near its 2025 high — EASTWOOD CENTRE prices sit 49.4% above where they began in 2021.

Price Index Check

The ShiokNest Price Index for District 16 reads 130.8 as of June 2026 — up 7.1% 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 16 competitors
CondoTenureAvg PSFSales
PINERY RESIDENCES99 years leasehold$2,551 psf551
VELA BAY99 years leasehold$2,869 psf371
SCENECA RESIDENCE99 yrs lease commencing from 2021$2,085 psf270
THE BAYSHORE99-year leasehold$1,237 psf251
THE GLADES99 yrs lease commencing from 2013$1,615 psf230

Lease Analysis

With 68 years remaining on its 99-year lease, EASTWOOD CENTRE still qualifies for full bank financing and CPF usage.

What Could Work Against You

  • The remaining lease of roughly 68 years is comfortable today, though long-horizon owners will sell into a progressively lease-sensitive market.
  • With just 3 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 48-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.

Who This Actually Suits

The profile fits mrt-walkable commuters, long-term hold (10+ yr), en-bloc speculators and cpf-only buyers best. Located ~405m from Sungei Bedok MRT, this property is a comfortable daily walk for transit commuters.

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


Verdict

EASTWOOD CENTRE is a 99 yrs lease commencing from 1995 development in District 16 (OCR), with 48 units, offering a gross yield of 3.0%.

At ~$1,084 psf, it represents a competitive entry point in the OCR segment.

Explore the full EASTWOOD CENTRE dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Bedok — 4-room average $659,895 (950m away), an upgrader gap of about $800,000

FAQ

What is the average PSF for EASTWOOD CENTRE?
The 12-month average is approximately $1,084 psf.
Is EASTWOOD CENTRE freehold?
EASTWOOD CENTRE has a 99 yrs lease commencing from 1995 tenure with ~68 years remaining.
What is the rental yield for EASTWOOD CENTRE?
The estimated gross yield is 3.0%.
Which MRT is nearest to EASTWOOD CENTRE?
The nearest is Sungei Bedok MRT at 400m.

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: 17 transactions
  • Rental data: 24 leases
  • Source: URA REALIS

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

Data as of May 2026

Latest recorded data point: May 2026 · 17 records analysed · Source: URA private-sale caveats

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