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.
Location & Connectivity
EASTWOOD CENTRE is approximately 400m from Sungei Bedok MRT station, with 3 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Sungei Bedok | Thomson-East Coast Line | 400m |
| Bedok South | Thomson-East Coast Line | 1.1 km |
| Tanah Merah | East-West Line | 1.2 km |
Schools & Education
11 schools within 2 km (2 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Bedok View Secondary School | Secondary | 710m |
| Fengshan Primary School | Primary | 980m |
| Ping Yi Secondary School | Secondary | 1 km |
| Bedok Green Primary School | Primary | 1.1 km |
| Yu Neng Primary School | Primary | 1.1 km |
| Bedok South Secondary School | Secondary | 1.1 km |
| Overseas Family School | International | 1.4 km |
| Park View Primary School | Primary | 1.5 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 2 BR | 2 | $999 psf | $925,000 |
| 3 BR | 5 | $1,063 psf | $1,191,600 |
| 4 BR | 7 | $978 psf | $1,422,698 |
| 5+ BR | 3 | $772 psf | $2,346,667 |
Market Position
EASTWOOD CENTRE has recorded 17 sales at an average price of $1,459,229.
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:
| Type | Avg Rent | Avg Price | Gross Yield |
|---|---|---|---|
| 2 BR | $3,492/mo | $925,000 | 4.53% |
| 3 BR | $3,900/mo | $1,191,600 | 3.93% |
| 4 BR | $3,500/mo | $1,422,698 | 2.95% |
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Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 2 | $723 psf | — |
| 2022 | 5 | $942 psf | ↑ 30.2% |
| 2023 | 2 | $860 psf | ↓ 8.6% |
| 2024 | 3 | $1,059 psf | ↑ 23.1% |
| 2025 | 4 | $1,085 psf | ↑ 2.5% |
| 2026 | 1 | $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
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| PINERY RESIDENCES | 99 years leasehold | $2,551 psf | 551 |
| VELA BAY | 99 years leasehold | $2,869 psf | 371 |
| SCENECA RESIDENCE | 99 yrs lease commencing from 2021 | $2,085 psf | 270 |
| THE BAYSHORE | 99-year leasehold | $1,237 psf | 251 |
| THE GLADES | 99 yrs lease commencing from 2013 | $1,615 psf | 230 |
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.
Best suited for
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?
Is EASTWOOD CENTRE freehold?
What is the rental yield for EASTWOOD CENTRE?
Which MRT is nearest to EASTWOOD CENTRE?
Sources & Next Steps
- EASTWOOD CENTRE Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 16 (Bedok, Upper East Coast, Eastwood, Kew Drive) — District 16 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: 17 transactions
- Rental data: 24 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: May 2026 · 17 records analysed · Source: URA private-sale caveats