Overview & Key Facts
ECHELON is a 99 yrs lease commencing from 2012 condominium at ALEXANDRA VIEW in District 3 (RCR), developed by FRESHVIEW DEVELOPMENTS PTE LTD, comprising 508 units, completed in 2016.
Location & Connectivity
ECHELON is approximately 190m from Redhill MRT station, with 3 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Redhill | East-West Line | 190m |
| Tiong Bahru | East-West Line | 1.1 km |
| Queenstown | East-West Line | 1.4 km |
Schools & Education
14 schools within 2 km (6 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| River Valley Primary School | Primary | 390m |
| Henderson Secondary School | Secondary | 450m |
| CHIJ (Kellock) | Primary | 610m |
| Bukit Merah Secondary School | Secondary | 730m |
| Gan Eng Seng Primary School | Primary | 910m |
| Gan Eng Seng School | Secondary | 970m |
| Radin Mas Primary School | Primary | 1.3 km |
| Crescent Girls' School | Secondary | 1.3 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| Studio | 28 | $2,124 psf | $959,992 |
| 2 BR | 71 | $2,165 psf | $1,654,577 |
| 3 BR | 29 | $1,993 psf | $2,257,109 |
| 4 BR | 22 | $1,893 psf | $2,893,091 |
| 5+ BR | 1 | $1,359 psf | $5,500,000 |
Market Position
ECHELON has recorded 151 sales at an average price of $1,847,410.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at ECHELON typically rent harder per dollar of purchase price:
| Type | Avg Rent | Avg Price | Gross Yield |
|---|---|---|---|
| 2 BR | $4,667/mo | $1,654,577 | 3.38% |
| 3 BR | $6,352/mo | $2,257,109 | 3.38% |
| 4 BR | $7,977/mo | $2,893,091 | 3.31% |
| 5 BR | $19,000/mo | $5,500,000 | 4.15% |
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Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 29 | $1,881 psf | — |
| 2022 | 27 | $1,988 psf | ↑ 5.7% |
| 2023 | 29 | $2,132 psf | ↑ 7.2% |
| 2024 | 29 | $2,184 psf | ↑ 2.5% |
| 2025 | 21 | $2,127 psf | ↓ 2.6% |
| 2026 | 16 | $2,241 psf | ↑ 5.4% |
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ECHELON prices sit at a fresh series high after a 5.4% gain on the prior period, now 19.1% above the 2021 starting level.
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 85 years remaining on its 99-year lease, ECHELON still qualifies for full bank financing and CPF usage.
Best suited for
Who This Actually Suits
Buyers most likely to be happy here: families with young children, mrt-walkable commuters, yield-focused investors and long-term hold (10+ yr). Family-suitable layout and RCR (Rest of Central Region) location with established school catchments nearby.
en-bloc speculators should probably look elsewhere. Older site profile in an en-bloc-active cluster — speculative upside if collective sale activates.
Verdict
ECHELON is a 99 yrs lease commencing from 2012 development in District 3 (RCR), with 508 units, offering a gross yield of 3.4%.
At ~$2,177 psf, it sits at a city-fringe price point balancing accessibility and value.
Explore the full ECHELON dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing ECHELON against staying public? These HDB towns sit within walking or short-drive distance:
- Bukit Merah — 4-room average $894,787 (240m away), an upgrader gap of about $950,000
- Queenstown — 4-room average $1,002,705 (360m away), an upgrader gap of about $850,000
FAQ
What is the average PSF for ECHELON?
Is ECHELON freehold?
What is the rental yield for ECHELON?
Which MRT is nearest to ECHELON?
Sources & Next Steps
- ECHELON 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: 151 transactions
- Rental data: 931 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jun 2026 · 151 records analysed · Source: URA private-sale caveats