ECO SANCTUARY Review

Condo Review 5 min read Last reviewed
District 23 · 99 yrs lease commencing from 2012 · Completed 2016
~$1,632Avg PSF (12-month)
483Total units
Category Ratings
Walkability
3.7
Investment
5.5
En-Bloc Potential
2.0
ShiokNest Score
4.0

Overview & Key Facts

ECO SANCTUARY is a 99 yrs lease commencing from 2012 condominium at CHESTNUT AVENUE in District 23 (OCR), developed by S P SETIA INTERNATIONAL (S) PTE LTD, comprising 483 units, completed in 2016.

Developer
S P SETIA INTERNATIONAL (S) PTE LTD
Tenure
99 yrs lease commencing from 2012
Total units
483
TOP year
2016
District
23 — OCR
Street
CHESTNUT AVENUE
Lease remaining
~85 years (of 99)

Location & Connectivity

ECO SANCTUARY is approximately 850m from Pending MRT station, with 5 stations within 1.5 km.

MRT stations near ECO SANCTUARY
StationLineDistance
PendingBukit Panjang LRT850m
BangkitBukit Panjang LRT1.1 km
PetirBukit Panjang LRT1.3 km
CashewDowntown Line1.4 km
HillviewDowntown Line1.4 km

Schools & Education

8 schools within 2 km.

Schools near ECO SANCTUARY
SchoolTypeDistance
Bukit Panjang Government High SchoolSecondary1.2 km
Fajar Secondary SchoolSecondary1.5 km
Xishan Primary SchoolPrimary1.5 km
Pei Hwa Presbyterian Primary SchoolPrimary1.5 km
Bukit Panjang Primary SchoolPrimary1.6 km
Springdale Primary SchoolPrimary1.7 km
Zhenghua Primary SchoolPrimary1.8 km
Greenridge Secondary SchoolSecondary1.9 km

Unit Mix & Pricing

Unit mix for ECO SANCTUARY
TypeSalesAvg PSFAvg Price
1 BR45$1,485 psf$972,386
2 BR22$1,467 psf$1,103,076
3 BR41$1,496 psf$1,557,987
4 BR8$1,405 psf$2,103,750

Market Position

ECO SANCTUARY has recorded 116 sales at an average price of $1,282,177.

ECO SANCTUARY sits at the 66th percentile of District 23 condo PSF.
$1,632 psf
Avg PSF (12mo)
$1,282,177
Avg Price
3.2%
Gross Yield
116
Total Sales

Rental Yield by Bedroom Type

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

Per-bedroom gross yield at ECO SANCTUARY
TypeAvg RentAvg PriceGross Yield
1 BR$2,451/mo$972,3863.02%
2 BR$3,183/mo$1,103,0763.46%
3 BR$4,174/mo$1,557,9873.21%
4 BR$5,156/mo$2,103,7502.94%

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Price Appreciation

PSF trend for ECO SANCTUARY
YearSalesAvg PSFYoY
202131$1,331 psf
202224$1,388 psf↑ 4.3%
202324$1,543 psf↑ 11.2%
202421$1,617 psf↑ 4.8%
202512$1,638 psf↑ 1.3%
20264$1,613 psf↓ 1.5%

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The series remains near its 2025 high — ECO SANCTUARY prices sit 21.2% above where they began in 2021.

Price Index Check

The ShiokNest Price Index for District 23 reads 128.2 as of June 2026 — up 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

District 23 competitors
CondoTenureAvg PSFSales
SOL ACRES99 yrs lease commencing from 2014$1,389 psf568
MIDWOOD99 yrs lease commencing from 2018$1,736 psf544
LUMINA GRAND99 yrs lease commencing from 2022$1,515 psf512
DAIRY FARM RESIDENCES99 yrs lease commencing from 2018$1,660 psf458
THE MYST99 yrs lease commencing from 2023$2,093 psf390

Lease Analysis

With 85 years remaining on its 99-year lease, ECO SANCTUARY still qualifies for full bank financing and CPF usage.

What Could Work Against You

  • With just 9 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.

Who This Actually Suits

This is a strong match for car-owning households, nature / park-fronting, long-term hold (10+ yr) and first-time hdb upgraders. Parking and arterial road access matter more here than walking-distance MRT.

wfh / hybrid workers and yield-focused investors should treat this as a shortlist candidate, not a default choice.

It is a weaker fit for short-term flippers (<5 yr) — other options likely serve them better. TOP 2016 keeps the SSD window in mind for buyers exploring the 3-5 year resale-arbitrage strategy.

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


Verdict

ECO SANCTUARY is a 99 yrs lease commencing from 2012 development in District 23 (OCR), with 483 units, offering a gross yield of 3.2%.

At ~$1,632 psf, it represents a competitive entry point in the OCR segment.

Explore the full ECO SANCTUARY dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Bukit Panjang — 4-room average $581,903 (200m away), an upgrader gap of about $700,000

FAQ

What is the average PSF for ECO SANCTUARY?
The 12-month average is approximately $1,632 psf.
Is ECO SANCTUARY freehold?
ECO SANCTUARY has a 99 yrs lease commencing from 2012 tenure with ~85 years remaining.
What is the rental yield for ECO SANCTUARY?
The estimated gross yield is 3.2%.
Which MRT is nearest to ECO SANCTUARY?
The nearest is Pending MRT at 850m.

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: 116 transactions
  • Rental data: 398 leases
  • Source: URA REALIS

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

Data as of April 2026

Latest recorded data point: Apr 2026 · 116 records analysed · Source: URA private-sale caveats

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