Overview & Key Facts
FINLAND GARDENS is a freehold condominium at EAST COAST AVENUE in District 15 (OCR), developed by HIGHLAND DEVELOPMENTS PTE LTD, comprising 48 units, completed in 1989.
Location & Connectivity
FINLAND GARDENS is approximately 250m from Siglap MRT station, with 2 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Siglap | Thomson-East Coast Line | 250m |
| Marine Terrace | Thomson-East Coast Line | 1.3 km |
Schools & Education
10 schools within 2 km (3 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| East Coast Primary School | Primary | 170m |
| Global Indian International School (GIIS East Coast) | International | 170m |
| Chung Cheng High School (Main) | Secondary | 320m |
| Victoria School | Secondary | 1.1 km |
| Victoria Junior College | Jc | 1.1 km |
| Telok Kurau Primary School | Primary | 1.2 km |
| Temasek Junior College | Jc | 1.5 km |
| Dunman High School | Secondary | 1.5 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 3 BR | 1 | $1,611 psf | $2,168,000 |
| 4 BR | 5 | $1,643 psf | $2,766,000 |
Market Position
FINLAND GARDENS has recorded 6 sales at an average price of $2,666,333.
Rental Yield by Bedroom Type
Blended yield hides the spread between unit sizes — smaller units at FINLAND GARDENS typically rent harder per dollar of purchase price:
| Type | Avg Rent | Avg Price | Gross Yield |
|---|---|---|---|
| 3 BR | $3,400/mo | $2,168,000 | 1.88% |
| 4 BR | $5,019/mo | $2,766,000 | 2.18% |
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Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2022 | 1 | $1,495 psf | — |
| 2024 | 1 | $1,568 psf | ↑ 4.9% |
| 2025 | 2 | $1,627 psf | ↑ 3.8% |
| 2026 | 2 | $1,755 psf | ↑ 7.8% |
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FINLAND GARDENS prices sit at a fresh series high after a 7.8% gain on the prior period, now 17.4% above the 2022 starting level.
Price Index Check
The ShiokNest Price Index for District 15 reads 117.7 as of June 2026 — down 9.0% 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 |
|---|---|---|---|
| GRAND DUNMAN | 99 yrs lease commencing from 2022 | $2,536 psf | 912 |
| EMERALD OF KATONG | 99 yrs lease commencing from 2023 | $2,640 psf | 844 |
| THE CONTINUUM | Freehold | $2,790 psf | 781 |
| TEMBUSU GRAND | 99 yrs lease commencing from 2022 | $2,467 psf | 644 |
| AMBER PARK | Freehold | $2,548 psf | 396 |
What Could Work Against You
- Only 3 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 48 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
- Completed in 1989, the development is over 37 years old — budget for rising maintenance, dated M&E systems, and the possibility that value increasingly rests on en-bloc potential rather than the units themselves.
Best suited for
Who This Actually Suits
This is a strong match for mrt-walkable commuters, car-owning households, p1 school balloting families and long-term hold (10+ yr). MRT proximity is the standout commute feature for daily transit users.
heavy renovation / value seekers should treat this as a shortlist candidate, not a default choice.
yield-focused investors and resort facilities should probably look elsewhere. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.
Verdict
FINLAND GARDENS is a freehold development in District 15 (OCR), with 48 units, offering a gross yield of 2.2%.
At ~$1,691 psf, it represents a competitive entry point in the OCR segment.
Explore the full FINLAND GARDENS dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing FINLAND GARDENS against staying public? These HDB towns sit within walking or short-drive distance:
- Marine Parade — 4-room average $648,065 (890m away), an upgrader gap of about $2,000,000
- Geylang — 4-room average $761,443 (1.2 km away), an upgrader gap of about $1,900,000
- Bedok — 4-room average $659,895 (1.4 km away), an upgrader gap of about $2,000,000
FAQ
What is the average PSF for FINLAND GARDENS?
Is FINLAND GARDENS freehold?
What is the rental yield for FINLAND GARDENS?
Which MRT is nearest to FINLAND GARDENS?
Sources & Next Steps
- FINLAND GARDENS Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 15 (Joo Chiat, Amber Road, Katong) — District 15 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: 6 transactions
- Rental data: 33 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jun 2026 · 6 records analysed · Source: URA private-sale caveats