FINLAND GARDENS Review

Condo Review 5 min read Last reviewed
District 15 · Freehold · Completed 1989
~$1,691Avg PSF (12-month)
48Total units
Category Ratings
Walkability
6.0
Investment
4.0
En-Bloc Potential
5.6
ShiokNest Score
3.7

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.

Developer
HIGHLAND DEVELOPMENTS PTE LTD
Tenure
Freehold
Total units
48
TOP year
1989
District
15 — OCR
Street
EAST COAST AVENUE

Location & Connectivity

FINLAND GARDENS is approximately 250m from Siglap MRT station, with 2 stations within 1.5 km.

MRT stations near FINLAND GARDENS
StationLineDistance
SiglapThomson-East Coast Line250m
Marine TerraceThomson-East Coast Line1.3 km

Schools & Education

10 schools within 2 km (3 within 1 km priority zone).

Schools near FINLAND GARDENS
SchoolTypeDistance
East Coast Primary SchoolPrimary170m
Global Indian International School (GIIS East Coast)International170m
Chung Cheng High School (Main)Secondary320m
Victoria SchoolSecondary1.1 km
Victoria Junior CollegeJc1.1 km
Telok Kurau Primary SchoolPrimary1.2 km
Temasek Junior CollegeJc1.5 km
Dunman High SchoolSecondary1.5 km

Unit Mix & Pricing

Unit mix for FINLAND GARDENS
TypeSalesAvg PSFAvg Price
3 BR1$1,611 psf$2,168,000
4 BR5$1,643 psf$2,766,000

Market Position

FINLAND GARDENS has recorded 6 sales at an average price of $2,666,333.

FINLAND GARDENS sits at the 62nd percentile of District 15 condo PSF.
$1,691 psf
Avg PSF (12mo)
$2,666,333
Avg Price
2.2%
Gross Yield
6
Total Sales

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:

Per-bedroom gross yield at FINLAND GARDENS
TypeAvg RentAvg PriceGross Yield
3 BR$3,400/mo$2,168,0001.88%
4 BR$5,019/mo$2,766,0002.18%

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Price Appreciation

PSF trend for FINLAND GARDENS
YearSalesAvg PSFYoY
20221$1,495 psf
20241$1,568 psf↑ 4.9%
20252$1,627 psf↑ 3.8%
20262$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

District 15 competitors
CondoTenureAvg PSFSales
GRAND DUNMAN99 yrs lease commencing from 2022$2,536 psf912
EMERALD OF KATONG99 yrs lease commencing from 2023$2,640 psf844
THE CONTINUUMFreehold$2,790 psf781
TEMBUSU GRAND99 yrs lease commencing from 2022$2,467 psf644
AMBER PARKFreehold$2,548 psf396

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.

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?
The 12-month average is approximately $1,691 psf.
Is FINLAND GARDENS freehold?
Yes, FINLAND GARDENS is a freehold property.
What is the rental yield for FINLAND GARDENS?
The estimated gross yield is 2.2%.
Which MRT is nearest to FINLAND GARDENS?
The nearest is Siglap MRT at 250m.

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: 6 transactions
  • Rental data: 33 leases
  • Source: URA REALIS

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

Data as of June 2026

Latest recorded data point: Jun 2026 · 6 records analysed · Source: URA private-sale caveats

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