Overview & Key Facts
FUYONG ESTATE is a 99 yrs lease commencing from 1947 condominium at JALAN ASAS in District 23 (OCR), developed by .
Location & Connectivity
FUYONG ESTATE is approximately 530m from Hillview MRT station, with 3 stations within 1.5 km.
Schools & Education
2 schools within 2 km.
| School | Type | Distance |
|---|---|---|
| Bukit View Primary School | Primary | 1.4 km |
| Princess Elizabeth Primary School | Primary | 1.9 km |
Market Position
FUYONG ESTATE has recorded 18 sales at an average price of $1,121,210.
Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2022 | 8 | $304 psf | — |
| 2023 | 3 | $327 psf | ↑ 7.4% |
| 2024 | 2 | $260 psf | ↓ 20.6% |
| 2025 | 3 | $301 psf | ↑ 15.8% |
| 2026 | 2 | $262 psf | ↓ 12.7% |
Loading chart data...
FUYONG ESTATE prices have cooled 19.7% from the 2023 peak, yet remain 13.8% below where the series began in 2022.
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.
Loading chart data...
Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| SOL ACRES | 99 yrs lease commencing from 2014 | $1,389 psf | 568 |
| MIDWOOD | 99 yrs lease commencing from 2018 | $1,736 psf | 544 |
| LUMINA GRAND | 99 yrs lease commencing from 2022 | $1,515 psf | 512 |
| DAIRY FARM RESIDENCES | 99 yrs lease commencing from 2018 | $1,660 psf | 458 |
| THE MYST | 99 yrs lease commencing from 2023 | $2,093 psf | 390 |
What Could Work Against You
- With roughly 20 years left on the lease, financing restrictions begin to bite: CPF usage tightens and banks trim loan tenures, which shrinks the future buyer pool.
- Only 4 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.
Best suited for
Who This Actually Suits
Buyers most likely to be happy here: car-owning households and nature / park-fronting. At ~530m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.
yield-focused investors and en-bloc speculators should treat this as a shortlist candidate, not a default choice.
long-term hold (10+ yr), first-time hdb upgraders and cpf-only buyers should probably look elsewhere. Tenure and location resilience suit long-horizon ownership.
Verdict
FUYONG ESTATE is a 99 yrs lease commencing from 1947 development in District 23 (OCR), offering a gross yield of 5.1%.
At ~$285 psf, it represents a competitive entry point in the OCR segment.
Explore the full FUYONG ESTATE dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing FUYONG ESTATE against staying public? These HDB towns sit within walking or short-drive distance:
- Bukit Batok — 4-room average $626,224 (1.2 km away), an upgrader gap of about $500,000
- Bukit Panjang — 4-room average $581,903 (1.7 km away), an upgrader gap of about $550,000
FAQ
What is the average PSF for FUYONG ESTATE?
Is FUYONG ESTATE freehold?
What is the rental yield for FUYONG ESTATE?
Which MRT is nearest to FUYONG ESTATE?
Sources & Next Steps
- FUYONG ESTATE Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 23 (Choa Chu Kang, Dairy Farm, Hillview, Bukit Panjang) — District 23 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: 18 transactions
- Rental data: 52 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Jun 2026 · 18 records analysed · Source: URA private-sale caveats