GAO MING HUA YUAN Review

Condo Review 4 min read Last reviewed
District 21 · Freehold · Completed 1990
Avg PSF (12-month)
24Total units
Category Ratings
Investment
1.7
En-Bloc Potential
6.1
ShiokNest Score
5.2

Overview & Key Facts

GAO MING HUA YUAN is a freehold condominium at SHAMAH TERRACE in District 21 (RCR), developed by SIN CHUAN DEVELOPMENT PTE LTD, comprising 24 units, completed in 1990.

Developer
SIN CHUAN DEVELOPMENT PTE LTD
Tenure
Freehold
Total units
24
TOP year
1990
District
21 — RCR
Street
SHAMAH TERRACE

Location & Connectivity

GAO MING HUA YUAN is located in District 21. Check the dashboard for full transport connectivity data.


Market Position

GAO MING HUA YUAN has recorded 4 sales at an average price of $6,600,000.

GAO MING HUA YUAN sits at the 37th percentile of District 21 condo PSF.
Avg PSF (12mo)
$6,600,000
Avg Price
4
Total Sales

Price Appreciation

PSF trend for GAO MING HUA YUAN
YearSalesAvg PSFYoY
20212$1,243 psf
20221$1,424 psf↑ 14.6%
20241$1,998 psf↑ 40.3%

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GAO MING HUA YUAN prices sit at a fresh series high after a 40.3% gain on the prior period, now 60.7% above the 2021 starting level.

Price Index Check

The ShiokNest Price Index for District 21 reads 114.8 as of June 2026 — down 6.0% 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 21 competitors
CondoTenureAvg PSFSales
THE RESERVE RESIDENCES99 yrs lease commencing from 2021$2,494 psf723
NAVA GROVE99 yrs lease commencing from 2024$2,493 psf550
PINETREE HILL99 yrs lease commencing from 2022$2,486 psf519
KI RESIDENCES AT BROOKVALE999 yrs lease commencing from 1885$1,956 psf485
FORETT@BUKIT TIMAHFreehold$2,131 psf358

What Could Work Against You

  • Only 0 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 24 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
  • Completed in 1990, the development is over 36 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

Buyers most likely to be happy here: car-owning households, international school families, sports / active lifestyle and long-term hold (10+ yr). Parking and arterial road access matter more here than walking-distance MRT.

p1 school balloting families, en-bloc speculators and foreign / absd-aware buyers should treat this as a shortlist candidate, not a default choice.

It is a weaker fit for yield-focused investors and short-term flippers (<5 yr) — other options likely serve them better. RCR (Rest of Central Region) location with rental demand profile worth running through our Rental Yield Calculator.

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


Verdict

GAO MING HUA YUAN is a freehold development in District 21 (RCR), with 24 units.

Explore the full GAO MING HUA YUAN dashboard for interactive analytics.

FAQ

What is the average PSF for GAO MING HUA YUAN?
PSF data is not yet available.
Is GAO MING HUA YUAN freehold?
Yes, GAO MING HUA YUAN is a freehold property.
What is the rental yield for GAO MING HUA YUAN?
Insufficient rental data.

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: 4 transactions
  • Rental data: 0 leases
  • Source: URA REALIS

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

Data as of October 2024

Latest recorded data point: Oct 2024 · 4 records analysed · Source: URA private-sale caveats

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