GILSTEAD COURT Review

Condo Review 5 min read Last reviewed
District 11 · Freehold · Completed 1978
~$2,048Avg PSF (12-month)
3Total units
Category Ratings
Walkability
6.0
Investment
4.5
En-Bloc Potential
7.2
ShiokNest Score
5.9

Overview & Key Facts

GILSTEAD COURT is a freehold condominium at GILSTEAD ROAD in District 11 (CCR), developed by UNITED OVERSEAS DEVELOPMENT PTE LTD, comprising 3 units, completed in 1978.

Developer
UNITED OVERSEAS DEVELOPMENT PTE LTD
Tenure
Freehold
Total units
3
TOP year
1978
District
11 — CCR
Street
GILSTEAD ROAD

Location & Connectivity

GILSTEAD COURT is approximately 530m from Novena MRT station, with 4 stations within 1.5 km.

MRT stations near GILSTEAD COURT
StationLineDistance
NovenaNorth-South Line530m
NewtonNorth-South Line550m
NewtonDowntown Line550m
Mount PleasantThomson-East Coast Line1.1 km

Schools & Education

15 schools within 2 km (5 within 1 km priority zone).

Schools near GILSTEAD COURT
SchoolTypeDistance
Singapore Chinese Girls' School (Primary)Primary430m
Anglo-Chinese School (Primary)Primary550m
St. Joseph's InstitutionSecondary690m
St. Margaret's Primary SchoolPrimary750m
St. Margaret's Secondary SchoolSecondary810m
CHIJ Our Lady Queen of PeacePrimary1.1 km
New Town Primary SchoolPrimary1.2 km
St. Anthony's Primary SchoolPrimary1.3 km

Market Position

GILSTEAD COURT has recorded 6 sales at an average price of $2,704,667.

GILSTEAD COURT sits at the 60th percentile of District 11 condo PSF.
$2,048 psf
Avg PSF (12mo)
$2,704,667
Avg Price
1.9%
Gross Yield
6
Total Sales

Price Appreciation

PSF trend for GILSTEAD COURT
YearSalesAvg PSFYoY
20212$1,783 psf
20221$1,913 psf↑ 7.3%
20231$1,944 psf↑ 1.7%
20241$1,908 psf↓ 1.9%
20251$2,048 psf↑ 7.3%

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The latest reading marks the highest point in this series — GILSTEAD COURT prices have climbed 14.9% since 2021.

Price Index Check

The ShiokNest Price Index for District 11 reads 121.2 as of June 2026 — up 1.7% 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 11 competitors
CondoTenureAvg PSFSales
PULLMAN RESIDENCES NEWTONFreehold$3,074 psf288
WATTEN HOUSEFreehold$3,236 psf180
SOLEIL @ SINARAN99 yrs lease commencing from 2006$1,979 psf96
PEAK RESIDENCEFreehold$2,489 psf90
AMARYLLIS VILLE99 yrs lease commencing from 1997$1,909 psf74

What Could Work Against You

  • With just 0 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 3-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.
  • At 48+ years of age, upkeep costs trend upward and renovation budgets matter; some owners here are effectively holding an en-bloc option.

Who This Actually Suits

This is a strong match for car-owning households, p1 school balloting families, long-term hold (10+ yr) and en-bloc speculators. At ~533m from the nearest MRT, this property suits households with a car who value arterial road access over transit proximity.

international school families 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 — other options likely serve them better. CCR (Core Central Region) location with rental demand profile worth running through our Rental Yield Calculator.


Verdict

GILSTEAD COURT is a freehold development in District 11 (CCR), with 3 units, offering a gross yield of 1.9%.

At ~$2,048 psf, it reflects its premium CCR positioning.

Explore the full GILSTEAD COURT dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Kallang/whampoa — 4-room average $882,887 (900m away), an upgrader gap of about $1,800,000
  • Toa Payoh — 4-room average $929,793 (1.3 km away), an upgrader gap of about $1,750,000
  • Central Area — 4-room average $1,088,814 (1.8 km away), an upgrader gap of about $1,600,000

FAQ

What is the average PSF for GILSTEAD COURT?
The 12-month average is approximately $2,048 psf.
Is GILSTEAD COURT freehold?
Yes, GILSTEAD COURT is a freehold property.
What is the rental yield for GILSTEAD COURT?
The estimated gross yield is 1.9%.
Which MRT is nearest to GILSTEAD COURT?
The nearest is Novena MRT at 530m.

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: 72 leases
  • Source: URA REALIS

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

Data as of June 2025

Latest recorded data point: Jun 2025 · 6 records analysed · Source: URA private-sale caveats

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