GILSTEAD TWO Review

Condo Review 4 min read Last reviewed
District 11 · Freehold · Completed 2014
~$2,080Avg PSF (12-month)
110Total units
Category Ratings
Walkability
8.6
Investment
4.6
En-Bloc Potential
4.0
ShiokNest Score
4.7

Overview & Key Facts

GILSTEAD TWO is a freehold condominium at GILSTEAD ROAD in District 11 (CCR), developed by CHEDSTONE INVESTMENT HOLDINGS PTE LTD, comprising 110 units, completed in 2014.

Developer
CHEDSTONE INVESTMENT HOLDINGS PTE LTD
Tenure
Freehold
Total units
110
TOP year
2014
District
11 — CCR
Street
GILSTEAD ROAD

Location & Connectivity

GILSTEAD TWO is approximately 140m from Newton MRT station, with 8 stations within 1.5 km.

MRT stations near GILSTEAD TWO
StationLineDistance
NewtonNorth-South Line140m
NewtonDowntown Line140m
NovenaNorth-South Line850m
Mount PleasantThomson-East Coast Line1.4 km
OrchardNorth-South Line1.4 km
OrchardThomson-East Coast Line1.4 km

Schools & Education

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

Schools near GILSTEAD TWO
SchoolTypeDistance
Singapore Chinese Girls' School (Primary)Primary290m
Anglo-Chinese School (Primary)Primary350m
St. Margaret's Primary SchoolPrimary610m
St. Margaret's Secondary SchoolSecondary690m
St. Anthony's Primary SchoolPrimary870m
St. Joseph's InstitutionSecondary1 km
ACS (Junior)Primary1.2 km
CHIJ Our Lady Queen of PeacePrimary1.2 km

Market Position

GILSTEAD TWO has recorded 18 sales at an average price of $1,840,056.

GILSTEAD TWO sits at the 80th percentile of District 11 condo PSF.
$2,080 psf
Avg PSF (12mo)
$1,840,056
Avg Price
2.9%
Gross Yield
18
Total Sales

Price Appreciation

PSF trend for GILSTEAD TWO
YearSalesAvg PSFYoY
20213$1,999 psf
20221$2,323 psf↑ 16.2%
20236$2,270 psf↓ 2.3%
20245$2,244 psf↓ 1.1%
20252$2,024 psf↓ 9.8%
20261$2,194 psf↑ 8.4%

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GILSTEAD TWO prices have cooled 5.6% from the 2022 peak, yet remain 9.7% above where the series began in 2021. The most recent period recovered 8.4%, so the pullback may be finding a floor.

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

  • Only 2 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.

Who This Actually Suits

Buyers most likely to be happy here: mrt-walkable commuters, international school families, yield-focused investors and long-term hold (10+ yr). Located ~141m from Newton MRT, this property is a comfortable daily walk for transit commuters.

For foreign / absd-aware buyers, it can work — but weigh the trade-offs before committing.

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


Verdict

GILSTEAD TWO is a freehold development in District 11 (CCR), with 110 units, offering a gross yield of 2.9%.

At ~$2,080 psf, it reflects its premium CCR positioning.

Explore the full GILSTEAD TWO dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Kallang/whampoa — 4-room average $882,887 (1.1 km away), an upgrader gap of about $950,000
  • Central Area — 4-room average $1,088,814 (1.6 km away), an upgrader gap of about $750,000
  • Toa Payoh — 4-room average $929,793 (1.7 km away), an upgrader gap of about $900,000

FAQ

What is the average PSF for GILSTEAD TWO?
The 12-month average is approximately $2,080 psf.
Is GILSTEAD TWO freehold?
Yes, GILSTEAD TWO is a freehold property.
What is the rental yield for GILSTEAD TWO?
The estimated gross yield is 2.9%.
Which MRT is nearest to GILSTEAD TWO?
The nearest is Newton MRT at 140m.

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: 18 transactions
  • Rental data: 280 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 · 18 records analysed · Source: URA private-sale caveats

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