GREENRIDGE Review

Condo Review 4 min read Last reviewed
District 21 · Freehold · Completed 1987
Avg PSF (12-month)
73Total units
Category Ratings
Walkability
3.3
Investment
2.4
En-Bloc Potential
6.1
ShiokNest Score
4.6

Overview & Key Facts

GREENRIDGE is a freehold condominium at GREENRIDGE CRESCENT in District 21 (RCR), developed by GREENRIDGE DEVELOPMENT PTE LTD, comprising 73 units, completed in 1987.

Developer
GREENRIDGE DEVELOPMENT PTE LTD
Tenure
Freehold
Total units
73
TOP year
1987
District
21 — RCR
Street
GREENRIDGE CRESCENT

Location & Connectivity

GREENRIDGE is approximately 1370m from Beauty World MRT station.

MRT stations near GREENRIDGE
StationLineDistance
Beauty WorldDowntown Line1.4 km

Schools & Education

8 schools within 2 km.

Schools near GREENRIDGE
SchoolTypeDistance
Ngee Ann PolytechnicTertiary1.1 km
Anglo-Chinese Junior CollegeJc1.2 km
Nan Hua High SchoolSecondary1.3 km
Singapore University of Social SciencesTertiary1.3 km
Henry Park Primary SchoolPrimary1.4 km
One World International School (Nanyang)International1.5 km
Nan Hua Primary SchoolPrimary1.5 km
Pei Tong Primary SchoolPrimary1.8 km

Unit Mix & Pricing

Unit mix for GREENRIDGE
TypeSalesAvg PSFAvg Price
4 BR2$2,138 psf$3,900,000
5+ BR7$1,585 psf$5,367,143

Market Position

GREENRIDGE has recorded 9 sales at an average price of $5,041,111.

GREENRIDGE sits at the 59th percentile of District 21 condo PSF.
Avg PSF (12mo)
$5,041,111
Avg Price
1.3%
Gross Yield
9
Total Sales

Price Appreciation

PSF trend for GREENRIDGE
YearSalesAvg PSFYoY
20213$1,356 psf
20222$1,959 psf↑ 44.4%
20231$1,486 psf↓ 24.1%
20243$1,967 psf↑ 32.3%

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The latest reading marks the highest point in this series — GREENRIDGE prices have climbed 45.0% since 2021.

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

  • With just 0 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.
  • The 73-unit size cuts both ways: exclusivity, but thinner resale liquidity and higher per-unit maintenance contributions than larger estates.
  • At 39+ 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

Buyers most likely to be happy here: multi-generational families, car-owning households and freehold / generational hold. Larger unit configurations or dual-key layouts make this viable for 3-generation households.

For nature / park-fronting and en-bloc speculators, it can work — but weigh the trade-offs before committing.

It is a weaker fit for yield-focused investors — 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

GREENRIDGE is a freehold development in District 21 (RCR), with 73 units, offering a gross yield of 1.3%.

Explore the full GREENRIDGE dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Central Area — 4-room average $1,088,814 (630m away), an upgrader gap of about $3,950,000
  • Bukit Timah — 4-room average $846,049 (760m away), an upgrader gap of about $4,200,000
  • Clementi — 4-room average $838,557 (1.2 km away), an upgrader gap of about $4,200,000

FAQ

What is the average PSF for GREENRIDGE?
PSF data is not yet available.
Is GREENRIDGE freehold?
Yes, GREENRIDGE is a freehold property.
What is the rental yield for GREENRIDGE?
The estimated gross yield is 1.3%.
Which MRT is nearest to GREENRIDGE?
The nearest is Beauty World MRT at 1.4 km.

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: 9 transactions
  • Rental data: 11 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 · 9 records analysed · Source: URA private-sale caveats

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