INZ RESIDENCE Review

Condo Review 4 min read Last reviewed
District 23 · 99 yrs lease commencing from 2015
~$1,446Avg PSF (12-month)
497Total units
Category Ratings
Walkability
1.8
Investment
6.5
En-Bloc Potential
2.0
ShiokNest Score
3.7

Overview & Key Facts

INZ RESIDENCE is a 99 yrs lease commencing from 2015 condominium at CHOA CHU KANG AVENUE 5 in District 23 (OCR), developed by , comprising 497 units.

Developer
Tenure
99 yrs lease commencing from 2015
Total units
497
TOP year
District
23 — OCR
Street
CHOA CHU KANG AVENUE 5

Location & Connectivity

INZ RESIDENCE is approximately 950m from South View MRT station, with 4 stations within 1.5 km.

MRT stations near INZ RESIDENCE
StationLineDistance
South ViewBukit Panjang LRT950m
Keat HongBukit Panjang LRT1.2 km
Choa Chu KangNorth-South Line1.3 km
Choa Chu KangBukit Panjang LRT1.3 km

Unit Mix & Pricing

Unit mix for INZ RESIDENCE
TypeSalesAvg PSFAvg Price
1 BR15$1,403 psf$966,659
2 BR17$1,417 psf$1,246,333
3 BR110$1,423 psf$1,519,935
4 BR6$1,351 psf$2,308,000

Market Position

INZ RESIDENCE has recorded 148 sales at an average price of $1,464,381.

INZ RESIDENCE sits at the 57th percentile of District 23 condo PSF.
$1,446 psf
Avg PSF (12mo)
$1,464,381
Avg Price
3.1%
Gross Yield
148
Total Sales

Rental Yield by Bedroom Type

Blended yield hides the spread between unit sizes — smaller units at INZ RESIDENCE typically rent harder per dollar of purchase price:

Per-bedroom gross yield at INZ RESIDENCE
TypeAvg RentAvg PriceGross Yield
2 BR$3,436/mo$1,246,3333.31%
3 BR$3,816/mo$1,519,9353.01%
4 BR$4,213/mo$2,308,0002.19%

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Price Appreciation

PSF trend for INZ RESIDENCE
YearSalesAvg PSFYoY
20211$1,060 psf
20232$1,182 psf↑ 11.5%
202475$1,402 psf↑ 18.6%
202556$1,439 psf↑ 2.6%
202614$1,474 psf↑ 2.4%

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The latest reading marks the highest point in this series — INZ RESIDENCE prices have climbed 39.0% since 2021.

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.

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Neighbourhood Comparison

District 23 competitors
CondoTenureAvg PSFSales
SOL ACRES99 yrs lease commencing from 2014$1,389 psf568
MIDWOOD99 yrs lease commencing from 2018$1,736 psf544
LUMINA GRAND99 yrs lease commencing from 2022$1,515 psf512
DAIRY FARM RESIDENCES99 yrs lease commencing from 2018$1,660 psf458
THE MYST99 yrs lease commencing from 2023$2,093 psf390

Who This Actually Suits

This is a strong match for car-owning households, long-term hold (10+ yr) and first-time hdb upgraders. Parking and arterial road access matter more here than walking-distance MRT.

short-term flippers (<5 yr) and foreign / absd-aware buyers should probably look elsewhere. Recent vintage for buyers exploring the 3-5 year resale-arbitrage strategy.

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


Verdict

INZ RESIDENCE is a 99 yrs lease commencing from 2015 development in District 23 (OCR), with 497 units, offering a gross yield of 3.1%.

At ~$1,446 psf, it represents a competitive entry point in the OCR segment.

Explore the full INZ RESIDENCE dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Choa Chu Kang — 4-room average $559,427 (80m away), an upgrader gap of about $900,000
  • Bukit Batok — 4-room average $626,224 (1.2 km away), an upgrader gap of about $850,000

FAQ

What is the average PSF for INZ RESIDENCE?
The 12-month average is approximately $1,446 psf.
Is INZ RESIDENCE freehold?
INZ RESIDENCE has a 99 yrs lease commencing from 2015 tenure.
What is the rental yield for INZ RESIDENCE?
The estimated gross yield is 3.1%.
Which MRT is nearest to INZ RESIDENCE?
The nearest is South View MRT at 950m.

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: 148 transactions
  • Rental data: 47 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 · 148 records analysed · Source: URA private-sale caveats

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