KANDIS RESIDENCE Review

Condo Review 4 min read Last reviewed
District 27 · 99 yrs lease commencing from 2016 · Completed 2021
~$1,351Avg PSF (12-month)
130Total units
Category Ratings
Walkability
0.0
Investment
4.9
En-Bloc Potential
3.0
ShiokNest Score
2.1

Overview & Key Facts

KANDIS RESIDENCE is a 99 yrs lease commencing from 2016 condominium at KANDIS LINK in District 27 (OCR), developed by , comprising 130 units, completed in 2021.

Developer
Tenure
99 yrs lease commencing from 2016
Total units
130
TOP year
2021
District
27 — OCR
Street
KANDIS LINK
Lease remaining
~89 years (of 99)

Location & Connectivity

KANDIS RESIDENCE is located in District 27. Check the dashboard for full transport connectivity data.


Schools & Education

2 schools within 2 km.

Schools near KANDIS RESIDENCE
SchoolTypeDistance
Canberra Primary SchoolPrimary2 km
Canberra Secondary SchoolSecondary2 km

Unit Mix & Pricing

Unit mix for KANDIS RESIDENCE
TypeSalesAvg PSFAvg Price
Studio5$1,463 psf$718,000
2 BR27$1,330 psf$1,070,348
3 BR2$1,449 psf$1,490,000

Market Position

KANDIS RESIDENCE has recorded 34 sales at an average price of $1,043,217.

KANDIS RESIDENCE sits at the 75th percentile of District 27 condo PSF.
$1,351 psf
Avg PSF (12mo)
$1,043,217
Avg Price
3.7%
Gross Yield
34
Total Sales

Rental Yield by Bedroom Type

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

Per-bedroom gross yield at KANDIS RESIDENCE
TypeAvg RentAvg PriceGross Yield
0 BR$2,829/mo$718,0004.73%
2 BR$3,222/mo$1,070,3483.61%
3 BR$3,921/mo$1,490,0003.16%

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Price Appreciation

PSF trend for KANDIS RESIDENCE
YearSalesAvg PSFYoY
20217$1,282 psf
20222$1,550 psf↑ 20.9%
20236$1,370 psf↓ 11.6%
202410$1,366 psf↓ 0.3%
20257$1,361 psf↓ 0.3%
20262$1,313 psf↓ 3.5%

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From the 2022 high, KANDIS RESIDENCE prices have given back 15.2% — still 2.5% above the 2021 baseline.

Price Index Check

The ShiokNest Price Index for District 27 reads 134.7 as of June 2026 — up 2.7% 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 27 competitors
CondoTenureAvg PSFSales
NORTH GAIA99 yrs lease commencing from 2021$1,312 psf615
THE WATERGARDENS AT CANBERRA99 yrs lease commencing from 2020$1,493 psf525
PROVENCE RESIDENCE99 yrs lease commencing from 2020$1,183 psf414
CANBERRA CRESCENT RESIDENCES99 yrs lease commencing from 2024$1,990 psf339
THE VISIONAIRE99 yrs lease commencing from 2015$1,369 psf286

Lease Analysis

With 89 years remaining on its 99-year lease, KANDIS RESIDENCE still qualifies for full bank financing and CPF usage.

What Could Work Against You

  • With just 7 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.

Who This Actually Suits

This is a strong match for car-owning households, quiet sanctuary seekers, long-term hold (10+ yr) and short-term flippers (<5 yr). Suits households with a car who value parking access alongside MRT proximity.

For yield-focused investors, it can work — but weigh the trade-offs before committing.

families with young children and mrt-walkable commuters should probably look elsewhere. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.

One caution flagged here: avoid if mrt-dependent — MRT is ~1694m away — over a 15-minute walk. Daily transit-only commuters should consider better-connected alternatives.


Verdict

KANDIS RESIDENCE is a 99 yrs lease commencing from 2016 development in District 27 (OCR), with 130 units, offering a gross yield of 3.7%.

At ~$1,351 psf, it represents a competitive entry point in the OCR segment.

Explore the full KANDIS RESIDENCE dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Sembawang — 4-room average $616,333 (760m away), an upgrader gap of about $450,000
  • Yishun — 4-room average $561,464 (1.8 km away), an upgrader gap of about $500,000

FAQ

What is the average PSF for KANDIS RESIDENCE?
The 12-month average is approximately $1,351 psf.
Is KANDIS RESIDENCE freehold?
KANDIS RESIDENCE has a 99 yrs lease commencing from 2016 tenure with ~89 years remaining.
What is the rental yield for KANDIS RESIDENCE?
The estimated gross yield is 3.7%.

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: 34 transactions
  • Rental data: 77 leases
  • Source: URA REALIS

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

Data as of May 2026

Latest recorded data point: May 2026 · 34 records analysed · Source: URA private-sale caveats

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