PHOENIX HEIGHTS Review

Condo Review 4 min read Last reviewed
District 23 · Freehold
~$1,936Avg PSF (12-month)
Total units
Category Ratings
Walkability
5.5
Investment
5.4
En-Bloc Potential
1.7
ShiokNest Score
3.3

Overview & Key Facts

PHOENIX HEIGHTS is a freehold condominium at PHOENIX GARDEN in District 23 (OCR), developed by .

Developer
Tenure
Freehold
Total units
TOP year
District
23 — OCR
Street
PHOENIX GARDEN

Location & Connectivity

PHOENIX HEIGHTS is approximately 230m from Phoenix MRT station, with 11 stations within 1.5 km.

MRT stations near PHOENIX HEIGHTS
StationLineDistance
PhoenixBukit Panjang LRT230m
Ten Mile JunctionBukit Panjang LRT440m
Teck WhyeBukit Panjang LRT520m
Bukit PanjangDowntown Line530m
Bukit PanjangBukit Panjang LRT530m
SenjaBukit Panjang LRT810m

Schools & Education

12 schools within 2 km (2 within 1 km priority zone).

Schools near PHOENIX HEIGHTS
SchoolTypeDistance
Pei Hwa Presbyterian Primary SchoolPrimary650m
Unity Primary SchoolPrimary860m
Springdale Primary SchoolPrimary1 km
West Spring Secondary SchoolSecondary1.2 km
West Spring Primary SchoolPrimary1.2 km
Greenridge Secondary SchoolSecondary1.3 km
Fajar Secondary SchoolSecondary1.3 km
Bukit Panjang Primary SchoolPrimary1.3 km

Unit Mix & Pricing

Unit mix for PHOENIX HEIGHTS
TypeSalesAvg PSFAvg Price
4 BR2$1,602 psf$2,885,000
5+ BR10$1,337 psf$5,287,400

Market Position

PHOENIX HEIGHTS has recorded 12 sales at an average price of $4,887,000.

PHOENIX HEIGHTS sits at the 50th percentile of District 23 condo PSF.
$1,936 psf
Avg PSF (12mo)
$4,887,000
Avg Price
4.2%
Gross Yield
12
Total Sales

Price Appreciation

PSF trend for PHOENIX HEIGHTS
YearSalesAvg PSFYoY
20214$1,168 psf
20223$1,194 psf↑ 2.2%
20242$1,255 psf↑ 5.1%
20252$2,011 psf↑ 60.3%
20261$1,787 psf↓ 11.2%

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From the 2025 high, PHOENIX HEIGHTS prices have given back 11.2% — still 52.9% above the 2021 baseline.

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

What Could Work Against You

  • With just 2 sales in the trailing year, pricing signals are indicative rather than definitive; expect wider bid-ask spreads when you negotiate.

Who This Actually Suits

The profile fits mrt-walkable commuters, long-term hold (10+ yr), en-bloc speculators and freehold / generational hold best. Located ~232m from Phoenix MRT, this property is a comfortable daily walk for transit commuters.

sea-view / waterfront 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 and cpf-only buyers — other options likely serve them better. OCR (Outside Central Region) location with rental demand profile worth running through our Rental Yield Calculator.


Verdict

PHOENIX HEIGHTS is a freehold development in District 23 (OCR), offering a gross yield of 4.2%.

At ~$1,936 psf, it represents a competitive entry point in the OCR segment.

Explore the full PHOENIX HEIGHTS dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Choa Chu Kang — 4-room average $559,427 (240m away), an upgrader gap of about $4,350,000
  • Bukit Panjang — 4-room average $581,903 (530m away), an upgrader gap of about $4,300,000
  • Bukit Batok — 4-room average $626,224 (1.3 km away), an upgrader gap of about $4,250,000

FAQ

What is the average PSF for PHOENIX HEIGHTS?
The 12-month average is approximately $1,936 psf.
Is PHOENIX HEIGHTS freehold?
Yes, PHOENIX HEIGHTS is a freehold property.
What is the rental yield for PHOENIX HEIGHTS?
The estimated gross yield is 4.2%.
Which MRT is nearest to PHOENIX HEIGHTS?
The nearest is Phoenix MRT at 230m.

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: 12 transactions
  • Rental data: 1 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 · 12 records analysed · Source: URA private-sale caveats

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