ST NICHOLAS VIEW Review

Condo Review 5 min read Last reviewed
District 20 · 99 yrs lease commencing from 1995 · Completed 1999
~$1,769Avg PSF (12-month)
84Total units
Category Ratings
Walkability
5.3
Investment
5.6
En-Bloc Potential
5.8
ShiokNest Score
4.0

Overview & Key Facts

ST NICHOLAS VIEW is a 99 yrs lease commencing from 1995 condominium at ST. NICHOLAS VIEW in District 20 (OCR), developed by BUKIT SEMBAWANG VIEW PTE LTD (BUKIT SEMBAWANG ESTATES LIMITED), comprising 84 units, completed in 1999.

Developer
BUKIT SEMBAWANG VIEW PTE LTD (BUKIT SEMBAWANG ESTATES LIMITED)
Tenure
99 yrs lease commencing from 1995
Total units
84
TOP year
1999
District
20 — OCR
Street
ST. NICHOLAS VIEW
Lease remaining
~68 years (of 99)

Location & Connectivity

ST NICHOLAS VIEW is approximately 550m from Mayflower MRT station, with 3 stations within 1.5 km.

MRT stations near ST NICHOLAS VIEW
StationLineDistance
MayflowerThomson-East Coast Line550m
Bright HillThomson-East Coast Line1 km
LentorThomson-East Coast Line1.4 km

Schools & Education

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

Schools near ST NICHOLAS VIEW
SchoolTypeDistance
Jing Shan Primary SchoolPrimary410m
Peirce Secondary SchoolSecondary450m
Mayflower Primary SchoolPrimary500m
Ang Mo Kio Secondary SchoolSecondary770m
Ang Mo Kio Primary SchoolPrimary810m
Yio Chu Kang Primary SchoolPrimary1.2 km
Yio Chu Kang Secondary SchoolSecondary1.2 km
Singapore American SchoolInternational1.4 km

Unit Mix & Pricing

Unit mix for ST NICHOLAS VIEW
TypeSalesAvg PSFAvg Price
4 BR14$1,421 psf$2,353,421
5+ BR5$1,078 psf$2,543,000

Market Position

ST NICHOLAS VIEW has recorded 19 sales at an average price of $2,403,310.

ST NICHOLAS VIEW sits at the 20th percentile of District 20 condo PSF.
$1,769 psf
Avg PSF (12mo)
$2,403,310
Avg Price
3.4%
Gross Yield
19
Total Sales

Price Appreciation

PSF trend for ST NICHOLAS VIEW
YearSalesAvg PSFYoY
20218$1,124 psf
20222$1,162 psf↑ 3.4%
20232$1,549 psf↑ 33.3%
20245$1,467 psf↓ 5.3%
20251$1,680 psf↑ 14.5%
20261$1,858 psf↑ 10.6%

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ST NICHOLAS VIEW prices sit at a fresh series high after a 10.6% gain on the prior period, now 65.3% above the 2021 starting level.

Price Index Check

The ShiokNest Price Index for District 20 reads 143.5 as of June 2026 — up 4.6% 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 20 competitors
CondoTenureAvg PSFSales
AMO RESIDENCE99 yrs lease commencing from 2021$2,152 psf409
JADESCAPE99 yrs lease commencing from 2018$2,107 psf386
THE PANORAMA99 yrs lease commencing from 2013$1,845 psf222
SEMBAWANG HILLS ESTATEFreehold$1,951 psf176
SKY VUE99-year leasehold$1,973 psf171

Lease Analysis

With 68 years remaining on its 99-year lease, ST NICHOLAS VIEW still qualifies for full bank financing and CPF usage.

What Could Work Against You

  • About 68 years remain on the lease. Decay is not yet a financing problem, but buyers holding beyond 10-15 years should model the value drag as the 60-year threshold approaches.
  • 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: families with young children, mrt-walkable commuters and nature / park-fronting. Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.

For en-bloc speculators, it can work — but weigh the trade-offs before committing.

long-term hold (10+ yr), cpf-only buyers and resort facilities should probably look elsewhere. Tenure and location resilience suit long-horizon ownership.


Verdict

ST NICHOLAS VIEW is a 99 yrs lease commencing from 1995 development in District 20 (OCR), with 84 units, offering a gross yield of 3.4%.

At ~$1,769 psf, it represents a competitive entry point in the OCR segment.

Explore the full ST NICHOLAS VIEW dashboard for interactive analytics.

HDB Alternatives Nearby

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

  • Ang Mo Kio — 4-room average $724,816 (310m away), an upgrader gap of about $1,700,000
  • Bishan — 4-room average $791,445 (1 km away), an upgrader gap of about $1,600,000

FAQ

What is the average PSF for ST NICHOLAS VIEW?
The 12-month average is approximately $1,769 psf.
Is ST NICHOLAS VIEW freehold?
ST NICHOLAS VIEW has a 99 yrs lease commencing from 1995 tenure with ~68 years remaining.
What is the rental yield for ST NICHOLAS VIEW?
The estimated gross yield is 3.4%.
Which MRT is nearest to ST NICHOLAS VIEW?
The nearest is Mayflower MRT at 550m.

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: 19 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 · 19 records analysed · Source: URA private-sale caveats

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