Overview & Key Facts
THE CHANCERY RESIDENCE is a 99 yrs lease commencing from 2004 condominium at CHANCERY LANE in District 11 (CCR), developed by WAREES LAND PTE LTD, comprising 34 units, completed in 2006.
Location & Connectivity
THE CHANCERY RESIDENCE is approximately 440m from Mount Pleasant MRT station, with 9 stations within 1.5 km.
Schools & Education
18 schools within 2 km (4 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| St. Joseph's Institution | Secondary | 180m |
| New Town Primary School | Primary | 570m |
| Singapore Chinese Girls' School (Primary) | Primary | 890m |
| Anglo-Chinese School (Primary) | Primary | 990m |
| CHIJ Our Lady Queen of Peace | Primary | 1.4 km |
| St. Margaret's Primary School | Primary | 1.4 km |
| St. Margaret's Secondary School | Secondary | 1.4 km |
| Nexus International School | International | 1.6 km |
Market Position
THE CHANCERY RESIDENCE has recorded 10 sales at an average price of $3,231,200.
Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 3 | $843 psf | — |
| 2022 | 2 | $933 psf | ↑ 10.7% |
| 2023 | 2 | $997 psf | ↑ 6.9% |
| 2024 | 1 | $1,060 psf | ↑ 6.3% |
| 2026 | 2 | $1,019 psf | ↓ 3.8% |
Loading chart data...
THE CHANCERY RESIDENCE prices have cooled 3.8% from the 2024 peak, yet remain 20.9% above where the series began in 2021.
Price Index Check
The ShiokNest Price Index for District 11 reads 121.2 as of June 2026 — up 1.7% 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.
Loading chart data...
Neighbourhood Comparison
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| PULLMAN RESIDENCES NEWTON | Freehold | $3,074 psf | 288 |
| WATTEN HOUSE | Freehold | $3,236 psf | 180 |
| SOLEIL @ SINARAN | 99 yrs lease commencing from 2006 | $1,979 psf | 96 |
| PEAK RESIDENCE | Freehold | $2,489 psf | 90 |
| AMARYLLIS VILLE | 99 yrs lease commencing from 1997 | $1,909 psf | 74 |
Lease Analysis
With 77 years remaining on its 99-year lease, THE CHANCERY RESIDENCE still qualifies for full bank financing and CPF usage.
What Could Work Against You
- 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.
- At 34 units, this is a boutique development — fewer comparable sales to anchor valuations, and maintenance costs spread across a smaller fee base.
Best suited for
Who This Actually Suits
This is a strong match for multi-generational families, mrt-walkable commuters and boutique low-density (<100 units). Larger unit configurations or dual-key layouts make this viable for 3-generation households.
foreign / absd-aware buyers, cpf-only buyers and heavy renovation / value seekers should treat this as a shortlist candidate, not a default choice.
It is a weaker fit for yield-focused investors — other options likely serve them better. CCR (Core Central Region) location with rental demand profile worth running through our Rental Yield Calculator.
Verdict
THE CHANCERY RESIDENCE is a 99 yrs lease commencing from 2004 development in District 11 (CCR), with 34 units, offering a gross yield of 2.9%.
At ~$1,019 psf, it reflects its premium CCR positioning.
Explore the full THE CHANCERY RESIDENCE dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing THE CHANCERY RESIDENCE against staying public? These HDB towns sit within walking or short-drive distance:
- Kallang/whampoa — 4-room average $882,887 (490m away), an upgrader gap of about $2,350,000
- Toa Payoh — 4-room average $929,793 (810m away), an upgrader gap of about $2,300,000
FAQ
What is the average PSF for THE CHANCERY RESIDENCE?
Is THE CHANCERY RESIDENCE freehold?
What is the rental yield for THE CHANCERY RESIDENCE?
Which MRT is nearest to THE CHANCERY RESIDENCE?
Sources & Next Steps
- THE CHANCERY RESIDENCE Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 11 (Watten Estate, Novena, Thomson) — District 11 neighbourhood guide
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 10 transactions
- Rental data: 28 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: May 2026 · 10 records analysed · Source: URA private-sale caveats