Overview & Key Facts
THE TAIPAN is a freehold condominium at JALAN HAJIJAH in District 16 (OCR), developed by NOVELTY PROPERTIES PTE LTD, comprising 26 units, completed in 2003.
Location & Connectivity
THE TAIPAN is approximately 600m from Bayshore MRT station, with 4 stations within 1.5 km.
| Station | Line | Distance |
|---|---|---|
| Bayshore | Thomson-East Coast Line | 600m |
| Siglap | Thomson-East Coast Line | 990m |
| Bedok South | Thomson-East Coast Line | 1.4 km |
| Bedok | East-West Line | 1.4 km |
Schools & Education
14 schools within 2 km (2 within 1 km priority zone).
| School | Type | Distance |
|---|---|---|
| Dunman High School | Secondary | 550m |
| Dunman High School (JC) | Jc | 550m |
| Victoria School | Secondary | 1.1 km |
| Victoria Junior College | Jc | 1.1 km |
| Global Indian International School (GIIS East Coast) | International | 1.2 km |
| East Coast Primary School | Primary | 1.2 km |
| Opera Estate Primary School | Primary | 1.2 km |
| Bedok South Secondary School | Secondary | 1.4 km |
Unit Mix & Pricing
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 3 BR | 4 | $1,288 psf | $1,458,750 |
| 4 BR | 1 | $1,098 psf | $1,868,000 |
Market Position
THE TAIPAN has recorded 5 sales at an average price of $1,540,600.
Price Appreciation
| Year | Sales | Avg PSF | YoY |
|---|---|---|---|
| 2021 | 3 | $1,177 psf | — |
| 2022 | 1 | $1,249 psf | ↑ 6.1% |
| 2025 | 1 | $1,473 psf | ↑ 17.9% |
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THE TAIPAN prices sit at a fresh series high after a 17.9% gain on the prior period, now 25.1% above the 2021 starting level.
Price Index Check
The ShiokNest Price Index for District 16 reads 130.8 as of June 2026 — up 7.1% 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
| Condo | Tenure | Avg PSF | Sales |
|---|---|---|---|
| PINERY RESIDENCES | 99 years leasehold | $2,551 psf | 551 |
| VELA BAY | 99 years leasehold | $2,869 psf | 371 |
| SCENECA RESIDENCE | 99 yrs lease commencing from 2021 | $2,085 psf | 270 |
| THE BAYSHORE | 99-year leasehold | $1,237 psf | 251 |
| THE GLADES | 99 yrs lease commencing from 2013 | $1,615 psf | 230 |
What Could Work Against You
- Only 0 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 26 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 families with young children, car-owning households, cbd walking distance and long-term hold (10+ yr). Family-suitable layout and OCR (Outside Central Region) location with established school catchments nearby.
For yield-focused investors and first-time hdb upgraders, it can work — but weigh the trade-offs before committing.
short-term flippers (<5 yr) and resort facilities should probably look elsewhere. TOP 2003 keeps the SSD window in mind for buyers exploring the 3-5 year resale-arbitrage strategy.
Verdict
THE TAIPAN is a freehold development in District 16 (OCR), with 26 units, offering a gross yield of 2.8%.
At ~$1,473 psf, it represents a competitive entry point in the OCR segment.
Explore the full THE TAIPAN dashboard for interactive analytics.
HDB Alternatives Nearby
Weighing THE TAIPAN against staying public? These HDB towns sit within walking or short-drive distance:
- Bedok — 4-room average $659,895 (830m away), an upgrader gap of about $900,000
- Geylang — 4-room average $761,443 (1.6 km away), an upgrader gap of about $800,000
- Marine Parade — 4-room average $648,065 (2 km away), an upgrader gap of about $900,000
FAQ
What is the average PSF for THE TAIPAN?
Is THE TAIPAN freehold?
What is the rental yield for THE TAIPAN?
Which MRT is nearest to THE TAIPAN?
Sources & Next Steps
- THE TAIPAN Dashboard — Live charts and analytics
- URA REALIS — Official transaction data
- District 16 (Bedok, Upper East Coast, Eastwood, Kew Drive) — District 16 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: 5 transactions
- Rental data: 34 leases
- Source: URA REALIS
Median values used to minimise outlier impact. PSF = price per square foot.
Latest recorded data point: Apr 2025 · 5 records analysed · Source: URA private-sale caveats