Five Chancery
Five Chancery is a freehold condominium in District 11 (Watten Estate, Novena, Thomson), within Singapore's Core Central Region (CCR). Completed in 2011, the development comprises 12 units. This page tracks recorded sale prices, rental contracts and yield trends from URA data.
FIVE CHANCERY
Over the 12 months to Sep 2023, Five Chancery recorded 4 rental contracts at a median $12,000/mo. Source: URA caveat data, as of Sep 2023.
| Date | Price | PSF | Size (sqft) | Floor | Type |
|---|---|---|---|---|---|
| Sep-23 | $6,038,000 | $1,149 psf | 5,253 sqft | - | 5BR |
| Sep-22 | $7,488,888 | $1,150 psf | 6,512 sqft | - | 5BR |
| Feb-22 | $4,918,000 | $991 psf | 4,962 sqft | - | 5BR |
En-Bloc Potential
A heuristic read of land/redevelopment fundamentals — not a prediction that a collective sale will happen. Whether one succeeds hinges on owner consent, reserve-price expectations, and market timing. Only ~1 in 10 en-bloc attempts complete, and realised premiums have averaged ~14% (owners often expect 40%+). For an ageing leasehold, weigh this against near-certain lease decay while you wait.