BANYAN CONDOMINIUM
How is this worked out? — this project’s 4 sub-scores, from its own data
Banyan Condominium is a freehold project in D5 Queenstown with 2.6% gross yield, thin liquidity. It sits ~2.3 km from the One-North growth node (built out).
- Capital growth buyers
- pure rental-yield investors
- Confirm the exact unit stack, facing and floor — our figures are project medians.
- Stress-test cashflow at +1–2% interest in the calculator below.
Investment report
A plain-language read on Banyan Condominium — genuine strengths, honest risks, an independent fair-value range and a Buy / Watch / Avoid position, all from the data above.
- In the One-North URA growth precinct — a corridor earmarked for new jobs, transport and amenities.
- Active rental market — 41 recent lease contracts at a healthy ~2.6% gross yield.
- Pasir Panjang MRT Station MRT within ~463 m — walkable transit underpins rent and resale.
- Freehold — no lease decay, so strong long-horizon holding power.
- Thin liquidity (3 sales/12 mo · 104-unit project) — a slower, choppier exit and a softer price signal.
- Check nearby new-launch & upcoming TOP supply — a fresh project within walking distance can cap rents and resale for a few years.
Fair-value range
Several independent value bases — more informative than a single median. The combined range weights the project-specific bases most.
| Recent project median $psfexcludes ground & top-floor units | $1,468 psf |
| Same-size, recent compsfloor of ±25% size band, recency-weighted | $1,466 psf |
| Nearby projectsmedian $psf of projects within ~2.0 km | $1,543 psf |
| Rental-yield-supportedrent $psf × 12 ÷ 3.4% target gross yield | $1,129 psf |
| HomeVestor fair range | $1,208–$1,570 psf ≈ $1,911,056–$2,483,740 for a ~1,582 sqft unit |
See the D5 comparables behind that district base on the map below — switch on “District condos by $psf” in the layers (this project vs cheaper/pricier neighbours).
How is this worked out? — the value bases & combined range
Buy · Watch · Avoid
Where the project’s current median $psf sits against its fair range, overlaid with the risk signals. An educational classification — not a recommendation.
Price trend
6-month rolling median $psf · excludes ground & top floor
Long-run trend — project vs. market
Indexed to 100 at 2021 · 2021–2026
Long-run line = URA Private Residential Property Price Index (indexed market trend, not unit prices). Markers = actual transactions, past 5 years. Source: URA via data.gov.sg, SODL v1.0.
Location & neighbourhood
Tap any label below the map to show or hide that layer, or use Show / hide all. On by default: primary schools, MRT stations within 2 km (nearest highlighted), and hawker / malls / supermarkets. Off by default (tap to switch on): Secondary / JC / Poly, international schools, bus stops, healthcare and childcare.
Nearest MRT: Pasir Panjang MRT Station · ~463 m. Amenities © OpenStreetMap contributors (ODbL), tiles © CARTO.
About this project
| Project Name | BANYAN CONDOMINIUM |
| Street Name | Chwee Chian Road |
| Property Type | Condominium |
| Tenure | Freehold |
| District / Planning Area | D5 / Queenstown |
| Completion | 1995 |
| Number of units | 104 units |
| Highest floor in the project | 4 |
| Developer | — |
| Land Area (sqm) | — |
| Master Plan Plot Ratio | 1.4 |
All transactions (6)
Newest first. Click any column heading to sort. Ground & top-floor units are excluded from the median above.
| Date ↕ | Address ↕ | Size (sqft) ↕ | $psf ↕ | Price ↕ |
|---|
Rental transactions (191)
Individual private-residential lease contracts, newest first — official URA Data Service. Size is URA’s banded floor area (sqft); the unit number and floor are not disclosed. Click any column heading to sort.
6-month rolling median $psf/month · from individual URA rental contracts
| Lease date ↕ | Size (sqft) ↕ | Beds ↕ | Monthly rent ↕ | $psf/mo ↕ |
|---|