LE SHANTIER

SHAN ROAD
RESALE CONDODistrict 12
Novena MRT · 9 min walk (683m)RCRFreehold
Total Units
32
2Y PSF Change
+15.8%
1 txns in 24m
Median PSF
1,338
▲ 0.0% QoQ
Total Sales
4
since 2021-08
Price Range
$1.9M–$2.6M
all-time
Unit Size
1,690 sqft
Floors 1–6

UrbanLens Analysis

LE SHANTIER commands $1,539 PSF -- NaN% below what District 12 typically fetches ($0 PSF). Novena MRT is 683m away (9-min walk), functional but not a headline selling point.

Prices have surged 15.8% in two years. That is strong performance, though buyers entering now face elevated downside risk. Just 1 transactions in two years -- thin liquidity means pricing carries wide confidence intervals.

Being freehold means zero lease-decay anxiety. Full CPF eligibility, maximum LTV, and a universally bankable asset. Insufficient rental data to pin down a yield figure. Buyers should assume this is a capital-growth story and do their own rental due diligence.

At just 32 units, this is an intimate development. Expect low common fees but limited resale volume -- patience is required on exit. The city-fringe location offers genuine accessibility without core-district pricing, which is the fundamental upgrader value proposition.

PSF Trend

Quarterly
1,154
2021-Q3
1,118
2022-Q3
1,539
2023-Q3
1,539
2025-Q4

Recent Transactions

Data refreshed monthly · Last transaction: Dec 2025
DatePriceSizePSFFloor
Dec 2025$2,600,8881,690 sqft$1,53906-10
Aug 2023$2,600,3881,690 sqft$1,53906-10
Jul 2022$1,890,0001,690 sqft$1,11801-05
Aug 2021$1,950,0001,690 sqft$1,15401-05
Showing 4 of 4 transactions

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