Projects
GEM RESIDENCES
D12 / Balestier, Toa Payoh, Serangoon
Address 3 LORONG 5 TOA PAYOH GEM RESIDENCES SINGAPORE 319459
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Condominium, Non-Landed Properties 1,080 transactions 99-year leasehold from 2015 Updated Mar 2026
Property image pending
Project read
Quick summary about GEM RESIDENCES
Gem Residences is a 99-year leasehold from 2015 condominium, non-landed properties in D12 / Balestier, Toa Payoh, Serangoon. Gem Residences currently has 894 rental contracts and 186 sale transactions, covering May 2021 to Mar 2026.
- Typical rent is $3,250 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $1,375,000, with median sale PSF at $1,834 psf and total recorded sale value of $280.3M.
- Rent is up 14.7% over the last 3 months. Sale PSF is up 0.2% over the last 3 months.
Project facts
Project-level details from URA records and local enrichment.
Tenure 99-year leasehold from 2015
Property type Condominium, Non-Landed Properties
Sale records 130 sub sale transactions, 56 resale transactions
Total sold value $280.3M
Data coverage
URA records on this page start May 2021 and run through Mar 2026.
Rental contracts 894 May 2021 to Feb 2026
Sale transactions 186 May 2021 to Mar 2026
Rent trend 14.7% Last 3 months
Sale PSF trend 0.2% Last 3 months
Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
BRADDELL MRT STATION 0.5 km away
BRADDELL MRT STATION (NS18) 0.51 km away
TOA PAYOH MRT STATION (NS19) 0.85 km away
Schools nearby
BEATTY SECONDARY SCHOOL 0.3 km away
FIRST TOA PAYOH PRIMARY SCHOOL 0.49 km away
GUANGYANG SECONDARY SCHOOL 0.58 km away
RAFFLES GIRLS' SCHOOL (SECONDARY) 0.95 km away
Amenities
BISHAN NORTH SHOPPING MALL Mall / retail · 2.21 km away
FAIRPRICE FINEST THE CENTREPOINT Daily needs · 4.38 km away
KALLANG PARK CONNECTOR Park / green link · 1.29 km away
MARKET & HAWKER CENTRE (BLK 93 TOA PAYOH LORONG 4) Food centre · 0.21 km away
Market trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $3,700 260 rental contracts in view
Latest median sale PSF $2,074 psf 48 sale transactions in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Mar 2026 0 - 3 $2,074 psf $1,965,000
Feb 2026 12 $3,700 4 $2,040 psf $1,855,000
Jan 2026 7 $3,200 3 $1,924 psf $905,000
Dec 2025 19 $3,800 2 $2,006 psf $1,555,000
Nov 2025 15 $3,000 6 $2,082 psf $1,990,000
Oct 2025 16 $3,225 1 $2,035 psf $1,928,000
Sept 2025 12 $3,225 3 $1,938 psf $1,501,800
Aug 2025 14 $3,565 4 $2,089 psf $2,365,000
Jul 2025 15 $3,150 0 - -
Jun 2025 26 $3,425 3 $1,795 psf $1,700,000
May 2025 22 $3,550 3 $2,002 psf $910,000
Apr 2025 15 $3,900 3 $1,868 psf $1,750,000
Similar projects nearby
Same district, ranked by similar rent, sale PSF and transaction depth.
99-year leasehold from 2011 EIGHT RIVERSUITES 2.5 km away 1,539 transactions
- Median rent
- $3,500
- Median sale PSF
- $1,678 psf
- Median rent
- $3,000
- Median sale PSF
- $1,745 psf
- Median rent
- $3,400
- Median sale PSF
- $1,813 psf
- Median rent
- $2,900
- Median sale PSF
- $1,798 psf
- Median rent
- $3,000
- Median sale PSF
- $1,738 psf
- Median rent
- $3,000
- Median sale PSF
- $1,779 psf
Rent by bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
1 bed $3,000 $2,944 319
2 bed $3,600 $3,444 391
3 bed $4,800 $4,181 164
4 bed $5,400 $5,588 8
5 bed $6,625 $6,658 12
Rent by floor area
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
400 to 500 sqft $3,000 $2,944 319
500 to 600 sqft $3,500 $3,452 134
600 to 700 sqft $3,800 $3,740 186
700 to 800 sqft $2,500 $2,652 71
900 to 1,000 sqft $4,250 $3,762 116
1,000 to 1,100 sqft $5,150 $5,196 48
1,200 to 1,300 sqft $5,400 $5,588 8
1,300 to 1,400 sqft $6,625 $6,658 12
Sale price by floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $1,520,000 $1,821 psf 20
06 to 10 $1,555,000 $1,779 psf 24
11 to 15 $1,670,000 $1,814 psf 23
16 to 20 $1,330,000 $1,779 psf 29
21 to 25 $1,180,000 $1,876 psf 23
26 to 30 $1,265,000 $1,793 psf 30
31 to 35 $1,375,000 $1,932 psf 22
36 to 40 $1,460,000 $1,893 psf 15
Latest transactions
Most recent URA rental contracts and sale transactions for this project.
Rentals
Sales
How to use this data
Practical guidance for renters, buyers and sellers. This is not a valuation, it is a starting point for comparing real transactions.
Rent negotiation
If you are renting
GEM RESIDENCES shows a typical monthly rent of $3,250 across 894 rental contracts. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $3,250
Rental contracts 894
Rent signal Strong
- If the asking rent is above the median, look for a clear reason such as larger size, newer condition, furnishings or a better stack.
- If it is below the median, check whether the unit is smaller, older, lower floor or has a shorter lease term.
Offer check
If you are buying
Recent sales at GEM RESIDENCES point to a typical sale price of $1,375,000 and $1,834 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $1,375,000
Median PSF $1,834 psf
Sale signal Strong
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- 99-year leasehold from 2015 should be part of the buying decision, especially when comparing against newer leasehold or nearby freehold projects.
Listing position
If you are selling
For sellers, the cleanest starting point is the project median PSF, then the latest sales and nearby project comps. GEM RESIDENCES has 186 sale transactions in this dataset, so pricing should be checked against actual recent contracts before listing.
Sale signal Strong
Total sold value $280.3M
Latest update Mar 2026
- Use the latest sales table to avoid anchoring to stale prices when the most recent month moved differently.
- If you want to price above recent PSF, the listing needs a visible reason such as renovation, view, layout, floor or scarcity.
District context
Use D12 to compare GEM RESIDENCES against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from recorded URA private residential rental contracts. Rent is shown as monthly rent.
Sale figures come from recorded private residential sale transactions. PSF and total selling value are shown where sale records include the needed fields.
Rental floor level is not available from this source, so rental analysis is split by bedroom count and floor area band.
Sale floor band is available for many sale transactions, so sale prices can be grouped by recorded floor band.
GEM RESIDENCES FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at GEM RESIDENCES?
Based on the URA rental records currently loaded for GEM RESIDENCES, the median monthly rent is $3,250 across 894 rental contracts.
What is the typical sale price at GEM RESIDENCES?
The median sale price for GEM RESIDENCES is $1,375,000, based on 186 URA sale transactions in the local dataset.
What is the median sale PSF at GEM RESIDENCES?
The median sale price per square foot for GEM RESIDENCES is $1,834 psf. The average sale PSF is $1,845 psf.
Is GEM RESIDENCES freehold or leasehold?
GEM RESIDENCES is listed as 99-year leasehold from 2015. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is GEM RESIDENCES located?
GEM RESIDENCES is located at 3 LORONG 5 TOA PAYOH GEM RESIDENCES SINGAPORE 319459 in D12 / Balestier, Toa Payoh, Serangoon.
How current is the GEM RESIDENCES transaction data?
The URA records on this page start from May 2021 and run through Mar 2026. The page is rebuilt after local data refresh runs.