Projects

NICON GARDENS

D23 / Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang

Address 61C CHOA CHU KANG ROAD NICON GARDENS SINGAPORE 689391
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Condominium, Non-Landed Properties, Terrace House 14 transactions 99-year leasehold from 1981 Updated Jan 2026
Property image pending
Typical rent $4,350 8 rental contracts
Typical sale price $1,824,400 6 sale transactions
Typical sale PSF $911 psf Average $833 psf
Estimated gross yield 2.9% Median annual rent / median sale
Project read

Quick summary about NICON GARDENS

Nicon Gardens is a 99-year leasehold from 1981 condominium, non-landed properties, terrace house in D23 / Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang. Nicon Gardens currently has 8 rental contracts and 6 sale transactions, covering Aug 2021 to Jan 2026.

Project facts

Project-level details from URA records and local enrichment.

Tenure 99-year leasehold from 1981
Property type Condominium, Non-Landed Properties, Terrace House
Sale records 6 resale transactions
Total sold value $10.0M

Data coverage

URA records on this page start Aug 2021 and run through Jan 2026.

Rental contracts 8 Aug 2021 to Jan 2026
Sale transactions 6 Sept 2021 to Nov 2024
Rent trend 65.7% Last 3 months
Sale PSF trend 28.5% Last 3 months

Location

Nearest transport, schools and daily conveniences around the project.

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Project MRT School Amenities

Nearby

Approximate distance from the project. Walking, driving and transit routes may differ.

Closest MRT

BUKIT PANJANG MRT STATION 0.39 km away
BUKIT PANJANG MRT STATION (DT1) 0.4 km away
CASHEW MRT STATION 1.13 km away

Schools nearby

CHUA CHU KANG SECONDARY SCHOOL 0.69 km away
WEST VIEW PRIMARY SCHOOL 0.69 km away
BIG HEART STUDENT CARE (WEST VIEW PRIMARY SCHOOL) 0.7 km away
GREENRIDGE SECONDARY SCHOOL 0.7 km away

Amenities

BISHAN NORTH SHOPPING MALL Mall / retail · 9.88 km away
FAIRPRICE HUB Daily needs · 10.6 km away
PANG SUA PARK CONNECTOR Park / green link · 1.01 km away
SENJA HAWKER CENTRE Food centre · 1.09 km away

Similar projects nearby

Same district, ranked by similar rent, sale PSF and transaction depth.

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Rent by bedrooms

Monthly rent by recorded bedroom count.

Bedrooms Median rent Average rent Transactions
Unknown $4,350 $4,356 8

Rent by floor area

Monthly rent by recorded URA floor area band.

Area band Median rent Average rent Transactions
1,500 to 1,600 sqft $5,800 $5,800 1
1,500 to 2,000 sqft $6,000 $6,000 1
1,600 to 1,700 sqft $5,500 $5,500 2
1,900 to 2,000 sqft $2,950 $3,013 4

Sale price by floor

Median sale price and PSF by recorded floor band.

Floor band Median sale Median PSF Transactions
- $1,824,400 $911 psf 6

Latest transactions

Most recent URA rental contracts and sale transactions for this project.

Rentals

$5,800 NA bed · 1,500 to 1,600 sqft · Jan 2026
$6,000 NA bed · 1,500 to 2,000 sqft · Aug 2025
$5,200 NA bed · 1,600 to 1,700 sqft · Sept 2023
$5,800 NA bed · 1,600 to 1,700 sqft · May 2023
$3,500 NA bed · 1,900 to 2,000 sqft · Nov 2022
$3,000 NA bed · 1,900 to 2,000 sqft · Aug 2022
$2,650 NA bed · 1,900 to 2,000 sqft · Jan 2022
$2,900 NA bed · 1,900 to 2,000 sqft · Aug 2021

Sales

$1,850,000 1,991 sqft · $929 psf · - · Nov 2024
$1,850,000 1,991 sqft · $929 psf · - · Oct 2024
$1,848,800 2,013 sqft · $918 psf · - · Sept 2024
$1,800,000 1,991 sqft · $904 psf · - · May 2024
$1,200,000 2,013 sqft · $596 psf · - · Oct 2021
$1,455,000 2,013 sqft · $723 psf · - · Sept 2021

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 signal Thin Directional only, use nearby comps
Sale signal Thin Directional only, use nearby comps
Rent negotiation

If you are renting

NICON GARDENS shows a typical monthly rent of $4,350 across 8 rental contracts. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.

Median rent $4,350
Rental contracts 8
Rent signal Thin
  • 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 NICON GARDENS point to a typical sale price of $1,824,400 and $911 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.

Median sale $1,824,400
Median PSF $911 psf
Sale signal Thin
  • Compare the unit against the sale by floor table before deciding whether a premium makes sense.
  • 99-year leasehold from 1981 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. NICON GARDENS has 6 sale transactions in this dataset, so pricing should be checked against actual recent contracts before listing.

Sale signal Thin
Total sold value $10.0M
Latest update Jan 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 D23 to compare NICON GARDENS against the wider area.

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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.

NICON GARDENS FAQ

Quick answers for renters, buyers and owners comparing this project.

What is the typical rent at NICON GARDENS?

Based on the URA rental records currently loaded for NICON GARDENS, the median monthly rent is $4,350 across 8 rental contracts.

What is the typical sale price at NICON GARDENS?

The median sale price for NICON GARDENS is $1,824,400, based on 6 URA sale transactions in the local dataset.

What is the median sale PSF at NICON GARDENS?

The median sale price per square foot for NICON GARDENS is $911 psf. The average sale PSF is $833 psf.

Is NICON GARDENS freehold or leasehold?

NICON GARDENS is listed as 99-year leasehold from 1981. Tenure is tied to the project and is most relevant when reviewing sale transactions.

Where is NICON GARDENS located?

NICON GARDENS is located at 61C CHOA CHU KANG ROAD NICON GARDENS SINGAPORE 689391 in D23 / Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang.

How current is the NICON GARDENS transaction data?

The URA records on this page start from Aug 2021 and run through Jan 2026. The page is rebuilt after local data refresh runs.