23B Richards Avenue

Terrace House · in Hougang, District 19, Singapore · Freehold · Completed 2017

Data through 1 August 2025

Intro: 23B Richards Avenue is a terrace house located along Richards Avenue within District 19 with a freehold tenure. It was completed in 2017. So far it has been transacted a total of 2 times, amounting to $6.6M+ in total.

D19OCRNorth EastHougang

23B Richards Avenue project details

Street

Richards Avenue

Property Type

Terrace

Completion

2017

Total Units

-1

Unit Size

4,994 sqft

Tenure

Freehold

Lease Remaining

Freehold

Postal Sector

MRT and LRT stations near 23B Richards Avenue

Kovan422 m MRTNE13

See details on nearby stations

Primary schools near 23B Richards Avenue

Xinghua Primary School1,000 m
Xinmin Primary School1,000 m

See details on nearby schools

23B Richards Avenue price, PSF and transaction trends

HDB Buyers

$6.6M+

Total Transacted

02-07-2017

First Transacted

16-12-2021

Last Transacted

Total Transactions

23B Richards Avenue transaction volume

New SaleSub SaleResale

Among the latest 2 recorded sales for 23B Richards Avenue, the median price was S$3,301,195 and the median PSF was S$661 psf. The newest record shown is from 16 December 2021. The annual project median was 23.7% higher in 2021 than in 2017; unit mix can affect year-to-year comparisons.

Recent 23B Richards Avenue transactions

Date	Sale type	Price	PSF	Size
16 December 2021	Resale	S$3,650,000	S$731 psf	4,994 sqft
2 July 2017	New Sale	S$2,952,390	S$591 psf	4,994 sqft

23B Richards Avenue median transaction PSF (S$)

23B Richards Avenue annual price trend

Year	Median price	Median PSF	Recorded sales
2021	S$3,650,000	S$731 psf	1
2017	S$2,952,390	S$591 psf	1

100.0%

% Profitable

Profitable

Unprofitable

> 6% Annualized

4.5 yrs

Avg Holding

$697,610

Total Profits

23B Richards Avenue annualized profit %

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23B Richards Avenue rental prices and estimated yield

Past 1 month

No. of Rentals

Among the latest 6 recorded rental contracts for 23B Richards Avenue, the median monthly rent was S$10,000, with records ranging from S$7,500 to S$10,000.

Recent 23B Richards Avenue rental contracts

Lease date	Bedrooms	Monthly rent	Est. PSF	Area
1 August 2025	—	S$9,500	S$3 psf	3500-4000
1 June 2025	—	S$10,000	S$2 psf	4000-4500
1 March 2025	—	S$10,000	S$2 psf	4000-4500
1 October 2024	—	S$10,000	S$2 psf	4000-4500
1 October 2022	—	S$10,000	S$2 psf	5000-5500

23B Richards Avenue rental volume

View full details

Frequently asked questions about 23B Richards Avenue

How much do units at 23B Richards Avenue cost?

The latest 2 recorded sales show a median price of S$3,301,195 and a median of S$661 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at 23B Richards Avenue?

The latest recorded median monthly rent is S$10,000. Rental yield is indicative and can vary by unit and costs.

Is 23B Richards Avenue freehold or leasehold?

23B Richards Avenue has a tenure of Freehold.

When was 23B Richards Avenue completed?

23B Richards Avenue was completed in 2017.

Which MRT or LRT station is nearest to 23B Richards Avenue?

Kovan is the nearest station shown, at an estimated straight-line distance of 422 metres.

Which primary schools are near 23B Richards Avenue?

The primary schools shown within the page’s one-kilometre search are Xinghua Primary School (1,000 m) and Xinmin Primary School (1,000 m). Distances are estimates and do not determine school-admission eligibility.

Data sources and methodology

Sale and rental records are based on URA private residential property market data. REALSMART calculates project-level medians, chart groupings, profitability indicators, straight-line distances and estimated rental yields. Data on this page runs through 1 August 2025. Figures are indicative and do not constitute financial advice.