53 Chancery Lane

Detached House · in Novena, District 11, Singapore · Freehold · Completed 2008

Data through 14 January 2013

Intro: 53 Chancery Lane is a detached house located along Chancery Lane within District 11 with a freehold tenure. It was completed in 2008. So far it has been transacted a total of 4 times, amounting to $26.3M+ in total.

D11CCRCentralNovena

53 Chancery Lane project details

Street

Chancery Lane

Property Type

Detached

Completion

2008

Total Units

-1

Unit Size

5,766 - 11,966 sqft

Tenure

Freehold

Lease Remaining

Freehold

Postal Sector

MRT and LRT stations near 53 Chancery Lane

Novena366 m MRTNS20
Mount Pleasant953 m MRTTE10

See details on nearby stations

Primary schools near 53 Chancery Lane

Anglo-Chinese School (Primary)748 m
St. Joseph'S Institution Junior757 m

See details on nearby schools

53 Chancery Lane price, PSF and transaction trends

25%

HDB Buyers

$26.3M+

Total Transacted

30-08-1997

First Transacted

14-01-2013

Last Transacted

Total Transactions

53 Chancery Lane transaction volume

New SaleSub SaleResale

Among the latest 4 recorded sales for 53 Chancery Lane, the median price was S$6,600,000 and the median PSF was S$884 psf. The newest record shown is from 14 January 2013. The annual project median was 189.7% higher in 2013 than in 1997; unit mix can affect year-to-year comparisons.

Recent 53 Chancery Lane transactions

Date	Sale type	Price	PSF	Size
14 January 2013	Resale	S$8,100,000	S$1,405 psf	5,766 sqft
18 September 2008	New Sale	S$7,400,000	S$1,283 psf	5,766 sqft
29 March 2006	Resale	S$5,000,000	S$418 psf	11,966 sqft
30 August 1997	Resale	S$5,800,000	S$485 psf	11,966 sqft

53 Chancery Lane median transaction PSF (S$)

53 Chancery Lane annual price trend

Year	Median price	Median PSF	Recorded sales
2013	S$8,100,000	S$1,405 psf	1
2008	S$7,400,000	S$1,283 psf	1
2006	S$5,000,000	S$418 psf	1
1997	S$5,800,000	S$485 psf	1

66.7%

% Profitable

Profitable

Unprofitable

> 6% Annualized

5.1 yrs

Avg Holding

$2.3M

Total Profits

53 Chancery Lane annualized profit %

View full details

Frequently asked questions about 53 Chancery Lane

How much do units at 53 Chancery Lane cost?

The latest 4 recorded sales show a median price of S$6,600,000 and a median of S$884 psf. Actual prices vary by floor, size, facing, condition and sale date.

Is 53 Chancery Lane freehold or leasehold?

53 Chancery Lane has a tenure of Freehold.

When was 53 Chancery Lane completed?

53 Chancery Lane was completed in 2008.

Which MRT or LRT station is nearest to 53 Chancery Lane?

Novena is the nearest station shown, at an estimated straight-line distance of 366 metres.

Which primary schools are near 53 Chancery Lane?

The primary schools shown within the page’s one-kilometre search are Anglo-Chinese School (Primary) (748 m) and St. Joseph'S Institution Junior (757 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 14 January 2013. Figures are indicative and do not constitute financial advice.