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8 Chuan Drive

Semi-Detached House · in Serangoon, District 19, Singapore · 99 yrs from 19/07/1997 · Completed 2001

Data through 1 December 2023

Intro: 8 Chuan Drive is a semi-detached house located along Chuan Drive within District 19 with a 99-year lease commencing on 19 July 1997. It was completed in 2001. So far it has been transacted a total of 3 times, amounting to $6.3M+ in total.

D19OCRNorth EastSerangoon
On this pageProject detailsNearby primary schoolsPrices & transactionsRental trendsFAQs

8 Chuan Drive project details

Street
Chuan Drive
Property Type
Semi-Detached
Completion
2001
Total Units
-1
Unit Size
2,413 sqft
Tenure
99 yrs from 19/07/1997
Lease Remaining
70 yrs
Postal Sector
55

Primary schools near 8 Chuan Drive

  • Zhonghua Primary School211 m
  • Chij Our Lady Of Good Counsel500 m
See details on nearby schools

8 Chuan Drive price, PSF and transaction trends

33%
HDB Buyers
$6.3M+
Total Transacted
19-08-2009
First Transacted
28-11-2023
Last Transacted
3
Total Transactions

8 Chuan Drive transaction volume

8 Chuan Drive transaction volume000112009 · Resale: 120092010 · Resale: 120102023 · Resale: 12023
New SaleSub SaleResale

Among the latest 3 recorded sales for 8 Chuan Drive, the median price was S$1,635,000 and the median PSF was S$677 psf. The newest record shown is from 28 November 2023. The annual project median was 144.5% higher in 2023 than in 2009; unit mix can affect year-to-year comparisons.

Recent 8 Chuan Drive transactions

DateSale typePricePSFSize
28 November 2023ResaleS$3,300,000S$1,367 psf2,413 sqft
2 March 2010ResaleS$1,635,000S$677 psf2,413 sqft
19 August 2009ResaleS$1,350,000S$559 psf2,413 sqft

8 Chuan Drive median transaction PSF (S$)

8 Chuan Drive median transaction PSF (S$)05001.0K1.5K2009 · Median PSF: 55920092010 · Median PSF: 67720102023 · Median PSF: 1.4K2023

8 Chuan Drive annual price trend

YearMedian priceMedian PSFRecorded sales
2023S$3,300,000S$1,367 psf1
2010S$1,635,000S$677 psf1
2009S$1,350,000S$559 psf1
100.0%
% Profitable
2
Profitable
0
Unprofitable
1
> 6% Annualized
7.1 yrs
Avg Holding
$1.9M
Total Profits

8 Chuan Drive annualized profit %

8 Chuan Drive annualized profit %0.0%10.0%20.0%30.0%2010 · Average Annualized Profit: 21.1%20102023 · Average Annualized Profit: 5.2%2023
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8 Chuan Drive rental prices and estimated yield

Past 1 month
0
No. of Rentals

Among the latest 3 recorded rental contracts for 8 Chuan Drive, the median monthly rent was S$8,800, with records ranging from S$7,800 to S$12,300.

Recent 8 Chuan Drive rental contracts

Lease dateBedroomsMonthly rentEst. PSFArea
1 December 2023—S$7,800S$3 psf2500-3000
1 September 2023—S$8,800S$3 psf3000-3500
1 August 2023—S$12,300S$3 psf4000-4500

8 Chuan Drive rental volume

8 Chuan Drive rental volume01232023 · Rentals: 32023
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Frequently asked questions about 8 Chuan Drive

How much do units at 8 Chuan Drive cost?

The latest 3 recorded sales show a median price of S$1,635,000 and a median of S$677 psf. Actual prices vary by floor, size, facing, condition and sale date.

What are the rental price and estimated yield at 8 Chuan Drive?

The latest recorded median monthly rent is S$8,800. Rental yield is indicative and can vary by unit and costs.

Is 8 Chuan Drive freehold or leasehold?

8 Chuan Drive has a tenure of 99 yrs from 19/07/1997.

When was 8 Chuan Drive completed?

8 Chuan Drive was completed in 2001.

Which primary schools are near 8 Chuan Drive?

The primary schools shown within the page’s one-kilometre search are Zhonghua Primary School (211 m) and Chij Our Lady Of Good Counsel (500 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 December 2023. Figures are indicative and do not constitute financial advice.

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