Insights District market read

D24 Lim Chu Kang, Tengah

Lim Chu Kang, Tengah is a sale-led district with limited rental depth: 1 rental and 2,605 sales. The sale median is $1,616,000, while the rental median is based on a very thin sample. Use this as the district read, then open project pages to price against real comparables.

Data is for research and comparison only.
Rental sample 1 rental Median rent $6,000 is thin
Median sale $1,616,000 $1,730 psf
Recent movement Sale PSF +23.9% Rent movement is thin

The quick read on D24

Lim Chu Kang, Tengah has 4 tracked projects, 1 rental and 2,605 sales. The sale median is $1,616,000, while the rental median is based on a very thin sample. That gives the district a useful starting point before you narrow into individual condos.

Rent is broadly flat while sale PSF is moving sharply higher. The strongest read is when price, rent and volume all point in the same direction.

What to make of this

This district read is useful as a mood check, but I would not price a home from the district number alone. The main anchors here are rental sample 1 rental (Median rent $6,000 is thin) and median sale $1,616,000 ($1,730 psf). The better move is to use the district to spot the active pockets, then open the projects with enough rent and sale evidence.

Tengah Garden Residences in D24 / Lim Chu Kang, Tengah is the first row I would open, with median rent - and median sale $1,810,000. Use that as the first follow-up: check whether the leading projects are stronger, or whether one project is pulling the district average around.

What I would check next

I would open the top projects in the district, then compare rent depth, sale depth and tenure before forming a view. District averages are useful, but the project mix can change the story quickly.

If the district looks strong but the project evidence is thin, widen the search to nearby districts with similar buyer demand. That keeps the decision from leaning too hard on one noisy slice of the market.

Projects to open first

Start with Tengah Garden Residences, Copen Grand and Otto Place because they carry the most activity in D24. They are the fastest way to move from a district-level view to usable project comparables.

For cleaner rental comparisons, start with projects that have deeper rental data and recent monthly records.

For market attention, look for projects where recent rentals and sales are picking up against the prior six-month period.

Top D24 projects

Ranked by combined rental and sale activity in this district.

Quick answers

Short answers based on the current data view.

Is D24 getting more expensive?

D24 has only 1 rental, so sale PSF movement at +23.9% is the cleaner recent read. Treat rent movement carefully until more rent data appears.

Which D24 projects should I compare first?

Start with the most active projects, then narrow by tenure, median rent, median sale price and unit-size evidence.