Chelsea Grove rent and sale price
D12 / Balestier, Toa Payoh, Serangoon
Address 2 Martaban Road Chelsea Grove Singapore 328626
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Apartment, Non-Landed Properties 44 transactions Freehold Latest records Jun 2026
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Project read
Quick summary about Chelsea Grove
Chelsea Grove is a freehold apartment in D12 / Balestier, Toa Payoh, Serangoon. The page currently tracks 36 rentals and 8 sales.
- Typical rent is $3,950 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $1,477,000, with median sale PSF at $1,365 psf and total recorded sale value of $12.1M.
- Rent is up 2.5% over the last 3 months. Sale PSF is down 16.8% over the last 3 months.
Chelsea Grove Market Position
How this project compares with the wider D12 market before you read the detailed tables.
Rent vs D12 +12.9%
Rents above district median
Chelsea Grove's median rent is $3,950 compared with the D12 median of $3,500. Use this as the district-level check before narrowing by bedroom and area band.
Sale PSF vs D12 -22.9%
Sale PSF below district median
Chelsea Grove's median sale PSF is $1,365 psf versus the D12 median of $1,769 psf. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 3.21%
Rent support above district screen
Gross yield is roughly 3.21% versus a D12 screen of 2.56%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 39.6% spread
Rent is uneven
Recent median rents vary a lot, usually because unit mix differs month to month.
Market activity +0.0%
Activity is steady
Recent transaction volume is close to the prior 6-month view.
Tenure lens Freehold
Freehold comparison needed
Freehold matters most on sale price. Compare Chelsea Grove against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Chelsea Grove Decision Snapshot
Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.
Median rent $3,950
Is the asking rent fair?
$3,750 to $4,150 is the first fair-rent band to check. Above $4,150 should have a visible reason.
Median sale PSF $1,365 psf
Is the purchase price fair?
$1,430,000 to $1,520,000 and $1,320 to $1,410 psf are the first sale checks before adjusting for floor, size, view and condition.
2 bed rent $3,950
Are similar units renting for more?
2 bed and 900 to 1,000 sqft give the closest unit-size checks.
Rent stability 39.6% spread
Is rent stable here?
Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.
Transaction volume +0.0%
Is activity rising?
Activity is steady. Recent transaction volume is close to the prior 6-month view.
Run Chelsea Grove numbers
Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.
Rental yield $3,950/mo Test gross and net yield against typical rent. Buy vs rent $1.5M Compare ownership cost against renting. Mortgage $1.5M Estimate monthly payment from the sale price. Stamp duty $1,365 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
Chelsea Grove Project Facts
Project-level details from URA records and local enrichment.
Tenure Freehold
Property type Apartment, Non-Landed Properties
Sales 8 resale transactions
Total sold value $12.1M
Chelsea Grove Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 36 Jun 2021 to May 2026
Sale transactions 8 Jun 2021 to Oct 2025
Rent trend 2.5% Last 3 months
Sale PSF trend -16.8% Last 3 months
Chelsea Grove Location
Nearest transport, schools and daily conveniences around the project.
Project MRT School Amenities
Nearby
Approximate distance from the project. Walking, driving and transit routes may differ.
Closest MRT
NOVENA MRT STATION (NS20) 0.9 km away
TOA PAYOH MRT STATION (NS19) 1.03 km away
BOON KENG MRT STATION (NE9) 1.28 km away
Schools nearby
BENDEMEER SECONDARY SCHOOL 1.1 km away
FARRER PARK PRIMARY SCHOOL 1.3 km away
SAINT JOSEPH'S INSTITUTION INTERNATIONAL ELEMENTARY SCHOOL 1.54 km away
SHG STUDENT CARE (BENDEMEER PRIMARY SCHOOL) 1.6 km away
Amenities
BENDEMEER SHOPPING MALL Mall / retail · 1.42 km away
FAIRPRICE FINEST THE CENTREPOINT Daily needs · 2.79 km away
WHAMPOA PARK CONNECTOR Park / green link · 0.4 km away
HAWKER CENTRE (BLK 75 TOA PAYOH LORONG 5) Food centre · 1.35 km away
Chelsea Grove Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $3,800 22 rentals in view
Latest median sale PSF $1,230 psf 4 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
May 2026 1 $3,800 0 - -
Apr 2026 3 $4,200 0 - -
Jan 2026 1 $4,100 0 - -
Nov 2025 1 $5,200 0 - -
Oct 2025 1 $3,700 1 $1,230 psf $1,840,000
Sept 2025 1 $4,000 0 - -
Aug 2025 2 $4,325 0 - -
Jun 2025 1 $3,900 0 - -
Apr 2025 1 $3,600 1 $1,484 psf $1,454,000
Feb 2025 1 $3,900 0 - -
Jan 2025 1 $4,088 0 - -
Sept 2024 2 $4,150 0 - -
Projects Similar to Chelsea Grove
Same district, ranked by similar rent, sale PSF and transaction depth.
99-year leasehold from 1995 Oleander Towers 1.3 km away 320 transactions
- Median rent
- $3,900
- Median sale PSF
- $1,394 psf
- Median rent
- $4,000
- Median sale PSF
- $1,288 psf
- Median rent
- $3,938
- Median sale PSF
- $1,414 psf
- Median rent
- $4,000
- Median sale PSF
- $1,440 psf
- Median rent
- $3,500
- Median sale PSF
- $1,439 psf
- Median rent
- $3,800
- Median sale PSF
- $1,276 psf
Chelsea Grove Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
2 bed $3,950 $3,811 36
Chelsea Grove Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
900 to 1,000 sqft $3,900 $3,784 29
1,600 to 1,700 sqft $4,000 $3,567 3
1,900 to 2,000 sqft $4,325 $4,188 4
Chelsea Grove Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $1,427,000 $1,365 psf 6
06 to 10 $1,550,000 $1,185 psf 2
Chelsea Grove Latest Transactions
Most recent URA rentals and sales for this project.
Rentals
Sales
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 negotiation
If you are renting
Chelsea Grove shows a typical monthly rent of $3,950 across 36 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $3,950
Rentals 36
Rent signal Moderate
- 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 Chelsea Grove point to a typical sale price of $1,477,000 and $1,365 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $1,477,000
Median PSF $1,365 psf
Sale signal Moderate
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- Freehold 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. Chelsea Grove has 8 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Moderate
Total sold value $12.1M
Latest record May 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 D12 to compare Chelsea Grove against the wider area.
About this data
How to read the rental and sale figures on this page.
Rental figures come from URA private residential rent data. Rent is shown as monthly rent.
Sale figures come from private residential sale data. PSF and total selling value are shown where the needed fields are available.
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.
Chelsea Grove FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Chelsea Grove?
Chelsea Grove has a median monthly rent of $3,950 across 36 rentals.
What is the typical sale price at Chelsea Grove?
The median sale price for Chelsea Grove is $1,477,000, based on 8 sales on this page.
What is the median sale PSF at Chelsea Grove?
The median sale price per square foot for Chelsea Grove is $1,365 psf. The average sale PSF is $1,303 psf.
Is Chelsea Grove freehold or leasehold?
Chelsea Grove is listed as Freehold. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Chelsea Grove located?
Chelsea Grove is located at 2 Martaban Road Chelsea Grove Singapore 328626 in D12 / Balestier, Toa Payoh, Serangoon.
How current is the Chelsea Grove transaction data?
The project page uses the latest records currently loaded on PropertySmartSG. Treat it as research evidence and check the latest transaction rows before using it for pricing.