Rent vs D12 +10.8%
Rents near district median
Chelsea Grove's latest 12-month median rent is $4,100 compared with the D12 median of $3,700 for the same period. Use this district check before narrowing by bedroom and area band.
Chelsea Grove rent and sale price
D12 / Balestier, Toa Payoh, Serangoon
Address 2 Martaban Road Chelsea Grove Singapore 328626
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Quick summary about Chelsea Grove
Chelsea Grove is a freehold apartment in D12 / Balestier, Toa Payoh, Serangoon. The page currently tracks 37 rentals and 8 sales.
- Latest 12M median rent is $4,100 per month from 11 rentals. The bedroom and floor-area tables below show the full loaded history.
- Latest 12M median sale price is $1,840,000, with median sale PSF at $1,230 psf from 1 sales.
- Rent is flat over the last 3 months. Sale PSF is down 16.8% over the last 3 months.
Chelsea Grove Market Brief
Compare the project with D12 across rent, sale PSF, tenure and transaction activity.
Compared with D12
Sale PSF vs D12 -32.2%
Sale PSF below district median
Chelsea Grove's latest 12-month median sale PSF is $1,230 psf versus the D12 median of $1,813 psf for the same period. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 2.67%
Rent support near district screen
Gross yield is roughly 2.67% versus a D12 screen of 2.54%. 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 +12.5%
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.
Before you decide
Latest 12M median rent $4,100
Is the asking rent fair?
$3,900 to $4,300 is the first fair-rent band to check. Above $4,300 should have a visible reason.
Latest 12M median sale PSF $1,230 psf
Is the purchase price fair?
$1,780,000 to $1,900,000 and $1,190 to $1,270 psf are the first sale checks before adjusting for floor, size, view and condition.
2 bed rent $4,000
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 +12.5%
Is activity rising?
Activity is steady. Recent transaction volume is close to the prior 6-month view.
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 37 Jun 2021 to Jun 2026
Sale transactions 8 Jun 2021 to Oct 2025
Rent trend 0.0% 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
BENDEMEER PRIMARY SCHOOL 1.61 km away
Amenities
BENDEMEER SHOPPING MALL Mall / retail · 1.42 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 $4,100 21 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
Jun 2026 1 $4,100 0 - -
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 - -
Projects Similar to Chelsea Grove
Same district, ranked by similar rent, sale PSF and transaction depth.
Freehold Sunville 1.5 km away 123 transactions
- Median rent
- $3,800
- Median sale PSF
- $1,276 psf
- Median rent
- $3,800
- Median sale PSF
- $1,230 psf
- Median rent
- $3,800
- Median sale PSF
- $1,610 psf
- Median rent
- $3,600
- Median sale PSF
- $1,161 psf
- Median rent
- $3,850
- Median sale PSF
- $1,049 psf
- Median rent
- $3,900
- Median sale PSF
- $1,237 psf
Chelsea Grove Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
2 bed $4,000 $3,819 37
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 $3,795 30
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 latest 12-month median monthly rent of $4,100 across 11 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Latest 12M median rent $4,100
Rentals in period 11
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
Latest 12M sales at Chelsea Grove show a median price of $1,840,000 and $1,230 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Latest 12M median sale $1,840,000
Latest 12M median PSF $1,230 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 Jun 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.
Run Chelsea Grove numbers
Start with the project benchmarks, then adjust the calculator assumptions for the unit you are considering.
Rental yield $4,100/mo Test gross and net yield against typical rent. Buy vs rent $1.8M Compare ownership cost against renting. Mortgage $1.8M Estimate monthly payment from the sale price. Stamp duty $1,230 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
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 latest 12-month median monthly rent of $4,100 across 11 rentals in that period.
What is the typical sale price at Chelsea Grove?
The latest 12-month median sale price for Chelsea Grove is $1,840,000, based on 1 sales in that period.
What is the median sale PSF at Chelsea Grove?
The latest 12-month median sale price per square foot for Chelsea Grove is $1,230 psf. The average for the same period is $1,230 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.