Shan Gate Apartments rent and sale price
D12 / Balestier, Toa Payoh, Serangoon
Address 2 Shan Road Shan Gate Apartments Singapore 328103
Open map
Apartment, Non-Landed Properties 22 transactions Freehold Latest records Jun 2026
Similar projects nearby
Project read
Quick summary about Shan Gate Apartments
Shan Gate Apartments is a freehold apartment in D12 / Balestier, Toa Payoh, Serangoon. The page currently tracks 20 rentals and 2 sales.
- Typical rent is $3,300 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $1,695,000, with median sale PSF at $1,357 psf and total recorded sale value of $3.4M.
- Rent is down 1.4% over the last 3 months. Sale PSF is flat over the last 3 months.
Shan Gate Apartments Market Position
How this project compares with the wider D12 market before you read the detailed tables.
Rent vs D12 -5.7%
Rents near district median
Shan Gate Apartments's median rent is $3,300 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 -23.3%
Sale PSF below district median
Shan Gate Apartments's median sale PSF is $1,357 psf versus the D12 median of $1,769 psf. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 2.34%
Rent support near district screen
Gross yield is roughly 2.34% versus a D12 screen of 2.56%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 57.1% spread
Rent is uneven
Recent median rents vary a lot, usually because unit mix differs month to month.
Market activity +57.1%
Activity is rising
11 recent transactions versus 7 in the prior 6-month view.
Tenure lens Freehold
Freehold comparison needed
Freehold matters most on sale price. Compare Shan Gate Apartments against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
Shan Gate Apartments Decision Snapshot
Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.
Median rent $3,300
Is the asking rent fair?
$3,150 to $3,450 is the first fair-rent band to check. Above $3,450 should have a visible reason.
Median sale PSF $1,357 psf
Is the purchase price fair?
$1,640,000 to $1,750,000 and $1,320 to $1,400 psf are the first sale checks before adjusting for floor, size, view and condition.
1 bed rent $3,100
Are similar units renting for more?
1 bed and 700 to 800 sqft give the closest unit-size checks.
Rent stability 57.1% spread
Is rent stable here?
Rent is uneven. Recent median rents vary a lot, usually because unit mix differs month to month.
Transaction volume +57.1%
Is activity rising?
Activity is rising. 11 recent transactions versus 7 in the prior 6-month view.
Run Shan Gate Apartments numbers
Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.
Rental yield $3,300/mo Test gross and net yield against typical rent. Buy vs rent $1.7M Compare ownership cost against renting. Mortgage $1.7M Estimate monthly payment from the sale price. Stamp duty $1,357 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
Shan Gate Apartments Project Facts
Project-level details from URA records and local enrichment.
Tenure Freehold
Property type Apartment, Non-Landed Properties
Sales 2 resale transactions
Total sold value $3.4M
Shan Gate Apartments Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 20 Sept 2021 to Nov 2025
Sale transactions 2 Oct 2023 to May 2024
Rent trend -1.4% Last 3 months
Sale PSF trend 0.0% Last 3 months
Shan Gate Apartments 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) 0.7 km away
TOA PAYOH MRT STATION (NS19) 0.75 km away
MOUNT PLEASANT MRT STATION (TE10) 1.33 km away
Schools nearby
SAINT JOSEPH'S INSTITUTION INTERNATIONAL ELEMENTARY SCHOOL 1.07 km away
ANGLO-CHINESE SCHOOL (PRIMARY) 1.51 km away
BENDEMEER SECONDARY SCHOOL 1.57 km away
FARRER PARK PRIMARY SCHOOL 1.57 km away
Amenities
BENDEMEER SHOPPING MALL Mall / retail · 1.94 km away
FAIRPRICE FINEST THE CENTREPOINT Daily needs · 2.81 km away
WHAMPOA PARK CONNECTOR Park / green link · 0.76 km away
HAWKER CENTRE (BLK 75 TOA PAYOH LORONG 5) Food centre · 1.31 km away
Shan Gate Apartments Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $3,500 20 rentals in view
Latest median sale PSF $1,361 psf 2 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
Nov 2025 2 $3,500 0 - -
Sept 2025 1 $3,100 0 - -
Dec 2024 1 $4,500 0 - -
Nov 2024 2 $3,500 0 - -
Jul 2024 4 $3,650 0 - -
May 2024 0 - 1 $1,361 psf $1,700,000
Oct 2023 0 - 1 $1,353 psf $1,690,000
Sept 2023 1 $3,550 0 - -
Aug 2023 1 $3,200 0 - -
Jan 2023 1 $4,000 0 - -
Dec 2022 1 $3,800 0 - -
Nov 2022 2 $3,500 0 - -
Projects Similar to Shan Gate Apartments
Same district, ranked by similar rent, sale PSF and transaction depth.
Freehold The Verve 0.2 km away 283 transactions
- Median rent
- $3,000
- Median sale PSF
- $1,377 psf
- Median rent
- $3,500
- Median sale PSF
- $1,439 psf
- Median rent
- $3,275
- Median sale PSF
- $1,423 psf
- Median rent
- $3,100
- Median sale PSF
- $1,334 psf
- Median rent
- $3,250
- Median sale PSF
- $1,493 psf
- Median rent
- $3,000
- Median sale PSF
- $1,410 psf
Shan Gate Apartments Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
1 bed $3,100 $3,055 10
2 bed $3,800 $3,817 3
3 bed $3,900 $3,886 7
Shan Gate Apartments Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
700 to 800 sqft $3,100 $3,055 10
1,000 to 1,100 sqft $3,800 $3,817 3
1,200 to 1,300 sqft $3,900 $3,886 7
Shan Gate Apartments Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
06 to 10 $1,695,000 $1,357 psf 2
Shan Gate Apartments 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
Shan Gate Apartments shows a typical monthly rent of $3,300 across 20 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $3,300
Rentals 20
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 Shan Gate Apartments point to a typical sale price of $1,695,000 and $1,357 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $1,695,000
Median PSF $1,357 psf
Sale signal Thin
- 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. Shan Gate Apartments has 2 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Thin
Total sold value $3.4M
Latest record Nov 2025
- 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 Shan Gate Apartments 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.
Shan Gate Apartments FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at Shan Gate Apartments?
Shan Gate Apartments has a median monthly rent of $3,300 across 20 rentals.
What is the typical sale price at Shan Gate Apartments?
The median sale price for Shan Gate Apartments is $1,695,000, based on 2 sales on this page.
What is the median sale PSF at Shan Gate Apartments?
The median sale price per square foot for Shan Gate Apartments is $1,357 psf. The average sale PSF is $1,357 psf.
Is Shan Gate Apartments freehold or leasehold?
Shan Gate Apartments is listed as Freehold. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is Shan Gate Apartments located?
Shan Gate Apartments is located at 2 Shan Road Shan Gate Apartments Singapore 328103 in D12 / Balestier, Toa Payoh, Serangoon.
How current is the Shan Gate Apartments 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.