The Madeira rent and sale price
D23 / Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang
Address 50 Bukit Batok Street 31 the Madeira Singapore 659442
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Condominium, Non-Landed Properties 282 transactions 99-year leasehold from 2000 Latest records Jun 2026
Similar projects nearby
Project read
Quick summary about The Madeira
The Madeira is a 99-year leasehold condominium in D23 / Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang. The page currently tracks 211 rentals and 71 sales.
- Typical rent is $4,000 per month, with bedroom and floor-area splits below for a closer unit-level view.
- Typical sale price is $1,330,000, with median sale PSF at $1,119 psf and total recorded sale value of $93.8M.
- Rent is up 5.1% over the last 3 months. Sale PSF is down 5.0% over the last 3 months.
The Madeira Market Position
How this project compares with the wider D23 market before you read the detailed tables.
Rent vs D23 +14.3%
Rents above district median
The Madeira's median rent is $4,000 compared with the D23 median of $3,500. Use this as the district-level check before narrowing by bedroom and area band.
Sale PSF vs D23 -24.7%
Sale PSF below district median
The Madeira's median sale PSF is $1,119 psf versus the D23 median of $1,486 psf. A premium should be explained by tenure, condition, floor, view or scarcity.
Rent support 3.61%
Rent support above district screen
Gross yield is roughly 3.61% versus a D23 screen of 2.92%. Treat this as a first-pass rent support signal before costs, vacancy and financing.
Rent stability 22.2% spread
Rent has some movement
Recent rents moved enough that bedroom count, area band and latest contracts matter.
Market activity -9.7%
Activity is steady
Recent transaction volume is close to the prior 6-month view.
Tenure lens 99-year leasehold
Leasehold comparison needed
99-year leasehold from 2000 matters most on sale price. Compare The Madeira against nearby projects with similar tenure before treating a PSF gap as cheap or expensive.
The Madeira Decision Snapshot
Fast checks for rent fairness, purchase pricing, stable rent and transaction activity before you dig into the tables.
Median rent $4,000
Is the asking rent fair?
$3,800 to $4,200 is the first fair-rent band to check. Above $4,200 should have a visible reason.
Median sale PSF $1,119 psf
Is the purchase price fair?
$1,290,000 to $1,370,000 and $1,090 to $1,150 psf are the first sale checks before adjusting for floor, size, view and condition.
3 bed rent $4,100
Are similar units renting for more?
3 bed and 1,300 to 1,400 sqft give the closest unit-size checks.
Rent stability 22.2% spread
Is rent stable here?
Rent has some movement. Recent rents moved enough that bedroom count, area band and latest contracts matter.
Transaction volume -9.7%
Is activity rising?
Activity is steady. Recent transaction volume is close to the prior 6-month view.
Run The Madeira numbers
Use the typical rent and sale price from this project page as a starting point, then adjust the calculator assumptions.
Rental yield $4,000/mo Test gross and net yield against typical rent. Buy vs rent $1.3M Compare ownership cost against renting. Mortgage $1.3M Estimate monthly payment from the sale price. Stamp duty $1,119 psf Estimate buyer stamp duty before offer math. Purchase timeline Offer steps Map the option fee, exercise date, stamp duty and completion.
The Madeira Project Facts
Project-level details from URA records and local enrichment.
Tenure 99-year leasehold from 2000
Property type Condominium, Non-Landed Properties
Sales 71 resale transactions
Total sold value $93.8M
The Madeira Data Coverage
Use this to judge whether the project has enough rent, sale and recent transaction depth for a confident comparison.
Rentals 211 Jun 2021 to May 2026
Sale transactions 71 Jun 2021 to Feb 2026
Rent trend 5.1% Last 3 months
Sale PSF trend -5.0% Last 3 months
The Madeira 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
BUKIT GOMBAK MRT STATION (NS3) 0.27 km away
BUKIT BATOK MRT STATION (NS2) 0.98 km away
TENGAH PARK MRT STATION (JE2) 1.54 km away
Schools nearby
DAZHONG PRIMARY SCHOOL 0.19 km away
LIANHUA PRIMARY SCHOOL 0.65 km away
HILLGROVE SECONDARY SCHOOL 0.68 km away
SAINT ANTHONY'S PRIMARY SCHOOL 0.7 km away
Amenities
FORUM THE SHOPPING MALL Mall / retail · 10.51 km away
FAIRPRICE HUB Daily needs · 8.68 km away
BUKIT BATOK WEST PARK CONNECTOR Park / green link · 0.07 km away
BUKIT BATOK WEST HAWKER CENTRE Food centre · 0.86 km away
The Madeira Rent and Sale PSF Trends
Recent rent, sale PSF and contract activity for this project.
Latest median rent $4,000 68 rentals in view
Latest median sale PSF $1,161 psf 23 sales in view
Month Rent contracts Median rent Sale transactions Median sale PSF Median sale
May 2026 5 $4,000 0 - -
Apr 2026 5 $4,100 0 - -
Mar 2026 5 $4,200 0 - -
Feb 2026 2 $3,725 2 $1,161 psf $1,395,000
Jan 2026 6 $4,190 1 $1,228 psf $1,560,000
Dec 2025 2 $3,900 0 - -
Nov 2025 1 $4,500 2 $1,181 psf $1,344,000
Oct 2025 1 $3,850 1 $1,242 psf $1,538,000
Sept 2025 2 $3,600 2 $1,251 psf $1,354,000
Aug 2025 5 $4,000 2 $1,136 psf $1,849,000
Jul 2025 6 $4,100 2 $1,223 psf $1,585,000
Jun 2025 4 $4,400 3 $1,206 psf $1,500,000
Projects Similar to The Madeira
Same district, ranked by similar rent, sale PSF and transaction depth.
99-year leasehold from 2001 The Warren 3.2 km away 498 transactions
- Median rent
- $3,850
- Median sale PSF
- $1,092 psf
- Median rent
- $3,850
- Median sale PSF
- $1,152 psf
- Median rent
- $3,700
- Median sale PSF
- $1,072 psf
- Median rent
- $3,600
- Median sale PSF
- $1,032 psf
- Median rent
- $3,825
- Median sale PSF
- $1,193 psf
- Median rent
- $3,800
- Median sale PSF
- $1,213 psf
The Madeira Rent by Bedrooms
Monthly rent by recorded bedroom count.
Bedrooms Median rent Average rent Transactions
2 bed $3,700 $3,487 71
3 bed $4,100 $4,029 139
4 bed $5,200 $5,200 1
The Madeira Rent by Size
Monthly rent by recorded URA floor area band.
Area band Median rent Average rent Transactions
800 to 900 sqft $3,000 $3,000 1
900 to 1,000 sqft $3,500 $3,410 30
1,000 to 1,100 sqft $3,750 $3,580 41
1,100 to 1,200 sqft $4,750 $4,750 1
1,200 to 1,300 sqft $4,175 $4,064 58
1,300 to 1,400 sqft $4,100 $3,988 79
2,400 to 2,500 sqft $5,200 $5,200 1
The Madeira Sale PSF by Floor
Median sale price and PSF by recorded floor band.
Floor band Median sale Median PSF Transactions
01 to 05 $1,430,000 $1,019 psf 8
06 to 10 $1,165,000 $1,098 psf 16
11 to 15 $1,390,000 $1,144 psf 12
16 to 20 $1,305,000 $1,195 psf 16
21 to 25 $1,350,000 $1,121 psf 17
26 to 30 $1,705,000 $1,178 psf 2
The Madeira 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
The Madeira shows a typical monthly rent of $4,000 across 211 rentals. Use that as the first anchor, then check the bedroom and floor-area bands before accepting an asking rent.
Median rent $4,000
Rentals 211
Rent signal Strong
- 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 The Madeira point to a typical sale price of $1,330,000 and $1,119 psf. Treat those as the first comparable range, then adjust for floor, size, condition and tenure.
Median sale $1,330,000
Median PSF $1,119 psf
Sale signal Strong
- Compare the unit against the sale by floor table before deciding whether a premium makes sense.
- 99-year leasehold from 2000 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. The Madeira has 71 sales on this page, so pricing should be checked against actual recent contracts before listing.
Sale signal Strong
Total sold value $93.8M
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 D23 to compare The Madeira 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.
The Madeira FAQ
Quick answers for renters, buyers and owners comparing this project.
What is the typical rent at The Madeira?
The Madeira has a median monthly rent of $4,000 across 211 rentals.
What is the typical sale price at The Madeira?
The median sale price for The Madeira is $1,330,000, based on 71 sales on this page.
What is the median sale PSF at The Madeira?
The median sale price per square foot for The Madeira is $1,119 psf. The average sale PSF is $1,090 psf.
Is The Madeira freehold or leasehold?
The Madeira is listed as 99-year leasehold from 2000. Tenure is tied to the project and is most relevant when reviewing sale transactions.
Where is The Madeira located?
The Madeira is located at 50 Bukit Batok Street 31 the Madeira Singapore 659442 in D23 / Hillview, Dairy Farm, Bukit Panjang, Choa Chu Kang.
How current is the The Madeira 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.