Banyan Condominium

Banyan Condominium is a freehold condominium completed in 1995. The development occupies a land area of 12,630 sqm and a Gross Floor Area of 17,682 sqm. It consists of 104 units. According to records, buyers of this development are Singaporean 77.2%, PR 7.6%, Foreigner 11.4%, Company 1.3%.

BANYAN CONDOMINIUM is located along Chwee Chian Road in Queenstown, in District 5. It is accessible through the nearest MRTs including Pasir Panjang CC26 and Haw Par Villa CC25.

Based on transaction data in the last 12 months, sale prices range from S$ 1,188 psf to S$ 1,188 psf at an average of S$ 1,188 psf. Its highest recorded transaction was S$ 1,252 psf in May 2021 for a 1,518-sqft unit. Its lowest recorded transaction was S$ 347 psf in Feb 2005 for a 1,238-sqft unit. Its current rental yield is at 3.2%. Other nearby amenities include: 1 Grocerie: HONESTBEE PTE. LTD., and 1 Shopping Mall: Viva Vista Shopping Mall.

Buyers and tenants are attracted to District 5, which spans across the Buona Vista, Clementi, Dover, Pasir Panjang and West Coast neighbourhoods. It is a popular choice for home buyers due to its relative proximity to the Core Central Region. With a variety of amenities such as restaurants, bars and shops, parks, gyms and business properties in the area, District 5 is perfect for residents looking for a lively location with both work and play spaces. District 5 has a good mix of property in terms of affordability, ranging from HDB flats to luxury condominiums to landed properties. District 5 also has a number of commercial and industrial properties around Clementi MRT, at Star Vista and One North. The district is also well connected by MRT stations such as Clementi, Dover, Buona Vista, One-North, Kent Ridge, Haw Par Villa and Pasir Panjang MRT stations along the East-West and Circle lines. District 5 is also particularly car-friendly. Residents with cars are well served by the Ayer Rajah Expressway and the West Coast Highway.

As a major financial and business hub, the Central Region stands as the dynamic city centre of Singapore. Spanning 13,150ha in land area, the region hosts Singapore's only UNESCO World Heritage Site and is home to many of the country's national monuments, such as the Merlion Park and Statue of Raffles. Although the region is designated mainly for commercial activities, it houses residential developments ranging from HDBs to bungalows. There is also plenty of greenery in the region, linked by 19km of park connectors. According to the Master Plan 2019, Orchard and Downtown will be rejuvenated as a lifestyle hub to include more mixed developments which offer live, work and play opportunities. New housing will be constructed in the Marina South Area with community facilities and amenities. Stage-6 of the Circle Line opening by 2025 will also enhance the Central Region's connectivity.