Nicon Gardens

Overview

Unit Info

Sales

Rental

Surrounding

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Overview

Unit Info

Sales

Rental

Surrounding

More

Sale Price *

Average
S$ 911 psf
Range
S$ 904 - 918 psf

Amenities

3.4
3.4

Convenience

4.8
4.8

Connectivity

Details

No data

*Based on URA sales data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

**Based on URA rental data in the last 12 months. Otherwise, based on latest transaction. May not be representative.

Facilities
0 Facilities Available
Description
Nicon Gardens is a leasehold (99 yrs from 1981) condominium completed in 1984. The development occupies a land area of 15,290 sqm. It consists of 47 units. According to records, buyers of this development are Singaporean 81.5%, PR 14.8%, Foreigner 0.0%, Company 1.9%.

NICON GARDENS is located along Choa Chu Kang Road in Bukit Batok, in District 23. It is accessible through the nearest MRTs including Bukit Panjang DT1 and Cashew DT2.

Based on transaction data in the last 12 months, sale prices range from S$ 904 psf to S$ 918 psf at an average of S$ 911 psf. Its highest recorded transaction was S$ 918 psf in Oct 2024 for a 2,013-sqft unit. Its lowest recorded transaction was S$ 225 psf in Dec 2001 for a 1,938-sqft unit. Other nearby amenities include: 3 Grocerie(s): SHENG SIONG SUPERMARKET PTE LTD, SHENG SIONG SUPERMARKET PTE LTD, NTUC FAIRPRICE CO-OPERATIVE LTD, and 3 Shopping Mall(s): Junction 10, Hillion mall, Bukit Panjang Plaza.

Buyers and tenants are attracted to District 23, which covers Choa Chu Kang, Bukit Batok, Hillview and Bukit Panjang. Choa Chu Kang's name was derived from "kangchu", which refers to plantation owners in Teochew. Originally a kampung, the town has evolved into a modern neighbourhood with strong public transport links and two shopping malls. One of which is Lot One Shoppers’ Mall, a mall located next to the Choa Chu Kang MRT station offering various retail and dining options. Walking along Choa Chu Kang Park, visitors can also still see old fruit tree plantations. Bukit Batok is home to many natural landmarks, such as Bukit Batok Town Park, Bukit Batok Nature Park, Bukit Batok Hill and Little Guilin, which bears a resemblance of Guilin in China, offering a view of towering granite rock sitting within a lake. The main shopping mall is West Mall, which has a public library, post office and cinema within its compounds.

With a land area of 25,500ha, the West Region is the largest of the five regions in Singapore. Jurong East is the regional centre of the region, while Jurong West is the most populous town in the region. A large number of Singapore's heavy industry companies are concentrated in the West Region. These are mainly petrochemical companies, comprising of international players such as BP, ExxonMobil, DuPont, Mitsui Chemicals and Shell. The West Region is also at the forefront of the government's industrial development efforts. The government plans to develop the Jurong Lake District and Jurong Innovation District into the second Central Business District (CBD) area in Singapore. Additionally, the Tuas Mega Port, upon completion in the 2040s, is anticipated to be the world's single largest container port with an annual capacity of 65 million TEUs.
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What they say
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4
"The environment is quiet and the air is fresh, it is a good place to live"
G*** W****
Google Review     |   28 Jan 2021
4
"It is nice and beautiful"
Ë**************
Google Review     |   17 Dec 2020
4
"Silence"
D******** S*
Google Review     |   09 Oct 2020
5
"We stayed here. Landed house housing complex which is very rare and expensive in Singapore. Only about 45 units. Exiting the complex there is a bus & MRT shelter."
A**** A***
Google Review     |   13 Jul 2018
4
"Peaceful, no facilities"
M******* A******
Google Review     |   23 Feb 2017
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Nearby Amenities
Source: URA,  www.edgeprop.sg
All Nearby Amenities

Within 500m

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Floor Plans
No data
Size Distribution
Note: Estimated when over 70% of the unit sizes are known, may differ from actual unit size distribution.
Unit Mix

Sales Transaction of NICON GARDENS

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Date
Area(sqft)
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Source

Asking Price of NICON GARDENS

Source: URA, https://www.edgeprop.sg

Listed On
Days in Market
Property Type
Bedrooms
Floor Area
Price (S$)
PSF (S$)
Agent NameAgent Mobile
Link
0 asking price for sale selected

Developer's Selling Prices

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Developer's Sales

Note: Based on developer's monthly submission to URA

Source: URA, https://www.edgeprop.sg

Price Trends

Volume Trends

No data
Rental Transactions of NICON GARDENS

Lease Start
Unit Size (Sqft)
Monthly Rent (S$)
Bedrooms
Monthly Rent (Est. S$ psf)
Street
Type
Source

Rental Trends

Average Rental Yield Analysis
*Based on transactions and rents in the past 6 months.
Unit Size (sqft)
Average Monthly Rent (S$)
Rental Contracts
Average Price (S$)
Transactions
Rental Yield (%)
Historical Quarterly Rental

Price Comparison with Nearby Properties (UP to 10)

(Within 1000 meters)

Note: *Based on URA Sales data in the last 12 months. **Based on URA Rental data in the last 12 months.

Marker
Project Name
Tenure
Completion Date
Distance (m)
Min Price* (S$ psf)
AVG Price* (S$ psf)
Max Price* (S$ psf)
Min Rental** (S$ psf pm)
AVG Rental** (S$ psf pm)
Max Rental** (S$ psf pm)
Rental Yield** (%)

Nearby Land Sales

StatusStreet NameLocationLand AttributesEstimated Breakeven
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Listings

No data

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Property News

Nicon Gardens up for collective sale at $110 million

FAQs about NICON GARDENS

What is the nearest MRT Station to NICON GARDENS ?
The nearest MRT Station from NICON GARDENS is Bukit Panjang DT1,BP5,BP4 MRT

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